Repossession Specialist M-F 8am-5pm
Fifth Third Bank · Grand Rapids, MI · 3 wk ago
OTHRFull-time
Essential Duties And Responsibilities
- Cover conduct research, utilize skip tracing tools, and evaluate data from multiple sources to make strategic actionable decisions.
- Submit voluntary, involuntary, and impound repossession assignments/reassignments using multiple systems.
- Monitor daily verbal and written correspondence regarding impounds, contact any third party that has possession of the Bank’s collateral, and negotiate all storage/tow/repair charges.
- Accurately process and document all requests for repossession cancellations and redemptions.
- Reconcile and review vendor invoices to ensure agreed upon charges are paid and process adjustments to post repossession fees.
- Follow state and federal laws to protect both the Bank and the customer.
- Collaborative approach to identify and recommend solutions to issues.
- Consistently meet or exceed commitments as defined by leadership.
Supervisory Responsibilities
None
Minimum Knowledge, Skills And Abilities Required
- High school diploma or equivalent required.
- Minimum 2 years of collections, repossession, or equivalent work experience.
- Excellent verbal and written communication skills.
- Strong experience with Microsoft office products, such as Word, Excel, PowerPoint, and Outlook.
- Proficient with computer systems and keyboarding / data entry skills with moderate speed and accuracy.
- Ability to work in a team environment, presenting a professional image and commanding the respect of peers and leadership.
- General knowledge of collection laws, regulations, principles of credit lending, and risk management.
- Utilizes a fair degree of independence and problem solving.
- Ability to multi-task and be flexible while managing change.
- Self-motivated, professional with strong organizational and problem-solving skills.