Repossession and Collection Specialist
3 weeks ago
Job Summary: We are seeking a highly skilled and experienced Repossession and Collection Specialist to join our team at K2 Staffing, LLC. As a key member of our team, you will be responsible for repossessing assets, developing processes, and policies to ensure successful assignments and cost reduction.
Key Responsibilities:
- Repossess specific asset types of collateral, develop processes, and policies to ensure successful assignments and cost reduction.
- Coordinate and monitor vehicle repossession and transport to auctions, repossession agent recruitment, vehicle valuation, insurance tracking, and title verification.
- Work closely with the business unit engaged in loss mitigation, recovery, and re-marketing to ensure efficient decision-making.
- Review accounts and communicate effectively with branches and executive management to make informed decisions.
- Close accounts with Repossession Agents, including documentation in the System of Record (SOR), deficiency balance adjustments, account tags, payment, and assessment of all invoices.
- Train others where required and take on special projects as needed.
- Bilingual (Spanish and English) is a major plus, and experience with Recovery Database Network (RDN) software is desired.
- Intermediate to advanced technical skills working with MS Office are required.
Requirements:
- High school diploma or equivalent required.
- 2+ years of experience in repossession and collection, preferably in the automotive industry.
- Excellent communication and problem-solving skills.
- Ability to work in a fast-paced environment and meet deadlines.
- Bi-lingual (Spanish and English) preferred.
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