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Asset Recovery Coordinator Jobs in Indiana (NOW HIRING)

Gehc

Depot Coordinator

Noblesville, IN · On-site

This position coordinates purchase order documentation, CRM activity updates, customer ... Proven experience in asset recovery, logistics, or a similar role. * Strong organizational and time ...

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Asset Recovery Coordinator information

What does an asset recovery coordinator do?

An Asset Recovery Coordinator is responsible for managing and overseeing the process of recovering, tracking, and disposing of company assets that are no longer in use or have reached the end of their lifecycle. This includes coordinating with different departments to ensure assets are properly documented, reclaimed, or recycled in accordance with company policies and legal regulations. They may also handle the sale or donation of recovered assets and work to maximize the value recovered for the organization while minimizing losses. Attention to detail, organizational skills, and knowledge of compliance requirements are important in this role.

What are some common challenges faced by asset recovery coordinators, and how can they be addressed effectively?

Asset Recovery Coordinators often encounter challenges such as tracking down missing or unreturned assets, coordinating with multiple departments, and ensuring compliance with company policies. Effective communication and meticulous record-keeping are crucial to overcoming these hurdles. Building strong relationships with team members and leveraging asset management software can streamline recovery efforts and minimize losses. Staying organized and proactive in follow-ups also helps in reducing recovery times and improving overall efficiency.

What are the key skills and qualifications needed to thrive as an asset recovery coordinator, and why are they important?

To thrive as an Asset Recovery Coordinator, you need strong organizational skills, attention to detail, and experience in asset management or logistics, often supported by a relevant associate or bachelor’s degree. Familiarity with inventory management systems, asset tracking software, and sometimes certifications like Certified Asset Recovery Specialist (CARS) are typically required. Excellent communication, problem-solving, and negotiation skills help in coordinating with clients, vendors, and internal teams. These abilities ensure efficient recovery, minimal asset loss, and compliance with company policies and legal regulations.

How to become an asset recovery coordinator?

To become an asset recovery coordinator, candidates typically need a high school diploma or equivalent, along with experience in finance, collections, or recovery operations. Strong organizational skills, knowledge of recovery processes, and familiarity with relevant tools or software are important; some roles may require certifications in finance or asset management. On-the-job training is common, and the role often involves working in a team environment with attention to detail.

What is the role of an asset recovery coordinator?

An asset recovery coordinator is responsible for locating, securing, and recovering assets that are owed or lost, often working with legal teams and using tracking tools. They develop recovery strategies, negotiate with stakeholders, and ensure compliance with relevant regulations to maximize asset recovery efforts.

What are the most commonly searched types of Asset Recovery jobs in Indiana?

The most popular types of Asset Recovery jobs in Indiana are:

What cities in Indiana are hiring for Asset Recovery Coordinator jobs?

Cities in Indiana with the most Asset Recovery Coordinator job openings:

Asset Recovery Coordinator jobs near you

Commercial Asset Recovery Manager

New Washington State Bank

Charlestown, IN • On-site

$90 - $130/hr

Other

Medical, Dental, Vision, Retirement

Posted 22 days ago

Job description

Benefits:
  • Health insurance
  • Vision insurance
  • 401(k)
  • 401(k) matching
  • Competitive salary
  • Dental insurance
Commercial Asset Recovery Manager

NWSB is adding a Commercial Asset Recovery Manager to our team! This is an on-site position to be located at our Charlestown or Sellersburg branch.

You will manager high-risk, non-performing loans to minimize financial losses. This role evaluates distressed accounts, negotiates loan restructures, and coordinates workouts with borrowers. When rehabilitation fails, the specialist oversees legal recoveries, foreclosures, and asset liquidations. The position requires strong credit analysis, sharp negotiation skills, and a deep understanding of banking regulations.

Loan Restructuring:
  • Review borrower financial metrics to assess repayment capacity.
  • Create new performance milestones the borrower must meet.
  • Draft formal loan modifications.
Risk Evaluation:
  • Analyze updated market valuations for real estate and equipment.
  • Review commercial financial statement and follow up on risk accounts.
Legal and Recovery Work:
  • Collaborate closely with legal counsel to establish clear, compliant resolution paths that protect assets.
  • Coordinate the execution of legal remedies, settlement structures, and asset recovery plans to maximize financial returns.
Loss Prevention:
  • Develop and execute comprehensive loss-mitigation plans early in the delinquency cycle to mini-mize financial exposure.
  • Present regular loss-exposure updates to leadership.
Education or Equivalent:
  • Bachelor’s degree in finance, business, or accounting
  • 5+ years in commercial lending, credit analysis, and debt recovery
Knowledge/Skills Requirements:
  • Strong grasp of banking laws, bankruptcy codes, and collection regulations.
  • High-level negotiation and problem-solving abilities.
  • Strong organizational skills with the ability to prioritize and manage multiple tasks.
  • High level of accuracy and attention to detail.
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