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Asset Recovery Specialist Jobs (NOW HIRING)

CFS

Asset Recovery Specialist

Itasca, IL · On-site

Asset Recovery Specialist Overview: We're seeking a motivated and experienced Asset Recovery Specialist with strong skip tracing skills. This role is responsible for managing delinquent accounts from ...

CFS

Debt Resolution Specialist

Itasca, IL · On-site

Senior Debt & Asset Recovery Specialist Our Client is seeking a Senior Debt & Asset Recovery Specialist to join its Asset Recovery team in Itasca. This role is focused on managing complex, late-stage ...

SWBC

Asset Recovery Specialist

San Antonio, TX · On-site

Verifies all title documents and DMV processes; submits title packets to the particular DMV or title vendor for lien perfection; and informs both the Claims and Asset Recovery Departments of any ...

SWBC

Asset Recovery Specialist

San Antonio, TX · On-site

Verifies all title documents and DMV processes; submits title packets to the particular DMV or title vendor for lien perfection; and informs both the Claims and Asset Recovery Departments of any ...

WESTAMERICA BANK

Asset Recovery Specialist

Fairfield, CA · On-site

$16.50 - $26.69/hr

Coordinates repossession activities on consumer loans and analyzes to gain maximum financial recovery. ESSENTIAL FUNCTIONS: Fundamental Duties * Coordinates repossession activities on exceptionally ...

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How much do asset recovery specialist jobs pay per hour?

As of Aug 21, 2026, the average hourly pay for asset recovery specialist in the United States is $22.38, according to ZipRecruiter salary data. Most workers in this role earn between $18.75 and $26.20 per hour, depending on experience, location, and employer.

What is an asset recovery specialist?

Asset Recovery Specialists are professionals responsible for locating, reclaiming, and managing assets that have been lost, stolen, or are no longer in use by an organization. They often work in industries such as finance, banking, and logistics to recover physical property or financial assets. Their duties may include investigating asset losses, coordinating with law enforcement or legal teams, and ensuring the proper documentation and return of recovered items. Asset Recovery Specialists help organizations minimize losses and maximize the value of recoverable assets.

What does an asset recovery specialist do?

The job duties of an asset recovery specialist include working to repossess and resell property seized as the result of a foreclosure, loan default, or bankruptcy. Your responsibilities may sometimes involve working with borrowers to resolve debt problems before default, to create an alternative repayment agreement, or to distribute the debt for more manageable repayment. In this career, you may work in the finance or banking industries. You may also operate as a resource recovery specialist for a company that has a lot of inventory.

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

To thrive as an Asset Recovery Specialist, you need strong analytical skills, attention to detail, and knowledge of collections or financial recovery procedures, often supported by a background in finance or business. Familiarity with asset management software, collections databases, and relevant legal or regulatory compliance tools is typically required. Excellent negotiation, problem-solving, and interpersonal communication skills help build rapport with clients and resolve complex recovery cases. These skills are crucial for maximizing asset recovery rates, maintaining compliance, and ensuring positive outcomes for both the organization and its clients.

How does an asset recovery specialist typically collaborate with other departments within an organization?

Asset Recovery Specialists frequently work alongside teams such as finance, legal, and operations to locate, reclaim, and manage company assets. They coordinate with the finance department to verify asset ownership and values, and with legal teams to ensure compliance with regulations or to handle disputes. Effective communication and attention to detail are essential, as specialists often need to document asset status, negotiate returns, or facilitate asset liquidation. This cross-functional collaboration is key to maximizing asset recovery outcomes and minimizing losses.

How much does an asset recovery specialist make?

An asset recovery specialist typically earns between $40,000 and $70,000 annually, depending on experience, location, and the industry they work in. Entry-level positions may start lower, while experienced professionals with specialized skills can earn higher salaries, often supplemented with bonuses or commissions.
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Asset Recovery Specialist jobs near you
Infographic showing various Asset Recovery Specialist job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $46,548 per year, or $22.4 per hour.

Asset Recovery Specialist

CFS

Itasca, IL • On-site

Full-time

Posted 7 days ago

Job description

Asset Recovery Specialist
Overview:
We’re seeking a motivated and experienced Asset Recovery Specialist with strong skip tracing skills. This role is responsible for managing delinquent accounts from repossession assignment through resolution, coordinating with internal teams and external vendors to maximize recoveries.

Key Responsibilities of the Asset Recovery Specialist:

  • Manage assigned accounts from repo assignment to resolution or account reinstatement.
  • Conduct skip tracing and customer outreach to locate assets and resolve delinquencies.
  • Assign and coordinate with repossession agents; reassign as needed for best recovery outcomes.
  • Collaborate with Collections, Asset Management, and Legal teams to drive account resolution.
  • Maintain accurate documentation for internal tracking and asset remarketing.
  • Recommend charge-offs or payment restructuring when appropriate.
  • Ensure timely processing of repossession-related invoices.

Qualifications for the Asset Recovery Specialist:

  • Proven experience in collections and skip tracing.
  • Strong negotiation, multitasking, and communication skills.
  • Detail-oriented with the ability to manage multiple accounts independently.
  • Team player with a proactive and positive attitude.

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