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Asset Recovery Jobs in Illinois (NOW HIRING)

Contribute to maximizing the financial return of precious metal recoveries (hard scrap, filings, sweeps, vacuum bags, etc.) by following proper asset recovery procedures to achieve expected asset ...

Contribute to maximizing the financial return of precious metal recoveries (hard scrap, filings, sweeps, vacuum bags, etc.) by following proper asset recovery procedures to achieve expected asset ...

Contribute to maximizing the financial return of precious metal recoveries (hard scrap, filings, sweeps, vacuum bags, etc.) by following proper asset recovery procedures to achieve expected asset ...

Director Lifecycle Management Practice

Chicago, IL ยท On-site

$157.50 - $192.50/hr

This includes Endpoint Lifecycle Management, Configuration Services, Break/Fix Services, Asset Recovery, asset decommissioning, and related professional and managed services. The role serves as a ...

Contributes to maximizing the financial return of precious metal recoveries (hard scrap, filings, sweeps, vacuum bags, etc.) by following proper asset recovery procedures. * Adheres to all safety ...

Contributes to maximizing the financial return of precious metal recoveries (hard scrap, filings, sweeps, vacuum bags, etc.) by following proper asset recovery procedures. * Adheres to all safety ...

Contributes to maximizing the financial return of precious metal recoveries (hard scrap, filings, sweeps, vacuum bags, etc.) by following proper asset recovery procedures. * Adheres to all safety ...

Asset Protection Specialist

Carpentersville, IL ยท On-site

$19.75 - $21.25/hr

... recoveries, preserving evidence, interacting with law enforcement and testifying in criminal and ... The Asset Protection Specialist must report any hazardous or unsafe condition to the Manager on ...

... recoveries, preserving evidence, interacting with law enforcement and testifying in criminal and ... The Asset Protection Specialist must report any hazardous or unsafe condition to the Manager on ...

... recoveries, preserving evidence, interacting with law enforcement and testifying in criminal and ... The Asset Protection Specialist must report any hazardous or unsafe condition to the Manager on ...

... recoveries, preserving evidence, interacting with law enforcement and testifying in criminal and ... The Asset Protection Specialist must report any hazardous or unsafe condition to the Manager on ...

Asset Protection Specialist

Evanston, IL

$19.25 - $20.75/hr

... recoveries, preserving evidence, interacting with law enforcement and testifying in criminal and ... The Asset Protection Specialist must report any hazardous or unsafe condition to the Manager on ...

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Asset Recovery information

See Illinois salary details

$5

$21

$33

How much do asset recovery jobs pay per hour?

As of Aug 28, 2026, the average hourly pay for asset recovery in Illinois is $21.69, according to ZipRecruiter salary data. Most workers in this role earn between $18.17 and $25.38 per hour, depending on experience, location, and employer.

What is an asset recovery?

An Asset Recovery job involves locating, retrieving, and managing assets that have been lost, stolen, defaulted, or otherwise need to be recovered. Professionals in this field work for financial institutions, businesses, or recovery agencies to reclaim physical or financial assets. Responsibilities may include investigating asset locations, negotiating settlements, and coordinating repossession efforts. Strong analytical, negotiation, and communication skills are essential for success in this role.

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

To thrive as an Asset Recovery professional, you need strong analytical skills, attention to detail, and experience in finance or collections, often supported by relevant coursework or certifications. Familiarity with asset management software, databases, and legal compliance systems is essential for tracking and recovering assets. Outstanding negotiation, communication, and problem-solving abilities help set you apart in this role. These skills are crucial for maximizing recovery value, maintaining compliance, and building trust with clients and stakeholders.

What are some typical challenges faced by asset recovery professionals?

Asset Recovery professionals often encounter complex cases where assets are difficult to locate or recover, requiring patience, creativity, and persistence. They may need to navigate regulatory requirements and work with legal teams to ensure compliance with all applicable laws. Additionally, the role can sometimes involve sensitive conversations with clients or debtors, so strong interpersonal and negotiation skills are essential. Collaborating closely with colleagues in finance, legal, and operations teams helps overcome these challenges and achieve successful recovery outcomes.

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. Entry-level positions may start lower, while experienced professionals or those in senior roles can earn higher salaries, often supplemented with bonuses or commissions. Strong analytical skills and knowledge of recovery tools are valuable in this field.

How to become an asset recovery specialist?

To become an asset recovery specialist, candidates typically need a high school diploma or equivalent, with some roles preferring a bachelor's degree in finance, accounting, or a related field. Relevant skills include attention to detail, negotiation, and knowledge of financial systems or legal procedures; certifications such as Certified Asset Recovery Specialist (CARS) can enhance prospects. Experience in finance, collections, or legal environments is often beneficial, and the role may require working in a team-oriented setting with strong analytical abilities.

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

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

What are popular job titles related to Asset Recovery jobs in Illinois?

For Asset Recovery jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Asset Recovery jobs in Illinois look for?

The top searched job categories for Asset Recovery jobs in Illinois are:

Infographic showing various Asset Recovery job openings in Illinois as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $45,107 per year, or $21.7 per hour.

Debt & Asset Recovery Specialist

Itasca, IL โ€ข On-site

Mitsubishi HC Capital America Inc
Finance and Insuranceย โ€ขย 51 - 200 employees

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 2 days ago


Job description

Position Overview: The company is looking for a motivated and experienced portfolio management professional skilled in mid-stage collections and recovery activities. The Debt and Asset Recovery Specialist responsibilities include (but are not limited to) collection of delinquent accounts through phone/written correspondence, skip-tracing, repossession requests/submissions, managing contracts out for repo, account escalation, and submittal of legal recommendations as warranted. This role ensures the effective coordination of late-stage collections, asset recovery, and risk mitigation strategies. The ideal candidate must be positive, focused, a team player, and possess strong time management, multitasking, and negotiating skills.


Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.


Essential Duties and Responsibilities: (List in order of time spent)

  • Strive to mitigate loss and maximize recoveries through proactive management of assigned problem account queue, performing all collection and recovery activities timely and accurately
  • Conduct extensive skip-tracing and work in conjunction with outside partners (repo and collections) n efforts to locate obligors, secure payment, and collateral
  • Assume responsibility for all out for repossession accounts until collected current or default cured. 
  • Prepare and present account status reports to management upon request
  • Assist our Collections Team by issuing door knockers and field assignments prior to repo assignment
  • Assign accounts to our repo companies based on the best probability of recovery and reassign as necessary
  • Coordinate with Collections, Asset Management, and Legal to effectively utilize all resources to reach account resolution
  • Create complete and thorough documentation so that the file can be handed to asset management for remarketing purposes
  • Document all interaction with customers and outside agencies to ensure tracking and reporting accuracy
  • Make next-step recommendations to management team including litigation, abandonment, and charging off 
  • Seek workout and repayment opportunities with obligors; working with customers to restructure, reschedule, rewrite, or extend payments. 
  • Handle all invoice resolutions to make sure bills are paid in a timely fashion
  • Furnish proper customer facing written communications such as demand and notice of private sale.
  • Conduct routine audits of repossession efforts; routinely seek updates from partners
  • Address third-party repair liens or competing interests
  • Ensure compliance with laws and internal policies
  • Participate in continuous improvement initiatives for processes and policies 
  • Handle any miscellaneous duties as assigned. 

 

KPI’s (Key Performance Indicators):

  • Routine agent performance indicators include effort and effectiveness measures
  • Call center performance
  • Account touches
  • Account resolutions
  • Repossession activity reporting
  • Message and follow up activity
  • Quality Control and monitoring
  • Support & Guidance to Team Members
  • Availability for daily questions and approvals
  • Accuracy and completeness of case files.
  • Compliance with internal standards and external regulations
  • Complex Case Handling
  • Strategic decision-making in sensitive scenarios
  • Training & Development
  • Escalation management and workflow continuity

 

Responsibility and Decision-Making Authority:

Acts independently within company policy. Makes decisions on recovery strategies, team operations, and resource allocation


Management/Supervisory Responsibilities: 

N/A


Qualifications:

  1. Solid working knowledge of MS Excel and MS Word preferred
  1. Bilingual in English & Spanish a plus


Competencies:

  • Strategic thinking and problem-solving 
  •  Strong interpersonal and negotiation skills 
  •  Risk assessment and decision-making 
  •  Excellent communication and organizational skills 
  • Desire to work in a team environment 
  • Forward thinking/adaptability – must be able and willing to adapt; strive for process improvement 
  • Time management - the ability to organize and manage multiple priorities
  • Attention to detail

 

Education and Experience:

  • 3 years collections experience (commercial preferred)
  • 1-2 years of credit experience preferred but not required.
  • College Degree preferred but not required.


Licensing and Certification:

  • N/A

 

Tools and Equipment Used: 

  • Personal computer, copier, phone, and other typical office equipment

 

Working Hours/Locations:

  • Hours may vary and may require some evening work; frequently requires working 40-45 hours/week depending on business needs.

 

Travel:

  • Occasional travel related to attendance at industry seminars


Physical Demands: 

  • Digital dexterity and hand/eye coordination in operation of office equipment
  • Light lifting and carrying of supplies, files, etc.
  • Ability to speak to and hear customers and/or other employees via phone or in person. 
  • Body motor skills sufficient to enable incumbent to move from one office location to another


The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.


The position is exempt and the salary will be between $57,200.00 and $63,400.00 with an opportunity to earn a discretionary annual bonus.


The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.
 

Additional benefits:

- Medical, Dental, and vision plans

- 401(k) and matching

- Paid Time Off