Assists with conducting team meetings * Assist in serving as the liaison with attorneys, auto repossession agencies, collection agencies and bankruptcy courts and Foreclosure * Assists in working ...
Assists with conducting team meetings * Assist in serving as the liaison with attorneys, auto repossession agencies, collection agencies and bankruptcy courts and Foreclosure * Assists in working ...
Detailer/Lot Attendant
Sturgis, MI · On-site
$14.42 - $15/hr
... with repossession and field collections following the Company guidelines. * Transfer cars to and from other Superior Auto locations and vendor shops as directed. What You'll Bring: * High school ...
Quick apply
Detailer/Lot Attendant
Sturgis, MI · On-site
$14.42 - $15/hr
... with repossession and field collections following the Company guidelines. * Transfer cars to and from other Superior Auto locations and vendor shops as directed. What You'll Bring: * High school ...
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Collections Agent
Lansing, MI · On-site
$14 - $17/hr
Initiate repossession proceedings or disconnect service * Keep records and status of customer ... Ability to prioritize and multitask Company Description RPM Auto Sales is a Buy Here Pay Here used ...
Quick apply
Be Seen First
Collections Agent
Lansing, MI · On-site
$14 - $17/hr
Initiate repossession proceedings or disconnect service * Keep records and status of customer ... Ability to prioritize and multitask Company Description RPM Auto Sales is a Buy Here Pay Here used ...
Account Services
Saginaw, MI · On-site
We have financed consumer auto loans since 1996 and specialize in auto loans for individuals with ... repossession when needed * Request form letters to customers to encourage payment of delinquent ...
Account Services
Saginaw, MI · On-site
We have financed consumer auto loans since 1996 and specialize in auto loans for individuals with ... repossession when needed * Request form letters to customers to encourage payment of delinquent ...
Auto Repossession information
See Michigan salary details
$12.15 - $14.29
11% of jobs
$15.62 is the 25th percentile. Wages below this are outliers.
$14.29 - $16.42
23% of jobs
The median wage is $17.86 / hr.
$16.42 - $18.55
24% of jobs
$18.55 - $20.69
16% of jobs
$20.93 is the 75th percentile. Wages above this are outliers.
$20.69 - $22.82
12% of jobs
$22.82 - $24.95
6% of jobs
$24.95 - $27.09
4% of jobs
$27.09 - $29.22
1% of jobs
$29.22 - $31.35
1% of jobs
$31.35 - $33.48
1% of jobs
$33.48 - $35.62
1% of jobs
$12
$20
$35
How much do auto repossession jobs pay per hour?
What is the difference between Auto Repossession vs Auto Loan Collector?
| Aspect | Auto Repossession | Auto Loan Collector |
|---|---|---|
| Required Credentials | None specific, often on-the-job training | Typically requires knowledge of collections and sometimes a high school diploma |
| Work Environment | Fieldwork, often outdoors, involving vehicle locations | Office-based or fieldwork, contacting borrowers |
| Industry Usage | Used by repossession agencies and lenders | Used by collection agencies and financial institutions |
Auto Repossession involves locating and retrieving vehicles when borrowers default, often requiring fieldwork and vehicle knowledge. Auto Loan Collectors focus on contacting borrowers to recover overdue payments, usually through calls or negotiations. While both roles are part of the auto finance industry, they differ in responsibilities, environment, and required skills.
What are the key skills and qualifications needed to thrive as an Auto Repossession Agent, and why are they important?
What is auto repossession?
What are some common challenges faced by auto repossession agents, and how can they be effectively managed?
Full-time
Medical, Dental, Vision, Retirement, PTO
Posted 24 days ago
University Of Michigan Credit Union rating
9.1
Based on 5 frontline employees who took The Breakroom Quiz
Job description
- Work with a high energy and collaborative group of supportive professionals.
- We are committed to helping you own your career and grow professionally and personally.
- Comprehensive benefits including low cost/high coverage medical, dental, vision, leave of absence and more!
- Very generous paid time off and a very flexible work environment to help you find just the right work-life balance.
- Tuition reimbursement and a student loan debt repayment program
- Our Fidelity 401k program with employer match is one of the most generous you'll find.
- From our parental leave, to pet insurance and home office credits, our benefits package is one of the best you'll find!
- Assists Solutions manager with leadership responsibilities including but not limited to selection and promotion, retention, recognition, coaching, engagement, direction, performance management, corrective action, compensation, job responsibilities, training and development
- Assists in planning and managing all aspects of the department. Performs the duties of any department team member when necessary
- Creates a team environment that facilitates engagement and team member participation
- Assists manager with training, development and performance of team members
- Assists with conducting team meetings
- Assist in serving as the liaison with attorneys, auto repossession agencies, collection agencies and bankruptcy courts and Foreclosure
- Assists in working directly with third-party mortgage service providers to monitor and resolve delinquent mortgage accounts. With Solutions Manager, evaluates and approves loss mitigation options from third-party loan providers
- Communicates with other departments of the Credit Union to enhance member service and provide assistance as needed.
- Reviews, makes recommendations, and implements improvements in Solutions, BSA and fraud areas.
- Assists with creating, maintaining, and implementing collection, security and fraud, and BSA related procedures and policies.
- Monitors department performance with metrics, statistics and analysis and recommends adjustments as necessary
- Prepares statistical and operational reports as needed
- Maintains knowledge of laws and regulations affecting financial institutions policies and procedures
- Volunteers in various activities sponsored by UMCU within the University of Michigan and Ann Arbor communities; representing UMCU at events, internal or external meetings/trainings, team building or UMCU events. Onboarding new team members as needed.
- Maintains knowledge of and follows all credit union policies and procedures regarding BSA, OFAC, U.S. Patriot Act, Anti-Money Laundering, S.A.F.E Act, CFPB regulations and Customer Identification Program
- Other duties as assigned
- Associate's degree or equivalent; or 2 or more years of management experience, is preferred.
- Minimum of 2 years’ experience in a financial institution is preferred
- Proficient in Microsoft Office – Word, Excel, PowerPoint and Outlook
- Strong verbal and written communication skills
- Must be a team player and possess a high energy “can do” attitude
- The environment is typical of an office atmosphere. The noise level in the environment is usually moderate
- While performing the duties of this job, the team member is frequently required to sit; use hands to finger, handle, or feel; and talk or hear. The team member is required to stand, walk, and reach with hands and arms. The team member must occasionally lift and/or move up to 20 pounds. Specific vision abilities required by this job include close vision
About University of Michigan Credit Union
Sourced by ZipRecruiter
Industry
Commercial banking
Company size
51 - 200 Employees
Headquarters location
Ann Arbor, MI, US
Year founded
1954