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Bank Repo Jobs (NOW HIRING)

Credit Agricole CIB

$130K - $160K/yr

By balance sheet size - The Banker, Juillet 2025 Reference 2026-110689 Update date 26/03/2026 Business type Types of Jobs - Others Job title GMD Non-Flow Credit Repo Trader, Associate Contract type ...

Credit Agricole CIB

$100K - $120K/yr

By balance sheet size - The Banker, Juillet 2025 Reference 2026-112996 Update date 01/06/2026 Business type Types of Jobs - Operations Job title Treasury and Repo Trading Support Middle Office ...

Credit Agricole CIB

$140K - $175K/yr

By balance sheet size - The Banker, Juillet 2025 Reference 2026-112577 Update date 18/05/2026 ... Repo Indexing in the Americas Contract type Permanent Contract Job summary Role Overview The ...

HSBC Global Services Limited

$14.25 - $18.75/hr

Pricing des produits Repo, Money Market Deposits et FX gérés par le desk * Mise en place d'outils ... Monitoring des P&L Banking et Trading (analyse des données, réconciliation quotidienne du P&L en ...

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All JobsBank Repo Jobs

Bank Repo information

See salary details

$28.5K

$50.9K

$94.5K

How much do bank repo jobs pay per year?

As of Jul 26, 2026, the average yearly pay for bank repo in the United States is $50,903.00, according to ZipRecruiter salary data. Most workers in this role earn between $40,000.00 and $55,000.00 per year, depending on experience, location, and employer.

Do repo agents make a lot of money?

Repo agents, also known as repossession agents, typically earn wages that vary based on experience, location, and employer. They may receive hourly pay or commissions, with some earning additional bonuses for successful recoveries, but overall income levels are generally moderate compared to other law enforcement or recovery roles.

How do I become a repossession agent?

To become a repossession agent, you typically need a high school diploma or equivalent, a valid driver's license, and a clean driving record. Many employers require completion of specialized training or certification in repossession procedures and adherence to legal regulations. Experience in law enforcement, security, or automotive recovery can be beneficial, and some states may have licensing requirements for repossession agents.

What are the typical work hours and environments for a Bank Repo agent?

Bank Repo agents often work irregular hours, including nights and weekends, since vehicle repossessions commonly occur when assets are most likely to be accessible. The role involves both office work (handling paperwork and asset tracking) and fieldwork, which may require driving to various locations, sometimes in challenging environmental conditions. Agents often work independently but may coordinate with law enforcement, lenders, or logistics teams to ensure safe and lawful repossession. The role requires adaptability and self-motivation, as daily responsibilities can vary depending on assignments and repossession schedules.

What is a Bank Repo job?

A Bank Repo job involves recovering vehicles or other assets from individuals who have defaulted on their loans. Repossession agents locate, secure, and transport the assets on behalf of banks or lending institutions. The job requires knowledge of repossession laws, strong negotiation skills, and attention to detail. Agents may work independently or for a repossession company, often during irregular hours.

What are the key skills and qualifications needed to thrive in the Bank Repo position, and why are they important?

To thrive as a Bank Repo agent, you need a solid understanding of repossession laws and procedures, basic automotive mechanics, and often a valid driver's license with a clean record. Familiarity with industry-specific software for tracking assets and managing documentation, as well as GPS and vehicle recovery tools, is typically required. Effective communication, conflict resolution, and discretion are crucial soft skills for handling sensitive situations with borrowers and collaborating with lenders. These skills and qualifications ensure successful, lawful asset recovery while maintaining professionalism and minimizing risk.

How do I get into a repo job?

To get into a repo job, candidates typically need relevant experience in finance, collections, or asset recovery, along with strong negotiation and communication skills. A background in finance, business, or law can be beneficial, and some roles may require certifications such as a debt collection license or related training. Gaining experience through entry-level positions or internships in financial services can also improve chances of entering the field.
More about Bank Repo jobs
What cities are hiring for Bank Repo jobs? Cities with the most Bank Repo job openings:
What states have the most Bank Repo jobs? States with the most job openings for Bank Repo jobs include:
What job categories do people searching Bank Repo jobs look for? The top searched job categories for Bank Repo jobs are:
Bank Repo jobs near you
Infographic showing various Bank Repo job openings in the United States as of July 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 93% Physical, 4% Hybrid, and 3% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.

Repo Collateral Management- Vice President

Sumitomo Mitsui Financial Group, Inc.

White Plains, NY • On-site

$118K - $170K/yr

Full-time

Posted 5 days ago

Job description

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.
In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.
The anticipated salary range for this role is between $118,000.00 and $170,000.00. The specific salary offered to an applicant will be based on their individual qualifications, experiences, and an analysis of the current compensation paid in their geography and the market for similar roles at the time of hire. The role may also be eligible for an annual discretionary incentive award. In addition to cash compensation, SMBC offers a competitive portfolio of benefits to its employees.
Role Description
The Repo Collateral Management - Vice President leads the firm's collateral management function for repurchase agreements, driving strategic initiatives while ensuring regulatory compliance. The VP oversees the team managing daily collateral operations, risk controls, and technology enhancements, partnering closely with Trading, Risk, Treasury, and Legal to support the firm's financing and liquidity objectives.
Role Objectives
Collateral Operations Oversight
• Oversee daily collateral margin calls, substitutions, and settlement for bilateral, tri-party and Sponsored Repo.
• Lead and help develop the Repo Collateral Management Team, setting goals, priorities and performance standards.
• Drive strategic initiatives to enhance collateral optimization, funding efficiency, and operational resilience.
• Collaborate with senior stakeholders across Treasury, Trading, Risk, Legal, and Technology to align collateral strategies with firm-wide objectives.
• Ensure robust controls and timely resolution of breaks, discrepancies, and settlement issues.
• Escalate discrepancies appropriately to the relevant internal and/or external parties.
• Assist in ad-hoc requests related to management and investigations of operational issues.
• Assist in monitoring process gaps and make recommendations on technological changes.
• Participation in projects & planning related to industry initiatives and operational efficiencies
• Experience managing cross-functional projects and driving change.
• Risk Management & Regulatory Compliance
• Ensure collateral management practices comply with regulatory requirements (e.g., SFTR, Basel III/IV, SEC rules).
• Oversee risk relating to collateral concentration, haircuts, margin requirements, and counterparty exposure.
Stakeholder Engagement & Communication
• Act as a liaison with external counterparties, custodians, clearing banks, and regulators.
• Communicate collateral risks and performance to senior management.
• Support new product launches and business initiatives requiring collateral expertise.
• Partner with Technology and Operations teams to enhance collateral management system capabilities.
Role Objectives
Stakeholder Engagement & Communication
• Act as a liaison with external counterparties, custodians, clearing banks, and regulators.
• Communicate collateral risks and performance to senior management.
• Support new product launches and business initiatives requiring collateral expertise.
• Partner with Technology and Operations teams to enhance collateral management system capabilities.
Technical Expertise
• Deep knowledge of repo markets, collateral types, financing structures, and tri-party platforms.
• Extensive experience with collateral management systems, clearing platforms, and regulatory frameworks.
• Strong understanding of margining, haircuts, eligibility rules, and settlement processes.
Communication & Interpersonal Skills
• Excellent verbal and communication skills, capable of influencing senior stakeholders.
• Ability to manage complex relationships with internal and external partners.
• Comfortable working in a fast-paced, dynamic environment.
• Excellent analytical skills with an eye for detail and exceptional time management skills.
• Adept at working and effectively collaborating with clients, operations, and technology teams.
• Strong problem-solving skills to deal with complexity and respond quickly to uncertainty.
• Advanced working knowledge of Microsoft Excel
Qualifications and Skills
  • 8+ years in repo collateral management or related financing roles, with leadership experience.
  • Bachelor's degree: Finance, Economics, Business, or related field; advanced degree preferred.
  • Experience in large financial institutions, investment banks, or asset managers.
  • Global collateral management experience.
  • Knowledge of securities lending and financing desks.
  • Familiarity with emerging regulations and market trends affecting collateral management.

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.
SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

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