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Bank Repo Jobs (NOW HIRING)

$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 ...

$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 ...

$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 ...

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Showing results 1-20

Bank Repo information

See salary details

$28.5K

$50.9K

$94.5K

How much do bank repo jobs pay per year?

As of Jun 28, 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 the volume of repossessions they handle. Compensation may include hourly pay, commissions, or bonuses, but overall earnings are generally moderate and depend on the number of successful recoveries and the employer's pay structure.

What jobs pay 2000 a day?

High-paying jobs that can reach $2,000 a day often include roles such as specialized surgeons, anesthesiologists, corporate lawyers, and certain high-level consultants or traders. These positions typically require advanced education, certifications, significant experience, and often involve high-stakes environments or specialized skills. Income levels vary based on industry, location, and individual performance.

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.

How do I get a job as a repo man?

To become a repo man, you typically need a high school diploma or equivalent, a valid driver's license, and a clean driving record. Some employers may require a background check and training in repossession procedures, and knowledge of local laws is important for legal compliance.

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.

What jobs pay $10,000 a month without a degree?

A bank repo specialist typically earns less than $10,000 monthly, but high-paying roles without a degree include sales managers, real estate brokers, commercial pilots, and certain tech sales positions. These jobs often require experience, strong communication skills, or industry-specific certifications rather than formal degrees.
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:
Infographic showing various Bank Repo job openings in the United States as of June 2026, with employment types broken down into 25% Full Time, 50% Temporary, and 25% Contract. Highlights an 84% Physical, 6% Hybrid, and 10% Remote job distribution, with an average salary of $50,903 per year, or $24.5 per hour.
Associate Director, Structured Credit Repo Trader

Associate Director, Structured Credit Repo Trader

Scotiabank

Manhattan, NY • On-site

Full-time

Posted 17 days ago


Job description

Requisition ID: 264617
Salary Range: 155,000.00 - 225,000.00
Please note that the Salary Range shown is a guideline only. Salary offered may vary based on factors, including, but not limited to, the successful candidate's relevant knowledge, skills, and experience.
Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture.
Associate / Associate Director, Structured Credit Repo Trader
Global Banking and Markets
Global Banking and Markets (GBM) is a leading Canadian Capital Markets and Investment Banking business with a growing platform in the US and Latin America, operating globally for over 100 years. Scotiabank's strong U.S. presence provides our clients an important bridge to this key global market for trade and investment flows across the Americas and the world.
Global Banking & Markets provides a full range of investment banking, credit and risk management products and services relevant to the financing and strategic development needs of our clients. Our products include debt and equity financing, mergers & acquisitions, corporate banking, institutional equity sales, trading and research, fixed income products, derivatives, energy, foreign exchange and precious & metals. We also cross-sell the full range of wholesale products and services offered by the Scotiabank Group.
Be part of an innovative, Global Capital Markets and Investment Banking business with a unique geographic footprint that puts capital to work for our clients across industries! We work together to drive ambition for every future!
Purpose
Scotiabank's Repo business operates within the Global Financing division, alongside Prime Services and FCM. Supported by dedicated teams in London, Dublin, New York, and Toronto, it is a growing, client-focused business committed to building strategic partnerships that align with the bank's broader objectives. This role supports the global sales and trading activities of the repo business across structured credit products, including Collateralized Loan Obligations (CLOs), Asset-Backed Securities (ABS), Commercial Mortgage-Backed Securities (CMBS), and Residential Mortgage-Backed Securities (RMBS). The position requires direct, hands-on experience with these products, as deep technical expertise is essential to engaging effectively with both internal partners and external clients.
Key Objectives
  • Trade & risk management: Price, execute, and manage repo risk across securitized product clients.
  • Client engagement: Evaluate and deliver tailored repo opportunities to a diverse client base.
  • Stakeholder partnership: Maintain strong working relationships with internal market risk and counterparty credit risk teams.
  • Product growth: Contribute to strategic projects that expand the repo product suite and capabilities.

Responsibilities
  • Daily pricing of repo trades across the securitized product spectrum.
  • Active monitoring of the repo portfolio, ensuring risk and return remain aligned with mandates.
  • Identify opportunities to optimize and enhance returns, improve liquidity, and manage balance sheet usage.
  • Cross-team collaboration with senior traders, the broader repo desk, and secondary sales teams.
  • Provide market insights and timely views on dynamics, liquidity conditions, and pricing trends.
  • Focus on enhancing infrastructure by supporting the development of internal analytics and tools

Skills & Experience
  • Product expertise: 2+ year experience directly in CMBS, RMBS, ABS, and CLO products
  • Client network: Established client and market relationships and a proven track record in client-facing trading.
  • Analytical rigor: Strong quantitative, modelling, and problem-solving skills.
  • Technical fluency: Familiarity with structured credit vendors, tools, pricing platforms, and risk systems.

Interested?
At Scotiabank, every employee is empowered to reach their fullest potential, respected for who they are and, embraced for their differences. That's why we work to grow and diversify talent and engage employees in a performance-oriented culture.
What's in it for you?
Scotiabank wants you to be able to bring your best self to work - and life, every day. With a focus on holistic well-being, our many flexible benefit programs are designed to help support your unique family, financial, physical, mental, and social health needs.
Location(s): United States : New York : New York City
Scotiabank is a leading bank in the Americas. Guided by our purpose: "for every future", we help our customers, their families and their communities achieve success through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets.
At Scotiabank, we value the unique skills and experiences each individual brings to the Bank, and are committed to creating and maintaining an inclusive and accessible environment for everyone. If you require accommodation (including, but not limited to, an accessible interview site, alternate format documents, ASL Interpreter, or Assistive Technology) during the recruitment and selection process, please let our Recruitment team know. If you require technical assistance, please click here. Candidates must apply directly online to be considered for this role. We thank all applicants for their interest in a career at Scotiabank; however, only those candidates who are selected for an interview will be contacted.
Scotiabank is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by federal, state, or local law.