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Bank Repossession Jobs (NOW HIRING)

Assists leadership with repossession duties as assigned. SCHEDULE: Monday-Friday, 8-5. On-site at ... Prevent further bank loss by avoiding charge offs and repossessions. * Receive bankruptcy notices ...

Loan Collector

Taunton, MA · On-site

$19.38 - $25.55/hr

Assists in the submission and follow up on vehicle VSI damage, GAP insurance, warranty, and repossession fee claims. * Updates bank records regarding collection actions with a high degree of accuracy.

Assists with the management, servicing and liquidation of the Bank's OREO assets. Assists all lenders in the repossession and liquidation of personal property. Adheres to all loan policies with ...

Assists with the management, servicing and liquidation of the Bank's OREO assets. Assists all lenders in the repossession and liquidation of personal property. Adheres to all loan policies with ...

Assists with the management, servicing and liquidation of the Bank's OREO assets. Assists all lenders in the repossession and liquidation of personal property. Adheres to all loan policies with ...

Assists with the management, servicing and liquidation of the Bank's OREO assets. Assists all lenders in the repossession and liquidation of personal property. Adheres to all loan policies with ...

Assists with the management, servicing and liquidation of the Bank's OREO assets. Assists all lenders in the repossession and liquidation of personal property. Adheres to all loan policies with ...

Collector I

Lenoir City, TN · On-site

$37K - $45K/yr

... repossession process when needed. * Account Research : Investigate customer accounts for payment corrections, late fees, and misapplied payments. * Policy Adherence: Follow all United Community Bank ...

... repossession process when needed. * Account Research : Investigate customer accounts for payment corrections, late fees, and misapplied payments. * Policy Adherence: Follow all United Community Bank ...

Collector I

Lenoir City, TN · On-site

$37K - $67K/yr

... repossession process when needed. * Account Research : Investigate customer accounts for payment corrections, late fees, and misapplied payments. * Policy Adherence: Follow all United Community Bank ...

Personal Banker

Waverly, IA · On-site

$17.75 - $21.75/hr

... repossession, knowing the process and timing of cure notices for loan. Other: * Responsible for ensuring customer service is provided in a high-quality manner. * As part of our overall team of bank ...

Personal Banker

Waverly, IA · On-site

$17.75 - $21.75/hr

... repossession, knowing the process and timing of cure notices for loan. Other: * Responsible for ensuring customer service is provided in a high-quality manner. * As part of our overall team of bank ...

Collections Specialist

Durham, NC · On-site

$18 - $24.25/hr

... Bank guidelines, - The repossession of collateral on delinquent loans as prescribed by management policy, - The strategy and procedure for handling Chapters 7, 11, and 13 bankruptcies. • Plan ...

... repossession, and coordinating repossession/foreclosure efforts with the appropriate vendors ... of the security programs of the bank. * Assist with the administration of guaranty loan ...

... repossession, and coordinating repossession/foreclosure efforts with the appropriate vendors ... of the security programs of the bank. * Assist with the administration of guaranty loan ...

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Bank Repossession information

What is the difference between Bank Repossession vs Auto Appraiser?

AspectBank RepossessionAuto Appraiser
Required CredentialsRepossessors often need a license or certification, knowledge of legal proceduresAppraisers typically require certifications like ASA or state licensing, knowledge of vehicle valuation
Work EnvironmentFieldwork, often on-site at repossession locations or vehiclesOffice-based, inspecting vehicles and preparing appraisal reports
Industry UsageUsed by banks, lenders, and repossession agenciesUsed by insurance companies, dealerships, and auction houses

While both roles involve vehicles, Bank Repossession focuses on recovering collateral for lenders, often requiring legal and fieldwork skills. Auto Appraisers evaluate vehicle value for insurance or sale purposes, mainly working in office settings. Both roles are essential in the automotive and financial industries but serve different functions.

What jobs pay 2000 a day?

High-paying jobs related to bank repossession typically include roles such as senior repossession agents, asset recovery managers, or specialized legal professionals, which can sometimes earn around $2,000 per day depending on experience, location, and case complexity. These positions often require extensive industry knowledge, certifications, and a strong understanding of collateral and legal processes. Such earnings are usually associated with freelance, commission-based, or highly experienced roles in the field of asset recovery and repossession management.

What are some common challenges faced by professionals working in bank repossession, and how can they be managed?

Professionals in bank repossession often encounter challenges such as dealing with emotionally charged situations, navigating complex legal requirements, and ensuring safety during the recovery process. Managing these challenges requires strong communication skills, up-to-date knowledge of relevant laws and regulations, and adherence to strict ethical guidelines. Many teams rely on thorough training, clear protocols, and collaboration with legal and security experts to ensure repossessions are handled effectively and respectfully.

What are bank repossession jobs?

Bank repossession jobs involve recovering property, such as cars, homes, or equipment, that borrowers have failed to pay for according to loan agreements. Professionals in this field, often called repossession agents or recovery agents, locate and reclaim assets on behalf of banks or financial institutions. Their work requires knowledge of state and federal laws, negotiation skills, and sometimes coordination with law enforcement. These jobs can be physically demanding and may involve dealing with stressful or confrontational situations. Many repossession agents work for specialized recovery companies contracted by banks.

How to become a licensed repossession agent?

To become a licensed repossession agent, you typically need to complete a state-specific training program, pass a background check, and obtain a license or certification from the relevant state authority. Some states also require a surety bond or insurance and adherence to federal and state regulations governing repossession activities. Gaining experience in law enforcement or security can be beneficial, and knowledge of legal procedures and communication skills are important for success in this role.

What are the key skills and qualifications needed to thrive as a Bank Repossession Agent, and why are they important?

To thrive as a Bank Repossession Agent, you generally need knowledge of repossession laws, negotiation skills, and a clean driving record, often supported by a high school diploma or equivalent. Familiarity with skip tracing tools, asset tracking software, and repossession management systems is typically required. Strong communication, conflict resolution, and discretion are essential soft skills for dealing with debtors and sensitive situations. These skills ensure lawful, safe, and effective recovery of assets while maintaining professionalism and compliance with regulations.

How do repossession companies get paid?

Repossession companies typically get paid through a fee charged to the lender or financial institution for each vehicle they recover. The fee can be a flat rate or a percentage of the vehicle's value, and payment is usually made after successful recovery and documentation of the vehicle. Some companies also charge additional fees for storage or administrative costs.

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 require specialized training or licensing, and knowledge of local laws and repossession procedures is important. Gaining experience in security, law enforcement, or automotive recovery can also be beneficial.
More about Bank Repossession jobs
What cities are hiring for Bank Repossession jobs? Cities with the most Bank Repossession job openings:
What are the most commonly searched types of Bank Repossession jobs? The most popular types of Bank Repossession jobs are:
What states have the most Bank Repossession jobs? States with the most job openings for Bank Repossession jobs include:
Infographic showing various Bank Repossession job openings in the United States as of June 2026, with employment types broken down into 67% Full Time, and 33% Contract. Highlights an 100% In-person job distribution.
Repossession Seasoned Investigator

Repossession Seasoned Investigator

CrankyApe.com

Hastings, MN • Remote

$45K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago


Job description

Matrix Repossession Seasoned Investigator
Matrix Recovery Service is seeking an Investigator to manage the skip tracing and implementation processes for aged, cold-case bank repossession files. This individual will also engage with external contractors and stakeholders to ensure timely completion of investigation activities and proactively facilitate the communication to the client with information, obstacles, or recommendations. Throughout the execution of these responsibilities, they will set and uphold rigorous standards for conducting investigations and preparing related reports.
Responsibilities:
  • Manages the investigation functions and practices to ensure adherence to local, federal, and state statutory, regulatory, and policy requirements (FDCPA, CFPB).
  • Manages specific files provided to them and develops necessary investigation process to ensure implementation of timely, thorough updates on the process.
  • Develops an investigation strategy and approach to ensure investigations are completed in accordance with established rubrics, timelines and quality standards.
  • Collaborates extensively with client, partners, contractors, and stakeholders
Important employment details:
  • This role is 100% remote.
  • Work for this role is expected to be full-time (approximately 40 hours per week).
Position Requirements:
  • Minimum of ten (10) years’ experience as a skip tracer/investigator.
  • Knowledge of methods to locate people and property.
  • Understanding of the repossession/transportation/remarketing industries is a plus.
  • Organized, detail-oriented and self-motivated.
  • Excellent written and verbal communication skills.
  • Deep skillset within Microsoft Office Suite, computer programs, applications, and databases.
Preferred
  • Bilingual/Spanish speaking preferred.
Hours of Operation
  • Full-time, Remote
  • Monday through Friday from 8:30AM to 5:00PM
Benefits Available
  • Medical, dental, vision, life insurance, voluntary life insurance, critical illness, accident, short-term disability, long-term disability, flexible spending account amp; HSA
  • 401(k) with employer match
  • Paid time off
  • Paid holidays
  • This is a commission eligible position
About Matrix
Matrix is a division of Midwest Recreational Clearinghouse, LLC and a premier online auction house based out of Hastings, MN. Midwest Recreational Clearinghouse, LLC is an Equal Opportunity Employer. Midwest Recreational Clearinghouse, LLC does not discriminate based on race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate laws. All employment is at-will and based on qualifications, merit, and business needs.
We do not sponsor visas.
No third-party vendors.