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Bank Repossession Jobs in Indiana (NOW HIRING)

Public Service Credit Union

Collector

Fort Wayne, IN · On-site

$20.16 - $33.08/hr

We believe that banking should be people-focused, service-driven, and built on genuine ... Maintain accurate data for repossession log, bankruptcy files, charge-off list, etc. * Research ...

Public Service Credit Union

Collector

Fort Wayne, IN

$20.16 - $33.08/hr

We believe that banking should be people-focused, service-driven, and built on genuine ... Determine when to compromise and settle balances and when to initiate foreclosure or repossession ...

PSCU

Collector

Fort Wayne, IN · On-site

We believe that banking should be people-focused, service-driven, and built on genuine ... Determine when to compromise and settle balances and when to initiate foreclosure or repossession ...

900Work, LLC

Skip Representative

Indianapolis, IN · On-site

... repossession vendors to secure the client's collateral in accordance with client Service Level ... Minimum 1 year in either auto-finance, collections, banking, insurance or call center experience ...

Location Services

Skip Representative

Indianapolis, IN · On-site

... repossession vendors to secure the client's collateral in accordance client Service Level ... Minimum 1 year in either auto-finance, collections, banking, insurance or call center experience ...

Centra

VP Loss Prevention Solutions

Columbus, IN · On-site

... due loans, repossession, charge-off, or legal action as necessary. At Centra, we approach ... Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. * Oversees the ...

Centra

VP Loss Prevention Solutions

Columbus, IN

... due loans, repossession, charge-off, or legal action as necessary. At Centra, we approach ... Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. * Oversees the ...

All JobsBank Repossession JobsBank Repossession Jobs in Indiana

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.

How do I get into a repo job?

To get into a bank repossession job, candidates typically need a high school diploma or equivalent, along with knowledge of vehicle or asset recovery processes. Relevant skills include attention to detail, communication, and sometimes a valid driver’s license; some positions may require prior security or law enforcement experience. Entry often involves applying through financial institutions, repossession agencies, or specialized training programs, and may require background checks and licensing depending on the jurisdiction.

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 states require licensing or registration, and agents often receive on-the-job training or certification in repossession procedures and legal requirements.

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.

Do repossession agents make good money?

Repossessions agents, including those working in bank repossession, typically earn a combination of base pay and commissions, with salaries varying based on experience, location, and the complexity of cases. On average, they can make between $30,000 and $60,000 annually, with some experienced agents earning more through performance-based incentives. Skills in negotiation, driving, and understanding legal procedures are important 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.

Does repo work pay well?

Bank repossession jobs typically offer moderate pay that can vary based on experience, location, and the employer. These roles often involve physical work and require knowledge of vehicle identification and legal procedures, with compensation sometimes including commissions or bonuses for successful recoveries.
What are popular job titles related to Bank Repossession jobs in Indiana? For Bank Repossession jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Bank Repossession jobs in Indiana look for? The top searched job categories for Bank Repossession jobs in Indiana are:
Bank Repossession jobs near you
Infographic showing various Bank Repossession job openings in Indiana as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution.

Collector

Public Service Credit Union

Fort Wayne, IN • On-site

$20.16 - $33.08/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Job description

Collector
Public Service Credit Union - Fort Wayne, Indiana
About Public Service Credit Union - https://www.mypscu.com/apply-now/
Public Service Credit Union (PSCU) is Fort Wayne's oldest credit union, proudly serving our community with integrity, compassion, and commitment for nearly a century. We believe that banking should be people-focused, service-driven, and built on genuine relationships, because when our members succeed, we succeed. If you're passionate about helping people and want to grow your career in a supportive environment, PSCU is an awesome place to work!
Pay Range: $20.16-$33.08 per hour
Note: Compensation is based on skills and experience. The upper end of the range is intended for candidates with 10+ years of relevant experience in comparable roles.
Key Responsibilities
  • Monitor payments for late and/or delinquency status. Follow up on delinquent, high balance, and overdue credit balance accounts by phone and/or letter. Ensure professional interactions with members.
  • Respond to telephone calls regarding payment notices and delinquent accounts.
  • Contact high balance and/or delinquent members by telephone and mail to identify the reasons for balance or delinquency, and assist them in developing plans to bring accounts to a current status. Develop workout plans and collect overdue accounts wherever possible.
  • Contact co-signers and references regarding status of delinquent accounts.
  • Maintain a detailed written record of all communications made regarding delinquency.
  • Update files and system accounts via the credit union's delinquent loan recovery system.
  • Secure credit bureau reports. Skip trace on loan accounts. Maintain accurate data for repossession log, bankruptcy files, charge-off list, etc.
  • Research payroll deductions, stops, starts, and changes as they may affect the status of a loan repayment.
  • Assist members with delinquent real-estate loans to resolve delinquency.
  • Determine when to compromise and settle balances and when to initiate foreclosure or repossession proceedings.
  • Determine when loan collateral should be repossessed, and serve as liaison with attorneys or agencies in handling repossession of collateral.
  • File all claims, attend hearings, and coordinate with trustees for all bankruptcy filings. Follow all procedures in relation to bankrupt accounts.
  • Investigate and correct discrepancies in loan applications.
  • Prepare information needed or required by collection agency, and post receipts from collection agency. Correspond with attorneys regarding accounts that have been sent out for legal.
  • Complete all necessary reports.
  • Recommend loans and share for charge-off and charge-off according to CU policy.
  • Track property taxes due on mortgages and contact members to ensure property taxes are paid current.

Education, Knowledge and Experience Requirements
  • High School Diploma or equivalent required
  • 1-2 years of collections experience, required
  • Comfort using technology and digital tools, required
  • Experience with cash handling or basic financial transactions, required
  • Experience in financial services industry, preferred

Employee Benefits
  • Medical, Dental, and Vision insurance
  • Group life insurance
  • 401(k) with employer match
  • Paid time off + paid holidays
  • Staff celebrations, rewards, and incentives
  • Career development, training programs, and advancement opportunities
  • A positive, mission-driven workplace culture

Why Join PSCU?
We think Public Service Credit Union is an awesome place to work! As Fort Wayne's oldest credit union, we have a long history and love for serving the Fort Wayne community!

Apply