ZipRecruiter

Log In

1

Bank Repossession Jobs in Wisconsin (NOW HIRING)

Marine Credit Union

Collections Representative

Racine, WI

$16 - $20.75/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

Collections Representative

Pewaukee, WI

$16.75 - $21.50/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

Collections Representative

Madison, WI

$17.25 - $22.25/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

WI

$15.25 - $19.75/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

WI

$15.25 - $19.75/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

WI

$15.25 - $19.75/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

Collections Representative

Kenosha, WI

$16.50 - $21.50/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

WI

$15.25 - $19.75/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

WI

$15.25 - $19.75/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

WI

$15.25 - $19.75/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

Collections Representative

Beloit, WI

$16.75 - $21.50/hr

Minimum of 1 year knowledge of effective Collection experience preferred including repossession, judgement, and garnishment, preferably in a credit union or retail bank. Experience working in a ...

Marine Credit Union

Collections Representative

La Crosse, WI · On-site

$16.75 - $21.50/hr

... repossession, judgement, and garnishment, preferably in a credit union or retail bank. • Experience working in a process-oriented environment with importance placed on attention to detail. • ...

Northwestern Mutual

Loan Team Manager

Milwaukee, WI · On-site

$80K - $121K/yr

... repossession of collateral. * Recommends changes in work procedures to improve efficiency within ... Skills Banking Regulations & Compliance (NM) - Expert, Banking Acumen (NM) - Expert, Strategic ...

All JobsBank Repossession JobsBank Repossession Jobs in Wisconsin

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 Wisconsin? For Bank Repossession jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Bank Repossession jobs in Wisconsin look for? The top searched job categories for Bank Repossession jobs in Wisconsin are:
Bank Repossession jobs near you
Collections Representative

Collections Representative

Marine Credit Union

Racine, WI

$16 - $20.75/hr

Full-time

Posted 19 days ago

Job description

Responsible for daily contact of past due MCU relationships, with a focus on problem resolution, minimizing
losses and maximizing relationships for Marine Credit Union. CDRs must ensure a high level of service to
our members and adhere to strict compliance with Federal and State laws and regulations relating to credit
and collections.
Duties and Responsibilities:
Contact daily assigned collection routes and continue until worked to completing.
Document relationships and problem resolutions using the quality collection principles.
Develop and implements strategies to fully resolve past due balances.
Research and skip trace of past due members to make contact.
Strict adherence to all regulatory and legal compliance with Federal and State credit and collection laws.
Identify delinquent accounts and establish priorities for taking action to repossess, foreclose, and take
possession of collateral security to reduce losses.
Mail legal documents and notices in compliance with state and federal regulations
Audit repossession documents for completeness and accuracy and identify trends and issues.
Monitor bankruptcy payments and initiate modification according to MCU policy & procedures.
Effectively liaise with regional, district and branch managers on collection activities.
Ensure each member is treated with dignity and respect and receives quality member service.
Represent MCU in litigation related to collection activities.
Other duties as assigned.
Knowledge, Skills, and Abilities:
In depth knowledge of current federal and state rules and regulations regarding credit and collection
activities.
Education and Experience:
Bachelor's Degree in business related field is preferred but not required.
Minimum of 1 year knowledge of effective Collection experience preferred including repossession,
judgement, and garnishment, preferably in a credit union or retail bank.
Experience working in a process-oriented environment with importance placed on attention to detail.
Previous consumer lending experience is a plus.
Physical Requirements (with or without accommodation):
Long periods of sitting will occur regularly.
Occasional lifting and/or moving 15 lbs or less.
Use of a computer and telephone required.
Occasional bending, stooping, or crouching may be required.
This job description is not a complete statement of all duties and responsibilities comprising this position.Employment Type: Full-Time

Apply