ZipRecruiter

Log In

1

Bank Repossession Jobs (NOW HIRING)

M&F Bank

Collections Specialist

Durham, NC

$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 ...

Farmers State Bank

Lending Officer

Quinton, OK · On-site

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

Berkshire Bank

Collections Specialist

Manhattan, NY · On-site

$20 - $28.90/hr

... and bank changes as required. * Create check spreadsheet for all incoming checks received by Customer Service. * Maintain the Eastern Funding used equipment list. * Maintain the repossession ...

Berkshire Bank

Collections Team Lead

Manhattan, NY · On-site

$55K - $102K/yr

... ensure repossession activities are handled in line with company policy. • Assist with loan ... banking or financial services environment • Prior supervisory or team lead experience strongly ...

Dieterich Bank

Special Assets Officer

Saint Louis, MO · On-site

$75K - $100K/yr

The position serves as a primary execution and support role within the bank's special assets ... Coordinate with internal and external legal counsel on foreclosure, replevin, repossession ...

Dacotah Banks

Special Assets Manager

Aberdeen, SD

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 ...

Dacotah Banks

Special Assets Manager

Jamestown, ND

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 ...

Dacotah Banks

Special Assets Manager

Fargo, ND · On-site

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 ...

Dieterich Bank

The position serves as a primary execution and support role within the bank's special assets ... Coordinate with internal and external legal counsel on foreclosure, replevin, repossession ...

Dieterich Bank

Special Assets Officer

Effingham, IL · On-site

$75K - $100K/yr

The position serves as a primary execution and support role within the bank's special assets ... Coordinate with internal and external legal counsel on foreclosure, replevin, repossession ...

next page

Showing results 1-20

All JobsBank Repossession Jobs

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:
What job categories do people searching Bank Repossession jobs look for? The top searched job categories for Bank Repossession jobs are:
Bank Repossession jobs near you
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.
Collections Specialist

Collections Specialist

M&F Bank

Durham, NC

$18 - $24.25/hr

Full-time

Posted 6 days ago

Job description

POSITION SUMMARY
Perform collection activities via phone, mail, electronic means and rarely in person in attempt to collect funds for delinquent debt. Collects payments on all real estate loans, and /or consumer loans and negative accounts. Works with customers to originate alternative repayment methods to prevent further legal collection activities.
GENERAL QUALIFICATIONS
Knowledge: High School or GED required. Basic math calculations. NMLS registration. Knowledge of state and federal banking loan regulations, to include Fair Lending.
Experience: Previous collection experience preferred.
Skills: Must have excellent oral and written communication skills. Attention to detail. Team player with strong interpersonal skills. Must be a quick learner and have the ability to multi-task.
FUNCTIONS
• Assure adherence to all of the policies set forth by management, and to comply with the regulations and guidelines of all state and federal regulatory authorities as related to credit and collections.
• Distribute listing of delinquent loans by officer approval code to the respective loan officers, and to work effectively with them during the initial efforts to collect past due loans.
• Communicate regularly and effectively with management, keeping them informed and participating in decisions related to:
- Valuation of potential loan losses for reserve purpose in accordance with 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, coordinate and handle the repossession of collateral as determined necessary, and to liquidate such collateral in the manner determined most appropriate.
• Attend bankruptcy hearings as determined necessary, in order to protect the interest of the Bank.
• Prepare accurate and timely problem loan reports
• Prepare timely and accurate weekly and monthly reports for management, to include listings of classified loans, recoveries on pas charge off loans, and current recommendations on loans to be charged off.
• Support the renewal, refinance, and modification of loans currently in the Bank’s portfolio.
• Participate in and lead bank meetings dealing with collection items.
.

Apply