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Bank Repossession Jobs (NOW HIRING)

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 ...

Liaise with lenders, legal teams, external collection agencies, and repossession agents. * Prepare periodic collection reports and performance updates. * Ensure compliance with banking regulations ...

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 ...

Loan Workout Officer

Trenton, IL · On-site

$75K - $100K/yr

Dieterich Bank is seeking a detail-oriented and analytical Loan Workout Officer to assist in the ... Familiarity with foreclosure, bankruptcy, repossession, and collection processes.Strong financial ...

Loan Workout Officer

Trenton, IL · On-site

$75K - $100K/yr

Dieterich Bank is seeking a detail-oriented and analytical Loan Workout Officer to assist in the ... Coordinate with internal and external legal counsel on foreclosure, replevin, repossession ...

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 ...

Collections Specialist

Johnson City, TN

$18 - $24.50/hr

... loans, repossession of collateral, management reporting, and other duties pertaining to the collection function. As a representative of the Bank, you are required to present a positive and ...

New

Conduct daily review of collection, repossession, and foreclosure activity reports across the core banking system and spreadsheets, identifying missed follow-ups and workflow bottlenecks and ...

Collections Specialist

Johnson City, TN · On-site

$18 - $24.50/hr

... loans, repossession of collateral, management reporting, and other duties pertaining to the collection function. As a representative of the Bank, you are required to present a positive and ...

Showing results 41-60

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 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 is a bank repossession?

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.

What are the key skills and qualifications needed to thrive as a bank repossession agent?

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.
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 August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 94% Physical, 3% Hybrid, and 3% Remote job distribution.

Collections Team Lead

Berkshire Bank

Manhattan, NY • On-site

$55K - $102K/yr

Full-time

Re-posted 23 days ago


Berkshire Bank rating

6.7

Company rating: 6.7 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

136th of 170 rated banks


Job description

Department: Eastern Funding
Reports to: Customer Svc & Collections Mgr
Status: Exempt
Grade: 10
Salary Range: $55,588 - $102,474
Actual compensation within the pay range will be determined based on factors including, but not limited to, skills, prior relevant experience, and specific work location.
Location: New York, NY
Purpose/Objective:
The Collections Team Leader provides day-to-day supervision and guidance to the Collections team while continuing to manage a portfolio of delinquent accounts. The Team Leader ensures that delinquency management processes are executed consistently, efficiently, and in compliance with internal procedures and legal standards. This role is instrumental in coaching team members, improving departmental workflow, and maintaining strong communication with other departments and leadership.
The Collections Team Leader leads by example, fosters a culture of accountability and professionalism, and serves as the primary point of escalation for complex or high-risk collection matters.
Key Accountabilities:
• Supervise and support daily activities of the Collections team to ensure timely and effective contact with delinquent accounts.
• Conduct routine account reviews and monitor aging reports to ensure appropriate action is being taken on all past due loans.
• Train new team members on policies, systems, and procedures; provide ongoing coaching and performance feedback to the team.
• Oversee follow-up on check and ACH bounces, ensuring that proper communication and resolution steps are taken.
• Review and approve 10-day past due letters and other customer communications for consistency and compliance.
• Serve as the liaison between the Collections team and other departments, including Legal, Loan Servicing, and Sales.
• Support the VP by preparing summaries of delinquent accounts, collections status updates, and action plans for problem loans.
• Coordinate and attend site visits for delinquent or repossession cases; ensure repossession activities are handled in line with company policy.
• Assist with loan workouts and recommend modifications or legal actions as needed.
• Support the in-house attorney in preparing default notices and assist in collections-related legal matters.
• Maintain accurate records of team activities, call logs, payment arrangements, and compliance documentation.
• Ensure team members adhere to BSA/AML compliance requirements and complete all required trainings.
• Participate in and help lead weekly collections meetings; escalate critical issues to the VP as necessary.
• Provide backup support for Collections Representatives during high-volume periods.
Education:
• High School Diploma required
• Bachelor's degree preferred
Experience:
• Minimum 3-5 years of collections experience in a commercial lending, banking or financial services environment
• Prior supervisory or team lead experience strongly preferred
Skills & Knowledge:
• Strong written and verbal communication skills, including negotiation and conflict resolution
• Ability to manage multiple priorities and deliver results in a fast-paced, deadline-driven environment
• Proficient in Microsoft Excel, Word, and TValue; knowledge of company's accounting software required
• Knowledge of repossession and legal collections processes is a plus
• Proven ability to coach others and contribute to a positive team culture
• High level of discretion and professionalism when handling sensitive account matters
Beacon Bank is an Equal Opportunity Employer - all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, or national origin. If you would like to contact us regarding the accessibility of our website, need assistance completing the application process, or would like to request alternative methods of applying, please contact us at hr@berkshirebank.com.

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