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Banking Collection Recovery Specialist Jobs (NOW HIRING)

Beginnings Credit Union

Asset Recovery Specialist

Ithaca, NY · On-site

$22 - $23.50/hr

Make outbound collection calls to assigned delinquent accounts. Correspond with members via letters ... Experience in legal or banking fields a plus. * Minimum of a high school education or GED. * Strong ...

The Fedcap Group

Recovery Specialist II

Portsmouth, NH · On-site

$21 - $23/hr

This position will also support the required data collection, metrics tracking and reporting, along with continued quality improvements. The Recovery Specialist II will also facilitate group and ...

Fedcap

Recovery Specialist II

Portsmouth, NH · On-site

$21 - $23/hr

This position will also support the required data collection, metrics tracking and reporting, along with continued quality improvements. The Recovery Specialist II will also facilitate group and ...

The Fedcap Group

Recovery Specialist II

Portsmouth, NH

$21 - $23/hr

This position will also support the required data collection, metrics tracking and reporting, along with continued quality improvements. The Recovery Specialist II will also facilitate group and ...

Five Star Bank

Loan Recovery Specialist

Rochester, NY · On-site

$24 - $31/hr

Banking, Credit Union, Collection Experience, Underwriting Competencies : * Knowledge of all ... The Consumer Loan Workout Specialist may be required to perform other duties as assigned.The ...

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As of Sep 9, 2026, the average hourly pay for banking collection recovery specialist in the United States is $21.46, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $24.04 per hour, depending on experience, location, and employer.

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Infographic showing various Banking Collection Recovery Specialist job openings in the United States as of August 2026, with employment types broken down into 84% Full Time, 13% Part Time, and 3% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $44,646 per year, or $21.5 per hour.

Asset Recovery Specialist

Ithaca, NY • On-site

Beginnings Credit Union
See more jobs at Beginnings Credit Unionexternal

$22 - $23.50/hr

Full-time

Posted 23 days ago

Job description

Description

Beginnings Credit Union (Beginnings) is seeking a detail-oriented and self-motivated Asset Recovery Specialist to join the Asset Recovery department. The ideal candidate will preserve the credit union's assets by controlling delinquent loan accounts, collecting delinquent loan payments and/or recovering collateral. The position requires excellent communications skills, the ability to negotiate with a high degree of tact and ability to build trust. The ideal candidate will be self-motivated, detail-oriented and possess strong problem-solving skills.


Job Responsibilities

  • Make outbound collection calls to assigned delinquent accounts. Correspond with members via letters and emails to encourage payment of assigned delinquent accounts.
  • Take inbound calls from members that need assistance with making payments or in need of making payment arrangements.
  • Motivate/influence members to bring their loans current by negotiating a re-payment and obtaining promises to pay.
  • Provide timely follow-up on promise to pay and payment commitment accounts to ensure a positive resolution and member satisfaction.
  • Meet monthly collection goals as assigned by management.
  • Evaluate, assign, and maintain repossession and foreclosure accounts.
  • Analyze members financial situation to provide delinquency "work out" plans, bringing the delinquent accounts current in the fastest, most efficient manner possible.
  • Prepare and/or process documents and information received from members for a loan workout; review for accuracy and completeness; update information as needed and submit request for approval.
  • Maintain accurate notes for files and reports on collections activity.
  • Review and suggest accounts for charge off to management.
  • Respond to questions from members, colleagues, and management.
  • Informs management of trends in loan underwriting contributing to delinquent/charged off loans.
  • Performs other job-related duties as assigned.

Requirements

  • One to three years of collections or similar experience. Experience in legal or banking fields a plus.
  • Minimum of a high school education or GED.
  • Strong organizational abilities.
  • Knowledge of Excel software.
  • Ability to multi-task.
  • Excellent verbal and written communication skills.
  • Ability to negotiate with a high degree of tact and ability to build trust.

Equal Employment Opportunity


Equal employment opportunity has been and will continue to be a basic principle at the Credit Union. Beginnings provides equal employment opportunities, without discrimination because of race, color, religion, creed, sex, sexual orientation, gender identity or expression, pregnancy, marital status, age, national origin, citizenship, handicap or disability, veteran or military status, political beliefs, victim of domestic violence status, familial status, or predisposing genetic characteristics or status, or any other status protected by federal, state, local or other law. This policy includes, but is not limited to recruitment, hiring, compensation, training, and apprenticeship, promotion, upgrading, demotion, downgrading, transfer, lay-off and termination, and all other terms and conditions of employment.


 Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time. 


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