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Collateral Specialist

Johnson City, TN · On-site

$18 - $20/hr

Initiates and monitors the collateral recovery process and related documentation. * Determines whether a system or function is operating according to organizational and industry procedures and ...

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$18

$28

$48

How much do collateral recovery jobs pay per hour?

As of Jun 7, 2026, the average hourly pay for collateral recovery in the United States is $28.70, according to ZipRecruiter salary data. Most workers in this role earn between $19.23 and $38.46 per hour, depending on experience, location, and employer.

What are some typical challenges faced by professionals in Collateral Recovery, and how can they effectively address these situations?

Professionals in Collateral Recovery often encounter challenges such as dealing with evasive debtors, working in unpredictable environments, and managing stressful interactions. To address these situations, it's important to maintain strong communication skills, adhere strictly to legal and ethical guidelines, and remain calm under pressure. Building rapport with debtors and collaborating closely with team members and legal counsel can help ensure safe and successful recoveries. Continuous training and staying updated on industry regulations also contribute to effective problem-solving in the field.

What is the difference between Collateral Recovery vs Repo Agent?

AspectCollateral RecoveryRepo Agent
CredentialsTypically requires repossession training, sometimes licensingRequires repossession training, licensing varies by state
Work EnvironmentFieldwork involving vehicle or asset retrievalFieldwork involving vehicle or asset retrieval
Industry UsageUsed in finance, lending, and collateral managementCommonly used in auto finance and leasing
Search & Comparison IntentOften compared for repossession roles in financeOften compared with collateral recovery roles

Collateral Recovery and Repo Agent roles both involve retrieving assets like vehicles or equipment. While they share similar credentials and work environments, collateral recovery often encompasses broader asset types and may involve more complex recovery processes. Both roles are vital in finance and lending industries, with overlapping skills and responsibilities.

What is collateral recovery?

Collateral recovery is the process of reclaiming property or assets that have been used as collateral for a loan when the borrower defaults on their payments. This often involves repossessing items like vehicles, boats, or equipment to satisfy the terms of a loan agreement. Collateral recovery agents work on behalf of lenders or financial institutions to locate, secure, and return these assets in accordance with state and federal laws. Their work helps protect lenders from losses due to unpaid loans. The process must be handled professionally and legally to avoid liability or conflicts.

What are the key skills and qualifications needed to thrive as a Collateral Recovery Agent, and why are they important?

To thrive as a Collateral Recovery Agent, you need a thorough understanding of repossession laws, investigative skills, and often a high school diploma or equivalent. Familiarity with skip tracing software, GPS tracking systems, and sometimes state-issued recovery agent licenses are typically required. Strong interpersonal skills, discretion, and conflict resolution abilities help agents handle tense situations professionally. These skills are crucial for ensuring the safe, legal, and efficient recovery of collateral while minimizing risk and maintaining compliance.
More about Collateral Recovery jobs
What cities are hiring for Collateral Recovery jobs? Cities with the most Collateral Recovery job openings:
What states have the most Collateral Recovery jobs? States with the most job openings for Collateral Recovery jobs include:
What job categories do people searching Collateral Recovery jobs look for? The top searched job categories for Collateral Recovery jobs are:
Collateral Recovery jobs near you
Infographic showing various Collateral Recovery job openings in the United States as of May 2026, with employment types broken down into 3% As Needed, 72% Full Time, and 25% Part Time. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $59,693 per year, or $28.7 per hour.
Lot Attendant / Post Recovery Specialist - San Antonio

Lot Attendant / Post Recovery Specialist - San Antonio

Collateral Recovery Team LLC

San Antonio, TX • On-site

Full-time

Posted 8 days ago

Job description

Salary: $16-$20 Per Hour

Lot Attendant / Property Processing Specialist


Collateral Recovery Team is seeking dependable, motivated individuals to join our team in a critical support role within our recovery operations. This position plays a key part in ensuring recovered vehicles, personal property, and lot operations are handled accurately, professionally, and in compliance per company procedures. No prior experience is required We will train the right candidate.


This is a hands-on role that includes bothoutdoor physical work and indoor administrative tasks using a mobile app and computer system.

Key Responsibilities

  • Remove personal property from recovered vehicles in a careful and professional manner
  • Properly bag, tag, document, and store all personal property according to company procedures
  • Photograph recovered vehicles and complete condition reports using a company-provided app
  • Organize and maintain inventory of vehicles within the lot
  • Conduct routine audits to ensure accuracy of vehicle and property records
  • Assist with moving vehicles to designated storage or redemption areas
  • Maintain cleanliness, organization, and safety of the lot and storage areas
  • Follow detailed instructions and comply with all company policies and procedures

Work Environment

  • Combination of outdoor work in various weather conditions and indoor computer-based tasks
  • Use of mobile devices and basic software applications for documentation and reporting

Requirements

  • Must be punctual, reliable, and dependable
  • Must have reliable transportation (personal vehicle required)
  • Ability to work outdoors in various weather conditions
  • Ability to lift and carry up to 50 lbs regularly
  • Organized, detail-oriented, and able to work independently without micromanagement
  • Strong work ethic and ability to handle a fast-paced environment
  • Professional communication skills; must be able to speak with customers respectfully
  • Basic computer and mobile app proficiency
  • Flexibility to work overtime or adjust schedules on short notice
  • Clean, professional appearance
  • No smoking permitted in or around company facilities
  • Bilingual (Spanish) is a plus, but not required


Why Join Collateral Recovery Team?

Collateral Recovery Team is a growing, forward-thinking company committed to improving standards in the collateral recovery industry. We offer stable work, hands-on training, and opportunities to grow within our organization.


***Please keep in mind this position has many task and duties that may not all be listed here. Typically, this role will have multiple people sharing these duties.