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Collateral Recovery Specialist Jobs (NOW HIRING)

LP Finance

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Collateral Specialist

Johnson City, TN · On-site

$18 - $20/hr

The Loan Servicer/Collateral Specialist will assist with servicing activities of current or ... Initiates and monitors the collateral recovery process and related documentation. * Determines ...

NADAP

MWRAP Recovery Specialist

Manhattan, NY · On-site

$50K/yr

The Recovery Specialist delivers person-centered, hands-on recovery support to pregnant and ... collateral contacts. * Utilize a trauma-informed approach to promote clients' right to self ...

NADAP

MWRAP Recovery Specialist

Manhattan, NY · On-site

$50K/yr

The Recovery Specialist delivers person-centered, hands-on recovery support to pregnant and ... collateral contacts. * Utilize a trauma-informed approach to promote clients' right to self ...

NADAP

MWRAP Recovery Specialist

Manhattan, NY · On-site

$50K/yr

The Recovery Specialist delivers person-centered, hands-on recovery support to pregnant and ... collateral contacts. * Utilize a trauma-informed approach to promote clients' right to self ...

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Collateral Recovery Specialist information

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$18

$28

$48

How much do collateral recovery specialist jobs pay per hour?

As of Aug 27, 2026, the average hourly pay for collateral recovery specialist 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 is a collateral recovery specialist?

Collateral Recovery Specialists are professionals responsible for locating, repossessing, and securing assets—such as vehicles or equipment—that serve as collateral for loans when borrowers default on payments. They often work on behalf of banks, credit unions, or other lending institutions to recover property in a legal and safe manner. Their duties include investigating asset locations, negotiating with borrowers, and ensuring proper documentation is completed. The role requires knowledge of state and federal laws regarding repossession and strong communication skills.

What are the key skills and qualifications needed to thrive as a collateral recovery specialist?

To thrive as a Collateral Recovery Specialist, you need a solid understanding of repossession laws, investigative techniques, and a valid driver's license, often supported by experience in asset recovery or security. Familiarity with skip tracing software, GPS tracking systems, and compliance management tools is typically required. Strong communication, problem-solving abilities, and conflict resolution skills help professionals navigate sensitive situations and interact professionally with clients and debtors. These skills and tools are vital for efficiently recovering assets while ensuring legal compliance and minimizing confrontation.

What are some common challenges faced by collateral recovery specialists, and how can they be addressed?

Collateral Recovery Specialists often encounter challenges such as locating hard-to-find assets, dealing with uncooperative clients, and managing high-stress situations. Success in this role requires strong investigative skills, persistence, and effective communication. Building positive relationships with clients and colleagues, staying organized, and following all legal and company procedures can help specialists overcome these challenges. Additionally, ongoing training and mentorship within the team can provide valuable support and insight.

What is the difference between Collateral Recovery Specialist vs Repo Agent?

AspectCollateral Recovery SpecialistRepo Agent
CertificationsOften requires repossession or recovery certificationsTypically requires similar recovery certifications
Work EnvironmentFieldwork involving vehicle or asset repossessionFieldwork involving vehicle or asset repossession
Industry UsageUsed in finance, lending, and leasing industriesCommonly used in auto finance and leasing
Search IntentPeople compare these roles for repossession tasksPeople look for differences in repossession roles

Both roles involve asset repossession, often requiring similar certifications and working in the finance industry. The main difference lies in terminology; 'Collateral Recovery Specialist' is a broader term, while 'Repo Agent' is more specific to auto repossession. Understanding these distinctions helps job seekers and employers find the right fit for repossession tasks.

More about Collateral Recovery Specialist jobs

What states have the most Collateral Recovery Specialist jobs?

States with the most job openings for Collateral Recovery Specialist jobs include:

What job categories do people searching Collateral Recovery Specialist jobs look for?

The top searched job categories for Collateral Recovery Specialist jobs are:

Collateral Recovery Specialist jobs near you
Infographic showing various Collateral Recovery Specialist job openings in the United States as of August 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 78% Physical, 2% Hybrid, and 20% Remote job distribution, with an average salary of $59,693 per year, or $28.7 per hour.

Lot Attendant / Post Recovery Specialist - Austin

Collateral Recovery Team LLC

Austin, TX • On-site

$16 - $20/hr

Full-time

Re-posted 2 days ago

Job description

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 both outdoor 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.