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Collateral Recovery Specialist Jobs (NOW HIRING)

CAMPING COMPANIES INC

Repossession Agent

Las Vegas, NV · On-site

Recover collateral * Minimize risk through proper operation of equipment * Minimize liability by ... Successfully pass Certified Asset Recovery Specialist (CARS) exam Education & Training: * High ...

CAMPING COMPANIES INC

Repossession Agent

Denver, CO · On-site

Recover collateral * Minimize risk through proper operation of equipment * Minimize liability by ... Successfully pass Certified Asset Recovery Specialist (CARS) exam Education & Training: * High ...

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Collateral Recovery Specialist information

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$28

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How much do collateral recovery specialist jobs pay per hour?

As of Jun 13, 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 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 jobs pay 500,000 a year in the US?

High-paying roles such as senior executives, specialized surgeons, and successful entrepreneurs can earn $500,000 or more annually. Certain finance, technology, and legal positions, especially with bonuses or profit sharing, also have the potential to reach this income level, often requiring advanced skills, certifications, and significant experience.

What does a collateral specialist do?

A collateral recovery specialist is responsible for locating, repossessing, and managing assets such as vehicles or property used as collateral for loans. They often work with law enforcement, use tracking tools, and follow legal procedures to recover assets efficiently and securely.

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

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 is the highest paying collection job?

The highest paying collection jobs often include senior or managerial roles such as Collections Manager or Recovery Director, which can offer higher salaries due to increased responsibility and experience. Specialized positions that require advanced negotiation skills, industry certifications, or experience managing large portfolios tend to pay more in the collections and recovery field.

What jobs pay $10,000 a month without a degree?

A Collateral Recovery Specialist can potentially earn $10,000 or more per month through commissions and bonuses, especially with experience and a strong network. High earnings are often linked to roles in the finance or automotive industries that require skills in negotiation, asset recovery, and knowledge of relevant laws, but typically do not require a college degree. Success depends on individual performance, market demand, and the ability to manage complex recovery cases efficiently.

What are Collateral Recovery Specialists?

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 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
Customer Service Representative / Office staff

Customer Service Representative / Office staff

CAMPING COMPANIES INC

Las Vegas, NV • On-site

$15.25 - $20.75/hr

Other

Posted 8 days ago

Job description

Duties will be performed in the Repossession and/or Auto Lending Industries - including Skip Tracing, Account Management, Collections, & Customer Support. Employees should have a high level of knowledge regarding all areas of investigation, collateral recovery, and customer service. Employees are expected to provide the highest level of customer service to our clients, have a passion for the business, and be willing to go the extra mile for our clients!
- Must be at least 20 years old.
- You should have experience utilizing Re-Pros software and/or other repossessions software management products.
- Have experience in customer service, skip-tracing services, investigations or account services. With knowledge of the repossession process and the complexities involve in it.
- Be proficient in computer software applications such as Internet Explorer, Groupwise, and Microsoft Word and Excel.
- Have the ability to multi-task and deal with accounts appropriately in a high-stress environment - including updating, receiving, assigning, organizing, & follow up.
- Be team & task oriented and skilled at time management.
- Understand and be able to follow the laws and regulations that govern the asset recovery profession.
- Be able to answer calls from clients and provide appropriate, professional, accurate and timely information.
- Communicate professionally with clients to assist in the development of client relationships and new client development.
- Be willing to work whatever hours needed when necessary.
- Be willing to take and pass the Certified Asset Recovery Specialist (CARS) exam.

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