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Collateral Recovery Jobs (NOW HIRING)

Aston Carter

Chief Legal Officer

Harrington, DE · On-site

Lead and manage the legal department, including legal and collateral recovery teams, ensuring effective structure, workflows, and performance aligned with business objectives. * Draft, review, and ...

Indiana Recovery Services

Transporter

Cicero, IN · On-site

$18 - $22/hr

Successful employment history in performance in the following driven industries are preferred but not necessary A background in collateral recovery field, investigations, law enforcement. Experience ...

Aston Carter

Chief Legal Officer

Harrington, DE · On-site

$72 - $96/hr

Lead and manage the legal department, including legal and collateral recovery teams, ensuring effective structure, workflows, and performance aligned with business objectives. * Draft, review, and ...

Hide and Seek Recovery

Storage Lot Attendant

Houston, TX · On-site

$18/hr

At HNS Recovery, we are on a mission to redefine the collateral recovery industry with excellence, innovation, and integrity. As we continue to expand across Texas, we remain committed to creating a ...

Hide and Seek Recovery

Storage Lot Attendant

Houston, TX · On-site

$18/hr

At HNS Recovery, we are on a mission to redefine the collateral recovery industry with excellence, innovation, and integrity. As we continue to expand across Texas, we remain committed to creating a ...

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Showing results 21-40

All JobsFinance and Insurance JobsLoan JobsLoan Counselor JobsCollateral Recovery Jobs

Collateral Recovery information

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$18

$28

$48

How much do collateral recovery jobs pay per hour?

As of Sep 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 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.

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.

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 August 2026, with employment types broken down into 2% As Needed, 76% Full Time, 19% Part Time, and 3% Contract. 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.

Collections & Recovery Representative

ALLEGIANCE CREDIT UNION

Oklahoma City, OK • On-site

$15.75 - $20.50/hr

Full-time

Posted 5 days ago

Job description

***A completed application is required for consideration ofemployment.***
Full-Time Collections & Recovery Representative
Monday - Friday: 8-hour shift between 8:00 a.m. - 7:00 p.m.
3+ Years' Collections Experience Required**
Oklahoma residency required by start date**
Role
To preserve the Credit Union's assets by controlling delinquent loan accounts, collecting delinquent loan payments and/or recovering collateral. Attendance is an essential function of performing the duties of this job.
Major Duties and Responsibilities
Weight
Description
50%
Collections & Account Management for late stage delinquency, including but not limited to: soliciting payment arrangements on delinquent loans, interviewing customers to determine reason for delinquency, taking appropriate action to resolve the account (could include loan modifications or loan workouts), counseling members concerning their financial obligations and offering suggestions and alternatives, recommending further action as deemed necessary (i.e. repossession, legal action), skip tracing as necessary to locate customers and posting loan payments.
25%
Repossession & Recovery: Reviewing accounts for repossession, coordinating repossessions and collateral recovery, redemptions, auctions, AAA inspections, vehicle sales, and tracking repossessions.
15%
Informs supervisor of trends in loan underwriting contributing to delinquent/charged-off loans. Tracking spreadsheets, title related work, sending necessary letters, applying for warranty and gap refunds, and ensuring accounts remain accurate and statuses are current.
10%
Departmental Support: Provides general administration and operational support including but not limited to preparing and distributing correspondence in a timely fashion, assisting with processing mail, daily departmental goals, and levies and bankruptcies as needed.
Must comply with all company policies and procedures, applicable laws and regulations, including but not limited to, the Bank Secrecy Act, the Patriot Act, and the Office of Foreign Assets Control. Performs other related duties as assigned
ALLEGIANCE CREDIT UNION is an EEO Employer - M/F/Disability/Protected Veteran Status

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