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Collateral Recovery Jobs (NOW HIRING)

Indiana Recovery Services

Transporter

Cicero, IN

$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 ...

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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Collateral Recovery information

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$18

$28

$48

How much do collateral recovery jobs pay per hour?

As of Jul 6, 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
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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

Repossession Agent - Grovertown

Indiana Recovery Services

Grovertown, IN

$20 - $25/hr

Full-time

Retirement, PTO

Posted 11 days ago

Job description

Join one of the top repossession teams in the Nation!


Description: The Repossession Agents job consists of investigating, identifying / locating and securing defaulted collateral using a variety of programs and technology. Once secured, safely and efficiently transporting unit back to company impound yard.


Qualifications:


  • Self-starter with positive attitude and ability to work with minimal supervision

  • Strong attention to detail, goal oriented

  • Able to multi-task in a fast-paced environment

  • Commitment to excellent customer service

  • Shifts and/or schedules may change throughout the year as dictated by management and business needs

  • Preferred proficiency in current technology

  • Able to problem solve and determine solutions to issues as they arise

  • Must be able to work in all weather conditions
  • Must have a Chauffeur's endorsement and maintain a clear driving record

  • Must be able to lift a minimum of 50 lbs
  • Must be at least 23 yrs of age
  • Must pass a background check and drug screen
  • Background in collateral recovery, towing, investigations, law enforcement ormilitary preferred but not required.

  • Preferred knowledge of vehicles


Job Duties for Repossession Agent:


  • Locate, verify and secure collateral out for repossession based on information provided by the lien holder
  • Properly securing unit to tow truck and safely towing unit to lot
  • Report recovered collateral in required systems
  • Maintain equipment and complete daily vehicle inspections prior to and at the end of each shift

  • Completecondition report and photos on recovered collateral as needed
  • Transport recovered units to auction as requested
  • Follow all DOT regulations and company policies
  • All other duties as required


Compensation:


  • Agents make anywhere from $60K - $140K a year depending on work ethic and determination. Hourly pay for company meetings and training
  • Bi-weekly pay schedule
  • Matching retirement program
  • Paid vacation
  • Company clothing allowance
  • Companyissued ipad for use in the course of work duties
  • Newer equipment


Apply