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Collateral Recovery Jobs (NOW HIRING)

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 ...

Lithia

DFC Collateral Admin

Medford, OR · On-site

$18 - $20/hr

This person will be able to comply with systems, support others in recovery process and complete weekly and monthly reports for DFC Collateral Manager. The DFC Collateral Administrator reports to the ...

Lithia & Driveway

DFC Collateral Admin

Medford, OR · On-site

$18 - $20/hr

This person will be able to comply with systems, support others in recovery process and complete weekly and monthly reports for DFC Collateral Manager. The DFC Collateral Administrator reports to the ...

Lithia & Driveway

DFC Collateral Admin

Medford, OR · On-site

$18 - $20/hr

This person will be able to comply with systems, support others in recovery process and complete weekly and monthly reports for DFC Collateral Manager. The DFC Collateral Administrator reports to the ...

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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:
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Collateral Recovery jobs near you

Transporter

Indiana Recovery Services

Cicero, IN • On-site

$18 - $22/hr

Full-time

Medical, Retirement, PTO

Posted 22 days ago

Job description

We are looking for experienced individuals to join our team. We need qualified rollback drivers to assist our recovery team in transporting vehicles. Position consists of operating a rollback truck to transport vehicles to and from our Cicero location. We have a night shift and a day shift position available
The Following are Skills, Knowledge, and .or Abilities Required for this Position:
Basic Computer Skills
Valid Indiana Chauffeurs Driver's License and Maintain a Clean M.V.R.
Reliable Transportation
Clean Criminal Background
Integrity and Professionalism
Required education level and .or experience for this position is:
A High School Diploma or G.E.D., however a higher level of education is preferred.
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 gained in any branch of the U.S. Armed Forces
Experience in the Financial Services .Collections Industry
Qualifications and Skills
Previous rollback, wrecker, or transport experience preferred, MUST BE ATLEAST 23 YEARS OLD
Benefits
Paid vacation, health benefits, uniform allowance, and matching retirement program
Job Type: Full-time

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