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Finance Recovery Jobs (NOW HIRING)

The Head of Asset Recovery leads the end-to-end resolution of problem loans, developing and ... This role conducts detailed borrower and guarantor financial analysis, recommends risk grade ...

The Head of Asset Recovery leads the end-to-end resolution of problem loans, developing and ... This role conducts detailed borrower and guarantor financial analysis, recommends risk grade ...

Patient Financial Recovery Specialist

$18.50 - $24.50/hr

The Patient Financial Recovery Specialist will provide customer service to hospital patients who have questions on their accounts and assist them in settling their patient responsibility balances.

Patient Financial Recovery Specialist

$18.50 - $24.50/hr

The Patient Financial Recovery Specialist will provide customer service to hospital patients who have questions on their accounts and assist them in settling their patient responsibility balances.

Patient Financial Recovery Specialist

$18.50 - $24.50/hr

The Patient Financial Recovery Specialist will provide customer service to hospital patients who have questions on their accounts and assist them in settling their patient responsibility balances.

Patient Financial Recovery Specialist

$18.50 - $24.50/hr

The Patient Financial Recovery Specialist will provide customer service to hospital patients who have questions on their accounts and assist them in settling their patient responsibility balances.

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Finance Recovery information

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$25K

$92.6K

$135.5K

How much do finance recovery jobs pay per year?

As of Aug 18, 2026, the average yearly pay for finance recovery in the United States is $92,631.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $109,000.00 per year, depending on experience, location, and employer.

What is a finance recovery?

A Finance Recovery job involves identifying and recovering lost, overpaid, or unclaimed funds for a company or client. Professionals in this role analyze financial records, track discrepancies, and negotiate with vendors or institutions to reclaim owed amounts. They may work in corporate finance, insurance, or debt recovery sectors. Strong attention to detail, analytical skills, and knowledge of financial regulations are essential for success in this role.

What skills and qualifications are needed for finance recovery?

To thrive in Finance Recovery, you need strong analytical skills, attention to detail, and a solid understanding of accounting or finance principles, often supported by a degree in finance, accounting, or business. Familiarity with financial recovery tools, enterprise resource planning (ERP) systems, and sometimes certification in credit management or collections is commonly required. Excellent communication, negotiation skills, and resilience are standout soft skills for effectively managing debtor relationships. These competencies are crucial for efficiently recouping funds, maintaining accurate records, and supporting organizational cash flow goals.

What are common challenges faced by finance recovery professionals, and how can they be addressed?

Finance Recovery professionals often encounter challenges such as dealing with unresponsive clients, navigating complex payment disputes, and managing high volumes of open accounts. To address these issues, effective communication and negotiation tactics are essential, as well as staying organized and adhering to company policies and industry regulations. Many teams use specialized software to track recovery efforts and streamline processes, making collaboration and regular reporting vital. Continuous training on regulation changes, as well as support from experienced colleagues, can also help professionals succeed. By proactively managing these challenges, Finance Recovery specialists can help protect the organization's financial health and build positive client relationships.

More about Finance Recovery jobs

What states have the most Finance Recovery jobs?

States with the most job openings for Finance Recovery jobs include:

Infographic showing various Finance Recovery job openings in the United States as of August 2026, with employment types broken down into 94% Full Time, 4% Part Time, and 2% Contract. Highlights an 80% Physical, 8% Hybrid, and 12% Remote job distribution, with an average salary of $92,631 per year, or $44.5 per hour.

Financial Recovery Administrator - Full Time

1ST MIDAMERICA CREDIT

East Alton, IL โ€ข On-site

$16.38 - $19.27/hr

Full-time

Re-posted 16 days ago


Job description

Job Title: Financial Recovery Services Administrator (Collections)

Status: Full Time

Location: East Alton, IL

Salary: $16.38 - $19.27

Benefit Information: https://www.1stmidamerica.org/docs/default-source/pdfs/benefits-summary-at-a-glance-2026.pdf

About Us:

1st MidAmerica is a trusted financial institution dedicated to providing exceptional service to our members. We pride ourselves on our commitment to the communities we serve and our focus on delivering an array of financial products for each step in their financial journey. We are currently seeking motivated and member-oriented individuals to join our team as a Financial Recovery Services Administrator.

Job Summary:

We are seeking a Financial Recovery Services Administrator to assist the Financial Recovery Department with member delinquencies and collection processes and creating departmental reports.

Key Responsibilities:

- Updates and maintains various reports and tracking modules.

- Compiles monthly reports for management.

- Processes and maintains all credit union collateral protection insurance (CPI) with vendor.

- Manages daily reports for accounts that have been charged off.

- Report monitoring and follow up with account maintenance for rejected loan payments.

- Handles credit life and disability claims with credit union vendor.

- Provides backup assistance with repossession processes.

Qualifications:

- High school diploma or equivalent.

- One year to three years of similar or related experience.

- Strong communication skills and attention to detail.

- Proficient with Microsoft products (Outlook, Word, and Excel).

- Intermediate math skills

What We Offer:

- Competitive salary and benefits.

- Opportunities for career growth.

- Supportive team environment.

Schedule:

- Monday – Friday 8:00 AM – 5:00 PM

Disclaimer: Must be able to work and travel to different credit union locations as determined by management.

1st MidAmerica is an Equal Opportunity Employer.