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Repossession In Jobs in Ohio (NOW HIRING)

Repossession Processor

Cincinnati, OH · On-site

$20 - $26.39/hr

We believe it takes all of us to bring our shared ambition to life, and each person is unique in ... Performs a variety of support and oversight to the physical repossession and collateral liquidation ...

REPO SPECIALIST

Warren, OH

$14.50 - $19.25/hr

Review and attempt to resolve serious delinquency involving collateralized accounts in an effort to avoid repossession. Upon non-resolution, generate notification of possible account actions for ...

You will not be actively involved in the repossession process when vehicles are identified. You will just communicate to the appropriate field personnel and internal team members. It's that simple!

Overview Busy repossession company needs more help! Do you know cars? Enjoy working by yourself as part of a bigger team? Interested in growing with the company? We are seeking a skilled and reliable ...

Overview Busy repossession company needs more help! Do you know cars? Enjoy working by yourself as part of a bigger team? Interested in growing with the company? We are seeking a skilled and reliable ...

Training & development Overview Busy repossession company needs more help! Do you know cars? Enjoy working by yourself as part of a bigger team? Interested in growing with the company? We are seeking ...

Monitor status and follow up on Repossession activity * Manage Queue independently in a timely, efficient Manner * Provide Customers with amounts due/information required to redeem collateral

Alcar Recovery is one of the most respected, rapidly expanding repossession firms in the country. We are seeking both fulltimeexperienced field agents and those eager to learn and committed to a new ...

Asset Repossession and Remarketing Account review and reconcilement Monitor status and follow up on Repossession activity Manage Queue independently in a timely, efficient Manner Provide Customers ...

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Repossession In information

How badly does a repossession affect you?

A repossession can negatively impact your credit score, making it more difficult to obtain loans or credit in the future. It may also lead to additional financial obligations and can stay on your credit report for up to seven years, affecting your ability to secure housing or employment that requires credit checks. Repossession specialists often review credit reports and financial history as part of their job responsibilities.

What is the 3 month rule for jobs?

The 3 month rule in repossession jobs typically refers to a probation or trial period lasting three months, during which an employee's performance and suitability are evaluated before permanent employment is confirmed. This period allows employers to assess skills such as attention to detail and decision-making in the field of asset recovery. It is common for job roles in repossession to include training and supervision during this initial phase.

How do repo workers get paid?

Repossession workers are typically paid either hourly wages or a flat fee per successful recovery. Some may also receive commissions or bonuses based on the number of vehicles recovered, and payment structures can vary depending on the employer or contract terms. They often work in environments requiring knowledge of legal procedures and safety protocols.

What is the law on repossession?

Repossession professionals must follow laws that regulate the process, including providing proper notice to the borrower and conducting the repossession without breaching peace. Laws vary by jurisdiction but generally require adherence to specific procedures to ensure the repossession is lawful and enforceable. Understanding local regulations and maintaining proper documentation are essential for repossession agents to operate legally.

What is the difference between Repossession In vs Repossession Agent?

AspectRepossession InRepossession Agent
Primary RoleManaging the process of repossessing assets after initial collection effortsLocating, recovering, and returning assets from defaulted borrowers
CredentialsOften requires knowledge of legal procedures and sometimes licensingRequires knowledge of repossession laws, sometimes licensing or certification
Work EnvironmentOffice-based with field visits for legal or administrative tasksPrimarily fieldwork, visiting locations to recover assets
Industry UsageUsed in finance, leasing, and loan recovery sectorsCommonly used in auto, equipment, and property repossession sectors

In summary, Repossession In focuses on managing the legal and administrative aspects of repossession, often involving legal procedures, while Repossession Agent is more hands-on, physically locating and recovering assets. Both roles are essential in the repossession process but differ in responsibilities and work environment.

What cities in Ohio are hiring for Repossession In jobs? Cities in Ohio with the most Repossession In job openings:
Repossession Processor

Repossession Processor

US Bank

Cincinnati, OH • On-site

$20 - $26.39/hr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago


U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 345 frontline employees who took The Breakroom Quiz

39th of 142 rated banks


Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description
Performs a variety of support and oversight to the physical repossession and collateral liquidation processes for the bank; requiring thorough knowledge of consumer banking, specifically default operations, programs and practices.

Duties may include validation of, and managing daily controls and escalating associated findings (including regulatory, risk, financial, and operational); support repossession providers in effectiveness measures; management of physical collateral across the United States, in both impounded and repossessed situations; root cause and investigation into account issues; customer correspondence creation and validation (regulatory); consumer titling oversight; sales coordination with internal and external partners - including internal and external legal counsel.
Basic Qualifications
- High school diploma or equivalent
- Typically four or more years of clerical and customer service experience
Preferred Skills/Experience
-Collections or mortgage servicing experience
- Thorough knowledge of products, services, terminology, procedures and systems related to assigned area
- Strong customer service skills
- Ability to manage multiple projects and deadlines simultaneously while maintaining a high level of customer service
- Ability to independently identify and resolve complex problems
- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications
- Effective verbal and written communication skills

Location expectations
This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $20.00 - $26.39

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.


What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

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