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Repossession In information

What is the 3 month rule for jobs?

The 3 month rule in repossession jobs typically refers to the period during which a repossession agent must complete the recovery process after being assigned a vehicle or asset. It often relates to company policies or legal guidelines that specify timelines for action to ensure compliance and efficiency in the repossession process.

How much do repo spotters get paid?

Repo spotters typically earn between $10 and $20 per hour, depending on experience and location. They often work on a commission or bonus basis for successful recoveries and need good observational skills and knowledge of vehicles and repossession procedures.

How badly does a repo affect you?

For a repossession agent, the job involves locating and recovering assets like vehicles or property, which can be stressful and require strong communication skills. While the role itself does not directly impact personal credit, it may involve working in high-pressure environments and adhering to legal protocols. The job's impact on an individual depends on personal resilience and understanding of legal boundaries in repossession activities.

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 are the rules of repossession?

In repossession jobs, the rules involve following legal procedures to recover property, such as obtaining proper authorization, respecting the debtor's rights, and adhering to state and federal laws. Repossession agents must avoid breach of peace, which includes avoiding violence or intimidation, and often require training and certification to perform their duties lawfully.
What are popular job titles related to Repossession In jobs in Atlanta, GA? For Repossession In jobs in Atlanta, GA, the most frequently searched job titles are:
What job categories do people searching Repossession In jobs in Atlanta, GA look for? The top searched job categories for Repossession In jobs in Atlanta, GA are:
Repossession In jobs near you
Wholesale Relationship Specialist II

Wholesale Relationship Specialist II

Yamaha Motor Corporation

Kennesaw, GA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 6 days ago

Job description

Yamaha has an excellent opportunity for a Wholesale Relationship Specialist II to join our Wholesale Finance team in Kennesaw, GA. The Wholesale Relationship Specialist will be assigned a wholesale territory of dealer accounts and will be responsible for developing effective working relationships with dealer principals and other management and staff. All efforts will be led by the Dealer Profit Maximization (DPM) principle and will include maximizing order flow, response to escalated service requests, ensure dealers have adequate credit lines, oversee collection of amounts due, monitor collateral exceptions, proactively identify risk and collaborate with YMFUS leadership on growth and service opportunities.
What you'll be doing:
  • Responsible for oversight of all daily customer service and collection activity in the assigned portfolio
  • Ensure that daily parts and units orders are released timely in assigned portfolio
  • Responsible for oversight of daily AR adjustments, recoding of status items, overlines, unit transfers and other transactions in assigned portfolio, ensuring that submissions are JSOX compliant
  • Provide updates to the various sales teams and to management regarding any wholesale issues that arise due to defaults, overlines or customer service-related issues
  • Responsible for understanding and documenting all status items and making sure that those items are resolved/cleared in accordance with YMFUS risk policy
  • Limit risk in the assigned portfolio by utilizing demand letters and repossessions to address dealer defaults. Make recommendations to management about post-repossession litigation and/ or collection activity
  • When possible, represent the YMFUS wholesale group at dealer events and sales meetings always exemplifying the YMFUS values
  • Perform other duties as assigned

What you need to be successful:
  • Minimum 2 years' experience in the wholesale finance industry
  • Bachelor's Degree in business, finance or accounting preferred
  • Previous account management experience
  • Strong problem-solving skills and the ability to manage multiple tasks simultaneously
  • Proven track record of providing excellent customer service
  • Exceptional interpersonal and communication skills, both oral & written
  • Ability to understand and interpret financial statements a plus

Don't meet every single requirement? Studies have shown that women and underrepresented minorities are less likely to apply to jobs unless they meet every single qualification. At Yamaha, we understand that talent comes in various forms, as such we are dedicated to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your past experience doesn't align perfectly with every qualification in the job description, we encourage you to apply anyway. You may be just the right candidate for this or other roles!
What's in it for you:
  • 401(k) and Profit Sharing
  • Fertility Benefits
  • 37.5 hour work-week
  • Medical, Dental, Vision
  • Life and AD&D Insurance
  • Wellness Program
  • Short-Term Disability Coverage (for hourly roles)
  • Long-Term Disability
  • Student Debt Repayment Benefits
  • Ability to borrow Yamaha product

Reports to: Department Manager
Yamaha Motor Corporation, USA is proud to be an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identify, national origin, veteran or disability or any other status protected by federal, state, or local law. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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