Asset Recovery Manager
Duncan, OK · On-site
Facilitate repossession and liquidation of other personal property as necessary, which may include ... Manage borrower collection activity, including attendance at small claims court. ADDITIONAL ...
Duncan, OK · On-site
Facilitate repossession and liquidation of other personal property as necessary, which may include ... Manage borrower collection activity, including attendance at small claims court. ADDITIONAL ...
Duncan, OK · On-site
Facilitate repossession and liquidation of other personal property as necessary, which may include ... Manage borrower collection activity, including attendance at small claims court. ADDITIONAL ...
Tulsa, OK · On-site
$21/hr
Medical
Dental
Vision
Retirement
The Collection Specialist is responsible for managing delinquent loan accounts, working directly ... Recommend recovery actions, including collateral repossession or legal escalation, when necessary.
Quick apply
Tulsa, OK · On-site
$21/hr
Medical
Dental
Vision
Retirement
The Collection Specialist is responsible for managing delinquent loan accounts, working directly ... Recommend recovery actions, including collateral repossession or legal escalation, when necessary.
$18.4K - $26.5K
18% of jobs
$29.3K is the 25th percentile. Wages below this are outliers.
$26.5K - $34.5K
19% of jobs
The median wage is $40.3K / yr.
$34.5K - $42.6K
17% of jobs
$42.6K - $50.7K
14% of jobs
$55.3K is the 75th percentile. Wages above this are outliers.
$50.7K - $58.8K
11% of jobs
$58.8K - $66.8K
8% of jobs
$66.8K - $74.9K
5% of jobs
$74.9K - $83K
3% of jobs
$83K - $91.1K
2% of jobs
$91.1K - $99.1K
1% of jobs
$99.1K - $107.2K
1% of jobs
$18.4K
$50.5K
$107.2K
A Repossession Manager oversees the recovery of assets, such as vehicles or property, from individuals or businesses that have defaulted on payments. They coordinate with repossession agents, ensure compliance with legal regulations, and manage communication with clients and financial institutions. Additionally, they handle documentation, resolve disputes, and work to minimize losses for lenders while maintaining ethical and legal standards.
Repossession Managers often encounter challenges such as managing difficult customer interactions, ensuring compliance with complex state and federal regulations, and coordinating logistics for asset recovery across various locations. Balancing efficiency with empathy while upholding legal standards is crucial, as is handling unanticipated scenarios like contested recoveries. Strong problem-solving and communication skills are necessary to resolve conflicts and maintain positive relationships with clients, team members, and third-party vendors. Overcoming these challenges is key to achieving recovery targets and maintaining the company’s reputation.
To excel as a Repossession Manager, you need expertise in asset recovery operations, knowledge of relevant laws and regulations, and experience in financial services or collections management. Familiarity with repossession tracking software, case management systems, and compliance training or certifications, such as Certified Asset Recovery Specialist (CARS), is often required. Excellent negotiation, conflict resolution, and leadership skills help drive successful outcomes and foster team productivity. These abilities ensure repossessions are conducted legally, efficiently, and with minimized risk to the organization.
The most popular types of Repossession jobs in Oklahoma are:
For Repossession Manager jobs in Oklahoma, the most frequently searched job titles are:
The top searched job categories for Repossession Manager jobs in Oklahoma are:
Cities in Oklahoma with the most Repossession Manager job openings:

JOB SUMMARY: This position is responsible for managing Asset Recovery efforts including repossessions, money judgements, foreclosures, etc. Also manages aspects of the bank’s Other Real Estate portfolio, including monitoring legal processes for acquisition of properties, maintenance and liquidation, and operational support duties. This may include maintenance tasks, inspections, repairs, and general upkeep of the bank properties. Provides recommendations regarding bankruptcies, probates, foreclosures, repossessions, and other collection efforts to Asset Recovery Officer.
ESSENTIAL JOB FUNCTIONS:
ADDITIONAL RESPONSIBILITIES:
MINIMUM QUALIFICATIONS FOR CONSIDERATION:
KNOWLEDGE, SKILLS, AND ABILITIES:
PHYSICAL REQUIREMENTS
WORKING CONDITIONS:
NOTE: The above statements are intended to describe the general nature and level of work performed by an employee in this position. These statements are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of employees in this position.
First Bank & Trust Co. is an Equal Opportunity Employer and is committed to providing an environment free of harassment and discrimination. If you are a qualified individual with a disability or a disabled veteran, you may request a reasonable accommodation if you are unable or limited in your ability to access job openings or apply for a job on this site as a result of your disability. You can request reasonable accommodations by contacting Human Resources at 580-255-1810.