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Repossession Manager Jobs in Chicago, IL (NOW HIRING)

Alliant

Senior Collections Representative

Chicago, IL · On-site

$46K - $65K/yr

Manage and support collections-related recovery activities, including repossession, redemption, deceased member account resolution, total loss claims, deficiency balances, and other loss mitigation ...

All JobsRepossession JobsRepossession Manager JobsRepossession Manager Jobs in Chicago, IL

Repossession Manager information

See Chicago, IL salary details

$21K

$57.7K

$122.7K

How much do repossession manager jobs pay per year?

As of Sep 3, 2026, the average yearly pay for repossession manager in Chicago, IL is $57,734.00, according to ZipRecruiter salary data. Most workers in this role earn between $32,332.00 and $68,256.00 per year, depending on experience, location, and employer.

What does a repossession manager do?

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.

What are some common challenges repossession managers face on the job?

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.

What are the key skills and qualifications needed to thrive in the repossession manager position, and why are they important?

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.

What are popular job titles related to Repossession Manager jobs in Chicago, IL?

For Repossession Manager jobs in Chicago, IL, the most frequently searched job titles are:

What job categories do people searching Repossession Manager jobs in Chicago, IL look for?

The top searched job categories for Repossession Manager jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Repossession Manager jobs?

Cities near Chicago, IL with the most Repossession Manager job openings:

Repossession Manager jobs near you
Infographic showing various Repossession Manager job openings in Chicago, IL as of August 2026, with employment types broken down into 86% Full Time, 13% Part Time, and 1% Contract. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $57,734 per year, or $27.8 per hour.

Repossession Agent

DONE RITE RECOVERY RECOVERY SERVICES INC

Lansing, IL • On-site

$80K - $100K/yr

Full-time

Re-posted 23 days ago

Job description

About the Role:
Join DONE RITE RECOVERY SERVICES INC as a Repossession Agent in Lansing, IL, where you will play a crucial role in asset recovery. Be part of a dedicated team that values integrity and professionalism in every recovery operation.

Responsibilities:
  • Conduct field repossessions of vehicles and other assets in a timely and efficient manner
  • Maintain accurate records of all repossession activities and documentation
  • Communicate effectively with clients and customers regarding the repossession process
  • Ensure compliance with all local and state regulations related to repossession
  • Collaborate with team members to optimize recovery strategies and processes
  • Perform thorough inspections of repossessed assets
  • Participate in ongoing training and development to enhance skills and knowledge
Requirements:
  • Previous experience in repossession, or related field preferred
  • Valid driver's license with a clean driving record MIN 23 YRS OLD 
  • Strong communication and negotiation skills
  • Ability to work independently and handle challenging situations
  • Familiarity with local laws and regulations regarding repossession
  • Excellent time management and organizational skills
  • Must pass background check and drug screening
About Us:
DONE RITE RECOVERY SERVICES INC has been a trusted name in recovery services for over 25 years. Our commitment to exceptional service and ethical practices has earned us a loyal customer base and a supportive work environment where employees thrive.