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Repossession Jobs in Connecticut (NOW HIRING)

Commercial Credit Group

Collector

West Hartford, CT

$17.25 - $23.25/hr

Issue repossession orders to secure and recover pledged collateral. * Communicate collection issues to senior management. * Assist in-house legal counsel with efforts to accelerate the collection ...

Commercial Credit Group

Collector

Hartford, CT · On-site

$17.25 - $23.25/hr

Issue repossession orders to secure and recover pledged collateral. * Communicate collection issues to senior management. * Assist in-house legal counsel with efforts to accelerate the collection ...

CPCU/SFCU

Collector

Groton, CT · On-site

$17 - $22.50/hr

Works closely with the AVP, Loss Mitigation and Recovery to prepare Bankruptcy Claims, Probate Claims Small Claims, Repossession Orders and Attorney Referrals. Additionally, assists in maintaining ...

Coreplus Federal Credit Union

Collector

Groton, CT · On-site

$17 - $22.50/hr

Works closely with the AVP, Loss Mitigation and Recovery to prepare Bankruptcy Claims, Probate Claims Small Claims, Repossession Orders and Attorney Referrals. Additionally, assists in maintaining ...

Coreplus Federal Credit Union

Collector

Groton, CT · On-site

$17 - $22.50/hr

Works closely with the AVP, Loss Mitigation and Recovery to prepare Bankruptcy Claims, Probate Claims Small Claims, Repossession Orders and Attorney Referrals. Additionally, assists in maintaining ...

All JobsRepossession JobsRepossession Jobs in Connecticut

Repossession information

See Connecticut salary details

$10.5K

$55K

$130.8K

How much do repossession jobs pay per year?

As of Jul 31, 2026, the average yearly pay for repossession in Connecticut is $54,993.00, according to ZipRecruiter salary data. Most workers in this role earn between $36,600.00 and $49,500.00 per year, depending on experience, location, and employer.

How do I become a repossession agent?

To become a repossession agent, you typically need a high school diploma or equivalent, a valid driver's license, and a clean driving record. Some states require licensing or certification, which may involve background checks and training in legal procedures and safety protocols. Gaining experience in security, law enforcement, or automotive fields can also be beneficial.

What is a repossession agent?

A repossession agent, often called a repo agent, is a professional responsible for recovering property—such as vehicles, boats, or other assets—that have been leased or financed but not paid for according to the terms of a loan agreement. When a borrower defaults on their payments, the lender may hire a repossession agent to retrieve the collateral. Repo agents must follow state and federal laws to ensure the process is legal and avoid breaching the peace. They typically work for repossession companies or as independent contractors. The job often involves locating assets, negotiating with owners, and safely transporting the repossessed property.

Do repossession agents make good money?

Repossession agents typically earn an hourly wage or commission-based pay, with salaries ranging from around $30,000 to $60,000 annually depending on experience, location, and workload. The job may involve irregular hours and physical activity, and some agents receive additional compensation for successful recoveries or overtime.

How do I get into a repo job?

To get into a repossession job, candidates typically need a high school diploma or equivalent, a valid driver's license, and a clean driving record. Relevant skills include good communication, problem-solving, and knowledge of legal procedures; some employers may require background checks or training programs. Experience in security, law enforcement, or collections can be advantageous for entry-level positions.

What are the key skills and qualifications needed to thrive as a Repossession Agent, and why are they important?

To thrive as a Repossession Agent, you generally need a valid driver's license, knowledge of state repossession laws, and often a high school diploma or equivalent. Familiarity with GPS tracking systems, tow trucks, and recovery management software is typically required. Strong conflict resolution, situational awareness, and effective communication skills help navigate tense situations and ensure safety. These skills are crucial for conducting lawful, efficient repossessions while minimizing risk and maintaining professionalism.

Does repo work pay well?

Repossession jobs typically offer hourly wages that range from minimum wage to around $20 per hour, with some positions offering commissions or bonuses based on recoveries. Pay can vary depending on experience, location, and the employer, and the job often requires strong communication skills and knowledge of legal procedures. Overall, repossession work is generally considered to provide moderate pay compared to other recovery or field service roles.

What is the difference between Repossession vs Debt Collector?

AspectRepossessionDebt Collector
Required CredentialsPossibly licensed or certified depending on jurisdictionOften requires collection licenses or certifications
Work EnvironmentFieldwork involving vehicle or asset retrievalOffice-based or fieldwork contacting debtors
Industry UsageFinancial institutions, auto lenders, leasing companiesCreditors, collection agencies, banks
Common Search/ComparisonRepossession vs Debt Collector

Repossession involves retrieving assets like vehicles or property when borrowers default, often requiring specialized licensing. Debt collectors focus on contacting debtors to recover owed money, typically working in collections. While both roles deal with debt recovery, repossession is more asset-focused and field-based, whereas debt collection emphasizes communication and negotiation. Understanding these differences helps job seekers identify the right career path in the debt recovery industry.

What are some typical challenges faced by repossession agents, and how are they addressed on the job?

Repossession agents often encounter challenges such as dealing with difficult or emotional vehicle owners, locating hard-to-find assets, and working in potentially stressful or confrontational situations. Companies usually provide training on conflict de-escalation, legal compliance, and safety procedures to help agents manage these scenarios. Strong communication skills and teamwork are essential, as agents often coordinate with lenders, law enforcement, and dispatchers to ensure safe and lawful repossessions.
What are popular job titles related to Repossession jobs in Connecticut? For Repossession jobs in Connecticut, the most frequently searched job titles are:
What job categories do people searching Repossession jobs in Connecticut look for? The top searched job categories for Repossession jobs in Connecticut are:
Repossession jobs near you
Infographic showing various Repossession job openings in Connecticut as of July 2026, with employment types broken down into 98% Full Time, 1% Part Time, and 1% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $54,993 per year, or $26.4 per hour.

Debt & Asset Recovery Specialist

Mitsubishi HC Capital America Inc

Norwalk, CT • On-site

$57K - $63K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 3 days ago

Job description

Position Overview: The company is looking for a motivated and experienced portfolio management professional skilled in mid-stage collections and recovery activities. The Debt and Asset Recovery Specialist responsibilities include (but are not limited to) collection of delinquent accounts through phone/written correspondence, skip-tracing, repossession requests/submissions, managing contracts out for repo, account escalation, and submittal of legal recommendations as warranted. This role ensures the effective coordination of late-stage collections, asset recovery, and risk mitigation strategies. The ideal candidate must be positive, focused, a team player, and possess strong time management, multitasking, and negotiating skills.


Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.


Essential Duties and Responsibilities: (List in order of time spent)

  • Strive to mitigate loss and maximize recoveries through proactive management of assigned problem account queue, performing all collection and recovery activities timely and accurately
  • Conduct extensive skip-tracing and work in conjunction with outside partners (repo and collections) n efforts to locate obligors, secure payment, and collateral
  • Assume responsibility for all out for repossession accounts until collected current or default cured.
  • Prepare and present account status reports to management upon request
  • Assist our Collections Team by issuing door knockers and field assignments prior to repo assignment
  • Assign accounts to our repo companies based on the best probability of recovery and reassign as necessary
  • Coordinate with Collections, Asset Management, and Legal to effectively utilize all resources to reach account resolution
  • Create complete and thorough documentation so that the file can be handed to asset management for remarketing purposes
  • Document all interaction with customers and outside agencies to ensure tracking and reporting accuracy
  • Make next-step recommendations to management team including litigation, abandonment, and charging off
  • Seek workout and repayment opportunities with obligors; working with customers to restructure, reschedule, rewrite, or extend payments.
  • Handle all invoice resolutions to make sure bills are paid in a timely fashion
  • Furnish proper customer facing written communications such as demand and notice of private sale.
  • Conduct routine audits of repossession efforts; routinely seek updates from partners
  • Address third-party repair liens or competing interests
  • Ensure compliance with laws and internal policies
  • Participate in continuous improvement initiatives for processes and policies
  • Handle any miscellaneous duties as assigned.

KPI’s (Key Performance Indicators):

  • Routine agent performance indicators include effort and effectiveness measures
  • Call center performance
  • Account touches
  • Account resolutions
  • Repossession activity reporting
  • Message and follow up activity
  • Quality Control and monitoring
  • Support & Guidance to Team Members
  • Availability for daily questions and approvals
  • Accuracy and completeness of case files.
  • Compliance with internal standards and external regulations
  • Complex Case Handling
  • Strategic decision-making in sensitive scenarios
  • Training & Development
  • Escalation management and workflow continuity

Responsibility and Decision-Making Authority:

Acts independently within company policy. Makes decisions on recovery strategies, team operations, and resource allocation


Management/Supervisory Responsibilities:

N/A


Qualifications:

  1. Solid working knowledge of MS Excel and MS Word preferred
  1. Bilingual in English & Spanish a plus


Competencies:

  • Strategic thinking and problem-solving
  • Strong interpersonal and negotiation skills
  • Risk assessment and decision-making
  • Excellent communication and organizational skills
  • Desire to work in a team environment
  • Forward thinking/adaptability – must be able and willing to adapt; strive for process improvement
  • Time management - the ability to organize and manage multiple priorities
  • Attention to detail

Education and Experience:

  • 3 years collections experience (commercial preferred)
  • 1-2 years of credit experience preferred but not required.
  • College Degree preferred but not required.


Licensing and Certification:

  • N/A

Tools and Equipment Used:

  • Personal computer, copier, phone, and other typical office equipment

Working Hours/Locations:

  • Hours may vary and may require some evening work; frequently requires working 40-45 hours/week depending on business needs.

Travel:

  • Occasional travel related to attendance at industry seminars


Physical Demands:

  • Digital dexterity and hand/eye coordination in operation of office equipment
  • Light lifting and carrying of supplies, files, etc.
  • Ability to speak to and hear customers and/or other employees via phone or in person.
  • Body motor skills sufficient to enable incumbent to move from one office location to another


The job description does not constitute an employment contract, implied or otherwise, other than an “at will” relationship and is subject to change by the employer as the needs of the employer and requirements of the job change.


The position is exempt and the salary will be between $57,200.00 and $63,400.00 with an opportunity to earn a discretionary annual bonus.


The salary range is determined and based on internal equity, market data/ranges, applicant's skills, prior relevant experience and education.

Additional benefits:

- Medical, Dental, and vision plans

- 401(k) and matching

- Paid Time Off

- Company Paid Life Insurance

- Employee Assistance Program

- Training and Development Opportunities

- Employee Discounts