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Vehicle Repo Agent Jobs (NOW HIRING)

M&T Bank

Repo Coordinator II

Getzville, NY · On-site

$20.55 - $34.25/hr

... auto & recreational vehicle loans (e.g., boats, RV's, motorcycles). Primary Responsibilities ... Direct contact with external repossession agent vendors, attorneys and law enforcement. This ...

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Repo Coordinator II

Getzville, NY • On-site

M&T Bank
Finance and Insurance • 10K+ employees
Learn more about M&T Bankexternal

$20.55 - $34.25/hr

Full-time

Re-posted 29 days ago

M&T Bank rating

7.9

Company rating: 7.9 out of 10

Based on 189 frontline employees who took The Breakroom Quiz

Job description

Overview:
Help to mitigate losses by coordinating the repossession of delinquent collateralized consumer bank auto & recreational vehicle loans (e.g., boats, RV's, motorcycles).
Primary Responsibilities:
  • Receive referrals from in-house Collections departments, typically at the 85 day past due point, or by way of voluntary repossessions.
  • Coordinate the repossession and transportation of collateral with dedicated list of external repossession agents.
  • Ensure repossession agents are provided with all necessary and accurate information to successfully recover collateral.
  • Interact with in-house collectors, external vendors, attorneys and law enforcement to ensure successful recovery of collateral.
  • Research value of collateral in order to provide information to Remarketing Team to determine the cost and benefit of repossession activity.
  • Perform skip-tracing as necessary to locate collateral if repossession agents are unable to locate collateral after two attempts. Make customer contact in order to coordinate payments or collateral surrender.
  • Perform collections activities as needed.
  • Negotiate settlements with mechanic's lien holders, impound lots, marinas, dealerships, etc.
  • Participate in Audits at vendor sites as requested by management.
  • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies.
  • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Promote an environment that supports belonging and reflects the M&T Bank brand.
  • Complete other related duties as assigned.

Scope of Responsibilities:
Works 200+ accounts per week.
Direct contact with external repossession agent vendors, attorneys and law enforcement.
This position has customer contact.
Education and Experience Required:
A combined minimum of 3 years' higher education and/or relevant work experience.
Ability to travel up to 10% of the time.
Education and Experience Preferred:
Bachelor's degree.
Collections or repossession experience.
Knowledge of M&T Bank systems.
M&T Bank is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $20.55 - $34.25 Hourly (USD). The successful candidate's particular combination of knowledge, skills, and experience will inform their specific compensation.
Location
Getzville, New York, United States of America

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