Repossession Specialist M-F 8am-5pm

Fifth Third Bancorp
Michigan, Cincinnati
Workplace: OnsiteFull timeFunction: Solutions Engineering & Sales EngineeringExperience: 2+ yearsEducation: high_schoolSkills: ["Communication","Teamwork","Problem-solving","Organizational skills","Multi-tasking"]

Research and process voluntary, involuntary, and impound loan repossession assignments and reassignments under state and federal laws. Review cancellation and redemption requests, assess additional repossession charges (towing, storage, repairs), and approve, negotiate, or deny fees. Coordinate daily correspondence, work with third parties holding collateral, reconcile vendor invoices, and ensure agreed charges are paid while managing risk and customer experience.

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Fifth Third Bancorp
Fifth Third Bancorp
4 weeks ago

Repossession Specialist M-F 8am-5pm

✓ Verified Job

Canonical indexed version, validated from employer's careers page.

Source: Company careers pageValidated by: Fursa AI
Last checked: 19 hours agoStatus: Live
Reposted: similar role first listed 3 weeks ago

Job Summary

Research and process voluntary, involuntary, and impound loan repossession assignments and reassignments under state and federal laws. Review cancellation and redemption requests, assess additional repossession charges (towing, storage, repairs), and approve, negotiate, or deny fees. Coordinate daily correspondence, work with third parties holding collateral, reconcile vendor invoices, and ensure agreed charges are paid while managing risk and customer experience.
Location: Michigan, Cincinnati
Workplace: Onsite
Employment Type: Full time
Job Function: Solutions Engineering & Sales Engineering
Seniority: Mid level

Key Responsibilities

  • •Conduct research using skip tracing tools and evaluate data from multiple sources to make actionable decisions.
  • •Submit and manage voluntary, involuntary, and impound repossession assignments and reassignments in multiple systems.
  • •Monitor correspondence regarding impounds and coordinate with third parties holding the bank’s collateral to negotiate storage/tow/repair charges.
  • •Process and document requests for repossession cancellations and redemptions accurately.
  • •Reconcile and review vendor invoices to ensure agreed charges are paid and process adjustments to post repossession fees.

Key Requirements

  • •High school diploma or equivalent required.
  • •Minimum 2 years of collections, repossession, or equivalent work experience.
  • •Excellent verbal and written communication skills.
  • •Strong Microsoft Office skills (Word, Excel, PowerPoint, Outlook).
  • •Knowledge of collection laws, regulations, credit lending principles, and risk management.
Experience:2+ yearsCollectionsRepossessionCredit lendingRisk management
Education:High School
Skills:CommunicationTeamworkProblem-solvingOrganizational skillsMulti-tasking
Tech Stack:Microsoft WordMicrosoft ExcelMicrosoft PowerPointMicrosoft Outlook

Company Brief

Fifth Third Bancorp
Fifth Third Bancorp is a diversified bank holding company offering consumer, commercial, and wealth management services. Through its banking subsidiaries, it provides deposits, lending, treasury management, payments, and investment solutions across the Midwest and Southeast.
Industry: Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 1B+
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Cincinnati, United States
Founded: 1858
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Glassdoor: 3.7
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