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OneMain General Services Corporation

Repossession Specialist

Career Insights for Collections Specialist

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What they do

A Collections Specialist works for a company or credit agency to collect bill or account payments owed by customers. Reviews the amount of an overdue account, contacts customers to request payment, and negotiates payment plans as needed.

$45,123 / year median in Utah

-24% projected decline

Explore Career

Job Description

As a Repossession Specialist , you would be responsible for locating customers and collateral using various investigative (skip tracing) techniques. All duties and tasks must be completed by adhering to FDCPA and CFPB regulations. Manages a repossession queue to ensure collateral is recovered. Works with agents to approve fees, coordinate repossessions and provide the best possible information.
Location:
Onsite in
West Valley City, UT Schedule:
Monday through Friday from 9:00am-6:00pm with a rotating Saturday shift every 6 weeks.
Key Responsibilities:
Perform and complete skip tracing activities on all assigned accounts to prevent charge off and company loan loss. This includes inbound/outbound calls to discuss delinquency resolution. Maintain and establish new repossession and transport vendor relationships. Manage all accounts that have been assigned to them from the repossession assignment to the transportation of the vehicle to the auction. Completes required applicable paperwork including sending all required Federal and State regulation letters.
Requirements:
High School Diploma or GED Required Minimum of 2 years experience in collections with a focus on skip tracing customers to prevent loan loss Who we Are OneMain Financial (
NYSE:
OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we've looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future. Driven collaborators and innovators, our team thrives on transformative digital thinking, customer-first energy and flexible work arrangements that grow lives, careers and our company. At every level, we're committed to an inclusive culture, career development and impacting the communities where we live and work. Getting people to a better place has made us a better company for over a century. There's never been a better time to shine with OneMain. Because team members at their best means OneMain at our best, we provide opportunities and benefits that make their health and careers a priority. That's why we've packed our comprehensive benefits package for full- and some part-timers with: Health and wellbeing options for team members and their dependents Up to 4% matching 401(k) Employee Stock Purchase Plan (10% share discount) Tuition reimbursement Continuing education Bonus eligible Paid time off Paid volunteer time And more! OneMain Holdings, Inc. is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship status, color, creed, culture, disability, ethnicity, gender, gender identity or expression, genetic information or history, marital status, military status, national origin, nationality, pregnancy, race, religion, sex, sexual orientation, socioeconomic status, transgender or on any other basis protected by law.

Benefits

  • Paid Time Off (PTO)
  • Volunteer Time Off (VTO)
  • Financial Aid/Assistance
  • Professional Development