Asset Recovery Specialist

About this role

SWBC is seeking a talented individual to assist in the sale of recovered vehicles to offset losses and assist client's in recovering their collateral.

Why you'll love this role:

This role will provide you with an understanding of how recovered collateral plays a large factor within the auto industry. Inception, lien perfection, recovery and collateral sales occur daily within this department. A willingness to learn in a fast-paced environment is the key to success in this field.

Essential duties include the following:

• Ensures that vehicles delivered to auctions nationwide are correctly stocked as SWBC units; requests condition reports from auction and entered into the claim diary; prints vehicle values and any damages are reviewed with the supervisor; requests  is made to the auction and followed closely until the vehicle is ready for sale if any reconditioning is approved; provides the auction with required title documents and supervisors floor pricing to set for sale; and forwards any auction bids directly to supervisor for counter, decline, or sale approval.
• Verifies all title documents and DMV processes; submits title packets to the particular DMV or title vendor for lien perfection; and informs both the Claims and Asset Recovery Departments of any changes to titling laws that will affect lien perfection.
• Ensures titles, current inventory, sold vehicles, complete/dormant files, paid claim files, and stored files are correctly listed in the Asset Recovery Logs.
• Processes reassignments to our vendors by providing all required documents.
• Maintains frequent contact with vendors and repossession agents to ensure recovered vehicles are delivered to auction in a timely manner.
• Enters updates from vendors into our history and provides clients with their weekly updates.
• Contacts tow facilities and law enforcement offices to provide documents and payment information needed for release of impounded units; and schedules pick-up and delivery to auction through independent repossession agents.
• Reviews all vendor invoices for accuracy before submitting to supervisor for payment approval.
• Reviews all documents provided by clients for Skip Assignments
• Prepares Letters of Intent and Guarantee of Title for supervisor review at the time of repossessions; inventories completed files for secure storage and orders any needed files from storage; and develops supply request for approval.
• Ensures reports associated with assignments, repossessions, titles and sales are maintained.

Serious candidates will possess the

minimum qualifications

• High School Diploma or equivalency.
• At least one (1) year of customer service, collections, auto remarketing or related experience.
• Working knowledge of current office related computer programs to include MS Word and Excel.
• Excellent interpersonal, organizational, and telephone etiquette skills.
• Strong workflow and communication skills, both in written and verbal.
• Able to type a minimum of 60 wpm accurately.
• Able to sit for long periods of time while processing recovered vehicle information.
• Able to stand, stoop, and kneel for long periods of time while filing and maintaining inventory.
• Able to lift and carry 10-20lbs of documents and other records as needed.
• SWBC offers*:
• Competitive overall compensation package
• Work/Life balance
• Employee engagement activities and recognition awards
• Years of Service awards
• Career enhancement and growth opportunities
• Leadership Academy and Mentor Program
• Continuing education and career certifications
• Variety of healthcare coverage options
• Traditional and Roth 401(k) retirement plans
• Lucrative Wellness Program
• *Based upon employee eligibility
• Additional Information:
• SWBC is a Substance-Free Workplace and requires pre-employment drug testing.
• Please note, SWBC does not hire tobacco users as allowed by law.
• To learn more about SWBC, visit our website at www.SWBC.com. If interested, please click the appropriate apply button.