An established and reputable banking institution is seeking an Auto Asset Recovery Manager to lead all aspects of repossession operations, Collateral Protection Insurance (CPI), and total loss claims. This is a key leadership role responsible for overseeing the recovery and disposition of bank-owned vehicles while ensuring compliance with internal policies and regulatory guidelines.

Key Responsibilities:

• Oversee the assignment of defaulted auto loans to approved recovery agents, ensuring adherence to regulatory and company policies.
• Lead and manage a team of approximately 6, including coordinators, supervisors, and support staff.
• Coordinate with auto auctions to assess and maximize the resale value of repossessed vehicles.
• Evaluate damaged collateral and file insurance claims as needed.
• Review loan files for inconsistencies or potential fraud and escalate to appropriate departments.
• Approve and oversee post-sale processes, including the assignment of deficiency balances to collections agencies or legal representatives.

Qualifications:

• Minimum of 5 years of relevant experience in auto loan recovery, repossession, or a related financial services role.
• Strong understanding of vehicle values and the auto resale market.
• Excellent written and verbal communication skills.
• Proficiency in Microsoft Office, especially Excel for tracking and reporting.