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Asset Recovery & Collateral Specialist

Job in Grand Rapids, Kent County, Michigan, 49528, USA
Listing for: Lake Michigan Credit Union
Full Time position
Listed on 2026-07-13
Job specializations:
  • Finance & Banking
    Loan Servicing
Salary/Wage Range or Industry Benchmark: 40000 - 55000 USD Yearly USD 40000.00 55000.00 YEAR
Job Description & How to Apply Below

Lake Michigan Credit Union is seeking a Repossession Specialist for our Grand Rapids, MI location. This full-time, on-site role focuses on preserving assets by controlling delinquent loan accounts, collecting payments, and recovering collateral.

You will analyze borrowers’ financial situations, value collateral, and provide management with recommendations for loan workout or repossession. You’ll attend auctions as needed and ensure PVGL targets are met.

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