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Debt Resolution Specialist

Job in Itasca, DuPage County, Illinois, 60143, USA
Listing for: Creative Financial Staffing, LLC
Full Time position
Listed on 2026-08-27
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Loan Servicing, Portfolio & Asset Management, Credit Analyst
Salary/Wage Range or Industry Benchmark: 75000 - 105000 USD Yearly USD 75000.00 105000.00 YEAR
Job Description & How to Apply Below

Senior Debt & Asset Recovery Specialist

Our Client is seeking a Senior Debt & Asset Recovery Specialist to join its Asset Recovery team in Itasca. This role is focused on managing complex, late-stage delinquency portfolios with an emphasis on asset preservation, recovery strategies, repossessions, loss mitigation, and negotiations
.

The ideal candidate brings a strong background in asset-based collections
, understands how to maximize recovery outcomes, and is comfortable making judgment calls regarding workouts, payment arrangements, skip tracing strategies, and repossession activity.

Key Responsibilities for the Senior Debt & Asset Recovery Specialist
  • Manage a portfolio of highly delinquent asset-based accounts
  • Develop and execute recovery strategies to maximize asset recovery and minimize losses
  • Conduct advanced skip tracing to locate borrowers, collateral, and assets
  • Utilize TLO, CLEAR, and other investigative tools to support recovery efforts
  • Manage escalated customer situations and difficult negotiations
  • Monitor KPIs including recovery rates, cycle times, and portfolio performance
  • Document account actions, recommendations, and recovery outcomes
Qualifications for the Senior Debt & Asset Recovery Specialist

Required:

  • 5+ years of experience in asset recovery, repossessions, loss mitigation, or late-stage collections
  • Strong understanding of secured collateral and asset-based lending environments
  • Advanced skip tracing experience
  • Hands-on experience using TLO and/or CLEAR
  • Experience evaluating repossession, recovery, and workout strategies
  • Strong negotiation and conflict-resolution skills
  • Ability to manage a high-volume portfolio while maintaining attention to detail
  • Proficiency with Microsoft Office, particularly Excel

Preferred:

  • Consumer finance, equipment finance, automotive finance, or asset-based lending experience
  • Recovery leadership or mentoring experience
  • Experience with portfolio analytics and recovery performance metrics
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