Hybrid Collateral Recovery & Valuation Specialist

ADP, Inc.; Canton (MA); Hybrid; USD 45,000 - 48,000; Full time

Benefits offered by this job

Great Place to Work

Competitive pay

Health, dental, vision, life, and AD&D

401(k) with employer match

Hybrid work model

Paid time off and holidays

Tuition reimbursement

Job summary

Arise Financial is seeking a Financial Assistance Specialist III – Collateral in Canton, MA to manage the post-repossession process from repossession through final disposition, with a focus on moving vehicles efficiently while maximizing recovery and minimizing losses. You’ll oversee collateral documentation, titling, valuation, repairs, auction activity, and vendor coordination.

This role blends collateral expertise, financial analysis, vendor management, and sound judgment to make timely

Qualifications

• 2+ years of experience in auto finance, collections, repossession, remarketing, loan servicing, collateral management, or related financial services.
• Knowledge of vehicle valuation and remarketing practices including condition reports, auction values, floor pricing, repair decisions, and sale proceeds.
• Strong analytical and organizational skills with the ability to manage high volumes and deadlines.
• Ability to exercise sound judgment and make timely decisions within authority levels.
• Proficiency with Microsoft Office, including Excel, Word, and Outlook, and willingness to learn vendor systems.
• Strong written and verbal communication skills.

Responsibilities

• Manage assigned repossessed vehicles from repossession through auction sale and final disposition, minimizing days to sale and maximizing net recovery.
• Prepare, review, and issue Right to Redeem and other post-repossession notices within established timelines.
• Manage vehicle title activities, including obtaining, reviewing, tracking, and resolving title documentation.
• Review vehicle condition reports, valuations, market information, and historical auction results to support remarketing decisions.
• Establish and approve auction floor prices based on vehicle condition, market value, loan exposure, expenses, and anticipated recovery.
• Review bids and other auction offers and make recommendations within established authority.
• Evaluate repairs and reconditioning expenses based on impact to sale proceeds and marketability.
• Monitor repossession inventory and aging and address delays in title, transportation, repair, or auction processes.
• Track auction results, sale proceeds, fees, repair costs, transportation expenses, and other disposition-related activity.
• Maintain collateral records, approvals, titles, notices, auction documentation, correspondence, and vendor activity.
• Monitor vendor performance and identify opportunities to improve turnaround times and recovery results.
• Prepare and maintain reporting related to inventory, days to sale, auction performance, recovery proceeds, expenses, and title status.
• Maintain current knowledge of repossession, collateral liquidation, vehicle titling, auction practices, and regulatory requirements.

Skills

Auto finance

Collections

Repossession

Remarketing

Collateral management

Auction operations

Analytical thinking

Communication

Tools

Excel

Word

Outlook

Vendor systems

Job description

Arise Financial is seeking a Financial Assistance Specialist III – Collateral in Canton, MA to manage the post-repossession process from repossession through final disposition, with a focus on moving vehicles efficiently while maximizing recovery and minimizing losses. You’ll oversee collateral documentation, titling, valuation, repairs, auction activity, and vendor coordination.

This role blends collateral expertise, financial analysis, vendor management, and sound judgment to make timely