Debt Resolution Specialist

Senior Debt & Asset Recovery SpecialistOur 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 SpecialistManage a portfolio of highly delinquent asset-based accountsDevelop and execute recovery strategies to maximize asset recovery and minimize lossesConduct advanced skip tracing to locate borrowers, collateral, and assetsUtilize TLO, CLEAR, and other investigative tools to support recovery effortsManage escalated customer situations and difficult negotiationsMonitor KPIs including recovery rates, cycle times, and portfolio performanceDocument account actions, recommendations, and recovery outcomesQualifications for the Senior Debt & Asset Recovery SpecialistRequired:5+ years of experience in asset recovery, repossessions, loss mitigation, or late-stage collectionsStrong understanding of secured collateral and asset-based lending environmentsAdvanced skip tracing experienceHands-on experience using TLO and/or CLEARExperience evaluating repossession, recovery, and workout strategiesStrong negotiation and conflict-resolution skillsAbility to manage a high-volume portfolio while maintaining attention to detailProficiency with Microsoft Office, particularly ExcelPreferred:Consumer finance, equipment finance, automotive finance, or asset-based lending experienceRecovery leadership or mentoring experienceExperience with portfolio analytics and recovery performance metrics