Credit Operations – Repossession and Appraisal Officer
About this position
Responsibilities
• Oversee repossession process for delinquent accounts, ensuring compliance with company policies and legal regulations
• Coordinate external vendors to facilitate asset recovery process
• Conduct field visits to assess the condition of collateral and coordinate repossession efforts.
• Maintain accurate records of all repossession activities, including documentation and communications.
• Conduct thorough appraisals of repossessed assets (vehicles, equipment, etc.) to determine their fair market value.
• Collaborate with external partners to do asset disposal via auction/reselling process
• Work closely with other departments, such as Collections, Legal, and Risk Management.
Requirements
• Bachelor’s degree in Finance, Business Administration, or a related field.
• Minimum of [2-3 years] experience in repossession, appraisal, or a related field, preferably in the multi-finance industry.
• Able to work in a fast paced environment.