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Repossession Specialist

Job in Colorado Springs, El Paso County, Colorado, 80509, USA
Listing for: Ent Credit Union
Full Time position
Listed on 2026-01-14
Job specializations:
  • Administrative/Clerical
Salary/Wage Range or Industry Benchmark: 80000 - 100000 USD Yearly USD 80000.00 100000.00 YEAR
Job Description & How to Apply Below
Position: Repossession Specialist I

2 days ago Be among the first 25 applicants

Ent Credit Union and Wings Credit Union are joining forces in January 2026. This merger means more opportunities, expanded resources, and a shared commitment to delivering exceptional member service. Together, we become more - empowering members, communities, and teams through a bold, unified future. Both organizations bring a strong legacy of member satisfaction, operational excellence, financial stability, and community impact. Recognized locally and nationally as best-in-class financial institutions and employers of choice, each is known for its commitment to financial well‑being and philanthropic leadership.

Join us during this transformative time and be part of shaping the future of banking! To learn more about the merger, here.

Job Description

The primary function of this position is to call, send notices, and collect past due consumer loans in a timely manner while maintaining Ent's collection policies, State and Federal laws, as well as a high level of member service. This position will also handle repossession assignments and back up the Remarketing Specialist when absent, scheduling the delivery of cars to vendors to prepare the car for sale and answering member questions.

An additional function is to monitor impounded vehicles (Colorado Springs Police Department or other agency impounds or towing companies) and vehicles at repair facilities once notified of a potential loss of lien. These efforts will thus result in the reduction of net loss.

Essential Functions
  • Make collection calls, send notices per policies, and transfer funds when appropriate on past‑due consumer loans. Assign vehicles for repossession as needed per policy, monitor and follow up with repossession agents. Monitor impounded or held vehicles so Ent does not lose its lien.
  • Make sure all legal notices to repossess have been sent prior to repossession. Verify we have title with good lien and proper enforce ability documents such as Note and Security Agreement.
  • Coordinate with the Support Specialist and have all Allied Solutions' claims filed timely once discovered that repossession agents cannot locate collateral, the repossessed vehicle is damaged, etc., if there is CPI on loan. If the repossessed vehicle has member insurance and if damaged, file Repo Plus claims.
  • Monitor impounded or held vehicles so Ent does not lose its lien by updating the Impound Spreadsheet in the Collection folder.
  • Back up the Repossession Specialists as needed, this may include but is not limited to organizing the delivery of cars to vendors and answering member questions.
  • Follow up on collateral after assignment using Repossession agent websites and Akcelerant on a regular basis.
  • Bank Secrecy Act:
    Remain cognizant of and adhere to Ent policies and procedures, and regulations pertaining to the Bank Secrecy Act.
Qualifications

Minimum Formal Qualifications for this Position

  • High School Diploma/G.E.D. or Equivalent.
  • 2+ years’ collections experience. Required.
Technical or Specialized Knowledge / Skills
  • Ability to add, subtract, multiply and divide in all units of measure using whole numbers, common fractions, and decimals.
  • Must possess excellent verbal communication skills.
  • Proficient in PC skills, Word, Excel and Outlook, and the ability to learn and use the credit union's equipment and software programs.
  • Ability to become familiar with the collection policies and procedures in general, delinquencies and State and Federal laws governing same.
Certifications Required
  • None
Environmental, Physical and Psychological Requirements
  • Standing – Occasionally
  • Walking – Occasionally
  • Sitting – Frequently
  • Lifting – Rarely (40 Lbs)
  • Carrying – Rarely
  • Pushing – Rarely
  • Pulling – Rarely
  • Balancing – Rarely
  • Stooping – Rarely
  • Kneeling – Rarely
  • Crouching – Rarely
  • Crawling – Rarely
  • Reaching – Occasionally
  • Handling – Occasionally
  • Grasping – Occasionally
  • Feeling – Occasionally
  • Talking – Frequently
  • Hearing – Frequently
  • Repetitive Motions – Frequently
  • Eye/Hand/Foot Coordination – Occasionally
  • Noises louder than normal speaking volume – Occasionally
  • Temperature Changes – Rarely
  • Atmospheric Conditions – Rarely
Additional Information

The pay range for this position is: $23…

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