Loss Recovery Representative
$42,640–$42,640 year
On-siteAgoura Hills, California, United States
Job Summary
Manage and collect on charged-off accounts to recover assets and minimize loss for Westlake Financial. Contact customers via outbound and inbound calls to arrange payment solutions, negotiate payment plans based on customer circumstances, and conduct extensive skip tracing to locate customers or vehicles. Maintain accurate records of account activity and vehicle recovery progress while collaborating with team members to support department goals. Handle multiple priorities efficiently in a fast-paced environment, ensuring confidentiality of all customer information and technology systems.
Required Qualifications
- Strong skip-tracing background with the ability to locate customers and collateral effectively
- Excellent communication, negotiation, and written skills with a professional, goal-oriented attitude
- Flexible availability – able to work overtime and weekends as needed
- Proven ability to multitask and meet tight deadlines in a fast-paced environment
- Typing speed of at least 35 WPM with solid attention to detail
- Driven to meet goals and motivated to grow within the department
- Thorough understanding of state and federal collection laws, including the Fair Debt Collection Practices Act (FDCPA)
- Minimum of 2 years of experience in the automotive finance industry, with knowledge of collections, repossession, and skip tracing
- Ability to assess and value collateral accurately
- Proficient with computer systems, including Microsoft Excel, Outlook, and other office software
- Comfortable using web-based applications and online skip-tracing tools
- High school diploma or equivalent required
Desired Qualifications
- college coursework preferred
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