Repossession Ops Lead

Valley Bank

Valley Bank

Operations

Posted on Mar 12, 2026
Responsibilities include but are not limited to:
  • Oversee all repossession activities, including coordination with third‑party recovery agents, auction houses, and motor vehicle offices.
  • Manage the liquidation process for repossessed collateral, including receipt and processing of funds from auctions and dealerships.
  • Prepare and file required documentation to obtain clear repossession titles and ensure all regulatory correspondence is issued accurately and on time.
  • Set and approve auction floor limits, coordinate vehicle sales, and determine redemption terms while communicating directly with customers when needed.
  • Maintain accurate reporting, reconcile general ledger accounts related to repossessions, and oversee the cancellation and processing of dealer add‑ons (e.g., warranty, GAP).
  • Develop and maintain management reports tracking repossession activity, collateral sales, and financial impacts.