Repo Coordinator II - M&T Bank Corporation : Job Details

Help to mitigate losses by coordinating the repossession of delinquent collateralized consumer bank auto & recreational vehicle loans (e.g., boats, RVs, motorcycles). Primary Responsibilities:Receive referrals from in-house Collections departments, typically at the 85 day past due point, or by way of voluntary repossessions. Coordinate the repossession and transportation of collateral with dedicated list of external repossession agents. Ensure repossession agents are provided with all necessary and accurate information to successfully recover collateral. Interact with in-house collectors, external vendors, attorneys and law enforcement to ensure successful recovery of collateral. Research value of collateral in order to provide information to Remarketing Team to determine the cost and benefit of repossession activity. Perform skip-tracing as necessary to locate collateral if repossession agents are unable to locate collateral after two attempts. Make customer contact in order to coord...Coordinator, Collateral, Banking, Business Services, Agent, External