Repossession Specialist I

Job Summary

Commerce Bank is seeking a detail‑oriented Repossession Specialist I to join our team in Kansas City, Jackson County, US. This entry‑level role supports the bank’s asset recovery efforts while ensuring compliance with state regulations.

Key Responsibilities

• Locate and secure assets subject to repossession, including vehicles, equipment, and real‑estate collateral.
• Coordinate with internal collections, legal, and field teams to schedule and execute repossession activities.
• Maintain accurate records of all repossession actions in the bank’s tracking system.
• Prepare detailed reports and documentation for audit and litigation purposes.
• Communicate professionally with borrowers, dealers, and law‑enforcement agencies while adhering to state and federal compliance standards.
• Assist senior specialists with complex cases and provide on‑the‑job training to new team members.

Qualifications

• High school diploma or GED required; associate degree or relevant certifications a plus.
• Valid driver’s license and clean driving record.
• Strong organizational skills and ability to manage multiple cases simultaneously.
• Excellent written and verbal communication skills.
• Basic knowledge of Missouri and Kansas repossession laws preferred.

Compensation & Benefits

Salary range: $39,520 – $45,552 annually, based on experience. Benefits include health insurance, 401(k) matching, paid time off, and opportunities for professional development.

Why Join Commerce Bank?

At Commerce Bank, you’ll be part of a culture that values community, growth, and financial stewardship. We invest in employee learning, encourage collaboration, and support a healthy work‑life balance.

Frequently Asked Questions

What does a Repossession Specialist I do at Commerce Bank?

The specialist locates, secures, and documents assets under repossession, works with collections and legal teams, and ensures compliance with state regulations.

What qualifications are needed for this position?

A high school diploma or GED, a valid driver’s license, strong organizational skills, and good communication abilities are required; knowledge of local repossession laws is preferred.

What is the salary range for this role?

The annual salary ranges from $39,520 to $45,552, depending on experience and qualifications.