Current jobs related to Asset Recovery Specialist - Toronto - Vault Credit Corporation


  • Toronto, Canada Vault Credit Corporation Full time

    **Who we are**: Vault is a non-bank owned private lending company offering a wide array of financial services such as mortgages, business loans, equipment leasing as well as many other lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We deliver products and services that meet our...


  • Toronto, Canada Vault Credit Corporation Full time

    **Purpose**: Working with our Asset Recovery Team and responsible for all assigned accounts placed for repossession, by seeking and recovering company assets using effective tools available. In addition, this role requires collection of payments on past due accounts, including late charges, payment penalties, interim rent, restructures, payment plans and...


  • Toronto, Canada Vault Credit Corporation Full time

    **Who we are**: Vault is a non-bank owned private lending company offering a wide array of financial services such as mortgages, business loans, equipment leasing as well as many other lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We deliver products and services that meet our...


  • Toronto, Canada Vault Credit Corporation Full time

    Who we are:Vault is a non-bank owned private lending company offering a wide array of financial services such as mortgages, business loans, equipment leasing as well as many other lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We deliver products and services that meet our borrowers'...


  • Toronto, Ontario, Canada QuadReal Full time

    About QuadReal Property GroupQuadReal Property Group is a global real estate investment, operating, and development company headquartered in Vancouver, British Columbia. Its assets under management total $77.6 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and...


  • Toronto, Ontario, Canada QuadReal Full time

    About QuadReal Property GroupQuadReal Property Group is a global real estate investment, operating, and development company headquartered in Vancouver, British Columbia. Its assets under management total $77.6 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and...


  • Toronto, Ontario, Canada QuadReal Full time

    About QuadReal Property GroupQuadReal Property Group is a global real estate investment, operating, and development company headquartered in Vancouver, British Columbia. Its assets under management total $77.6 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and...


  • Toronto, Ontario, Canada Canadian Mental Health Association Toronto Branch Full time

    Position Overview: Addiction Recovery SpecialistThe Addiction Recovery Specialist plays a crucial role in the Addictions Program, focusing on delivering holistic support to individuals affected by substance use and mental health challenges. This position emphasizes community-oriented and virtual care, aiming to enhance the quality of life and promote...


  • Toronto, Ontario, Canada Canadian Mental Health Association Toronto Branch Full time

    Position Overview: Concurrent Disorder Specialist – Addictions ProgramThe Concurrent Disorder Specialist plays a crucial role within the Addictions Program, focusing on providing holistic support to individuals facing challenges related to both mental health and substance use. This position is integral to our commitment to delivering exceptional care...


  • Toronto, Ontario, Canada Manulife Full time

    About Manulife Manulife is a global financial services group dedicated to helping our customers make better decisions and improve their lives. With offices around the world, we provide financial advice, insurance, and wealth management solutions to millions of customers. Role Overview We are seeking a highly motivated Disaster Recovery Specialist to join...


  • Toronto, Ontario, Canada Canadian Mental Health Association Toronto Branch Full time

    Position: Addiction Recovery Specialist – Mental Health ServicesRole OverviewAs a crucial member of the MHJ Addictions team, the Addiction Recovery Specialist will play an essential role in delivering holistic support to individuals navigating the complexities of mental health and substance use challenges. This position focuses on providing exceptional...


  • Toronto, Ontario, Canada Definity Full time

    Job SummaryWe are seeking a highly skilled Disaster Recovery Specialist to lead our enterprise technology disaster recovery program at Definity. As a key member of our team, you will be responsible for developing and implementing a comprehensive disaster recovery strategy, ensuring business continuity and minimizing downtime in the event of a disaster.Key...


  • Toronto, Ontario, Canada Definity Full time

    Job SummaryWe are seeking a highly skilled Disaster Recovery Specialist to lead our enterprise technology disaster recovery program at Definity. As a key member of our team, you will be responsible for developing and implementing a comprehensive disaster recovery strategy, ensuring business continuity and minimizing downtime in the event of a disaster.Key...


  • Toronto, Canada Tangerine Full time

    **Requisition ID**: 192854 Tangerine is Canada’s leading direct bank. We offer flexible and accessible banking options, innovative products, and award-winning Client service. The reason why Tangerine employees come to work each day is to help Canadians live better lives. We focus on making a difference in our communities, and that includes our own...


  • Toronto, Canada Resonaite Full time

    Our client in the public sector is looking for a contract based Cyber DR and BC specialist. Ideal candidate will focus on maintaining business continuity programs, and disaster recovery plans in order to ensure the security of information systems, and technology.Location: Hybrid TorontoDuration: 6 months + 6 months extensionResponsibilities:Work with cross...


  • Toronto, Canada Resonaite Full time

    Our client in the public sector is looking for a contract based Cyber DR and BC specialist. Ideal candidate will focus on maintaining business continuity programs, and disaster recovery plans in order to ensure the security of information systems, and technology.Location: Hybrid TorontoDuration: 6 months + 6 months extensionResponsibilities:Work with cross...


  • Toronto, Canada Resonaite Full time

    Our client in the public sector is looking for a contract based Cyber DR and BC specialist. Ideal candidate will focus on maintaining business continuity programs, and disaster recovery plans in order to ensure the security of information systems, and technology.Location: Hybrid TorontoDuration: 6 months + 6 months extensionResponsibilities:Work with cross...


  • Toronto, Canada Resonaite Full time

    Our client in the public sector is looking for a contract based Cyber DR and BC specialist. Ideal candidate will focus on maintaining business continuity programs, and disaster recovery plans in order to ensure the security of information systems, and technology. Location: Hybrid Toronto Duration: 6 months + 6 months extension Responsibilities: Work with...


  • Toronto, Ontario, Canada Zurich Insurance Company Full time

    Senior Claims Recovery SpecialistZurich Canada is actively looking for a Senior Claims Recovery Specialist to enhance our team. In this position, you will be tasked with assessing legal accountability and diligently pursuing, negotiating, and resolving subrogation collections. Your role will also involve liaising with insured parties, witnesses, legal...


  • Toronto, Ontario, Canada Zurich Insurance Company Full time

    Senior Claims Recovery SpecialistZurich Canada is actively looking for a Senior Claims Recovery Specialist to enhance our team. In this position, you will be tasked with assessing legal accountability and diligently pursuing, negotiating, and settling subrogation collections. Your role will also involve liaising with insured parties, witnesses, legal...

Asset Recovery Specialist

4 months ago


Toronto, Canada Vault Credit Corporation Full time

**Who we are**:
Vault is a non-bank owned private lending company offering a wide array of financial services such as mortgages, business loans, equipment leasing as well as many other lending products. Vault has a devoted team of experts with years of experience in both financial services and real estate. We deliver products and services that meet our borrowers' diverse needs quicker and easier than any traditional sources

**Who you are**:
**Essential Job Duties and Responsibilities**:

- Assist on accounts received for repossession to third party repossession companies as approved by the company.
- Assist the repossession department with communication with customers that want to pay to avoid repossession.
- Send notifications to customers regarding (Notice of Sale) the sale of the asset.
- Calculate deficiency balance once the sale proceeds have been received and sent deficiency letters on a timely manner
- Contact customers/insurance brokers to obtain insurance renewals and contact customers upon receipt of an insurance cancellation.
- Assist with all assigned accounts that are not in repossession through daily calls, letters, monitoring ACH transactions, etc.
- Negotiate pay off balances, settlements, or payment arrangements on past due and charged off accounts.
- Identify accounts which need to become non-accrual or charged-off early.
- Locate lessee through various skip tracing techniques
- Analyze lessee’s financial information by reviewing credit bureau reporting.
- Overcome lessee’s stalls and objections and suggest money sources for debt payment.
- Answer and respond to all incoming calls on assigned queues.
- Maintain daily and monthly performance standards set by management.
- Meet weekly with collections team to review accounts and progress.
- Maintain and update accurate account records, including accurate notes in Lease Plus/Aspire for every account activity or conversation held.
- Monitor payment arrangements placed by the Litigations Manager
- Other duties and special projects as assigned.

**Knowledge, Skills and Experience required (unless otherwise noted)**:

- High School diploma or GED required, plus a minimum of four (4) years collections experience in a commercial/consumer industry, preferably with past due accounts of over thirty (30+) days.
- Thorough knowledge and understanding of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
- Interpretation of consumer credit reports including Equifax
- Excellent organizational and time-management skills. Must be detail oriented.
- Ability to research and understand the different types of equipment in the market to stay informed when working with the repossession companies.
- Strong interpersonal/internal customer service skills.
- Ability to assess if equipment is cost effective to pursue.
- Ability to research the asset fair market value and cost of recovery
- Effectively control costs of recovery (transport, bailiff costs etc.)
- Ability to make judgment calls in a quick & timely fashion.
- Ability to calculate figures and amounts such as interest and percentages.
- Ability to work well under the pressure of meeting tight deadlines in a timely manner.