Debt Recovery Officer

17 hours ago

Barrie ON LN C, Canada NorthLake Financial Full time $40,000 - $60,000 per year

About Northlake Financial:

Northlake Financial team is growing If you are a committed and collaborative professional looking to contribute to a hard-working, innovative team, this opportunity is for you.

Why Work for us?

Northlake understands the needs of its employees. Northlake Financial is revolutionizing the Canadian automotive finance industry with a full spectrum of dynamic rates and services for dealers. We specialize in the acquisition and servicing of prime and subprime automotive financing contracts. Our employees flourish in an exciting and engaging environment.

Purpose:

This role will support the Recovery & Remarketing department. What defines success in this role is the ability to work as a team utilizing strong technical and decision-making skills and the ability to embrace change. This is a high-volume fast-paced environment where you require strong attention to detail and the ability to adjust to the daily needs of the group

Responsibilities:

  • Responsible for collecting recovery dollars on post charge off debts through settlements and short-term payment arrangements
  • Assessing files for legal action, agency assignments, and repossessions
  • Reviewing credit bureaus and customer financial circumstances to determine the right course of action to recover on outstanding debts
  • Collaborating with the repossession and remarketing team to help determine if repossession of missing vehicles worth pursuing
  • Reviewing charge off files to identify what actions have been conducted previously in order to determine the next course of action
  • Conducting skip trace activities to locate missing debtors and motor vehicles to maximize recoveries

Requirements:

  • Must be able to work between 7am-9pm, Monday to Friday and Saturday's
  • Shifts will be determined on business needs, and are subject to change
  • Confident judgment
  • Organized with excellent time management skills

  • Flexible and adaptable to constant change

  • Strong attention to detail and organizational skills

  • Ability to cope with high pressure and tight deadlines

Qualifications:

  • High school diploma or equivalent education required
  • 1-2 years experience in recovery and remarketing or relatable field
  • Intermediate skill set in Microsoft 365 & Adobe

Compensation:

  • Base Salary starting at $40,000 annually
  • Competitive Commission Structure with performance-based earning potential
  • Your Birthday off, paid
  • Paid wellness days
  • Comprehensive Benefits Package including health and dental coverage
  • Employee Assistance Program (EAP) for mental health and wellness support
  • Bonusly employee recognition and rewards platform

Northlake Financial appreciates all interest in this position. We are an Equal Employment Opportunity employer and all decisions are based on merit and business needs and not on race, colour, creed, age, sex, gender, sexual orientation, national origin, religion, marital status, medical condition, physical or mental disability, military service, pregnancy, childbirth, and related medical conditions or any other classification protected by Canadian Human Rights Commission. This applies to all practices relating to recruitment and hiring, compensation, benefits, discipline, transfer, termination and all other terms and conditions of employment.

Northlake is committed to providing reasonable accommodation to applicants with disabilities. If you require any additional support, email the hiring manager.

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