Highlights
The ideal candidate brings a strong background in asset-based collections , understands how to maximize recovery outcomes, and is comfortable making judgment calls regarding workouts, payment arrangements, skip tracing strategies, and repossession activity. This role is focused on managing complex, late-stage delinquency portfolios with an emphasis on asset preservation, recovery strategies, repossessions, loss mitigation, and negotiations .
Numbers & Facts
| Location | Itasca, IL |
| Industry | Financial Services |
| Company Size | 500 to 999 employees |
| Year Founded | 1994 |
| Website | http://www.cfstaffing.com/ |
Description
Senior Debt & Asset Recovery Specialist
Our Client is seeking a Senior Debt & Asset Recovery Specialist to join its Asset Recovery team in Itasca. This role is focused on managing complex, late-stage delinquency portfolios with an emphasis on asset preservation, recovery strategies, repossessions, loss mitigation, and negotiations.
The ideal candidate brings a strong background in asset-based collections, understands how to maximize recovery outcomes, and is comfortable making judgment calls regarding workouts, payment arrangements, skip tracing strategies, and repossession activity.
Key Responsibilities for the Senior Debt & Asset Recovery Specialist
- Manage a portfolio of highly delinquent asset-based accounts
- Develop and execute recovery strategies to maximize asset recovery and minimize losses
- Conduct advanced skip tracing to locate borrowers, collateral, and assets
- Utilize TLO, CLEAR, and other investigative tools to support recovery efforts
- Manage escalated customer situations and difficult negotiations
- Monitor KPIs including recovery rates, cycle times, and portfolio performance
- Document account actions, recommendations, and recovery outcomes
Qualifications for the Senior Debt & Asset Recovery Specialist
Required:
- 5+ years of experience in asset recovery, repossessions, loss mitigation, or late-stage collections
- Strong understanding of secured collateral and asset-based lending environments
- Advanced skip tracing experience
- Hands-on experience using TLO and/or CLEAR
- Experience evaluating repossession, recovery, and workout strategies
- Strong negotiation and conflict-resolution skills
- Ability to manage a high-volume portfolio while maintaining attention to detail
- Proficiency with Microsoft Office, particularly Excel
Preferred:
- Consumer finance, equipment finance, automotive finance, or asset-based lending experience
- Recovery leadership or mentoring experience
- Experience with portfolio analytics and recovery performance metrics
About Company
Founded by CPA firms in 1994, Creative Financial Staffing has spent over 30 years helping job seekers and employers succeed. In fall 2025, we rebranded as CFS—a name that reflects our full range of expertise while staying true to the trusted company you know.
CFS is the industry’s leading employee-owned staffing firm, connecting top talent in accounting, finance, technology, and human resources. We provide skilled professionals on both a temporary and permanent basis across diverse industries, leveraging our extensive network to match the right people with the right opportunities.
Our dedication to excellence extends to our award-winning culture, recognized repeatedly for growth, recruiting, workplace environment, and employee support. Honors include Forbes’ “America’s Best Recruiting and Temporary Staffing Firms,” Staffing Industry Analysts’ top U.S. staffing rankings, FlexJobs’ Top 100 Companies for Remote and Hybrid Work, Top Workplaces USA, Newsweek’s Best Practices awards, and more.
