Repossession Manager

Tata Consultancy Services Ltd

  • Cincinnati, OH
  • 7 days ago
  • $70,000–$85,000 Per Year

Highlights

To act as the designated "Qualifying Agent / Recovery Manager" responsible for regulatory compliance across U.S. states governing repossession, collector repossessor, and related licensing activities, ensuring adherence to the most stringent state-level requirements applicable to TEIL's operating model as a third party service provider (non repossession / forwarding entity). TCS, a global leader in IT services, consulting, and business solutions, leverages technology for business transformation and helps catalyze change.

Numbers & Facts

LocationCincinnati, OH
Salary$70,000–$85,000 Per Year

Description

TCS, a global leader in IT services, consulting, and business solutions, leverages technology for business transformation and helps catalyze change.

To act as the designated "Qualifying Agent / Recovery Manager" responsible for regulatory compliance across U.S. states governing repossession, collector repossessor, and related licensing activities, ensuring adherence to the most stringent state-level requirements applicable to TEIL's operating model as a third party service provider (non repossession / forwarding entity).

Key Responsibilities

  • Serve as the named Qualifying Agent / Manager for state licensing applications (e.g., Louisiana, California, Pennsylvania, etc.).
  • Maintain overall regulatory accountability for compliance with repossession related licensing frameworks.
  • Oversee compliance for activities including:

o Collateral location / skip tracing

o Delinquency resolution and borrower communications

o Forwarding assignments to licensed repossession agencies

  • Ensure strict alignment with licensing boundaries, avoiding activities that may trigger direct repossession licensing exposure.
  • Act as primary contact for regulators on licensing, compliance, and consumer complaint matters.
  • Support:

o License applications, renewals, and filings (multi state)

o Regulatory audits/inquiries

o Background and disclosure submissions

  • Review operational scripts/processes to ensure no:

o Suggestion of repossession authority

o Instructions to surrender collateral

o Misclassification as repossession operator

Key Competencies

  • Regulatory interpretation & compliance oversight
  • Strong documentation and audit readiness
  • Stakeholder management (regulators, external counsel, business teams)
  • Risk identification in grey area regulatory environments

TCS Employee Benefits Summary:

  • Discretionary Annual Incentive.
  • Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
  • Family Support: Maternal & Parental Leaves.
  • Insurance Options: Auto & Home Insurance, Identity Theft Protection.
  • Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
  • Time Off: Vacation, Time Off, Sick Leave & Holidays.
  • Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.

Salary Range: $70,000 - $85,000 per year

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