Navitas Credit Corp. · 1 month ago
Recovery Agent
US-SC-Columbia
Full-time
Onsite
New Grad, Entry LevelNavitas Credit Corp. is a financial services company focused on minimizing financial loss and maximizing recoveries. The Recovery Agent role involves effective negotiation and repossession strategies while navigating complex legal and operational processes.
BankingFinancial Services
Responsibilities
Maintain a thorough understanding of state and federal laws related to commercial repossession, including bankruptcy implications
Analyze contracts transferred to Recovery for collectability and feasibility of remedies
Negotiate repayment terms within established approval authority guidelines
Coordinate nationwide repossession and remarketing of equipment or determine when abandonment is appropriate
Follow up on equipment recovery through bankruptcy proceedings
Decide when to transfer contracts to the internal Debt & Resolution department
Minimize costs while maximizing recovery receipts
Update problem loan statuses monthly
Perform other related duties as assigned by management
Qualification
Required
Strong analytical skills
Sound judgment
Ability to navigate complex legal and operational processes
Thorough understanding of state and federal laws related to commercial repossession, including bankruptcy implications
Ability to analyze contracts transferred to Recovery for collectability and feasibility of remedies
Ability to negotiate repayment terms within established approval authority guidelines
Ability to coordinate nationwide repossession and remarketing of equipment or determine when abandonment is appropriate
Ability to follow up on equipment recovery through bankruptcy proceedings
Ability to decide when to transfer contracts to the internal Debt & Resolution department
Ability to minimize costs while maximizing recovery receipts
Ability to update problem loan statuses monthly
Ability to perform other related duties as assigned by management
Adaptability
Analytical Thinking
Business Acumen
Interpersonal Skills
Judgment & Decision-Making
Planning & Organization
Problem-Solving
Professionalism & Quality
Must be able to pass a background & credit check
Company
Navitas Credit Corp.
Navitas Credit Corp. is a financial services provider based in Florida.
Founded in 2008
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
$6MKey Investors
Noro-Moseley Partners
2010-03-01Series A· $6M
Leadership Team
Dan McMahan
Senior Vice President - Chief Credit Officer
Jacklynn Farbman Manning, CLFP
Chief Marketing Officer
Recent News
Company data provided by crunchbase