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Recovery Specialist

Truist Bank


Job Location:

Richmond, VA - USA

Monthly Salary: Not provided by the employer
Posted: 2 August 2026 (30+ days ago)
Application Deadline: 30 October 2026
Vacancies: 1 Vacancy

Job Summary

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Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

Process accounts that are in default and secured by collateral to minimize loss to Bank. Adhere to Government regulations state laws and Bank requirements as it relates to real-estate foreclosures and auto/rv/marine repossessions. Support clients which may include addressing escalated calls/complaints collaborate with vendors and internal business partners teammates (training guidance etc.) and managers (may coordinate daily operational workflow). Process required paperwork reporting and controls and use various tools systems and guidelines to help make workflow decisions.

Essential Duties and Responsibilities

Following is a summary of the essential functions for this job. Other duties may be performed both major and minor which are not mentioned below. Specific activities may change from time to time.

1. Independently process accounts secured by collateral that are in varying stages of default to work towards resolution. Prepare review analyze and retain department reporting.
2. Minimize risk by complying with Federal regulations state laws Bank policy and Unit procedures. Identify mitigate or communicate any issues or concerns to appropriate parties.
3. Leverage multiple systems/business tools to monitor determine/support appropriate outcomes/actions.
4. Maintain positive working relationships between peers (provide guidance assist with training) and managers as well as clients repossession/ property preservation vendors foreclosure attorneys and internal partners.
5. Meet/exceed monthly teammate performance metrics (productive/quality) and some department level metrics as defined by manager.
6. Assist Manager with Quality monitors and departmental controls for process adherence.
7. May approve charge off reports within authorized level and sign off on loan documents for the Bank.
8. Engage in testing of new systems and processes.
9. Update training guides materials and help draft procedures.
10. Support preparation of audit deliverables.
11. Provide defined back-up support to Manager for business continuity.

Qualifications

Required Qualifications:

The requirements listed below are representative of the knowledge skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. High school diploma/GED
2. 3 years of successful Repossession Foreclosure and/or Default experience.
3. Ability to resolve complex situations related to business processes robust verbal written and interpersonal skills ability to work independently.
4. Demonstrate basic proficiency in computer applications such as Microsoft Office software products and familiar with internal job related systems.
5. Ability to multi-task and coordinate work.

Preferred Qualifications:

1. 4 years of Repossession Foreclosure and other job specific experience.
2. Higher level/secondary education some college Associates degree or Bachelors degree
3. Previous supervisory experience.

The annual base salary for this position is 45760.00 - 70940.00 USD Annual.

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits though eligibility for specific benefits may be determined by the division of Truist offering the offers medical dental vision life insurance disability accidental death and dismemberment tax-preferred savings accounts and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment along with 10 sick days (also prorated) and paid holidays. For more details on Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists defined benefit pension plan restricted stock units and/or a deferred compensation plan. As you advance through the hiring process you will also learn more about the specific benefits available for any non-temporary position for which you apply based on full-time or part-time status position and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race gender color religion citizenship or national origin age sexual orientation gender identity disability veteran status or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work


Required Experience:

IC


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