Financial Assistance Specialist III, Collateral
Compensation
$32.7 – $34.65 /hr
Employment type
Full-time
Work setting
Hybrid
Location
Canton, MA
Schedule
Day shift
Posted
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Job overview
The Financial Assistance Specialist III, Collateral is a hybrid role based in Canton, MA, with compensation of $32.70–$34.65 per hour. Arise Financial is building on its banking history with a focus on serving members and communities. The specialist manages repossessed vehicles from repossession through final disposition, balancing timely sales with recovery and loss reduction. The role coordinates collateral documentation, vehicle valuation, repairs, auctions, and vendors while working with internal lending, servicing, legal, and financial assistance partners.
What you'll do
- Manage assigned repossessed vehicles through auction sale and final disposition
- prepare and issue required post-repossession notices within established timelines
- obtain, review, track, and resolve title documentation
- assess condition reports, valuations, market information, and auction results
- establish auction floor prices
- review bids and offers
- evaluate repair and reconditioning recommendations
- monitor inventory and delays
- track sale proceeds, fees, repairs, and transportation expenses
- maintain collateral records and documentation
- monitor vendor performance
- prepare inventory, sale, recovery, expense, and title-status reports
- maintain knowledge of applicable practices and requirements.
What we're looking for
- Skills & competencies
- financial assistance specialist iiicollateralrepossessionvehicle remarketingauction operationsvehicle titlescollateral managementvendor coordinationhybridcanton maarise financialauto finance
- Work arrangement
- Weekend coverage required
Benefits & perks
- Health, dental, vision, life, and AD&D benefits
- 401(k) with employer match
- paid time off and holidays
- tuition reimbursement
- professional development
- hybrid work flexibility
- annual incentive or bonus potential.
Why this role
Hybrid work-from-home flexibility requires at least three days per week in the office. The posting states that the Credit Union will not sponsor a new applicant for employment authorization.
About the employer
Arise Financial is hiring for this role. Industry: Credit Unions. Sector: 52.
Additional details
- Industry sector
- 52
- Industry
- Credit Unions
- Occupation code
- 13-2072.00
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Listing ID: c1b589bd-b03f-4371-9b5d-6683218659a5