Asset Recovery Associate

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Founded in 1997, Paramount Capital Group is an established end-to-end consumer loan servicing company with private labelling capabilities and a best-in-class technology stack. With a mature compliance management system, Paramount is fully licensed for all facets of consumer loan and installment contract servicing across the U.S.

Summary:

We are seeking an experienced Asset Recovery Associate to assist with managing and processing vehicle titles, coordinating with repossession vendors, and insurance-related tasks. This position ensures the accurate tracking and retrieval of assets while maintaining compliance with company policies and legal regulations. The Asset Recovery Associate plays a key role in administrative tasks, data entry, and communication with clients, vendors, and internal departments.

Responsibilities:

• Process vehicle titles, ensuring accuracy and proper documentation for transfers, sales, and repossession.
• Coordinate with repossession vendors to ensure timely and efficient recovery of assets.
• Maintain detailed records of repossession activities and asset statuses in the company's database.
• Communicate with insurance companies regarding claims, coverage issues, and asset recovery.
• Assist in resolving title issues, including duplicate titles, lien releases, and title reassignments.
• Provide regular updates on the status of assets and insurance claims to relevant departments.
• Ensure compliance with state and federal regulations regarding repossessions, vehicle titles, and insurance.
• Prepare and submit required reports, forms, and documentation related to asset recovery.
• Assist with administrative tasks such as filing, data entry, and responding to inquiries from clients and vendors.

Qualifications:

• High school diploma or equivalent (Associate's degree or relevant certification is a plus).
• 1-2 years of experience in asset recovery, repossession, vehicle titles, or insurance processing.
• Strong organizational and time management skills, with attention to detail.
• Excellent communication skills, both written and verbal.
• Ability to work in a fast-paced environment and manage multiple tasks simultaneously.
• Proficiency in Microsoft Office (Word, Excel, Outlook)
• Knowledge of state and federal regulations related to repossessions and vehicle titles is preferred.

Working Conditions:

• Must be local to & on-site in our headquarters in King of Prussia, PA
• Office environment with occasional interaction with vendors and clients.
• May require occasional travel.

Benefits:

• Health and Dental benefits available after 60 days of employment
• 401(k) eligible after 1 year of employment
• Paid time off
• Job Type: Full-time, non-exempt
• Pay: $30 - 35/hour based on experience

Job Type: Full-time

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person