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Loss Mitigation Specialist III (Mortgage Default Management)
This job is now closed
Job Description
- Req#: R_1386377
Employer Industry: Banking and Financial Services
Why consider this job opportunity:
- Salary up to $40.25 per hour
- Opportunity for career advancement and growth within the organization
- Flexible remote work arrangement with required onsite meetings quarterly
- Comprehensive benefits package, including health and well-being benefits, savings and retirement programs, and paid time off
- Supportive training and onboarding programs to ensure success in the role
- Engaging work environment focused on community and client value
What to Expect (Job Responsibilities):
- Initiate processing and resolution of bankruptcy, foreclosure, and workout activities for assigned accounts
- Resolve escalated issues by collaborating with staff and external contacts
- Provide training and mentoring for new and less experienced staff
- Coordinate with attorneys and other parties to research estates in bankruptcy and minimize losses
- Execute necessary legal documents related to loan servicing and collection
What is Required (Qualifications):
- Associate's degree or equivalent work experience required
- Minimum of 3 years' experience in a related field
- Proven knowledge of effective collection regulations and practices
- Detailed understanding of bankruptcy law and real estate transactions
- Strong verbal and written communication skills
How to Stand Out (Preferred Qualifications):
- Experience with foreclosure procedures and legal regulations
- Familiarity with workout options and specific state regulations
- Knowledge of real estate investor and insurer guidelines
- Proficiency in PC skills relevant to the role
- Experience in training or mentoring staff
#Banking #FinancialServices #CareerOpportunity #RemoteWork #ProfessionalDevelopment
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