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Senior Default Loan Servicing Specialist
First American. Complete preliminary and final loan balance loss analysis reconciliation at loan liquidation .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates extensive expertise in Loss Analysis and corporate advance processes, with a strong understanding of mortgage liquidation and investor default guidelines. Proven ability to execute detailed reconciliations and respond effectively to client inquiries while adhering to strict policies and procedures.
Highest-signal resume keywords
Loss Analysis ExperienceCorporate Advance ExperienceMortgage Default EnvironmentGSE and Government ExperienceMSP and LoanSphere Experience
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Loss AnalysisCorporate AdvanceMortgage Liquidation ProcessesReconciliationDefault Step CodesPolicy ExecutionAttention to DetailInvestor Default Guidelines
Soft Skills
Verbal CommunicationWritten Communication
Tools & Technologies
MSPLoanSphereWindowsMicrosoft WordMicrosoft ExcelMicrosoft Outlook
Industry Keywords
EscrowPrincipal and Interest TransactionsInvestor GuidelinesSLA
About the role
Key responsibilities & impact- Complete preliminary and final loan balance loss analysis reconciliation at loan liquidation
- Reconcile REO and claim funds received to outstanding loan balances according to investor guidelines
- Complete balance reconciliation between outstanding balances and REO/claim funds received
- Complete all loss analysis within the required SLA
- Refer files for supplemental claims as required
- Act as a team resource and subject matter expert
- Respond to client questions pertaining to loss analysis activity
- Complete default step codes and tasking
Requirements
What you’ll need- High School diploma or equivalent
- Minimum 10 years of direct Loss Analysis experience
- 10+ years of corporate advance experience
- 10+ years in a mortgage default environment
- Loss analysis or corporate advance experience
- Understanding of corporate advances, escrow, principal and interest transactions
- Ability to understand and execute policy and procedures
- Extreme attention to detail and ability to adhere to strict guidelines and procedures
- Working knowledge of fundamental concepts, practices and procedures of investor default guidelines
- Working knowledge of mortgage liquidation processes
- Good verbal and written communication skills
- GSE and Government experience a must
- MSP and LoanSphere experience a must
- Working knowledge of Windows, Microsoft Word and Excel, Internet and Microsoft Outlook; experience preferred
- College preferred but not required
Benefits
Comp & perks- Medical insurance
- Dental insurance
- Vision insurance
- 401k
- PTO/paid sick leave
- Employee stock purchase plan
- Inclusive, people-first workplace culture
- Equal opportunity employment