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Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in managing defaulted loans and implementing effective loss mitigation strategies while maintaining strong communication with borrowers and investors. Proficient in analyzing workout options and preparing detailed reports to support decision-making processes.
Highest-signal resume keywords
Mortgage ExperienceLoss Mitigation StrategiesCommunication SkillsDocument ReviewPipeline Management
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 Mitigation ProcessDocument ValidationWorkout Option AnalysisProposal DevelopmentBiometric Verification
Soft Skills
Customer GuidanceNegotiationRelationship ManagementProblem SolvingIdea Generation
Tools & Technologies
Reporting SystemsLoan Management Systems
Industry Keywords
Defaulted LoansForeclosureShort SaleDeed In LieuInvestor Relations
About the role
Key responsibilities & impact- Manage a portfolio of loans in default
- Implement loss mitigation strategies
- Review and validate documents
- Answer technical foreclosure questions from borrowers
- Analyze workout options for delinquent loans, including foreclosure, short sale, reinstatement, and deed in lieu
- Deliver proposals for the option yielding the best return for the investor
- Negotiate loss mitigation strategies with investors
- Set expectations with borrowers and involved parties regarding loan status and difficult decisions through final resolution
- Manage relationships with internal departments and business partners
- Track updates, analyses, and decisions in appropriate systems
- Generate ideas for improvement and increased efficiency
- Support implementation of new ideas and initiatives
- Prepare periodic and ad-hoc reporting
Requirements
What you’ll need- Minimum of 2 years of mortgage experience
- Bachelor’s degree
- Exemplary written and spoken communication skills
- Ability to guide customers and investors through retention and/or liquidation processes and navigate on their behalf
- General knowledge of the entire loss mitigation process
- Ability to independently work a pipeline effectively
- Ability to complete secure biometric and device identity verification
- Must meet employment eligibility verification requirements
Benefits
Comp & perks- Medical, Dental, and Vision Insurance: free employee-only coverage; heavily discounted dependent premiums
- Health Savings Account (HSA): annual employer contribution of $1,000 for individual coverage and $2,000 for dependents
- Short-term and long-term disability insurance
- Group life and AD&D insurance with coverage at 1x annual salary
- Remote work policy
- One-time office setup reimbursement of up to $500
- Monthly $85 stipend for internet and phone expenses
- Flexible Time Off with no strict limits, subject to manager approval
- Up to 8 weeks of paid medical or caregiver leave
- 12 weeks of paid maternity/paternity leave
- Short-term disability leave for birthing mothers
- 401(k) plan with Fidelity
- 100% company match on contributions up to 3% of compensation or $8,000, whichever is less
- Immediate vesting of employer contributions
- $6,000 bonus
