Manager of Loss Mitigation

Job Summary

Managing delinquent and defaulted mortgage loans, the full-time Manager of Loss Mitigation will analyze financial risks, implement effective resolution strategies, and ensure compliance with regulations while working remotely.

Key responsibilities

• Analyze delinquent and defaulted mortgage loans to identify loss mitigation strategies and reduce financial risk
• Evaluate borrower circumstances and loan characteristics to determine appropriate resolution options, including reinstatement and modification
• Coordinate with legal and external partners to manage foreclosure timelines and support asset disposition activities

Required qualifications

• Bachelor's degree in Finance, Economics, Business, or a related field, or equivalent experience
• 5+ years of experience in mortgage servicing, default management, or loss mitigation
• 2+ years of experience with compliance and documentation requirements in mortgage servicing
• Advanced knowledge of loss mitigation guidelines and foreclosure processes
• Experience with Encompass or similar software preferred