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Job #: 9915 - Loss Mitigation Lead

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JOB DESCRIPTION
Job #: 9915
Status: Active
Title: Loss Mitigation Lead
Job Location: District of Columbia
Mid-Atlantic (DE, DC, MD, NJ, NY, PA, VA & WV)
Job Categories: CreditAdmin/LoanPolicy/Workout (CLW); Mortgage Banking (MORT); Retail/Consumer Bnkg. (RET)
Industries: Banking; Real Estate / Mortgage
Base Compensation:
Low: $75,000       High: $105,000
Total Compensation:
Low: $75,000       High: $105,000
Benefits: Holiday, vacation, and 401K after meeting time requirements
Overnight Travel: No Required Travel
Is Employer Willing to Relocate?: No
Employment Type: Contract / Temporary
 
Why is This a Great Opportunity?
Consulting opportunity in the secondary mortgage market. Mortgage experience is highly valued in the current economic environment and likely for years to come. Project is expected to last at least 3 months. This is a consulting/temporary position. Pay is $35-$50/hour depending on qualifications
 
Job Description:
Loss Mit Lead will provide key documentation, tracking, organization, writing, analytic, and logistical set up for various preferred loss mitigation strategies (PLMS), process and strategic initiatives. Work will include set up and early implementation of targeted initiatives. Loss Mit Lead will also help shape framework for implementing and testing disposition modes for PFS, DIL, and TPS eligible properties. Work will include: • Identification and filtering of potential loan populations for inclusion in tactical strategies • Development of memos, process flows, Powerpoint and other materials to assist in implementation and evaluation • Management of process/projects and accountability for outcome • Coordination with external partners to include Servicers • Coordination with internal partners to include servicing directors, portfolio managers, analytic modelers, and REO project teams • Build out of fastrack handoff to REO Sales team for targeted DIL properties • Coordination with REO Best Execution process development team
 
QUALIFICATIONS
Mandatory Minimum Qualifications - Must Have: Minimum 5 years residential loss mitigation experience Excellent communication skills (written and verbal) Hands-on/Attention to Detail MS Visio
 
Education: None
 
Certifications: None
 
Licenses: None
 
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