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Manager – Loss Mitigation
Newrez LLCManager responsible for overseeing Loss Mitigation functions, ensuring compliance and quality control while leading a team. Collaborating across departments to maintain high standards of service and efficiency.
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 MitigationSQLMicrosoft WordMicrosoft ExcelFinancial statement analysisTax return analysisCredit report analysisHome appraisal analysisTitle search analysisMortgage lending
Soft Skills
LeadershipCoachingOrganizational skillsAttention to detailSelf-motivationAnalytical skillsProblem solvingNegotiation skillsCommunication skillsTime management
Certifications & Qualifications
High school diplomaBachelor’s degree
Industry Keywords
CollectionsForeclosureBankruptcyREOPre-foreclosure remediesLate-stage collectionsModificationsShort salesInvestor guidelinesQuality controls
Tech Stack
Tools & technologiesSQL
About the role
Key responsibilities & impact- Oversees the day-to-day tasks and performance of Loss Mitigation
- Acts as a liaison with other departments to foster efficiency and high-quality output
- Undertakes special projects related to departmental activities and performs other duties as assigned
- Ensure compliance with all Investor guidelines and quality controls are in place to protect Shellpoint and its clients
- Provide positive leadership and coaching, including performance measurements, appraisals and other actions impacting employee job related functions
- Evaluates job performance continually and provides on-going coaching
- Maintains, updates and creates process and procedure documentation for the Loss Mitigation team
- Prepare weekly/monthly reports and monitor time frames and work performance
- Promotes an attitude of optimism and progress
- Prepares and presents workflow and results to Senior Management and clients as needed
- Assists in the control of company expenses through intelligent use of funds to resolve accounts and managing staffing and miscellaneous costs
- Ensure department policies and procedures are maintained and timely updates are submitted
- Continually review and refine processes to ensure efficiency and accuracy
- Performs related duties as assigned by management
Requirements
What you’ll need- High school diploma or equivalent, required
- Bachelor’s degree, preferred
- 6-8 years’ Loss Mitigation experience
- 3-5 years’ supervisory experience
- Proficient in Microsoft Word and Excel
- Proficiency in SQL a plus
- Excellence in consulting and advising customers via telephone and written communication
- Understanding of collections
- Foreclosure, bankruptcy and REO experience preferred
- Experience analyzing financial statements, tax returns, credit reports, home appraisals, title searches and other documents to evaluate pre-foreclosure remedies
- Demonstrated strong skill set for organization and attention to detail
- Self-Motivated
- Ability to work independently with minimal supervision
- Strong analytical, problem solving and mathematical skills
- Understanding of mortgage lending and servicing, particularly late-stage collections, modifications, and short sales
- Strong negotiating and follow-up skills, as well as the ability to meet strict deadlines
Benefits
Comp & perks- Medical, dental, and vision insurance
- Health Savings Account with employer contribution
- 401(k) Retirement plan with employer match
- Paid Maternity Leave/Parental Bonding Leave/Caregiver Leave
- Adoption Assistance
- Tuition & Certification reimbursement
- Employee Mortgage Loan Program
- Employee Emergency and Disaster Fund