Loss Mitigation Specialist managing complex, defaulted accounts for U.S. Bank with a focus on resolution strategies and customer engagement. Involves analyzing accounts and maintaining records while ensuring compliance.
Responsibilities
Responsible for initiating, directing and pursuing prompt remediation of defaulted accounts
Review and analyze assigned accounts to determine enhanced collection strategy to employ utilizing the established tools and parameters
Be pro-active in finding resolution of problematic accounts and diligence in collecting legal and other applicable fees
Regularly contact customers with delinquent accounts in order to discuss their account status and work out payment arrangements
Prepare loss mitigation agreements and execute with the customer
Prepare for and provide account status updates and proposed action plans
Provide thoughtful and tactical analysis of accounts and maintain current follow-up on accounts assigned
Identifies and recommends strategies to maximize recovery and reduce losses
Requirements
Bachelor's degree, or equivalent work experience
Three to five years of experience in lending/account management activities
Good working knowledge of credit legal principles, accounting, economics, and financial statement analysis
Basic knowledge of lending interest rates, loan terms and conditions, and real estate methodologies
Good negotiation skills
Well-developed customer service/relations skills
Effective interpersonal, verbal and written communication skills
Benefits
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Finance Systems Analyst responsible for analyzing and enhancing finance systems at Peel Region. Collaborating with Finance and IT teams toward strategic and operational goals.
Project Lead overseeing development finance projects including background studies and policy updates for Norfolk County in Ontario. Engaging with stakeholders and leading financial analyses and recommendations.
Legal advisor on commercial mortgage loans supporting Lincoln’s Investments Legal Team. Providing legal expertise on transactions and collaborating with business teams on compliance and strategy.
Finance Operations Assistant supporting the Credit & Collections team at DWF. Involves training in a collaborative environment with responsibility for collections and cashiering functions.
Senior Associate performing financial due diligence for clients acquiring and divesting businesses. Interacting with management and preparing detailed financial analyses in a consulting environment.
Director role in Accounting and Finance Consulting practice. Overseeing financial planning, analysis, and client relationship management in a fast - paced setting.
Analyst pricing NPL portfolios at EOS Group. Collaborating on analytical forecasts and projects across various countries with a motivated and international team.
Finance and Risk Analyst working in a leading Virtual Power Plant in Europe. Analyzing market risks and supporting product profitability within the energy industry.
Assistenz der Geschäftsführung in einem Drogentherapie - Zentrum in Berlin. Organisieren des Empfangs und Unterstützung der Geschäftsführung in verschiedenen Aufgabenbereichen.
Senior Investment Associate managing a $4B book of business with HUB International. Supporting client advisory, investment research, and operational workflows in a collaborative environment.