Job Description
About the Role
The Default Recovery Specialist is responsible for mitigating and eliminating financial losses arising from delinquent or unpaid balances on mortgage products. Operates independently, prioritizes work, and manages a portfolio of impaired accounts nationwide, following company policies and procedures. Responsibilities
Delinquency/Impairment Resolution and Loss Mitigation
- Conduct in‑depth assessments of customers, property title, and security to mitigate losses and oversee legal enforcement activities, including working with solicitors, property managers, and real estate agents. Customer and Business Partner Experience
- Provide clear, concise information to clients and third parties, maintain respect in all interactions, and oversee loan‑level responsibilities for all business partners. Operational Effectiveness
- Deliver recommendations for workout solutions and marketing proposals, achieve cure targets on files, and ensure ...
The Default Recovery Specialist is responsible for mitigating and eliminating financial losses arising from delinquent or unpaid balances on mortgage products. Operates independently, prioritizes work, and manages a portfolio of impaired accounts nationwide, following company policies and procedures. Responsibilities
Delinquency/Impairment Resolution and Loss Mitigation
- Conduct in‑depth assessments of customers, property title, and security to mitigate losses and oversee legal enforcement activities, including working with solicitors, property managers, and real estate agents. Customer and Business Partner Experience
- Provide clear, concise information to clients and third parties, maintain respect in all interactions, and oversee loan‑level responsibilities for all business partners. Operational Effectiveness
- Deliver recommendations for workout solutions and marketing proposals, achieve cure targets on files, and ensure ...