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
Analyst managing financial modeling and due diligence for energy infrastructure investments. Collaborating with cross - functional teams and presenting findings to the Investment Committee.
FP&A Analyst supporting budget and cash management at Aqua Capital. Focus on financial modeling, data accuracy, and process improvements in a hybrid work environment.
Specialist Finance Business Partner responsible for delivering financial insights and business partnering at BHP Chile. Engaging stakeholders and managing budget for Brazil NOJV operations.
Junior Financial Analyst in a hybrid role at Afya, managing finance for educational programs like FIES and PROUNI. Contributing to students' financial success and compliance oversight.
Senior FP&A Manager at Roo shaping financial and strategic trajectory in veterinary staffing. Leading team and financial planning initiatives for operational excellence and executive collaboration.
Patient Financial Services Coordinator managing billing, collections, and payment plans in healthcare. Training provided for medical claims processes with a dynamic team.
Manager of Financial Planning & Analysis at Delta - Q Technologies supporting revenue and margin analysis. Leading complex modeling and actionable recommendations for performance improvement in a hybrid work environment.
Senior Investment Consultant providing investment advisory services for retirement plans at CBIZ. Establishing client relationships and facilitating technical investment expertise while ensuring compliance with regulations.
Finance Intern supporting Accounts Payable team in an international environment. Gaining hands - on experience while applying academic knowledge in real - world financial operations.
Tech Lead guiding investment technology teams at Rabobank. Shaping technology foundations and driving innovation in investment services for private banking.