Loss Mitigation Team Lead

Description

A&D Mortgage - Financial Holding Company successfully providing residential and commercial loans for more than 20 years, based in Florida.

We represent our A service in states but are striving to obtain licenses in every State of the US and to become a Nationwide Mortgage Lender.

Our employees are our most valuable resource, and their knowledge and expertise play an important role in achieving our client’s goals.

We have 200 employees, and it’s just the beginning!

Overall Responsibility:

We are seeking a Loss Mitigation Team Lead to join our team. In this role, you will be responsible for generating new business by reaching out to potential clients, handling broker inquiries and requests, and managing broker loan information. You will also be responsible for generating interest in refinance, purchase, or investment opportunities and following up with brokers.

Key Responsibilities:

• Works with the Loss Mitigation team to minimize losses on delinquent mortgages by working according to investor guidelines.
• Provide guidance and leadership for management and staff.
• Lead and mentor staff to develop and reinforce skills, improve processes and procedures, and increase overall effectiveness.
• Supervises the analysis of financial statements, tax returns, credit reports, valuation reports, and title reports to approve the appropriate resolution for the customer.
• Tracks, monitors, and measures employee performance according to department standards
• Provides feedback monthly.
• Oversees and facilitates the training of new employees.
• Maintains training and support materials for the Loss Mitigation Specialist job.
• Maintain process and procedure documentation for the Loss Mitigation team, create process and procedure documentation where it doesn’t currently exist.
• Ensure that the appropriate entity (yourself, a client, or a mortgage insurance company) has reviewed and approved a Loss Mitigation Workout
• Oversees the day-to-day tasks and performance of the Loss Mitigation Specialists
• Assists in the control of company expenses through intelligent use of funds to resolve accounts and manage staffing and miscellaneous costs.
• Arranges for contractual services relating to property inspections, appraisers, real estate agents, etc., who may be involved in the inspection or evaluation of the collateral.
• Schedules and monitors all employee time records
• Ensures compliance with company policies and procedures.
• Undertakes special projects related to departmental activities and performs other duties as assigned.

Qualifications

• Minimum of 1 year of Loss Mitigation experience
• Minimum of 3-5 years supervisory experience
• Proficient in Microsoft Word and Excel
• Excellence in consulting and advising customers via telephone and written communication.
• Foreclosure, Bankruptcy, and REO are required.
• 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.
• Strong negotiating and follow-up skills, as well as the ability to meet strict deadlines.
• Self-Motivated
• Ability to work independently with minimal supervision.
• Strong analytical, problem solving and mathematical skills to be used to improve the team’s performance.
• Understanding of mortgage lending and servicing.

Benefits:

• Corporate training and development opportunities.

• Comprehensive salary and benefits package.

• Great Corporate events.

• Career growth and advancement opportunities.

• Health benefits.

• 401(k) Plan.

• HSA.

Equal Opportunity Employer

At A&D Mortgage, we value diversity and are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.

Reasonable Accommodation

If you require reasonable accommodations to participate in the job application or interview process, perform crucial job functions, or receive other benefits and privileges of employment due to a disability, please contact us to request accommodation.

If you meet the qualifications for this position and are interested in joining our team, please apply through our website or send your resume and cover letter to our HR department. Thank you for considering A&D Mortgage as your potential employer, and we look forward to hearing from you.