Default Management Foreclosure Assc 4

About the role

The Default Management Foreclosure Associate supports the foreclosure process by managing mortgage loans from foreclosure referral through foreclosure sale. This role focuses on timeline management, compliance, and risk mitigation by ensuring foreclosure actions are completed accurately, timely, and in accordance with state, investor, and internal guidelines.

Responsibilities

• Manage foreclosure files from referral through foreclosure sale, ensuring required actions are completed within established timelines
• Conduct pre-sale reviews (typically within 30 days of scheduled sale) to confirm all requirements are met to proceed
• Review foreclosure timelines and exception reports to ensure files are progressing appropriately
• Determine when issues can be resolved versus when foreclosure sales must be postponed
• Verify legal authority to foreclose and ensure required documentation is complete and accurate
• Partner with internal teams to resolve issues and support compliant foreclosure progression
• Maintain accurate documentation and records in required systems and reports

Requirements

• Typically a college degree, or equivalent work experience
• Typically five or more years of related experience

Preferred Qualifications

• Experience in default management, foreclosure, mortgage servicing, or related operations
• Experience reviewing timelines, documentation, or compliance-driven processes
• Ability to work independently with minimal supervision
• Strong critical-thinking and problem-solving skills
• High attention to detail and ability to manage time-sensitive work
• Basic computer skills, including Excel, generating reports, printing to PDF, and running scripts

Location Expectations

This position is a hybrid role which has weekly onsite attendance requirements of 3+ days a week in our Owensboro, KY - Tamarack Rd Hub.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

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

Review our full benefits available by employment status here.

Pay

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. Pay Range: $20.87 - $27.84 per hour.

In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase, 401(k) contribution, and pension (all benefits are subject to eligibility requirements).