Foreclosure Specialist II

About the Role

As a Foreclosure Specialist II, you will manage various aspects of the foreclosure process with a high degree of autonomy and expertise. This mid-level role leverages your comprehensive understanding of legal and financial procedures to ensure accuracy and strict adherence to regulations. You will also mentor junior staff to ensure team-wide compliance and operational efficiency.

Responsibilities

• Foreclosure Case Management: Manage a caseload of foreclosure accounts, including reviewing loan documentation, tracking critical deadlines, and ensuring compliance with company policies and investor guidelines. Handle complex cases and resolve escalated issues.
• Document Preparation: Oversee the preparation and execution of essential legal documents, such as filings and deeds for judicial foreclosures, ensuring accuracy and compliance with legal and regulatory requirements.
• Stakeholder Communication: Communicate and collaborate with external parties, including attorneys, property preservation vendors, and other service providers. Requires professional communication and negotiation skills.
• Compliance and Accuracy: Ensure all foreclosure actions are accurate, timely, and compliant with federal, state, and investor requirements. Serve as a resource for best practices and regulatory changes.
• Financial Calculations: Manage the calculation of financial figures, such as judgment figures and bid amounts, and analyze financial data to determine the best course of action.
• Process Management: Identify opportunities for process improvements and contribute to the development of departmental policies and procedures.
• Mentorship and Guidance: Provide guidance and mentorship to Entry-Level Foreclosure Specialists, supporting their professional development and ensuring team efficiency.
• Special Projects: Participate in and/or lead special projects related to foreclosure processes, compliance, or system enhancements.

Requirements

• A high school diploma or equivalent; Bachelor's degree preferred.
• A minimum of two years of experience as a Foreclosure Specialist or two years in a related field.
• In-depth knowledge of federal, state, and investor requirements related to foreclosure.
• Proven ability to manage complex foreclosure cases and resolve escalated issues.
• Excellent written and verbal communication skills, with the ability to interact effectively with internal and external stakeholders.
• Strong analytical and problem-solving skills.
• Exceptional attention to detail and a commitment to accuracy.
• Proficiency in relevant software and systems, including Microsoft Office Suite.
• Ability to work independently and as part of a team. Strong leadership skills and a willingness to mentor junior staff.

Benefits

• Comprehensive Medical, Dental, and Vision coverage.
• Paid Time Off Programs including vacation, holidays, illness, and parental leave.
• Wellness Programs, Employee Recognition Programs, and onsite gyms and café-style dining (select locations).
• Retirement benefits, life insurance, 401k match, and tuition reimbursement.
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants, and corporate sponsorships.

Pay

Salary range: $45,000 - $66,000. Individual salary may vary based on role, geographic location, market data, skills, and experience. Some roles may be eligible for performance-based compensation and/or stock-based incentives.

Schedule

This is an office-based role.