Manager, Foreclosure/OREO, Loss Mitigation & Bankruptcy
External job listingat SECU Credit Union
Manage foreclosure, OREO, loss mitigation and bankruptcy operations at SECU Credit Union, supporting staff, members and recovery processes.
Salary
Not provided
Location
Linthicum Heights, United States
Employment type
Full time
Workplace
Not provided
Manager, Foreclosure/OREO, Loss Mitigation & Bankruptcy
Linthicum Heights, United States
Job description
About the role
SECU Credit Union is seeking a manager to oversee the daily operations of the Foreclosure/OREO, Loss Mitigation & Bankruptcy department. The role supports staff, handles member escalations and partners with internal departments. The manager will work in the Linthicum, Maryland Headquarters one to two times per week.
Responsibilities
- Manage departmental daily operations and support staff.
- Handle member escalations and partner with internal departments.
- Serve as the primary contact for attorneys, investors, third party vendors and private mortgage Insurance companies.
- Manage processes to minimize delinquency and potential losses and maximize recoveries.
- Hire, train, motivate and coach employees, institute remedial actions when appropriate and monitor development plans.
- Adhere to regulations and organizational policies, including the Bank Secrecy Act and related regulations.
Requirements
- Excellent knowledge of residential Real Estate loans, Loss Mitigation, Foreclosure, Bankruptcy and servicing GSE loans.
- Maintain the awareness and knowledge required to perform the duties of the position.
Key facts
- Work in the Linthicum, Maryland Headquarters one to two times per week.
- Manage daily operations related to Foreclosure/OREO, Loss Mitigation & Bankruptcy.
- Requires excellent knowledge of residential Real Estate loans, Loss Mitigation, Foreclosure, Bankruptcy and servicing GSE loans.
Frequently asked questions
What does the manager oversee?
The role manages daily operations of the Foreclosure/OREO, Loss Mitigation & Bankruptcy department, supports staff and handles member escalations.
What knowledge does the role require?
The source calls for excellent knowledge of residential Real Estate loans, Loss Mitigation, Foreclosure, Bankruptcy and servicing GSE loans.
How often is work required at the headquarters?
The manager is required to work in the Linthicum, Maryland Headquarters one to two times per week.