Senior Default Recovery Specialist - Legal Action And Real Estate

Fairstone Bank

Base: $62,000 - $75,000 py; bonus/equity: not spec...
Hybrid
Manage portfolio of impaired accounts
Instruct solicitors and real estate agents
Educate mortgagors on legal repercussions
Mitigate and/or eliminate financial losses due to delinquent or unpaid balances of all mortgage products

Job Summary

  • Mitigate and/or eliminate financial losses due to delinquent or unpaid balances of all mortgage products.
  • Responsible for the management of a portfolio of impaired accounts located Nationwide, including instructing solicitors, property managers and real estate agents.
  • This is a temporary 12-month contract role with an expected base salary range of $62,000 - $75,000 per year.

Matching Summary

Mitigate and/or eliminate financial losses due to delinquent or unpaid balances of all mortgage products.

Salary

Base: $62,000 - $75,000 per year; Bonus/Equity: Not specified; Benefits: Not specified

Skills & Requirements

Must-have

  • Manage portfolio of impaired accounts
  • Instruct solicitors and real estate agents
  • Educate mortgagors on legal repercussions
  • Achieve recovery targets
  • Adhere to internal controls and guidelines

Nice-to-have

  • Champion core values and ethics
  • Proactive risk mitigation
  • Subject matter expert for training

Key Requirements

  • Minimum 4 years senior mortgage collection experience
  • Minimum 2 years working knowledge of Mortgage Remedy Law
  • Working knowledge of real estate handling and disposal

Work Rights

Not specified

Tailored Resume

Cover Letter