Loss Mitigation Portfolio Strategist
5 days ago
We are seeking an experienced Loss Mitigation Manager to lead our team in minimizing financial loss for World Finance. This role involves managing a distressed account portfolio and developing solutions with your team members.
Key Responsibilities:- Drive performance on distressed account collections and develop effective mitigation strategies
- Support the Loss Mitigation team through coaching, training, and decision-making
- Create, maintain, and evaluate all Loss Mitigation processes to optimize results
- Track and monitor performance KPIs associated with Loss Mitigation strategies
- Negotiate terms with customers to reach mutually beneficial agreements
- Maintain accurate records of all communications and transactions
- Collaborate with internal teams to execute mitigation strategies effectively
- Bachelor's degree in finance or a related field is preferred
- Extensive experience in Loss Mitigation or Loan Modification roles
- Proven leadership skills with ability to drive performance through leadership
- Strong analytical and problem-solving skills
- Excellent communication and negotiation abilities
- Proficient with Microsoft Excel, Word, and other Microsoft products
- Knowledge of relevant regulations and compliance standards
The estimated salary range for this position is $60,000 - $80,000 per annum, based on location and experience. We offer a competitive benefits package, including health insurance, retirement savings plan, and opportunities for professional growth.
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