Default Management Foreclosure Assc 4

U.S. Bank; Owensboro (KY); On-site; USD 29,000 - 39,000; Full time

Benefits offered by this job

Healthcare (medical, dental, vision)

401(k) and employer-funded retirement

Job summary

U.S. Bank is seeking a Default Management Foreclosure Associate in Owensboro, KY. You will manage mortgage files from referral through foreclosure sale, ensuring timely actions and compliance with investor and internal guidelines.

Responsibilities include pre-sale reviews, timeline management, and collaboration with internal teams to resolve issues while maintaining accurate records. This role is hybrid with on-site 3+ days weekly.

Qualifications

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

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.

Skills

Experience in foreclosure

Attention to detail

Time management

Independent work

Education

Bachelor's degree

Tools

Excel

Reporting tools

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at - all from Day One.

Job Description

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.

Key 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

Basic Qualifications

• 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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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. 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).

Pay Range: $20.87 - $27.84

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what you excel at - all from Day One.