HL Home Preservation Officer

Columbia Bank; Hillsboro (OR); On-site; USD 3,444,000 - 4,546,000; Full time

Benefits offered by this job

Healthcare coverage

401(k) retirement plan with employer

Paid time off

Job summary

Columbia Bank is seeking a Loss Mitigation Specialist in Hillsboro, OR to manage collections and workout processes for mortgage loans. You will analyze borrowers’ finances, coordinate with investors and service providers, and ensure compliance with banking regulations.

This role involves in-person collaboration and cross-training within a team. Qualifications include a diploma or degree, strong analytical and communication skills, and proficiency with MS Office.

Qualifications

• H.S. Diploma/GED preferred.
• Bachelor's degree in business, finance, or equivalent preferred.
• Ability to analyze borrower income, assets and debt obligations to assess hardship.
• Knowledge of multiple investors (Freddie Mac, Fannie Mae, FHA, VA, GNMA, OHA, USDA).
• Strong verbal and written communication with stakeholders across the company.
• Analytical and problem-solving skills; proficient with common software.

Responsibilities

• Manage Loss Mitigation/Home Preservation and collections per investor policies.
• Perform collections and adjust delinquent accounts via phone or written contact.
• Maintain accurate records of past due accounts and follow-up actions.
• Analyze borrowers' finances to resolve single-family mortgage delinquencies.
• Oversee multi-investor pipeline and document communications with customers.
• Review bankruptcy filings, payments and litigation items.
• Order property inspections and services per investor guidelines.
• Complete investor and insurance loss claim forms across channels.
• Ensure compliance with bank regulations and ongoing training.
• Maintain knowledge of Bank Secrecy Act and related policies.

Skills

Income analysis

Asset analysis

Debt analysis

Communication skills

Analytical thinking

Education

H.S. Diploma/GED

Bachelor's degree in business finance

Tools

MS Word

Excel

Job description

About The Role

In this role you will manage Loss Mitigation/Home Preservation, collections and related activities based on investor policies and procedures.

• Perform collection activities and adjust delinquent accounts while corresponding with customers and investors by telephone and/or written communication.
• Maintain accurate record of past due accounts and collection efforts and continues with follow up actions.
• Analyze borrowers’ financial situations with the ultimate goal of resolving problem single family mortgage loans and managing them through a workout process which may include forbearance, repayment, modification, short sale, deed-in-lieu and foreclosure.
• Oversee and manage a multi-investor pipeline, including processing written correspondence to and from assigned customers to ensure timely and accurate communication.
• Participate in frequent in-person meetings, brainstorming sessions, and collaborative projects to support team collaboration and cross-training efforts.
• Responsible for reviewing and tracking bankruptcy filings, payments and other litigation items.
• Responsible for ordering property inspections and other services to secure property per investor guidelines up to and including eviction processing.
• Responsible for completing all investor and insurance loss claim forms through various channels including various investors.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become "Business Bank of Choice".
• May perform other duties as assigned.

About The Role

In this role you will manage Loss Mitigation/Home Preservation, collections and related activities based on investor policies and procedures.

• Perform collection activities and adjust delinquent accounts while corresponding with customers and investors by telephone and/or written communication.
• Maintain accurate record of past due accounts and collection efforts and continues with follow up actions.
• Analyze borrowers’ financial situations with the ultimate goal of resolving problem single family mortgage loans and managing them through a workout process which may include forbearance, repayment, modification, short sale, deed-in-lieu and foreclosure.
• Oversee and manage a multi-investor pipeline, including processing written correspondence to and from assigned customers to ensure timely and accurate communication.
• Participate in frequent in-person meetings, brainstorming sessions, and collaborative projects to support team collaboration and cross-training efforts.
• Responsible for reviewing and tracking bankruptcy filings, payments and other litigation items.
• Responsible for ordering property inspections and other services to secure property per investor guidelines up to and including eviction processing.
• Responsible for completing all investor and insurance loss claim forms through various channels including various investors.
• Demonstrates compliance with all bank regulations for assigned job function and applies to designated job responsibilities – knowledge may be gained through coursework and on-the-job training. Keeps up to date on regulation changes.
• Follows all Bank policies and procedures, compliance regulations, and completes all required annual or job-specific training.
• Maintain a working knowledge of Bank's written policies and procedures regarding Bank Secrecy Act, Regulation CC, Regulation E, Bank Security and other regulations as applicable to this job description.
• May be asked to coach, mentor, or train others and teach coursework as subject matter expert.
• Actively learns, demonstrates, and fosters the Columbia corporate culture in all actions and words.
• Takes personal initiative and is a positive example for others to emulate.
• Embraces our vision to become "Business Bank of Choice".
• May perform other duties as assigned.

About You

• H.S. Diploma/GED (preferred)
• Bachelor's Degree in business, finance, or equivalent (preferred)
• Proven ability to collect and analyze borrower income, assets and current debt obligations to determine eligible financial hardship has been met.
• Knowledge of two of the following third party investors, Freddie Mac, Fannie Mae, FHA, VA, GNMA, OHA and USDA.
• Demonstrate strong verbal and written communication skills, with ability to work effectively with individuals and groups across the company to manage internal and external customer relationships.
• Possess strong analytical and problem-solving skills.
• Proficient with personal computer and related software packages, including MS Office Word, and Excel, and other business machines.

Travel Requirements

• Occasional

The pay range for this role is $25.00 - $33.00.

The pay rate for the selected candidate is dependent upon a variety of non-discriminatory factors including, but not limited to, job-related knowledge, skills, and experience, education, and geographic location. The role may be eligible for performance-based incentive compensation, and those details will be provided during the recruitment process.

Primary Location

Ability to work fully onsite at posted location(s).

9285 NE Tanasbourne Drive Hillsboro OR 97124

Our Benefits

We are proud to offer a competitive total rewards package including base wages and comprehensive benefits.

We offer eligible associates comprehensive healthcare coverage (medical, dental, and vision plans), a 401(k)-retirement savings plan with employer match for qualifying associate contributions, an employee assistance program, life insurance, disability insurance, tuition assistance, mental health resources, identity theft protection, legal support, auto and home insurance, pet insurance, access to an online discount marketplace, and paid vacation, sick days, volunteer days, and holidays. Benefit eligibility begins the first day of the month following the date of hire for associates who are regularly scheduled to work at least thirty hours weekly.

Our Commitment To Diversity

Columbia Bank is an equal opportunity and affirmative action employer committed to employing, engaging, and developing a diverse workforce. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected status or characteristics. If you require an accommodation to complete the application or interview(s), please let us know by email: [e-mail].

To Staffing And Recruiting Agencies

Our posted job opportunities are only intended for individuals seeking employment at Columbia Bank. Columbia Bank does not accept unsolicited resumes or applications from agencies and Columbia Bank will not be responsible for any fees related to unsolicited resume submissions. Staffing and recruiting agencies are not authorized to submit profiles, applications, or resumes to this site or to any Columbia Bank employee and any such submissions will be considered unsolicited unless requested directly by a member of the Talent Acquisition team.