HL Home Preservation Officer

Columbia Bank; United States; On-site; USD 34,000 - 45,000; Full time

Benefits offered by this job

Health insurance

401(k) with employer match

Employee assistance program

Life insurance

Disability insurance

Tuition assistance

Mental health resources

Identity theft protection

Legal support

Auto and home insurance

Pet insurance

Online discount marketplace

Paid vacation

Sick days

Volunteer days

Holidays

Job summary

Columbia Bank in Hillsboro, OR is seeking a Loss Mitigation Specialist to manage mortgage workout activities onsite and coordinate with borrowers and investors.

You will analyze borrower financials, determine eligibility for forbearance or modification, review bankruptcy filings, and ensure compliance with bank and investor guidelines throughout the process.

Qualifications

• Proven ability to collect and analyze borrower income, assets and current debt obligations.
• Knowledge of two of Freddie Mac, Fannie Mae, FHA, VA, GNMA, OHA or USDA.
• Strong verbal and written communication skills with cross-functional collaboration.
• Analytical and problem-solving skills; proficient with MS Office.

Responsibilities

• Manage Loss Mitigation/Home Preservation, collections and related activities.
• Analyze borrowers’ financial situations to resolve problem mortgage loans.
• Oversee multi-investor pipeline and process correspondence with customers.
• Ensure compliance with bank regulations and investor guidelines; coordinate inspections and workouts.

Skills

Collections

Loss Mitigation

Financial Analysis

Communication

Negotiation

Education

H.S. Diploma/GED

Bachelor's Degree in business/finance

Tools

MS Word

Excel

MS Office

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 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

Pay:

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.

• comprehensive healthcare coverage (medical, dental, and vision plans)
• 401(k)-retirement savings plan with employer match for qualifying associate contributions
• 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
• paid vacation
• sick days
• volunteer days
• 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.

Our culture is built on Do RIGHT:

Which means: Relationships: We create authentic connections with customers, colleagues, and communities. Impact: Every role here makes a meaningful difference in people’s lives and local economies. Growth: We invest in your success with career development, mentorship, and learning opportunities. Heart: We care deeply about doing what’s best for our customers and each other. Trust: Integrity and transparency guide everything we do.

Why work for Columbia Bank?

A strong, stable financial foundation with over $67 billion in assets and a diverse portfolio that supports flexibility and opportunity. A culture of belonging and purpose, where your ideas matter and your work has impact. Competitive benefits and flexibility designed to help you thrive personally and professionally. Community engagement that matters, from supporting local businesses to empowering youth through financial literacy initiatives.

Ready to Do RIGHT for your career, your community, and your future? Explore opportunities and join Columbia Bank today.