Lead Loss Mitigation Specialist - Bankruptcy & Foreclosure

Arise Financial; Canton (MA); Hybrid; USD 44,000 - 50,000; Full time

Benefits offered by this job

Great Place to Work

Competitive pay

Annual incentive/bonus potential

Comprehensive benefits (health, dental

vision, life, and AD&D)

401(k) with employer match

Hybrid work from home flexibility

Generous paid time off and holidays

Tuition reimbursement and development

Job summary

Arise Financial in the United States seeks a Loss Mitigation Specialist III – Bankruptcy & Foreclosure to manage complex delinquent accounts with a focus on bankruptcy, foreclosure, and loan modification. You will serve as a subject matter expert for the Financial Assistance team, ensuring timely, compliant resolutions.

This role combines advanced account management with regulatory knowledge, collaborating with attorneys, trustees, investors, and internal partners.

Qualifications

• High School Diploma or equivalent required; Bachelor's degree preferred.
• 3–5 years of progressive experience in collections, loan servicing, loss mitigation, bankruptcy or related function.
• Strong knowledge of bankruptcy, foreclosure, loss mitigation and related regulations.

Responsibilities

• Manage complex delinquent accounts involving bankruptcy, foreclosure, loss mitigation, and loan modifications from referral through resolution.
• Serve as SME on bankruptcy and foreclosure processes, timelines, and notices.
• Monitor Chapter 7/13 cases, coding, payments, claims and servicing requirements.
• Coordinate foreclosure activities with attorneys, trustees, investors, and internal teams.
• Evaluate borrower financials for loan modifications and loss mitigation eligibility.
• Maintain accurate loss mitigation records and regulatory reporting submissions.
• Support audits, regulatory requests, and vendor coordination as needed.

Skills

Bankruptcy

Foreclosure

Loss mitigation

Loan modification

Regulatory knowledge

Communication skills

Analytical skills

Attention to detail

Education

High School Diploma or equivalent

Bachelor's degree preferred

Tools

Microsoft Office

Excel

Word

Outlook

Loan servicing systems

Job description

Arise Financial in the United States seeks a Loss Mitigation Specialist III – Bankruptcy & Foreclosure to manage complex delinquent accounts with a focus on bankruptcy, foreclosure, and loan modification. You will serve as a subject matter expert for the Financial Assistance team, ensuring timely, compliant resolutions.

This role combines advanced account management with regulatory knowledge, collaborating with attorneys, trustees, investors, and internal partners.