Liquidation Manager

Jobtailor

Orange (CA)

On-site

USD 75,000 - 105,000

Full time

14 days+

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Job summary

Jobtailor in the United States (California) seeks a Loss Mitigation Negotiator to manage staff handling inquiries on short sales and deeds in lieu of foreclosure, analyze REO/short sale submissions, and coordinate negotiations for investor approval.

The role requires 5+ years in mortgage loss mitigation, strong negotiation skills, and travel up to 30%. Expect oversight of reporting and compliance, with interactions across real estate agents and attorneys.

Qualifications

  • High school diploma or equivalent work experience; some college courses in business or finance preferred.
  • Five (5) or more years’ mortgage industry experience.
  • Two (2) or more years of related experience in loss mitigation/negotiation required.
  • Knowledge of Microsoft Office Suite at intermediate level preferred.
  • Knowledge of mortgage/real estate terminology required.
  • Knowledge of industry and/or company-specific software in sales/collections required.
  • Ability to understand opposing points of view on highly complex issues and to negotiate and integrate different viewpoints.
  • Ability to make decisions that have significant impact on the immediate work unit and monitor impact outside the immediate work unit.
  • Ability to organize and prioritize own work schedule on short-term basis (longer than one month) and within allotted work schedules.
  • Ability to travel up to 30%.

Responsibilities

  • Manage the staff that receives inbound & outbound calls from borrowers, real estate agents, attorneys and/or an authorized third party with questions regarding short sale and deed in lieu of foreclosure requests.
  • Analysis of submitted Short Sale and REO transactions to assure investor approval and compliance.
  • Work with staff for timely negotiations and counter offer that reduces loss severity and meets or exceeds company-determined property valuation.
  • Submit negotiated files to senior management/ Investors for approval.
  • Decline purchase offers with excessive variance between purchase offer price and company-determined property valuation.
  • Monthly reporting and tracking of department matrix to Senior Management
  • Management of postponements of foreclosure sales when additional time is needed to review and approve short sale and or deed in lieu of foreclosure requests.
  • Attendance at Mediation/Settlement hearing – some travel required.
  • Perform other duties as assigned.

Skills

Loss Mitigation
Negotiation
Transaction Analysis
Compliance
Reporting
Property Valuation
Short Sale Processing
Deed in Lieu of Foreclosure
Mediation Attendance
Decision Making

Education

High school diploma or equivalent
Some college courses in business or finance preferred

Tools

Microsoft Office Suite
Industry-Specific Software

Job description

  • Manage the staff that receives inbound & outbound calls from borrowers, real estate agents, attorneys and/or an authorized third party with questions regarding short sale and deed in lieu of foreclosure requests.
  • Analysis of submitted Short Sale and REO transactions to assure investor approval and compliance.
  • Work with staff for timely negotiations and counter offer that reduces loss severity and meets or exceeds company-determined property valuation, and presents counter offer to real estate agents, attorney, and authorized third parties.
  • Submit negotiated files to senior management/ Investors for approval.
  • Decline purchase offers with excessive variance between purchase offer price and company-determined property valuation.
  • Monthly reporting and tracking of department matrix to Senior Management
  • Management of postponements of foreclosure sales when additional time is needed to review and approve short sale and or deed in lieu of foreclosure requests.
  • Attendance at Mediation/Settlement hearing – some travel required.
  • Perform other duties as assigned.
Requirements
  • High school diploma or equivalent work experience; some college courses in business or finance preferred.
  • Five (5) or more years’ mortgage industry experience.
  • Two (2) or more years of related experience in loss mitigation/negotiation required.
  • Knowledge of Microsoft Suite at intermediate level preferred.
  • Knowledge of mortgage/real estate terminology required.
  • Knowledge of industry and/or company-specific software in sales/collections required.
  • Ability to understand opposing points of view on highly complex issues and to negotiate and integrate different viewpoints.
  • Ability to make decisions that have significant impact on the immediate work unit and monitor impact outside the immediate work unit.
  • Ability to organize and prioritize own work schedule on short-term basis (longer than one month) and within allotted work schedules.
  • Ability to travel up to 30%.
  • Strong working knowledge of Microsoft Office Suite (Word, Excel, etc.)
Core Competencies

Demonstrates expertise in loss mitigation and negotiation within the mortgage industry, with a strong understanding of real estate terminology and compliance requirements. Proficient in managing staff and coordinating complex transactions while ensuring timely communication and reporting.

Highest-signal resume keywords
  • Loss Mitigation Negotiation
  • Mortgage Industry Experience
  • Real Estate Terminology Knowledge
  • Microsoft Office Suite Proficiency
  • Transaction Analysis and Compliance
ATS Optimization Keywords
Hard Skills
  • Loss Mitigation
  • Negotiation
  • Transaction Analysis
  • Compliance
  • Reporting
  • Property Valuation
  • Short Sale Processing
  • Deed in Lieu of Foreclosure
  • Mediation Attendance
  • Decision Making
Soft Skills
  • Organizational Skills
  • Prioritization
  • Communication
  • Problem Solving
  • Interpersonal Skills
Industry Keywords
  • Mortgage
  • Real Estate
  • Short Sale
  • REO Transactions
  • Foreclosure
  • Investor Approval
  • Loss Severity
  • Counter Offer
  • Third Party Negotiation
  • Sales/Collections
Tools & Technologies
  • Microsoft Office Suite
  • Industry-Specific Software
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