Loan Recovery & Loss Mitigation Specialist

Tompkins Bank & Trust; City of Ithaca (NY); In loco; USD 37.000 - 44.000; Tempo pieno

Vantaggi offerti da questo lavoro

Medical

Dental

Vision

401(k) Match

Profit Sharing

Paid Time Off

11 Holidays

Tuition Reimbursement

Free Parking

Descrizione del lavoro

Tompkins Bank & Trust is seeking a Loan Recovery Specialist to drive borrower resolution strategies, loss mitigation, and asset protection while minimizing financial losses. You will coordinate with borrowers, attorneys, and vendors to review information and evaluate workout options, forbearance, and loan modifications.

Responsibilities include overseeing foreclosure, repossession, OREO activities, and ensuring documentation and reporting meet regulatory and investor guidelines.

Competenze

• Four years of experience in loss mitigation, collections, recovery, lending, or related financial services.
• Demonstrated success in delivering high-quality customer service in complex or sensitive situations.
• Ability to work independently while managing competing priorities and meeting deadlines.

Mansioni

• Develop borrower resolution and loss mitigation strategies to avoid foreclosure or repossession.
• Coordinate with attorneys, agencies, vendors, and borrowers to support recovery outcomes and regulatory compliance.
• Manage delinquent accounts, bankruptcies, and recovery efforts with attention to documentation.

Conoscenze

Loss mitigation

Borrower engagement

Regulatory compliance

Documentation accuracy

Strong communication

Formazione

High School Diploma or equivalent

Descrizione del lavoro

Tompkins Bank & Trust is seeking a Loan Recovery Specialist to drive borrower resolution strategies, loss mitigation, and asset protection while minimizing financial losses. You will coordinate with borrowers, attorneys, and vendors to review information and evaluate workout options, forbearance, and loan modifications.

Responsibilities include overseeing foreclosure, repossession, OREO activities, and ensuring documentation and reporting meet regulatory and investor guidelines.