Senior Mortgage Loss Mitigation Leader

BOK Financial Corporation

Tulsa (OK)

On-site

USD 120,000 - 180,000

Full time

9 days ago
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Job summary

BOK Financial Corporation is seeking a Manager, Loss Mitigation in Tulsa to lead mortgage loss mitigation functions within the Mortgage division, ensuring compliance with investor and regulatory standards while refining reporting tools to track performance and risk. The role oversees a team, drives KPI-based actions, and partners with investors and regulators to improve outcomes.

The position emphasizes risk management, process optimization, and staff development to support the bank's strategic

Qualifications

  • 11–15 years in mortgage loss mitigation, including supervision.
  • Strong knowledge of investor guidelines (FHLMC, FNMA, FHA, VA).
  • Advanced mortgage servicing lifecycle understanding.
  • Excellent communication and analytical skills.

Responsibilities

  • Ensure loss mitigation activities comply with investor guidelines, regulatory requirements, internal policies, and laws; maintain borrower/investor communications.
  • Monitor performance, processes, and reporting to improve efficiency and financial results.
  • Drive strategies to maximize incentive revenue and reduce fee-related risk through quality control.
  • Identify and mitigate operational, financial, regulatory, and reputational risks with strong controls.
  • Lead, coach, and develop team members; oversee performance management and growth.
  • Establish KPIs, implement corrective actions, and resolve complex account situations.
  • Represent the department with internal and external stakeholders and maintain industry relationships.

Skills

Loss Mitigation
Leadership
Mortgage Servicing
Regulatory Knowledge
Data Analysis
Excel
Communication
Project Management

Education

Bachelor's degree in Finance or related field

Tools

MS Office
Windows-based systems

Job description

BOK Financial Corporation is seeking a Manager, Loss Mitigation in Tulsa to lead mortgage loss mitigation functions within the Mortgage division, ensuring compliance with investor and regulatory standards while refining reporting tools to track performance and risk. The role oversees a team, drives KPI-based actions, and partners with investors and regulators to improve outcomes.

The position emphasizes risk management, process optimization, and staff development to support the bank's strategic

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