Apply on Employer Site

AgFirst Farm Credit Bank · 3 months ago

Loss Mitigation Specialist I

Columbia, SC

Full-time

Onsite

Entry Level

1+ years exp

AgFirst Farm Credit Bank provides financing and technology services to support rural residents and agricultural operations. The Loss Mitigation Specialist I role focuses on providing exceptional customer service through loss mitigation administration and managing special requests in accordance with established guidelines.

BankingFinancial Services

Responsibilities

Process partial lien releases and special requests (e.g., Release of Liability, Easements, Subordinations) in accordance with Bank, investor, and insurer guidelines

Review and prepare lien releases and DMV mobile home title releases for execution by senior leadership

Track and monitor special requests using internal systems (e.g., CSG Assyst) and update procedures as needed

Collaborate with sub-servicers to resolve issues and ensure accurate handling of special requests

Monitor foreclosure and bankruptcy processes to ensure compliance with investor and statutory requirements

Order appraisals, inspections, and Broker Price Opinions to support loss mitigation efforts

Coordinate with investors and sub-servicers to determine borrower eligibility for loss mitigation programs and ensure compliance

Conduct monthly and quarterly reporting, including non-accrual reviews, TDR recommendations, and ASC310 reports

Manage real estate owned loans guaranteed by Farmer Mac, including marketing, sale recommendations, and delinquency reporting

Perform additional duties as assigned, including backup support for loan setup and reporting functions

Qualification

Loss mitigation experienceRegulatory compliance knowledgeAnalytical skillsCommunication skillsProfessionalismProblem-solving skillsWork independentlyConfidentiality