Carrington Holding Company, LLC · 2 months ago
Sr Claims Recovery & Analysis Loss Specialist
Carrington Holding Company, LLC is a part of The Carrington Companies, which provide integrated mortgage loan servicing assistance. The Sr Claims Recovery & Analysis Loss Specialist is responsible for ensuring proper identification of incurred losses and accurate financial reconciliation on liquidated loans, while also validating loss analysis decisions and identifying bill back opportunities.
Financial ServicesReal Estate
Responsibilities
Review reconciliation of all loan advances once the GSE or Government Mortgage Insured “expense” claim has been paid
Confirm all prior tasking in LoanServ has been completed as well as update approval tasks as required per job aid upon the date the action occurs
Issue corrections identified during the Quality Review Process, communicating findings to Loss Specialist for remediation. Ensure Loss Specialist provides corrections as needed
Responsible for learning new skills and expand job knowledge to better perform assigned duties
Maintain monthly performance in alignment with quality expectations
Analyze multiple data elements in order to confirm the proper decision rationale and approve evidentiary support is included and written summaries are accurate
Validate research on incurred losses, using analytical skills and subject matter knowledge to confirm responsibility and bill back opportunities
Responsible for staying abreast of relevant changes to GSE or Government Mortgage Insured guidelines, industry standards and client expectations
Ensure timely completion of projects and tasks when assigned. If unable to meet a deadline, the deadline must be renegotiated prior to the initial deadline date
Look for opportunities to improve the department’s processes and procedures, to reduce costs and eliminate non-essential and manual processes and activities
Keep Team Lead and Supervisor informed of all trends and problems including, but not limited to, exceptions identified in review of Loss Analysis processes
Moderate working knowledge of all Default Servicing processes up to and including Loss Mitigation, Bankruptcy, Foreclosure, Conveyance and Claims in addition to mortgage servicing state, federal and agency guidelines and timelines
Moderate background in financial and loss analysis including ability to determine: all funds/advances due CMS have been recovered
Moderate ability to conduct quality assurance reviews
Preferred Accounting Background--Must possess the ability to complete financial reconciliations
Moderate computer skills with MS Word, Excel
Strong attention to details and excellent time management and organizational skills
Comprehensive writing skills, including proper punctuation and grammar, organization, and formatting
Ability to work under general direction to accomplish department goals and reduce/mitigate financial loss to CMS and its Clients
Ability to substantiate facts and properly document them
Ability to work effectively and develop rapport with all levels of staff, management, Investors/Insurers and 3rd parties
Ability to make decisions that have moderate impact to immediate work unit
Ability to identify urgent matters requiring immediate action and properly escalating them
Ability to handle multiple tasks under pressure and changing priorities
Qualification
Required
High School diploma required; Associate/Bachelor Degree in accounting or other related field preferred
Two (2) or more years' quality assurance experience
Three (3) or more years' Loan Servicing platform experience for all default related activities such as Foreclosure, Bankruptcy, Default MI Claims, Loss Mitigation, etc
Moderate working knowledge of all Default Servicing processes up to and including Loss Mitigation, Bankruptcy, Foreclosure, Conveyance and Claims in addition to mortgage servicing state, federal and agency guidelines and timelines
Moderate background in financial and loss analysis including ability to determine: all funds/advances due CMS have been recovered
Moderate ability to conduct quality assurance reviews
Moderate computer skills with MS Word, Excel
Strong attention to details and excellent time management and organizational skills
Comprehensive writing skills, including proper punctuation and grammar, organization, and formatting
Ability to work under general direction to accomplish department goals and reduce/mitigate financial loss to CMS and its Clients
Ability to substantiate facts and properly document them
Ability to work effectively and develop rapport with all levels of staff, management, Investors/Insurers and 3rd parties
Ability to make decisions that have moderate impact to immediate work unit
Ability to identify urgent matters requiring immediate action and properly escalating them
Ability to handle multiple tasks under pressure and changing priorities
Preferred
Preferred Accounting Background--Must possess the ability to complete financial reconciliations
Previous FHA, VA, USDA and PMI claims experience preferred
Benefits
Comprehensive healthcare plans for you and your family.
Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.
Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
Customized training programs to help you advance your career.
Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
Educational Reimbursement.
Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.
Company
Carrington Holding Company, LLC
Carrington Holding Company, LLC is a financial service provider for mortgages, asset management, real estate.
Funding
Current Stage
Late StageLeadership Team
Recent News
2025-11-04
2025-11-01
2024-04-26
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