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Community Financial System, Inc. · 6 days ago

Real Estate Services Asset Specialist

Olean, NY

Full-time

Onsite

Entry, Mid Level

$19/hr - $25/hr

2+ years exp

Community Financial System, Inc. (CFSI) is dedicated to providing personalized financial services and products. The Real Estate Services Asset Specialist will manage mortgage loan portfolios, ensuring compliance with investor guidelines and overseeing asset protection management.

Financial ServicesFunding PlatformWealth Management

Responsibilities

Execute and submit secondary market investors, government agencies, and mortgage insurance delinquency and status reports to safeguard the company's interest

Adhere to guidelines set by investors, guarantors, and regulatory entitles for accurate and timely reporting

Manage audits conducted by third party companies such as TenA for quality control of FHA-HUD and USDA portfolios

Prepare, monitor, and submit applicable servicing claims to safeguard the company's interests in residential real estate properties following applicable guidelines and regulations

Processing and application of, or release of claim documents and funds

Successfully resolve claim disputes brought to mortgage insurance, guarantors, and investor loan entities

Oversee the workflow for maintaining post-foreclosure accounts including Other Real Estate Owned (OREO) properties

Facilitate release requests including but not limited to release of security, releases of liability, and deed transfers by preparing, reviewing and processing documents

Assist with conducting review, preparing and managing charge offs and write downs

Prepare and mail notifications to borrowers per investor, guarantor, state, insurer, or bank guidelines

Comply with applicable regulations including but not limited to Fair Debt Collections Practices Act, Real Estate Settlement Procedures Act, Service Member Civil Relief Act, Dodd-Fran Act (UDAPP) as they relate to consumer real estate loan collections

Perform other related duties as assigned or directed

Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to pertinent policies, procedures, and internal controls, and meet all training requirements in a timely manner

As an integral member of the Consumer Real Estate Servicing Department, this position is also responsible to provide assistance wherever necessary to help the Consumer Real Estate Servicing Department and the Company in achieving their annual goals

Qualification

Collections lawsLoss mitigationForeclosure lawsData analysisPC proficiencyMathematical skillsInterpersonal skillsCommunication skillsAdaptabilityTeamwork

Required

High School Diploma or GED required

All applicants must be 18 years of age or older

Familiarity with collections, loss mitigation, foreclosure, and bankruptcy laws; servicing requirements of various secondary market investors and government agencies

Proficient reading, writing, and grammar skills

Excellent mathematical skills

PC proficiency including Windows and Microsoft Suite

Able to demonstrate ability to analyze data from reports/workbooks

Excellent interpersonal and communication skills

Must be collaborative, adapt and reprioritize, and have an independently objective mindset

Must be able to consistently demonstrate the Company's core values; integrity, teamwork, excellence, and humility