Ml Loss Mitigation Specialist

Who We Are

Cadence is committed to serving the lifelong needs of our customers. That’s a commitment made possible by our exceptional teammates. Our team members are what set us apart. Friendly, open, personable and committed to excellence, our teammates make up more than just a bank … they make up our communities.

No matter where you are in life or where you’re going, we may have the right career for you.

Competitive Benefits

Cadence offers a competitive and comprehensive benefits package centered on the well-being of our teammates. Some of our benefits include medical, dental, vision, employee assistance program, life insurance, 401(k), Retirement Pension Benefits, parental leave, tuition reimbursement, and more.

Primary Purpose: Foreclosure prevention for mortgagor’s and to mitigate the loss to insured investors.

Principal Duties and Responsibilities:

• Assist the loss mitigation staff in gathering necessary documents from the borrower.
• Provide and maintain a professional business like atmosphere within the organization and represent the financial institution to the investors and government agencies
• Work closely with staff from Fannie Mae, FHA, VA, USDA and all other agencies as required.
• Solicit delinquent and problem loans for loss mitigation.
• Counsel borrowers about various loan programs and help them to select the program that best fits their financial goals and needs.
• Conduct phone and face to face interviews with borrowers for loss mitigation processes.
• Send and process incoming borrower response packets.

Job Specifications:

• Excellent written and verbal communications skills
• Have a good understanding of loss mitigation
• Understanding of excel spreadsheets, word and basic computer skills
• Must be able to work independently under pressure
• Must be detailed oriented and able to follow set guidelines
• Work well under stress and able to meet deadlines

The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Cadence Bank is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, disability, veteran status, genetic information or any other status protected under applicable local, state or federal nondiscrimination laws.