[Hiring] Litigation Associate @Cenlar FSB

Role Description

The Litigation Associates are responsible for monitoring high risk/litigation/title issue accounts to minimize potential client or Cenlar losses. These positions serve as a liaison between clients, upper management, and attorneys, supporting day-to-day management of client initiatives that impact the Foreclosure, Bankruptcy, and Post Sale Department. Some activities include but are not limited to:

• Monitoring accounts identified as “high risk”/litigation/title issues, recommending and helping facilitate appropriate course of action to mitigate potential exposure.
• Attending monthly Credit Risk Meeting and providing updates to the committee as needed.
• Preparing and distributing monthly client reports.
• Periodically assessing Policy and Procedures and advising management on improvement opportunities.
• Attending client meetings and providing updates on the portfolio.
• Identifying, analyzing, and disseminating trends in litigation.
• Maintaining current knowledge and understanding of mortgage servicing with a focus on Foreclosure processing or default mortgage servicing.
• Traveling to attend state/county hearings or mediations as needed.
• Participating in off-site due diligence reviews.
• Completing other duties and projects as assigned by management.
• Appropriately assessing risk when business decisions are made, including but not limited to compliance and operational risk.
• Demonstrating consideration for Cenlar’s reputation as well as our clients by driving compliance with applicable laws, rules, and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct, and business practices, and escalating, managing, and reporting control issues.
• Effectively supervising the activity of others and creating accountability with those who fail to maintain these standards.

Qualifications

• Bachelor’s degree or equivalent experience.
• Minimum of 5 years mortgage default experience or related experience preferred.
• Previous project management experience.
• Excellent communication skills; oral and written.
• Thorough knowledge of FHA/VA; FNMA/FHLMC servicing guidelines and requirements.
• Familiar with foreclosure and bankruptcy laws in a multi-state portfolio.
• Detail oriented, ability to successfully manage multiple priorities, and possess the ability to meet deadlines.
• Strong analytical skills.
• Paralegal certification and/or legal experience.
• Able to work in a fast-paced environment.
• Working knowledge with Microsoft Office, spreadsheets, and software applications.
• Understanding of the following:
• Requirements under the Real Estate Settlement Procedures Act (RESPA), specifically general servicing standards and loss mitigation practices.
• Requirements under the Service members Civil Relief Act (SCRA), specifically protections for Service members.

Benefits

• Outstanding benefits package that includes paid medical, dental, and life insurance.
• 401(k) and tuition assistance.
• Opportunities for training and professional advancement.