Default Management Foreclosure Associate - Foreclosure Bid Team

U.S. Bank•Owensboro, KY

19h•Hybrid

About The Position

The Default Management Foreclosure Associate supports mortgage default servicing by performing foreclosure-related operational tasks in accordance with investor guidelines, state regulations, and internal policies. This role focuses on accuracy, timeliness, and risk mitigation while ensuring required documentation and processes are completed correctly. At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Requirements

High school diploma or equivalent
Typically four or more years of related experience

Nice To Haves

Experience in mortgage servicing, default management, foreclosure, or loss mitigation
Familiarity with foreclosure processes and documentation
Experience working in a production or metrics-driven environment

Responsibilities

Review, prepare, and process foreclosure-related documents in accordance with internal procedures, investor requirements, and regulatory guidelines
Perform detailed review of loan files to ensure documentation accuracy and completeness
Update systems with accurate and timely information related to foreclosure activities
Partner with internal teams, vendors, and business partners to resolve file deficiencies and move loans through required milestones
Monitor deadlines and service-level expectations to ensure timely progression of assigned work
Identify discrepancies, exceptions, or missing information and escalate as appropriate
Maintain compliance with bank policies, regulatory standards, and quality expectations
Meet productivity, quality, and accuracy benchmarks in a volume-driven environment

Benefits

Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Incentive and recognition programs
Equity stock purchase
Pension