Default Management Foreclosure Associate

U.S. Bank National Association

1d • Hybrid

About The Position

The Default Management Foreclosure Associate supports the foreclosure process by managing mortgage loans from foreclosure referral through foreclosure sale. This role focuses on timeline management, compliance, and risk mitigation by ensuring foreclosure actions are completed accurately, timely, and in accordance with state, investor, and internal guidelines.

Requirements

• High school diploma or equivalent
• Typically four or more years of related experience
• Basic computer skills, including Excel, generating reports, printing to PDF, and running scripts

Nice To Haves

• Experience in default management, foreclosure, mortgage servicing, or related operations
• Experience reviewing timelines, documentation, or compliance‑driven processes
• Ability to work independently with minimal supervision
• Strong critical‑thinking and problem‑solving skills
• High attention to detail and ability to manage time‑sensitive work

Responsibilities

• Manage foreclosure files from referral through foreclosure sale, ensuring required actions are completed within established timelines
• Conduct pre‑sale reviews (typically within 30 days of scheduled sale) to confirm all requirements are met to proceed
• Review foreclosure timelines and exception reports to ensure files are progressing appropriately
• Determine when issues can be resolved versus when foreclosure sales must be postponed
• Verify legal authority to foreclose and ensure required documentation is complete and accurate
• Partner with internal teams to resolve issues and support compliant foreclosure progression
• Maintain accurate documentation and records in required systems and reports

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

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED