Liquidation Manager

Carrington Mortgage • Orange, CA

1d • $90,000 - $100,000 • Hybrid

About The Position

The Liquidation Manager management of department staffed with liquidation negotiators tasked with completion of short sale and deeds in lieu transactions presented to the company via real estate agents, attorneys, and other third parties. Perform all duties in accordance with the company’s policies and procedures, all US state and federal laws and regulations, wherein the company operates. The approved Target Pay Range for this position is $90,000 to $100,000.

Requirements

• High school diploma or equivalent work experience; some college courses in business or finance preferred.
• Five (5) or more years’ mortgage industry experience.
• Two (2) or more years of related experience in loss mitigation/negotiation required.
• Knowledge of mortgage/real estate terminology required.
• Knowledge of industry and/or company-specific software in sales/collections required.
• Ability to understand opposing points of view on highly complex issues and to negotiate and integrate different viewpoints.
• Ability to make decisions that have significant impact on the immediate work unit and monitor impact outside the immediate work unit.
• Ability to organize and prioritize own work schedule on short-term basis (longer than one month) and within allotted work schedules.
• Ability to travel up to 30%.
• Strong working knowledge of Microsoft Office Suite (Word, Excel, etc.)

Nice To Haves

• some college courses in business or finance preferred.
• Knowledge of Microsoft Suite at intermediate level preferred.

Responsibilities

• Manage the staff that receives inbound & outbound calls from borrowers, real estate agents, attorneys and/or an authorized third party with questions regarding short sale and deed in lieu of foreclosure requests.
• Analysis of submitted Short Sale and REO transactions to assure investor approval and compliance.
• Work with staff for timely negotiations and counter offer that reduces loss severity and meets or exceeds company-determined property valuation, and presents counter offer to real estate agents, attorney, and authorized third parties.
• Submit negotiated files to senior management/ Investors for approval.
• Decline purchase offers with excessive variance between purchase offer price and company-determined property valuation.
• Monthly reporting and tracking of department matrix to Senior Management.
• Management of postponements of foreclosure sales when additional time is needed to review and approve short sale and or deed in lieu of foreclosure requests.
• Attendance at Mediation/Settlement hearing – some travel required.
• Perform other duties as assigned.

Benefits

• Comprehensive healthcare plans for you and your family.
• Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.
• Customized training programs to help you advance your career.
• Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.
• Educational Reimbursement.
• Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates.

What This Job Offers

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