Home Mortgage Loss Mitigation Single Point of Contact Relationship Senior Specialist

Description

Are you ready to build meaningful relationships while helping customers navigate complex financial challenges?

Citizens Bank is seeking a Single Point of Contact (SPOC) Relationship Specialist to serve as the primary liaison for borrowers throughout the default, loss mitigation, foreclosure, and bankruptcy processes. In this role, you’ll play a key part in helping borrowers identify and implement solutions to address financial hardships, all while ensuring compliance with investor and regulatory requirements.

If you’re a problem-solver with strong communication skills and a passion for making a difference, this may be the perfect opportunity for you!

What You Can Expect in This Role:

• Customer-Centric Approach: Field a variety of customer calls with passion and deliver high-quality solutions to assist customers facing financial hardship.
• Problem-Solving Focus: Offer a wide range of assistance options to meet each customer’s needs and provide suitable repayment solutions.
• Extensive Training: Benefit from cutting-edge tools, including advanced AI simulations, to prepare for real-world scenarios.
• Dedicated Support: Work closely with leaders and peers who are committed to helping you succeed.
• Collaborative Culture: Join a team that values teamwork, growth, and career development.
• Job Satisfaction: Take pride in producing high-quality work that makes a difference.

Key Responsibilities:

• Customer Relationship Management: Act as the primary contact for borrowers and approved third parties (e.g., investors, attorneys, and trustees) while delivering an exceptional customer experience.
• Documentation and Compliance: Obtain and process required documents for loss mitigation, ensuring accuracy and compliance with investor and regulatory guidelines.
• Solution-Oriented Communication:
  • Present borrowers with available loss mitigation options, including deferrals, forbearance, loan modifications, partial claims, repayment plans, short sales, or deeds in lieu of foreclosure.
  • Clearly communicate decisions and next steps, including modification approvals or denials, and guide borrowers through alternative solutions when needed.
• Financial Discussions: Engage in conversations with borrowers about their financial information, such as debt-to-income ratios, tax records, and personal financial statements, to assess eligibility for solutions.
• Cross-Department Collaboration:
  • Coordinate with loss mitigation, foreclosure, bankruptcy, loan servicing, and other mortgage operations teams to ensure timely resolution of borrower situations.
  • Hold internal teams accountable for completing tasks and meeting deadlines to maintain compliance and regulatory requirements.
• Research and Issue Resolution: Investigate borrower issues, provide updates, and ensure final resolutions are achieved.
• Investor Interaction: Communicate and collaborate with mortgage investors to address borrower-specific issues and secure approvals for resolutions.
• Proactive Communication: Make inbound and outbound calls to borrowers to provide updates, collect necessary documents, and discuss decisions and next steps.

• Mortgage Servicing Expertise: Background in mortgage servicing, with knowledge of default processes and loss mitigation programs.
• Communication Skills: Strong oral communication, counseling, and persuasion abilities.
• Organizational Strengths: Proven ability to manage multiple priorities and tasks in a fast-paced, production-driven environment.
• Decision-Making Abilities: Capacity to make independent decisions and exercise sound judgment.
• Adaptability: Flexibility to handle evolving business needs with a positive attitude.
• Technical Proficiency: Familiarity with digital phone systems and mortgage servicing platforms.
• Professionalism: Experience working with external parties, including attorneys, investors, and vendors.

• Industry Knowledge: Experience as a Single Point of Contact (SPOC) within mortgage servicing.
• Systems Experience: Familiarity with Black Knight (BKFS) servicing systems.
• Regulatory and Investor Knowledge: Understanding of agency and investor requirements and regulations.

• Hours Per Week: 40 hours
• Work Schedule: M-F 8:00 AM to 5:00 PM EST

• Competitive Salary
• Comprehensive Benefits Package: Medical, dental, vision, and generous paid time off.
• 401(k) Plan with Corporate Match & Employee Stock Purchase Program
• Career Development Opportunities: Grow with a company that values internal promotion and professional development.
• Exclusive Employee Discounts: Access to special offers on Citizens Bank products and services.

Some job boards have started using jobseeker-reported data to estimate salary ranges for roles. If you apply and qualify for this role, a recruiter will discuss accurate pay guidance.

Equal Employment Opportunity

At Citizens, we are committed to fostering an inclusive culture that enables colleagues to bring their best selves to work every day. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.

Equal Employment and Opportunity Employer

Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.