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Default Manager Jobs (NOW HIRING)

The Servicing Default Manager is responsible for strategic leadership, oversight, and reduction of risks for default servicing activities, including delinquency management, collections, loss ...

New

Position Summary The Default Management Accounts Payable Supervisor is a key leadership role within the Default Management organization, responsible for overseeing the timely, accurate, and compliant ...

The Default Services Manager provides executive leadership for the Bank's default servicing organization, establishing strategic direction, governance, and operational excellence across all default ...

The Default Services Manager provides executive leadership for the Bank's default servicing organization, establishing strategic direction, governance, and operational excellence across all default ...

Our vertically integrated platform allows us to manage every step of the loan process in-house ... While not an exhaustive list, the Default Specialist will be responsible for: * Providing ...

Our vertically integrated platform allows us to manage every step of the loan process in-house ... Position Overview Arixa is seeking a motivated and detail-oriented Default Specialist. Under ...

Our vertically integrated platform allows us to manage every step of the loan process in-house ... Position Overview Arixa is seeking a motivated and detail-oriented Default Specialist. Under ...

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Default Manager information

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$24.5K

$59.5K

$116K

How much do default manager jobs pay per year?

As of Aug 12, 2026, the average yearly pay for default manager in the United States is $59,525.00, according to ZipRecruiter salary data. Most workers in this role earn between $42,000.00 and $68,500.00 per year, depending on experience, location, and employer.

What is the difference between Default Manager vs Loan Manager?

AspectDefault ManagerLoan Manager
Required CredentialsTypically a bachelor's degree in finance, banking, or related field; certifications like CAMS or AML are commonSimilar credentials, often with a focus on lending, credit analysis, and financial regulations
Work EnvironmentBanking institutions, financial services firms, or loan servicing companiesCommercial banks, mortgage companies, or credit unions
Employer & Industry UsageUsed in banking and financial sectors managing defaulted loans or credit riskUsed in lending institutions overseeing loan portfolios and credit approval processes

The Default Manager and Loan Manager roles share similar educational backgrounds and work environments within financial institutions. While the Default Manager focuses on managing defaulted loans and mitigating losses, the Loan Manager handles the origination, approval, and management of new loans. Both positions require financial expertise and are integral to the lending process, but their primary responsibilities differ in the loan lifecycle.

More about Default Manager jobs
What cities are hiring for Default Manager jobs? Cities with the most Default Manager job openings:
What are the most commonly searched types of Default jobs? The most popular types of Default jobs are:
What states have the most Default Manager jobs? States with the most job openings for Default Manager jobs include:
Infographic showing various Default Manager job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 12% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $59,525 per year, or $28.6 per hour.

Full-time

Posted 2 days ago

New


Job description

Job Type
Full-time
Description
Position Summary:
The Servicing Default Manager is responsible for strategic leadership, oversight, and reduction of risks for default servicing activities, including delinquency management, collections, loss mitigation, foreclosure, bankruptcy, claims administration, and liquidation strategies. This includes strengthening internal controls, and ensuring compliance with investor, agency, and regulatory requirements.
The Servicing Default Manager develops and implements proactive delinquency management controls and default resolution strategies designed to minimize losses, improve portfolio performance, maximize home retention opportunities, and mitigate operational risk.
Candidates must be located within driving distance of a Flat Branch office in: AR, FL, IA, KS, MI, MO, NE, OK, TN, TX.
Responsibilities and Duties:
Strategic Default and Delinquency Management
  • Develop and execute comprehensive default servicing strategies that effectively manage delinquency, reduce portfolio losses, improve cure rates, and enhance borrower outcomes.
  • Monitor portfolio performance, delinquency trends, roll rates, cure rates, loss severity, foreclosure timelines, and servicing costs to identify areas of risk and opportunity.
  • Establish performance objectives and action plans to improve delinquency management effectiveness and mitigate loss exposure.
  • Drive strategy for early intervention and borrower engagement strategies that support home retention while protecting investor interests and reducing portfolio risk.
  • Analyze portfolio data and market trends to proactively identify emerging risks and recommend strategic actions.

Risk Management, Compliance, and Controls
  • Deep understanding of FHA, VA, USDA, Fannie Mae, Freddie Mac, Ginnie Mae, and state regulatory requirements.
  • Ensure appropriate controls and documentation are maintained to support servicing operations and minimize risk exposure.
  • Monitor compliance performance to drive timely identification and resolution of servicing deficiencies.

Operational Leadership
  • Direct oversight and management of all default servicing operations, including loss mitigation, collections, foreclosure, bankruptcy, claims, and property preservation.
  • Develop and implement process improvements designed to enhance operational efficiency, strengthen controls, and reduce losses.

Reporting and Performance Management
  • Develop and maintain executive reporting and dashboard metrics that provide transparency into portfolio performance, delinquency trends, compliance results, and loss exposure.
  • Provide regular reporting and strategic recommendations to management regarding portfolio risks, mitigation strategies, and performance improvement opportunities.
  • Utilize data analytics to support decision making, resource planning, and strategy development.

Team Leadership and Development
  • Recruit, develop, coach, and retain high-performing default servicing professionals.
  • Foster a culture of accountability, compliance, risk awareness, operational excellence, and continuous improvement.
  • Ensure staffing and organizational structure effectively support business objectives and departmental needs.

Requirements
Qualifications
Education
  • Bachelor's degree or equivalent combination of education and industry experience.

Experience
  • 10+ years of progressive Default Servicing experience with significant exposure to default servicing operations.
  • 5+ years of leadership experience managing default servicing.
  • Proven experience developing delinquency management strategies, loss prevention initiatives, and operational risk controls.
  • Strong understanding of collections, loss mitigation, foreclosure, bankruptcy, claims administration, and investor requirements.
  • Experience managing regulatory examinations, audits, compliance programs, and operational performance initiatives.

Knowledge, Skills, and Abilities
  • Extensive knowledge of mortgage servicing regulations, default servicing practices, and investor guidelines.
  • Strong understanding of risk management principles, compliance frameworks, and operational controls.
  • Demonstrated ability to analyze portfolio performance and develop strategies that mitigate risk and reduce losses.
  • Advanced leadership, communication, and stakeholder management skills.
  • Strong analytical and problem-solving capabilities with experience leveraging data to drive performance improvements.

Key Performance Indicators
  • Delinquency and roll-rate performance
  • GNMA Delinquency Ratio Performance and Mitigation
  • Cure and reinstatement rates
  • Loss mitigation success and home retention outcomes
  • Foreclosure and bankruptcy management performance
  • Loss severity and claims recovery results
  • Regulatory and investor compliance performance