Review the work of the above-mentioned specialists to provide preventative controls to mitigate ... Provide recommendations for improvements to Default Servicing policy and procedures based on ...
Review the work of the above-mentioned specialists to provide preventative controls to mitigate ... Provide recommendations for improvements to Default Servicing policy and procedures based on ...
Financial Aid Specialist
Tulsa, OK · On-site
$33K - $44K/yr
Manages the student loan collection activities and, in collaboration with administration, develops and directs a loan default prevention program. * Prepares a variety of Financial Aid program-related ...
Financial Aid Specialist
Tulsa, OK · On-site
$33K - $44K/yr
Manages the student loan collection activities and, in collaboration with administration, develops and directs a loan default prevention program. * Prepares a variety of Financial Aid program-related ...
Review the work of the above-mentioned specialists to provide preventative controls to mitigate ... Provide recommendations for improvements to Default Servicing policy and procedures based on ...
Review the work of the above-mentioned specialists to provide preventative controls to mitigate ... Provide recommendations for improvements to Default Servicing policy and procedures based on ...
Financial Aid Specialist
Tulsa, OK · On-site
$33K - $44K/yr
Manages the student loan collection activities and, in collaboration with administration, develops and directs a loan default prevention program. * Prepares a variety of Financial Aid program-related ...
Financial Aid Specialist
Tulsa, OK · On-site
$33K - $44K/yr
Manages the student loan collection activities and, in collaboration with administration, develops and directs a loan default prevention program. * Prepares a variety of Financial Aid program-related ...
Financial Aid Representative
Morgantown, WV · On-site
$40K - $53K/yr
... default prevention. * Process financial aid applications to determine eligibility. * Send notifications concerning incomplete applications and request for required documentation. * Calculate ...
Financial Aid Representative
Morgantown, WV · On-site
$40K - $53K/yr
... default prevention. * Process financial aid applications to determine eligibility. * Send notifications concerning incomplete applications and request for required documentation. * Calculate ...
Financial Aid Representative
Morgantown, WV · Hybrid
$40K - $53K/yr
... default prevention. * Process financial aid applications to determine eligibility. * Send notifications concerning incomplete applications and request for required documentation. * Calculate ...
Financial Aid Representative
Morgantown, WV · Hybrid
$40K - $53K/yr
... default prevention. * Process financial aid applications to determine eligibility. * Send notifications concerning incomplete applications and request for required documentation. * Calculate ...
Financial Aid Representative
Morgantown, WV · On-site
$40K - $53K/yr
... default prevention. * Process financial aid applications to determine eligibility. * Send notifications concerning incomplete applications and request for required documentation. * Calculate ...
Quick apply
Financial Aid Representative
Morgantown, WV · On-site
$40K - $53K/yr
... default prevention. * Process financial aid applications to determine eligibility. * Send notifications concerning incomplete applications and request for required documentation. * Calculate ...
Provide your resume to our database for future positions that are not open at this time.
Portland, OR · On-site
Functions include administrative support, small business advising, financial coaching, default prevention, and home lending, * Real Estate Development & Management: This team ensures our affordable ...
Provide your resume to our database for future positions that are not open at this time.
Portland, OR · On-site
Functions include administrative support, small business advising, financial coaching, default prevention, and home lending, * Real Estate Development & Management: This team ensures our affordable ...
Sr Director - Sales and Client Success (Mortgage Risk)
$148K - $233K/yr
Facilitate knowledge transfer on mortgage analytics, including credit risk layering, early payment default prevention, and loss mitigation strategies. What We're Seeking * Substantial experience in ...
Sr Director - Sales and Client Success (Mortgage Risk)
$148K - $233K/yr
Facilitate knowledge transfer on mortgage analytics, including credit risk layering, early payment default prevention, and loss mitigation strategies. What We're Seeking * Substantial experience in ...
Scholarship and Aid Coordinator
Zanesville, OH · On-site
$34K - $40K/yr
Monitor institutional default rate; communicate with delinquent borrowers; lead default prevention efforts; revise policies and procedures.10%Lead outside scholarship and state funding awarding.
Scholarship and Aid Coordinator
Zanesville, OH · On-site
$34K - $40K/yr
Monitor institutional default rate; communicate with delinquent borrowers; lead default prevention efforts; revise policies and procedures.10%Lead outside scholarship and state funding awarding.
Manage housing loan default prevention, foreclosure mitigation, and compliance monitoring programs. * Promote sustainable, energy-efficient, and culturally appropriate building practices for tribal ...
Manage housing loan default prevention, foreclosure mitigation, and compliance monitoring programs. * Promote sustainable, energy-efficient, and culturally appropriate building practices for tribal ...
Manages and implements Financial Literacy/Default Prevention program * Manages Policy and Procedure library for financial aid office * Responds to students and families in a responsive and friendly ...
Manages and implements Financial Literacy/Default Prevention program * Manages Policy and Procedure library for financial aid office * Responds to students and families in a responsive and friendly ...
Manage housing loan default prevention, foreclosure mitigation, and compliance monitoring programs. * Promote sustainable, energy-efficient, and culturally appropriate building practices for tribal ...
Quick apply
Manage housing loan default prevention, foreclosure mitigation, and compliance monitoring programs. * Promote sustainable, energy-efficient, and culturally appropriate building practices for tribal ...
Lead Advisor
El Paso, TX · On-site
... default prevention. * Provide advising and outreach for high-debt and professional student populations, including medical, dental, graduate, and other health professions students with significant ...
Lead Advisor
El Paso, TX · On-site
... default prevention. * Provide advising and outreach for high-debt and professional student populations, including medical, dental, graduate, and other health professions students with significant ...
Manage housing loan default prevention, foreclosure mitigation, and compliance monitoring programs. * Promote sustainable, energy-efficient, and culturally appropriate building practices for tribal ...
Manage housing loan default prevention, foreclosure mitigation, and compliance monitoring programs. * Promote sustainable, energy-efficient, and culturally appropriate building practices for tribal ...
Director of Financial Aid
Burbank, CA · On-site
$95K - $110K/yr
Coordinates NYFA's Default Prevention and Reporting on all compliance reviews and audits. * Responds to escalated complaints from students or student family members. * Oversee the Return to Title IV ...
Director of Financial Aid
Burbank, CA · On-site
$95K - $110K/yr
Coordinates NYFA's Default Prevention and Reporting on all compliance reviews and audits. * Responds to escalated complaints from students or student family members. * Oversee the Return to Title IV ...
Financial Aid Counselor, Financial Aid
$36K - $47K/yr
Attend seminars, conferences, and department trainings to remain current with federal regulations, university policy, and FAFSA updates. * Assist with loan default prevention efforts, when necessary.
Financial Aid Counselor, Financial Aid
$36K - $47K/yr
Attend seminars, conferences, and department trainings to remain current with federal regulations, university policy, and FAFSA updates. * Assist with loan default prevention efforts, when necessary.
Support default prevention efforts in collaboration with the Manager of Student Accounts. Cashiering & Payment Processing (10%) * Process student payments, departmental deposits, and other receipts ...
Support default prevention efforts in collaboration with the Manager of Student Accounts. Cashiering & Payment Processing (10%) * Process student payments, departmental deposits, and other receipts ...
Coordinates NYFA's Default Prevention and Reporting on all compliance reviews and audits. * Responds to escalated complaints from students or student family members. * Oversee the Return to Title IV ...
Coordinates NYFA's Default Prevention and Reporting on all compliance reviews and audits. * Responds to escalated complaints from students or student family members. * Oversee the Return to Title IV ...
Financial Aid Counselor, Financial Aid
Winston Salem, NC · On-site
$36K - $47K/yr
Attend seminars, conferences, and department trainings to remain current with federal regulations, university policy, and FAFSA updates. * Assist with loan default prevention efforts, when necessary.
Financial Aid Counselor, Financial Aid
Winston Salem, NC · On-site
$36K - $47K/yr
Attend seminars, conferences, and department trainings to remain current with federal regulations, university policy, and FAFSA updates. * Assist with loan default prevention efforts, when necessary.
Default Prevention information
See salary details
$18.63 is the 25th percentile. Wages below this are outliers.
$15.87 - $20.08
38% of jobs
The median wage is $21.65 / hr.
$20.08 - $24.30
32% of jobs
$24.30 - $28.52
1% of jobs
$28.52 - $32.74
0% of jobs
$32.74 - $36.95
0% of jobs
$36.95 - $41.17
0% of jobs
$41.17 - $45.39
0% of jobs
$46.61 is the 75th percentile. Wages above this are outliers.
$45.39 - $49.61
13% of jobs
$49.61 - $53.82
3% of jobs
$53.82 - $58.04
6% of jobs
$58.04 - $62.26
6% of jobs
$15
$31
$62
How much do default prevention jobs pay per hour?
What is the 3 month rule for jobs?
What jobs pay 4000 a week without a degree?
What are some common challenges faced by professionals in Default Prevention, and how can they be effectively addressed?
What is default prevention?
What job is high paying but low stress?
What is the difference between Default Prevention vs Credit Analyst?
| Aspect | Default Prevention | Credit Analyst |
|---|---|---|
| Required Credentials | Typically includes certifications in risk management or credit analysis | Requires finance, accounting, or economics degrees; often certifications like CFA |
| Work Environment | Focuses on risk mitigation, monitoring, and customer engagement | Analyzes financial data, assesses creditworthiness, and prepares reports |
| Employer & Industry Usage | Used by banks, financial institutions, and credit agencies to prevent loan defaults | Employed by banks, lending companies, and financial firms to evaluate credit risk |
Default Prevention specialists focus on strategies to reduce loan defaults through risk management and customer engagement, while Credit Analysts evaluate financial data to determine creditworthiness. Both roles are vital in the lending industry but serve different functions in the credit process.
What are the top 10 recession proof jobs?
What are the key skills and qualifications needed to thrive in a Default Prevention Specialist role, and why are they important?

Full-time
Posted 14 days ago
Job description
This position's responsibilities will consist of reviewing the accuracy of work performed by the Loss Mitigation SPOC Agent, examination of borrower documentation to determine accuracy, ensure required tasks are performed, loans are documented correctly and letters sent to borrowers are complete and accurate. This position assists with internal and external audits and performs all duties in accordance with internal policies and procedures and all state, federal and investor guidelines.
Responsibilities
- Quality Control of work performed by internal Default Specialist (Foreclosure, Bankruptcy, REO, Claims) and Default Payment Processing Specialist. Review the work of the above-mentioned specialists to provide preventative controls to mitigate errors.
- Provide feedback on the Quality Control to the Vice President and Business Line Managers on exceptions identified when completing reviews.
- Claim Filing for foreclosures for all investor types including but not limited to: Conveyances, Reinstatements, Payoff's, REO's, Loss Mitigation (partial claims, loan modifications, payment deferrals, pre-foreclosure sales)
- Operate within strict regulatory and operational SLAs.
- Review and determine root cause by exceptions identified.
- Determine accuracy of borrower posted payments to Foreclosure & Bankruptcy loans.
- Provide recommendations for improvements to Default Servicing policy and procedures based on operational insights into gaps identified.
- Track errors and/or issues to identify trends and training opportunities.
- Operate as last line of defense for Default Servicing (Foreclosure, Bankruptcy & Credit Bureau) and regulatory compliance through independent assessment within FNMA, FHLMC, HUD, VA. USDA required timelines.
- Provide error reporting to management to assess potential process changes to streamline and improve results.
- Credit Bureau Quality Review.
- Credit Bureau/Default Reporting.
- Apply a continuous improvement mindset, offering suggestions on process improvements and efficiency gains.
- Support the collection of requested items related to internal & external audits as needed.
- Maintain knowledge of compliance mandates, mortgage servicing policy and procedural updates and investor specific guidelines and related changes in the mortgage servicing industry.
Bell Bank Culture, Policy and Accountability Standards:
- Know by name and face as many customers and employees as possible, calling them by name as often as possible.
- Know and practice LOCBUTN, our Golden Rules, and Bell Bank Customer Service Standards.
- Know, understand, and live the company values and bottom line.
- Conduct activities consistent with established Bell Bank policies, procedures and systems, the Bell Bank Employee Conduct policies, the Bank Secrecy Act and all applicable state and federal laws and regulations.
- All employees are responsible for information security, including compliance with policies and standards which protect sensitive information.
- Prompt and reliable attendance.
- Perform other duties as assigned.
Education, Experience, and Other Expectations
- Prior quality control experience preferred.
- 2 years of mortgage servicing experience.
- Prior MSP experience preferred.
Skills and Knowledge
- Ability to work well in a dynamic, fast paced work environment.
- Proven ability to comprehend and perform complex activities independently.
- Strong time management and organizational skills with the ability to multi task projects and priorities.
- Excellent attention to detail.
- Working knowledge of regulatory and investor (Asset, FNMA, FHLMC, FHA, VA and USDA) guidelines as they pertain to Foreclosure, Bankruptcy, Credit Bureau/Default Reporting.
- Working knowledge of Foreclosure, Bankruptcy, REO, Claims, Credit Bureau Reporting & Default Reporting.
- Working knowledge of Microsoft Office tools including Excel and Word.