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Loss Mitigation Auditor Jobs (NOW HIRING)

Sr. Servicing Specialist - Default Management

Salem, MA ยท On-site

  • Medical

  • Dental

  • Vision

  • Retirement

... auditing; escalated customer issues including working with the complaint department and/or legal ... Organize and manage the execution of all residential loss mitigation servicing functions to help ...

Special Assets Officer

Edmond, OK ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Provide coaching and guidance to branch staff on restructuring, loss mitigation, and borrower ... Coordinate with auditors, regulators, and internal stakeholders on inquiries and reviews * Prepare ...

Special Assets Officer

Edmond, OK ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Provide coaching and guidance to branch staff on restructuring, loss mitigation, and borrower ... Coordinate with auditors, regulators, and internal stakeholders on inquiries and reviews * Prepare ...

AVP, Quality Assurance

Rosemont, IL ยท On-site

$71K - $92K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Strong working knowledge of collections, customer service, loss mitigation, escrows, bankruptcy ... Extensive knowledge of Share Point, Auditing Software and Data conversions a plus * Leadership and ...

AVP, Quality Assurance

Rosemont, IL ยท Hybrid

$71K - $92K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Strong working knowledge of collections, customer service, loss mitigation, escrows, bankruptcy ... Extensive knowledge of Share Point, Auditing Software and Data conversions a plus * Leadership and ...

Showing results 21-40

Loss Mitigation Auditor information

See salary details

$35K

$43.3K

$49K

How much do loss mitigation auditor jobs pay per year?

As of Aug 13, 2026, the average yearly pay for loss mitigation auditor in the United States is $43,250.00, according to ZipRecruiter salary data. Most workers in this role earn between $39,000.00 and $47,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a loss mitigation auditor?

To thrive as a Loss Mitigation Auditor, you need a solid understanding of mortgage lending, risk assessment, and compliance regulations, typically supported by experience in finance or real estate and a relevant degree. Familiarity with auditing software, loan servicing platforms, and regulatory compliance tools such as Fannie Mae and Freddie Mac guidelines is essential. Strong analytical thinking, attention to detail, and effective communication are crucial soft skills for identifying discrepancies and ensuring accurate reporting. These skills and qualities help prevent financial losses, maintain regulatory compliance, and support the integrity of the loan mitigation process.

What is the difference between Loss Mitigation Auditor vs Loss Prevention Specialist?

AspectLoss Mitigation AuditorLoss Prevention Specialist
CredentialsTypically requires mortgage or financial certifications, such as HUD certifications or loan modification trainingOften requires security or retail loss prevention certifications, like CPI or LPC
Work EnvironmentWorks mainly in financial institutions, mortgage companies, or loan servicing firmsWorks in retail stores, security firms, or corporate environments
Employer & IndustryFinancial services, mortgage, bankingRetail, security, manufacturing

While both roles focus on minimizing financial losses, a Loss Mitigation Auditor specializes in reviewing and managing mortgage or loan accounts to prevent defaults, whereas a Loss Prevention Specialist concentrates on preventing theft and security breaches in retail or corporate settings. Their skills and certifications reflect their industry-specific focus, making each role distinct despite overlapping goals of reducing financial loss.

What is a loss mitigation auditor?

A Loss Mitigation Auditor is a financial professional responsible for reviewing and evaluating loss mitigation activities within lending institutions, such as banks or mortgage companies. Their primary role is to ensure that all processes related to loan modifications, short sales, forbearances, and other loss mitigation strategies comply with internal policies and regulatory requirements. By auditing these activities, they help identify potential risks, prevent financial losses, and improve operational efficiency. This position requires strong analytical skills, attention to detail, and knowledge of relevant laws and industry best practices.

How does a loss mitigation auditor typically collaborate with other departments during the loan review process?

Loss Mitigation Auditors work closely with departments such as loan servicing, collections, and legal to ensure that loss mitigation strategies are properly executed and compliant with regulatory standards. They often review case files, communicate findings, and provide feedback to underwriting or servicing teams to address discrepancies or improve processes. This collaborative environment helps identify risk areas, implement corrective actions, and maintain the integrity of the organization's loan portfolio. Effective communication and teamwork are essential, as auditors frequently participate in cross-functional meetings and share insights to strengthen overall risk management.
More about Loss Mitigation Auditor jobs
Infographic showing various Loss Mitigation Auditor job openings in the United States as of August 2026, with employment types broken down into 76% Full Time, 22% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $43,250 per year, or $20.8 per hour.

Compliance & Loss Prevention Specialist

CASE Credit Union

Lansing, MI โ€ข On-site

Full-time

Re-posted 8 days ago


Job description

POSITION PURPOSE
Responsible for assisting the Compliance Manager to ensure that the Credit Union is in compliance with all state and federal regulations. Assist in reviews of internal policies and procedures and assist in the facilitation of changes as necessary to enhance efficiency and/or be compliant with regulatory changes. Review reports and create analysis based on various compliance requirements and/or as needed. Prepare and file reports with government agencies as directed by law.
This position is responsible for loss prevention and loss mitigation. These duties include conducting investigations of potential fraudulent activity, coordinating recovery of losses due to fraudulent activity with Resolutions Specialists.
Assists the Community Developments Specialist within the community representing CASE Credit Union as a partner and promoting our products and services within our low- to moderate-income community. Assists with review of various reports.
ESSENTIAL FUNCTIONS AND BASIC DUTIES
1. Assist the AVP of Compliance in the Credit Unionโ€™s compliance with all applicable laws, rules, and policies.
a. Assist to ensure compliance with applicable financial laws and regulations. Analyzes and reports data as required.
b. Compile reference resources for the Credit Unionโ€™s daily use to ensure compliance with regulations.
c. Ensure that department procedures are updated and are in accordance with credit union practices and evolving regulations.
d. Assist management to meet all regulatory recordkeeping and reporting requirements. Identify reportable transactions and accurately file all required reports in a timely manner. Monitor for suspicious activity and engage in any other activity covered by the BSA.
e. Assist management in training employees to be aware of their responsibilities under the BSA regulations.
2. Assumes responsibility for establishing and maintaining effective communication and coordination with area personnel and management.
a. Assist area personnel as needed.
b. Keep Management informed of area activities and of any significant problems.
c. Complete and submit required reports, records, and related documents.
d. Attend meetings as required.
3. Assumes responsibility for ensuring that professional business relationships are established and maintained with regulatory agencies, auditors, appraisers, and business associates.
a. Maintain the Credit Unionโ€™s professional reputation.
b. Resolve complaints, questions, and problems promptly. Provides assistance as needed.
c. Represent the Credit Union in contacts with business and trade associations and otherwise promotes the Credit Unionโ€™s image.
4. Assists Community Development Specialist as directed.
a. Seek and build partnerships with community organizations to improve the credit unionโ€™s reputation in the community.
b. Participate in community organizationโ€™s events as a representative of CASE Credit Union.
c. Present new products and services to community organizationโ€™s clients.
d. Advocate to community partners the benefits of CASE Credit Unionโ€™s products and services that will assist their clients become banked.
e. Monitor various reports and evaluates findings in coordination with the Community Development Specialist.
QUALIFICATIONS
Education/Certification: College courses in Business Administration, Accounting, Finance, or related field preferred.
Required Knowledge: Knowledge of credit union processes. Knowledge of applicable federal and state financial regulations
Experience Required: One to two years of credit union experience preferred.
Skills/Abilities:
  • Solid analytical and problem solving skills
  • Attentive to detail and observant
  • Strong communication skills
  • Effective public relations abilities
  • Creative and able to develop innovative solutions
  • Time management skills
  • Ability to meet deadlines