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Loss Mitigation Collection Manager Jobs in Tennessee

Mitigation Project Manager

Nashville, TN ยท On-site

$65K - $78K/yr

Hands-On Production Respond to emergency losses and perform mitigation services including water ... managers, roofers, insurance agents, and other industry partners. Conduct consistent in-person ...

Collection Clerk

Memphis, TN ยท On-site

$15 - $19.75/hr

... loss. This position will also assist the Open Lending Team with filing claims or reporting. The ... Prepare status reports for the Asset Remarketing/Recovery Manager. Scan all documentation into the ...

Collection Clerk

Memphis, TN ยท On-site

$15 - $19.75/hr

... loss. This position will also assist the Open Lending Team with filing claims or reporting. The ... Prepare status reports for the Asset Remarketing/Recovery Manager. Scan all documentation into the ...

Collection Clerk

Memphis, TN ยท On-site

$15 - $19.75/hr

... loss. This position will also assist the Open Lending Team with filing claims or reporting. The ... Prepare status reports for the Asset Remarketing/Recovery Manager. Scan all documentation into the ...

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Showing results 1-20

Loss Mitigation Collection Manager information

See Tennessee salary details

$79.4K

$131.2K

How much do loss mitigation collection manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for loss mitigation collection manager in Tennessee is $128,897.00, according to ZipRecruiter salary data. Most workers in this role earn between $129,800.00 and $129,800.00 per year, depending on experience, location, and employer.

What cities in Tennessee are hiring for Loss Mitigation Collection Manager jobs?

Cities in Tennessee with the most Loss Mitigation Collection Manager job openings:

Loss Mitigation Specialist I

Chattanooga, TN โ€ข On-site

Full-time

This job post hasย expired 1 day ago.ย Applications are no longer accepted.


Job description

JOB SUMMARY:
The Loss Mitigation Specialist I position is an essential part of our member solutions team, responsible for assisting members facing financial hardship and working to find appropriate solutions to prevent potential loan defaults. The Loss Mitigation Specialist I position will collaborate with members, internal departments, and the Loan Appeals Committee to implement loss mitigation strategies and maintain positive relationships.ย 


ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Review and assess member's financial documents, hardship letters, and other relevant information to evaluate eligibility for loss mitigation options.
  • Initiate contact with members experiencing financial difficulties and demonstrate empathy while explaining available loss mitigation programs.
  • Provide accurate and comprehensive information to borrowers about loss mitigation procedures, requirements, and documentation needed for the application process.
  • Facilitate the completion of loss mitigation applications, ensuring all necessary documentation is collected and verified in a timely manner.
  • Communicate effectively with members regarding the status of their applications and provide updates throughout the evaluation process.
  • Negotiate and propose alternative repayment plans, loan modifications, forbearance agreements, or other loss mitigation options for eligible borrowers.
  • Update and maintain accurate records of all member communications, application activity, and actions taken throughout the loss mitigation process.
  • Complete all courses assigned in BVS in accordance with Credit Union policy.ย 
  • Proactively demonstrate the TVFCU core values of integrity, honesty, flexibility, teamwork, leadership, accountability and strong relationships in every interaction with members.
  • Perform other duties as assigned.

EDUCATIONAL AND WORK EXPERIENCE REQUIREMENTS:

  • High school diploma or equivalent required; Bachelor's degree in Finance, Accounting, Business, or a related field preferred.
  • Previous experience in loss mitigation, loan servicing, collections, or a related financial field is preferred but not required.
  • Strong analytical and problem-solving abilities, with attention to detail in evaluating financial documents and loan information.
  • Excellent communication and interpersonal skills with the ability to demonstrate empathy while maintaining a professional demeanor.
  • Exceptional attention to detail and accuracy in record-keeping.
  • Ability to handle confidential and sensitive information with integrity and discretion.
  • Ability to work independently and as part of a team, managing multiple tasks and meeting deadlines effectively.
  • Demonstrated professionalism, discretion, and integrity when dealing with sensitive member information.
  • Willingness to adapt to changing regulations and industry best practices related to loss mitigation.

If you are considered for an offer of employment at TVFCU, you must successfully complete a pre-employment screen that includes:

  • Verification of education, employment and other pertinent data included on your employment application, and eligibility to work in the United States
  • Criminal background check and drug screening
  • Pre-employment credit check required

Pre-employment screening helps TVFCU provide a safe environment for our members and employees, minimize risk, and ensure federal compliance.