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Loss Mitigation Manager Jobs (NOW HIRING)

The Loss Mitigation Specialist has proven mastery of the requirements of the Loss Mitigation ... Manages competing demands. Changes approach or method to best fit the situation. Able to deal with ...

The Loss Mitigation Specialist has proven mastery of the requirements of the Loss Mitigation ... Manages competing demands. Changes approach or method to best fit the situation. Able to deal with ...

The Loss Mitigation Specialist has proven mastery of the requirements of the Loss Mitigation ... Manages competing demands. Changes approach or method to best fit the situation. Able to deal with ...

The Loss Mitigation Specialist has proven mastery of the requirements of the Loss Mitigation ... Manages competing demands. Changes approach or method to best fit the situation. Able to deal with ...

The Loss Mitigation Specialist has proven mastery of the requirements of the Loss Mitigation ... Manages competing demands. Changes approach or method to best fit the situation. Able to deal with ...

Loss Mitigation Specialist

Evansville, IN ยท On-site

$17 - $27.50/hr

Responsibilities The Loss Mitigation Specialist will focus on real estate secured loans that are 40 ... On occasion, must effectively and respectfully communicate with cohorts and management within ONB ...

The Loss Mitigation Supervisor manages employees, sets objectives, and assigns work/projects related their area(s) of expertise and supervision. He or she also ensures loss mitigation reviews and ...

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Loss Mitigation Manager information

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$87.5K

$144.5K

How much do loss mitigation manager jobs pay per year?

As of May 28, 2026, the average yearly pay for loss mitigation manager in the United States is $142,017.00, according to ZipRecruiter salary data. Most workers in this role earn between $143,000.00 and $143,000.00 per year, depending on experience, location, and employer.

What does a Loss Mitigation Manager do?

A Loss Mitigation Manager oversees strategies to minimize financial losses for a lender by helping borrowers avoid foreclosure. They manage loan workout programs, negotiate repayment plans or loan modifications, and ensure compliance with regulations. Their role involves analyzing delinquent accounts, communicating with borrowers, and coordinating with legal and financial teams. Effective loss mitigation helps protect both the lender and the borrower by finding sustainable solutions to financial distress.

What are the key skills and qualifications needed to thrive in the Loss Mitigation Manager position, and why are they important?

To thrive as a Loss Mitigation Manager, you need in-depth knowledge of mortgage servicing, foreclosure prevention strategies, and relevant legal and regulatory requirements, typically supported by a bachelor's degree in finance, business, or a related field. Familiarity with loan servicing software, CRM platforms, and specialized loss mitigation systems is valuable, along with certifications such as Certified Mortgage Banker (CMB) or similar credentials. Excellent negotiation, problem-solving, and communication skills set exceptional candidates apart, along with the ability to handle sensitive customer situations with empathy. These skills are essential to effectively minimize financial losses, ensure compliance, and foster positive outcomes for both the institution and its clients.

What are some typical challenges faced by Loss Mitigation Managers in their daily work?

Loss Mitigation Managers often navigate complex cases involving borrowers facing financial hardship, requiring careful analysis and tailored resolution strategies. Balancing the needs of distressed borrowers with organizational risk management goals can present unique challenges, especially in high-volume, fast-paced environments. Managers regularly collaborate with loan officers, legal teams, and external agencies to find effective, compliant solutions. Success in the role often comes from the ability to adapt to changing regulations, maintain detailed documentation, and develop strong relationships with both customers and internal stakeholders.
What cities are hiring for Loss Mitigation Manager jobs? Cities with the most Loss Mitigation Manager job openings:
What are the most commonly searched types of Loss Mitigation jobs? The most popular types of Loss Mitigation jobs are:
What states have the most Loss Mitigation Manager jobs? States with the most job openings for Loss Mitigation Manager jobs include:
Infographic showing various Loss Mitigation Manager job openings in the United States as of May 2026, with employment types broken down into 84% Full Time, and 16% Part Time. Highlights an 88% Physical, 2% Hybrid, and 10% Remote job distribution, with an average salary of $142,017 per year, or $68.3 per hour.

Loss Mitigation Specialist

Selene Holdings

Dallas, TX โ€ข On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 27 days ago


Job description

Selene Holdings is a multiple-lines business financial services firm with a mortgage servicing company, a loan diligence company, a title company, an insurance brokerage, and a real estate owned company. We have office locations in Dallas, TX, Jacksonville, FL, and Salt Lake City, UT. Founded in 2007 to address needs in the mortgage industry, Selene strives to provide amazing client and borrower experiences. A positive attitude coupled with proven creative thinking and actions are all attributes we seek in every one of our employees. If you want to make a difference, then Selene is the place for you!
Position Summary:
The Loss Mitigation Specialist has proven mastery of the requirements of the Loss Mitigation Specialist position. It will act as the Single Point of Contact (SPOC) and is assigned a portfolio of non-performing assets to contact, negotiate and complete loss mitigation alternatives to minimize foreclosure losses. This role will handle specialty functions within the SPOC department such as liquidation outcomes, bankruptcy customers, and high value customers.
This is an In-Office position.
โ€ข Schedule is 11a-8p Monday - Thursday / 8a-5p Fridays / 1 Saturday per month 8a-12 (Overtime/No Flex Fridays)
โ€ข Training will be Monday-Friday 8a-5p CST
Essential Duties and Responsibilities include the following. Other duties may be assigned.
โ€ข Contributes to the progress of the department by understanding the measurements used to define success and how they can positively impact those measurements.
โ€ข Meets monthly individual and team goals and key performance indicators.
โ€ข Handles a portfolio of multiple mortgage products that are 90+ days delinquent, or have requested loss mitigation, as governed by investor, departmental and legal guidelines; minimizing the loss due to foreclosure through the use of loss mitigation options. Portfolios worked by a Loss Mitigation Specialist II are non-traditional workouts such as Short Sales, and Deeds-in-Lieu, as well as high risk customer types.
โ€ข Receives inbound calls and makes outbound calls to customers, attorneys, realtors and other authorized parties on the account and educates them on options available to resolve delinquencies.
โ€ข Understands and discusses customers' general requirements for loan modifications, short sales, deeds in lieu, cash for keys, and consents to judgment other loss mitigation options.
โ€ข Analyzes specific financial situations; recommends and initiates the proper loss mitigation tool to assist each borrower.
โ€ข Conducts light skip-tracing activities.
โ€ข Reviews title searches to ensure that no title issues threaten the standing of our investor's lien on the property.
โ€ข Ensures compliance with company policies and procedures.
โ€ข Reviews and update daily reports and accounts.
โ€ข This is not a work from home opportunity.
Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The qualified candidate must have:
โ€ข Excellent attention to detail.
โ€ข Ability to multi-task and consistently meet multiple deadlines.
โ€ข Strong verbal and written communication skills.
โ€ข Ability to work in a team environment.
โ€ข Ability to use good judgment.
โ€ข Strong consulting and advising customer communication skills via telephone and written communication.
Competencies: To perform the job successfully, an individual should demonstrate the following:
Adaptability - Adapts to changes in the work environment. Manages competing demands. Changes approach or method to best fit the situation. Able to deal with frequent change delays, or unexpected events.
Business Ethics- Treats people with respect. Keep commitments. Inspires the trust of others. Works with integrity and ethically. Upholds organizational values.
Communications- Expresses ideas and thoughts verbally. Expresses ideas and thoughts in written form. Expresses ideas and thoughts in written form. Exhibits good listening and comprehension. Keeps others adequately informed. Selects and uses appropriate communication method.
Customer Service- Displays courtesy and sensitivity. Manages difficult or emotional customer situations. Meets commitments. Responds promptly to customer needs. Solicits customer feedback to improve service.
Dependability- Responds to requests for service and assistance. Follows instructions, responds to management direction. Takes responsibility for own actions. Commits to doing the best job possible. Keeps commitments. Meets attendance and punctuality guidelines.
Teamwork- Balances team and individual responsibilities. Exhibits objectivity and openness to others' views. Gives and welcomes feedback. Contributes to building a positive team spirit. Puts success of team above own interests.
Education/Experience: High school diploma or general education degree (GED) required. Associate's degree (A. A.) from two-year College preferred. Two to four years' related experience and/or training required. GSE loss mitigation experience preferred, with specific emphasis on FHLMC and FNMA loss mitigation.
Computer Skills: Working knowledge of and experience with Microsoft Office (Word, Excel, and Outlook). Previous experience with MSP, Black Knight/LPS and Sagent preferred.
Why Selene?
Benefits
Selene Finance LP is committed to the total wellbeing of its employees and therefore offers one of the best benefits packages available in the industry today, which includes:
  • Paid Time Off (PTO)
  • Medical, Dental &Vision
  • Employee Assistance Program
  • Flexible Spending Account
  • Health Savings Account
  • Paid Holidays
  • Company paid Life Insurance
  • Matching 401(k) Plan

The job requirements listed above are representative of the knowledge, skills, and/or abilities required. This job description is not an inclusive list of all duties and responsibilities of this position. Incumbents will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. Selene reserves the right to amend and change responsibilities to meet business and organizational needs.
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