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Loss Mitigation Manager Jobs (NOW HIRING)

Guild

Loss Mitigation Supervisor

$52K - $76K/yr

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 ...

Guild

Loss Mitigation Supervisor, SPOC

$64K - $90K/yr

The role is directly responsible for managing, training and coaching employees, as well as setting ... Assure Loss Mitigation SPOC Representatives manage call volumes in accordance with all applicable ...

Gateway First Bank

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Mortgage Loss Mitigation Specialist I

Tulsa, OK · On-site

Jenks, OK - Gateway First Bank's Mortgage Loss Mitigation Specialist I interacts with customers via ... Major changes in areas of responsibility may occur, as directed by management, and will require ...

Fay Servicing

Lead Loss Mitigation Specialist

Rosemont, IL · On-site

$23.37 - $26.97/hr

Reporting to the AVP, Loss Mitigation, this position is responsible for guiding and coordinating ... Strong organizational and time management skills * Ability to effectively prioritize numerous tasks ...

Fay Servicing

Lead Loss Mitigation Specialist

Rosemont, IL · Hybrid

$23.37 - $26.97/hr

... managing re-performing and non-performing loans, as well other specialty products like Non-QM ... Reporting to the AVP, Loss Mitigation, this position is responsible for guiding and coordinating ...

LoanCare

Loss Mitigation Coordinator- Remote

$58K - $98K/yr

Oversee preparation of daily, weekly, monthly, and ad hoc management reports. * Serve as liaison between Loss Mitigation, Information Services, and other business units. * Direct design, development ...

Stbancorp

Loss Mitigation Specialist

Stafford, TX · On-site

... loss mitigation process and procedures, foreclosure and bankruptcy; ensure all functions are ... Manage the foreclosure process in conjunction with our approved Legal Counsel; ensure that ...

S and T Bank

Loss Mitigation Specialist

Indiana, PA · On-site

... loss mitigation process and procedures, foreclosure and bankruptcy; ensure all functions are ... Manage the foreclosure process in conjunction with our approved Legal Counsel; ensure that ...

Wellby

Loss Mitigation & Recovery Specialist

Webster, TX · On-site

Manage Reworks, Repossessions, Bankruptcy, charge-off negative share accounts. * Make corrections ... Implement loss mitigation options, prepare, process and send appropriate notifications. * Perform ...

Wellby

Loss Mitigation & Recovery Specialist

Webster, TX · On-site

Manage Reworks, Repossessions, Bankruptcy, charge-off negative share accounts. * Make corrections ... Implement loss mitigation options, prepare, process and send appropriate notifications. * Perform ...

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Loss Mitigation Manager information

See salary details

$87.5K

$144.5K

How much do loss mitigation manager jobs pay per year?

As of Jul 13, 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 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 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 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.

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Loss Mitigation Manager jobs near you
Infographic showing various Loss Mitigation Manager job openings in the United States as of July 2026, with employment types broken down into 71% Full Time, 26% Part Time, 2% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $142,017 per year, or $68.3 per hour.
Assistant Loss Mitigation Manager

Assistant Loss Mitigation Manager

TEXELL CREDIT UNION

Temple, TX

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 12 days ago

Job description

Top Central Texas Credit Union is seeking an Assistant Collections Manager to assist our Loss Mitigation team onsite at our Temple, TX headquarters.

Texell was named one of the "Best Credit Unions to Work for" in the nation by the Credit Union Journal. Texell has been honored with the Excellence in Lending Award from CUNA Mutual Group, the Desjardins Adult Financial Literacy Award from the Texas Credit Union League, the "Best Bank/Credit Union" by the readers of the Temple Daily Telegram, "Best Credit Union" by the readers of the Killeen Daily Herald and the Belton Journal and consistently earns the highest five-star, superior rating for financial soundness from Bauer Financial.

As an Assistant Collections Manager, you will:

  • Provide support to theDepartmentManager in ensuring organizational goals are met.
  • Direct and coordinate the activities in a Credit Union Facility with a staff of less than 10 employees. Our Collections team acts as a small Call Center environment to provide support to members via phone, email, as well as support to our branches.
  • Apply Credit Union strategies to ensure effective implementation of sales and service culture.
  • Ensure team membersare trained in all department functions.
  • Complete monthly reporting,coaching,and develop staff to enable them to reach their full potential.

We're looking for someone who:

  • Has a college degree -or -2-5 years of similar or related experience in the Collections field, including training and/or supervision of others (required).
  • Thrives in a fast-paced work environment.
  • Has stable job history (we like to see candidates who have been with previous employers for 2+ years or more).
  • Can meet multiple deadlines while managing heavy workloads.
  • Loves training and developing others to reach their full potential.
  • Is a thoughtful and caring leader capable of inspiring staff members to do their best.
  • Is a good communicator, and someone who enjoys collaboration.
  • Adheres to the highest ethical standards, and someone who exhibits professional conduct all the time.

We want you to know:

  • Texell offers an excellent benefits package, including health, dental, vision, 401K with a dollar for dollar match up to 6%, paid vacation time, and paid sick leave! Vacation and sick time accruals start on your 1st day with the credit union and any unused time may roll over to the next year.
  • Texell holds company events such as Yearly Awards Banquet, Employee Family Day, Back to School Supplies for your Kids, and more!
  • We participate in sporting events such as the annual Corporate Challenge with the City of Temple (don't mess with our volleyball team!).
  • Texell is passionate about helping ourcommunity and we volunteer for several events each month with our team called Texell Serves such as food pantry distributions, blood drives, Santa for a Senior, and many more!

Apply