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Loss Mitigation Supervisor Jobs (NOW HIRING)

Guild

Loss Mitigation Supervisor

$64K - $80K/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 ...

S and T Bank

Loss Mitigation Specialist

Indiana, PA · On-site

... loss mitigation process and procedures, foreclosure and bankruptcy; ensure all functions are ... supervisor. * Determine if customer qualifies for investor modification and determine which ...

Stbancorp

Loss Mitigation Specialist

Stafford, TX · On-site

... loss mitigation process and procedures, foreclosure and bankruptcy; ensure all functions are ... supervisor. * Determine if customer qualifies for investor modification and determine which ...

Arise Financial

Team Leader-Loss Mitigation

Canton, MA · On-site

$65K - $72K/yr

Previous leadership, team lead, mentoring, or supervisory experience required. * Experience in collections, recoveries, bankruptcy, repossessions, loss mitigation, foreclosures, or related lending ...

Arise Financial

Team Leader-Loss Mitigation

Lowell, MA · On-site

$65K - $72K/yr

Previous leadership, team lead, mentoring, or supervisory experience required. * Experience in collections, recoveries, bankruptcy, repossessions, loss mitigation, foreclosures, or related lending ...

PuroClean

Water & Fire Mitigation Supervisor

Crafton, PA · On-site

$75K/yr

Water & Fire Mitigation Supervisor PuroClean of Pittsburgh is growing, and we're looking for an ... Participate in the company's rotating on-call schedule and respond to after-hours emergency losses ...

M&T Bank

Loss Mitigation Underwriter II

Getzville, NY · On-site

$22.61 - $37.67/hr

Understand investor waterfalls and required documents for loss mitigation. * Manage and monitor ... Supervisory/ Managerial Responsibilities: Not Applicable. Education and Experience Required: A ...

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Loss Mitigation Supervisor information

See salary details

$87.5K

$144.5K

How much do loss mitigation supervisor jobs pay per year?

As of Aug 18, 2026, the average yearly pay for loss mitigation supervisor 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 supervisor do?

A Loss Mitigation Supervisor oversees a team responsible for helping borrowers avoid foreclosure by working out alternatives such as loan modifications, repayment plans, or short sales. They ensure that all loss mitigation processes comply with regulatory guidelines and company policies. The supervisor also monitors staff performance, provides training, and acts as a liaison between borrowers, lenders, and other departments to resolve complex cases efficiently.

What are the main challenges a loss mitigation supervisor faces when managing a team during high-volume delinquency periods?

A Loss Mitigation Supervisor often encounters increased workloads and heightened stress during periods of high delinquency, such as economic downturns. Managing a team under these conditions requires balancing effective communication, timely decision-making, and ensuring compliance with regulatory guidelines. Supervisors must also focus on maintaining team morale and providing adequate training to handle complex borrower situations, all while meeting performance targets. Collaborating closely with other departments, such as loan servicing and legal, becomes essential to achieve optimal outcomes for both borrowers and the organization.

What are the key skills and qualifications needed to thrive as a loss mitigation supervisor, and why are they important?

To excel as a Loss Mitigation Supervisor, you need expertise in mortgage servicing, default management, and regulatory compliance, often supported by a bachelor's degree in finance or a related field. Familiarity with loan servicing platforms, delinquency management software, and knowledge of FHA, VA, and other investor guidelines is typically required. Leadership, strong analytical skills, and effective communication are crucial soft skills for managing teams and negotiating with borrowers. These competencies ensure the effective resolution of delinquent loans, minimize financial losses, and maintain regulatory adherence for the organization.

What is the difference between Loss Mitigation Supervisor vs Loss Prevention Manager?

AspectLoss Mitigation SupervisorLoss Prevention Manager
Required CredentialsRelevant industry certifications, experience in loan or debt managementSecurity or retail management certifications, experience in theft prevention
Work EnvironmentLoan servicing departments, financial institutionsRetail stores, security firms, corporate security departments
Employer & Industry UsageFinancial institutions, mortgage companies

The Loss Mitigation Supervisor primarily focuses on managing loan modifications and preventing defaults within financial institutions. In contrast, the Loss Prevention Manager concentrates on reducing theft and fraud in retail or corporate environments. While both roles aim to minimize financial losses, their industries, credentials, and daily tasks differ significantly.

More about Loss Mitigation Supervisor jobs

What cities are hiring for Loss Mitigation Supervisor jobs?

Cities with the most Loss Mitigation Supervisor job openings:

What states have the most Loss Mitigation Supervisor jobs?

States with the most job openings for Loss Mitigation Supervisor jobs include:

What job categories do people searching Loss Mitigation Supervisor jobs look for?

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Loss Mitigation Supervisor jobs near you
Infographic showing various Loss Mitigation Supervisor job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 76% Full Time, 19% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 98% Physical, 1% Hybrid, and 1% Remote job distribution, with an average salary of $142,017 per year, or $68.3 per hour.

Loss Mitigation Supervisor

Guild

Remote

$64K - $80K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 28 days ago

Job description

Guild Mortgage Company, closing loans and opening doors since 1960. As a mortgage banking firm we are dedicated to serving the home owner/buyer. Our goal is to provide affordable home financing for our customers, utilizing the best terms available while providing a level of professionalism and service unsurpassed in the lending industry.
Position Summary
The Loss Mitigation Supervisor plays an important role in the organization by overseeing a number of activities directly related to the company's Loss Mitigation functions. The role is responsible for overseeing the day-to-day productivity of direct reports and monitoring reports to ensure Loss Mitigation department efficiency. 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 processes are conducted timely, accurately and in compliance with established investor, company, state and federal guidelines and regulations.
Compensation
This role is an exempt position with a Targeted Salary Range of $64,000 to $80,000 annually.
Compensation at Guild is influenced by a wide array of factors including but not limited to local and federal minimum wage requirements, education, level of experience, and applicant's geographical location.
Essential Functions
  • Monitor metrics and maximize productivity, efficiency, investor compliance and service levels for area(s) under supervision.
  • Hire, train, coach, discipline and exit team members.
  • Perform quality control and audit reviews on loans, including all income/expense calculations, to ensure compliance with agreed upon standards and state and investor guidelines.
  • Provide coaching, guidance, and recognition to reports on all FHA insured loan workouts; review work to ensure solid business decisions are made in underwriting modifications, and in reconciling and settling accounts.
  • Review denied cases and research/recommend feasible alternatives.
  • Analyze escalated accounts for compliance and exceptions to modification program guidelines.
  • Participate in calls with clients and homeowners; discuss topics and issues related to loss mitigation.
  • Provide weekly productivity reports and status updates, and remediates action items to ensure loss mitigation cases move through the decision process both on a timely basis, and in accordance with regulations and guidelines.
  • Review files requested by internal and external auditors and respond to audit findings by preparing formal responses and ensuring remediation of noted issues.
  • Ensure inventory is managed effectively and in accordance with all applicable regulations and guidelines.
  • Develop and deliver training that encompasses changes, improvements, and other information related to investor rules and regulations, compliance criteria, internal policy and guidelines, and best practices.
  • Manage department projects that encompass improvements and modifications to current processes, implementation of new processes, and skills training.
  • Role model patience and professionalism when interacting with consumers via phone, email, or letter.
  • Review FHA Waterfall Calculations and verify correct home retention loss mitigation options are chosen and communicated to borrowers.
  • Manage and control loss mitigation general ledger; review all invoices input by Specialists; reconciles TBB2 against payment of title policy invoices.
  • Perform other duties as assigned.

Qualifications
  • High school diploma and some college, technical training or equivalent required; Bachelor's degree in Finance, Business or a related field preferred, along with seven or more years total mortgage default, loss mitigation and short sale experience, with at least two years in a supervisory/lead role.
  • Expert-level knowledge of conventional and government mortgage loan documents, including overall processes and inter-relationships, standards and requirements, terminology, compliance and regulatory requirements related to federal debt collection laws, Federal Bankruptcy Laws, and proper handling of other legal situations.
  • Knowledge of Standard Operating Procedures, CFPB, FCRA and FDCPA preferred.
  • Strong interpersonal and problem-solving skills.
  • Highly organized and detail oriented; ability to work in a fast-paced, department-metrics-driven environment required.
  • Advanced math skills required.
  • Proficiency with basic internet searches, data entry, Microsoft Word, Excel, PowerPoint and Outlook required.
  • Familiarity with document retention software; Blitzdoc preferred.
  • 10-key by touch strongly preferred.

Supervision
Direct:
Number
Job Titles
3-5
Loss Mitigation Specialist
Indirect:
0
  • General supervision required, depending on experience level
  • High level of independent judgment and decision-making
  • Manage multiple priorities in a deadline-driven environment; leads with a strong sense of urgency and responsiveness
  • Excellent verbal and written communication skills
  • Strong detail orientation and highly organized
  • Hire, train, coach, discipline and exit team members.
  • Ability to be patient and train less experienced team members, respond to questions, build capability
  • Travel: 0%

Requirements
  • Physical: Work is primarily sedentary; occasionally walks and/or stands.
  • Manual Dexterity: Frequent use of computer keyboard and mouse.
  • Audio/Visual: Ability to accurately interpret sounds and associated meanings at a volume consistent with interpersonal conversation. Regularly required to accurately perceive, distinguish and interpret information received visually and through audio; e.g., words, numbers and other data broadcasted aloud/viewed on a screen, as well as print and other media.
  • Environmental: Office environment - no substantial exposure to adverse environmental conditions.

Guild offers a pleasant work environment, competitive compensation and excellent benefits package; including medical, dental, vision, life insurance, AD&D, LTD and 401(k) with employer match.
Guild Mortgage Company is an Equal Opportunity Employer.
REQ#: LOSSM018395
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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