TD Bank Jobs

Job Information

TD Bank Loss Mitigation Specialist III-8am to 5pm Mon-Fri in Falmouth, Maine

368592BR

Job Title:

Loss Mitigation Specialist III-8am to 5pm Mon-Fri

TD Description:

About TD Bank, America's Most Convenient Bank®

TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US .

TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com .

Auto req ID:

368592BR

Department Overview:

8am to 5pm Mon-Fri

Recovery TD Helps

Underwriting Experience, management & people skills, Adapt to projects to be done right away.

MS office and excel experience.

Organization and attention to detail a must.

Country:

United States

Job Requirements:

  • Must be eligible for employment under regulatory standards applicable to the position.

Initiates processing and resolution of bankruptcy, foreclosure and workout activities for assigned accounts, focusing on homeownership counseling activities and negotiating workout solutions and ensuring prompt resolution of legal matters

Resolves escalated issues and problems by conferring with staff, other internal departments, outside contacts and others as necessary

Provides training and mentoring for new and less experienced staff

Participates in the development of operating policies and procedures

Works with Customers or agents of Customers to resolve delinquency and continued legal action or adverse action

Authorized to execute items such as deeds, security agreements, financing statements, assignments, releases, affidavits, and other instruments incident to those documents listed and necessary to carry out and effectuate the proper servicing and/or collection of loan debt to the bank

Provides technical guidance and assists staff with the most complex aspects of work as necessary

Coordinates with attorneys, trustees, debtors and others to research estates in bankruptcy, probate or workout in various states to minimize losses and maximize recoveries

Coordinates subsequent asset sales and other collection and recovery activities to secure maximum payback for Company owned property

Completes necessary account documentation, involving inside and outside personnel as needed

Initiates loss mitigation activities after approval of foreclosure; Coordinates asset sales and other collection and recovery activities to secure maximum payback for Company owned property

Hours:

40

Job Description:

The Loss Mitigation Specialist III performs a variety of activities related to reducing potential losses from problem accounts. Specializes in or leads the activities of one or more of the following areas: Loss Mitigation, Bankruptcy, Probate, and Workout.

Inclusiveness:

At TD, we are committed to fostering an inclusive, accessible environment, where all employees and customers feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live in and serve, and creating an environment where every employee has the opportunity to reach their potential.

If you are a candidate with a disability and need an accommodation to complete the application process, email the TD Bank US Workplace Accommodations Program at USWAPTDO@td.com . Include your full name, best way to reach you, and the accommodation needed to assist you with the application process.

EOE/Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity.

Province/State:

Maine, South Carolina

City:

Falmouth (ME), Greenville

Qualifications:

Associate's degree or work experience equivalent to associate's degree required

3+ years' experience required

Proven knowledge and experience in effective collection regulations, techniques and practices

Detailed knowledge of loan agreements and security agreements

Ability to apply understanding of bankruptcy law, principles and practices related to real estate transactions to accounts managed

Knowledge of real estate investor and insurer guidelines

Knowledge of foreclosure procedures and legal and regulatory guidelines, including mobile homes and agency loans (VA, HUD and others)

Knowledge of legal regulations relating to real estate resale after foreclosure

Communication skills, both verbal and written

PC skills

Detailed knowledge of bankruptcy law, including Chapters 13 and 7, probate and/or workout law

Knowledge of bankruptcy legal procedures, including Relief from Stay, property abandonment, Proofs of Claim, conversion of Chapter 13 to 7 and Chapter 13 repayment plans

Knowledge of foreclosure procedures and legal and regulatory guidelines, including mobile homes and agency loans (VA, HUD and others)

Knowledge of workout options

Knowledge of specific regulations in various states in which Company does business

Ability to apply understanding of bankruptcy law, principles and practices related to real estate transactions to accounts managed

Knowledge of real estate investor and insurer guidelines

Knowledge of legal regulations relating to real estate resale after foreclosure

Communication skills, both verbal and written

Work Location:

70 Gray Road West Falmouth Crossing, Greenville Campus Building B - 200 Carolina Point Parkway

Business Line:

TD Bank AMCB

Job Category - Primary:

Operations & Underwriting

Job Category(s):

Operations & Underwriting

**Province/State (Primary):

Maine

ProvState 2:

South Carolina

City (Primary):

Falmouth (ME)

City(s) 2:

Falmouth (ME), Greenville

Job Family:

Retail / Commercial Operations

Time Type:

Full Time

Employment Type:

Regular

Hours/Availability Detail:

8am to 5pm Mon-Fri

Federal law prohibits job discrimination based on race, color, sex, sexual orientation, gender identity, national origin, religion, age, equal pay, disability and genetic information.

DirectEmployers