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Carrington Sr Claims Recovery & Analysis Analyst in Montpelier, Vermont

Come join our amazing team and work remote from home!

The Sr Claims Recovery & Analysis Analyst is responsible for performing financial reconciliation on all liquidated loans. Determine the root cause for all avoidable losses, work under general direction analyzing multiple data elements in order to apply the proper decision rationale and attaching evidentiary information to accurate written summaries. Work in conjunction with management team in providing the best resolution under general directions with substantial latitude to improve and prevent losses. The target pay range for this position is $23.00/hr - $27.00/hr.

What you’ll do:

  • Ability to complete both the financial reconciliation and the determination of loss once the GSE or Government Mortgage Insured “expense” claim has been paid.

  • Take on department projects from start to completion that falls within the scope of the Claims Recovery & Analysis Department.

  • Prepare Claims Recovery & Analysis Posting Ticket (when applicable) to adjust/correct previous Cash Posting Ticket processed.

  • Assist with research and responses to external and internal audits received by the Claims Recovery & Analysis Department.

  • Prepare Claims Recovery & Analysis Posting Ticket (when applicable) to adjust/correct previous Cash Posting Ticket.

  • Provide training to new and existing employees when applicable.

  • Ability to verify claim proceeds, short sale proceeds, and 3rd party foreclosure sale proceeds are accurately credited.

  • Make recommendations for enhancing processes and procedures toprevent future occurrences; escalate to management any failure to comply with investor/insurer/or CMS guidelines and requirements that resulted in the loss.

  • Keep Supervisor informed of all trends and problems including, but not limited to losses and compliance issues that will create an “out of compliance” condition or expose CMS to any risk of exposure or liability by compiling data in to a readable and usable format.

  • Responsible for staying abreast of relevant changes to GSE or Government Mortgage Insured guidelines, industry standards and client expectations.

  • Assume responsibility for completion of assigned duties. If unable to meet a deadline, the deadline must be re-negotiated prior to the initial deadline date.

  • Exercise authority required to accomplish assigned duties and responsibilities and accepts full accountability for results achieved.

  • Plan and schedule work so that it can be performed efficiently and effectively, reduces costs where possible by improving methods and processes and eliminating non-essential and manual processes and activities.

  • Responsible for learning new skills and expands job knowledge to better perform assigned duties.

  • Identify gaps in the department policies and procedures which allowed breakdown and provide recommendations to correct breakdown in process.

  • Strong knowledge of all Default Servicing processes up to and including Loss Mitigation, Bankruptcy, Foreclosure, Conveyance and Claims in addition to mortgage servicing state, federal and agency guidelines and timelines.

  • Strong background in financial and loss analysis including ability to determine: all funds/advances due CMS have been recovered.

  • Strong Accounting Background—must possess the ability to complete financial reconciliations.

  • Diplomatic and assertive communication skills.

  • Strong computer skills with MS Word, Excel.

  • Strong attention to details and have excellent time management and organizational skills.

  • Comprehensive writing skills, including proper punctuation and grammar, organization, and formatting.

  • Ability to substantiate facts and properly document them.

  • Ability to work effectively and develop rapport with all levels of staff, management, Investors/Insurers and 3rd parties.

  • Ability to make decisions that have moderate impact to immediate work unit.

  • Ability to identify urgent matters requiring immediate action and properly escalating them.

  • Ability to handle multiple tasks under pressure and changing priorities.

What you’ll need:

  • High School diploma required; Associate/Bachelor Degree related/other field preferred.

  • Five to eight (5-8) years’ of mortgage servicing default experience

  • Previous FHA, VA, USDA and PMI claims experience preferred

  • One (1) or more years’ LoanServ experience for all default related workstations.

Our Company:

Carrington Mortgage Services is part of The Carrington Companies, which provide integrated, full-lifecycle mortgage loan servicing assistance to borrowers and investors, delivering exceptional customer care and programs that support borrowers and their homeownership experience. We hope you’ll consider joining our growing team of uniquely talented professionals as we transform residential real estate. To read more visit: www.carringtonmortgage.com .

What We Offer:

  • Comprehensive healthcare plans for you and your family. Plus, a discretionary 401(k) match of 50% of the first 4% of pay contributed.

  • Access to several fitness, restaurant, retail (and more!) discounts through our employee portal.

  • Customized training programs to help you advance your career.

  • Employee referral bonuses so you’ll get paid to help Carrington and Vylla grow.

  • Educational Reimbursement.

  • Carrington Charitable Foundation contributes to the community through causes that reflect the interests of Carrington Associates. For more information about Carrington Charitable Foundation, and the organizations and programs, it supports through specific fundraising efforts, please visit: carringtoncf.org.

EEO/AAP Employer

Notice to all applicants: Carrington does not do interviews or make offers via text or chat.

#LI-SY1

Carrington is an equal opportunity employer. It is the policy of the company that applicants be considered for positions for which they qualify without regard to race, color, religion, sex, gender identity, national origin, ancestry, age, marital status, sexual orientation, protected veterans status, physical or mental disability or any other legally protected category. Carrington will make reasonable accommodations for known physical or mental limitations of a qualified applicant or employee with a disability unless the accommodation will impose an undue hardship on the company.

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