First American · 1 day ago
Sr. Default Advance Management Specialist (remote)
United States
Full-time
Remote
Senior Level, Lead/Staff
$30.91/hr - $41.20/hr
10+ years expFirst American is a leading entity in the mortgage servicing industry focused on providing superior technology and personalized service. The role involves conducting loss analysis reconciliation, ensuring compliance with investor guidelines, and serving as a resource for team members while adhering to strict policies and procedures.
Financial ServicesInsuranceProperty InsuranceReal EstateReal Estate Investment
Responsibilities
Complete balance reconciliation between the outstanding balances and REO/claim funds received
Complete all loss analysis within the required SLA
Refer files for supplemental claims as required
Act as a team resource and subject matter expert
Respond to client questions pertaining to loss analysis activity as required
Complete default step codes and tasking
Qualification
Required
Complete balance reconciliation between the outstanding balances and REO/claim funds received
Complete all loss analysis within the required SLA
Refer files for supplemental claims as required
Act as a team resource and subject matter expert
Respond to client questions pertaining to loss analysis activity as required
Complete default step codes and tasking
Follow departmental and business policies with strict adherence
Tasks are more complex in nature and involve evaluation and judgment
No formal supervisory responsibility but is a resource to less experienced team members
Works under general supervision applying well established techniques, procedures or specific standards
Prioritize allocated work to ensure tasks are completed within the required SLA
Loss analysis or corporate advance experience
Understanding of corporate advances, escrow, principal and interest transactions
Ability to understand and execute policy and procedures
Extreme attention to detail and ability to adhere to strict guidelines and procedures
Working knowledge of fundamental concepts, practices and procedures of investor default guidelines
Working knowledge of mortgage liquidation processes
Good verbal and written communication skills
GSE and Government experience a must
MSP and LoanSphere experience a must
Working knowledge of computer software programs to include Windows, Microsoft Word and Excel, Internet and Microsoft Outlook experience preferred
High School diploma or equivalent
Minimum 10 years of direct Loss Analysis experience
10+ years of corporate advance experience
10+ years in a mortgage default environment
Preferred
College preferred but not required
Equivalent experience
Benefits
Medical
Dental
Vision
401k
PTO/paid sick leave
Employee stock purchase plan
Company
First American
First American provides financial services through its Title Insurance and Services segment and its Specialty Insurance segment.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$450M2024-09-23Post Ipo Debt· $450M
2010-06-01IPO
Leadership Team
Kenneth D. DeGiorgio
Chief Executive Officer
Jody Mulkey
Chief Technology Officer
Recent News
2026-01-22
Company data provided by crunchbase