Bank of the West Foreclosure Processor - Omaha in Omaha, Nebraska
Foreclosure Processor - Omaha
At Bank of the West, our people are having a positive impact on the world. We’re investing where we feel we can make the most impact, like advancing diversity and women entrepreneurship programs, financing for more small businesses, and promoting programs for sustainable energy. From our locations across the U.S., Bank of the West is taking action to help protect the planet, improve people’s lives, and strengthen communities. We are part of BNP Paribas, a global leader supporting the UN Sustainable Development Goals (SDGs). Yes, we’re a bank, but as the bank for a changing world, we are continually seeking to improve the ways we help our customers, while contributing to more sustainable and equitable growth.
Job Description Summary
Responsible for initiating foreclosure legal action and monitoring process until conclusion by working with external and internal parties within all established policies, procedures and regulations for all applicable insurers and investors. Responsible for handling legal adverse actions by working as liaison between internal and external parties to ensure all proper actions are resolved in order to protect Bank of the West interest.
Essential Job Functions
Review new foreclosure legal cases for required pre-foreclosure requirements, prepares and submits appropriate documentation to foreclosure attorney for the appropriate state in which the property is located.
Review foreclosure legal cases to ensure appropriate actions are being taken within insurer and investor timeframes. To include working with foreclosure attorneys and vendors to document any delays. Review, preparation and execution of foreclosure legal forms within in state and/or compliance regulations.
Reporting and communication with insurer and investors on status request per guidelines to avoid penalties. Reporting any delays in the process to insurer and investors.
Handling of customer calls to inbound call center in order to provide customers with foreclosure status, repayment options and Loss Mitigation Options. To include preparing accurate reinstatement and payoff quotes at the request of customers.
Handles and resolves foreclosure exception items involving Investor Reporting, Risk Management, Audit and Accounting/Controller's area.
Processing of vendor payments to ensure proper billing for services and amount within the insurer and investor guidelines.
Other Job Duties
Handles the settlement of outstanding deficiencies.
Review of adverse actions and determines action.
Assists with the training of the Foreclosure Processor I employees.
Performs other duties as assigned.
Requires basic job knowledge of systems and procedures obtained through prior work experience or education.
May require vocational or technical education in addition to prior work experience.
- High School Diploma or GED Required
Ability to meet deadlines and time parameters.
Attention to details.
Analytical and research skills.
Verbal and written communication skills.
Equal Employment Opportunity Policy
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.
Job: Collections / Commercial Workouts
Location: United States-Nebraska-Omaha
Requisition ID: 056351