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Mortgage Workout & Loss-Mitigation Specialist

Job in Newark, Essex County, New Jersey, 07175, USA
Listing for: Fifth Third Bank, N.A.
Full Time position
Listed on 2026-06-28
Job specializations:
  • Finance & Banking
    Loan Servicing, Banking & Finance, Banking Operations
Salary/Wage Range or Industry Benchmark: 50000 - 70000 USD Yearly USD 50000.00 70000.00 YEAR
Job Description & How to Apply Below
Position: Mortgage Workout & Loss-Mitigation Specialist I

Fifth Third Bank, N.A. is seeking a Homeowners Assistance Specialist I - Mortgage to analyze borrower financial statements and recommend alternatives. Responsibilities include negotiating workouts and preparing necessary documents while ensuring a positive customer experience.

The ideal candidate will have a high school diploma, at least 2 years of collections or default servicing experience, and strong skills in Microsoft Word and Excel. The role is instrumental in mitigating loan losses while adhering to bank policies.

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