Collector & Foreclosure Specialist
MRI - Angott Search Group
Job Description
Job Description
Park Avenue Group, a division of Angott Search Group, is partnering with a global bank in Florida in the search for a Collector & Foreclosure Specialist support the bank’s consumer and regulatory compliance programs. This position is responsible for managing delinquent loans and supporting the foreclosure process. This role works directly with borrowers, attorneys, and internal teams to resolve past-due accounts while minimizing risk and ensuring regulatory compliance.
Key Responsibilities
- Contact borrowers regarding delinquent and past-due loans
- Manage severely delinquent loans through the foreclosure process
- Track foreclosure activity and sales and provide management reporting
- Serve as the liaison between borrowers, the Bank, and legal counsel
- Prepare demand letters and coordinate with internal and external attorneys
- Review and submit legal invoices and attorney fees
- Document collection activity and maintain accurate account records
- Resolve delinquent accounts while minimizing risk to the Bank
- Maintain compliance with FDCPA, BSA/AML, and applicable banking regulations
Qualifications
- Experience in collections, loss mitigation, foreclosure, or banking preferred
- Knowledge of lending, collections, and foreclosure regulations
- Strong communication, organization, and follow-up skills
- Ability to manage sensitive borrower interactions professionally
- Detail-oriented with strong documentation and reporting skills
- Commitment to treating all borrowers fairly and appropriately
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