The Core Responsibilities!
ManageĀ loansĀ for bothĀ commercialĀ and residentialĀ portfoliosĀ inĀ enforcementĀ action from the initiation of legal action throughĀ litigation,Ā sale liquidation, mortgage insurance transfer andĀ theĀ claim processĀ as required. Actively manageĀ assignedĀ accounts upon commencement of mortgage enforcement (Power of Sale and Foreclosure) until the mortgage is either up to date, paid out,Ā sold,Ā or transferred toĀ theĀ mortgageĀ insurer and where applicable, the claim is paid by the insurer.Ā Liaise with internal and external parties such as lawyers, real estate agents, property managers, and mortgage insurersĀ toĀ obtainĀ bestĀ result for the Bank.Ā Ensure all accounts and required activity are completed and documented within the established timelines.Ā AnalyzeĀ andĀ recommend resolution strategies. This includes,Ā but not limited to, recommendations for provisions, financial loss calculation/reconciliation, an...