Job Summary
The Loan Default Specialist will prepare, review and provide supporting documentation related to the process of foreclosure, deed in lieu of foreclosure or bankruptcy. This includes preparing documentation internally, providing financial information and supporting legal documents to our legal vendors, communicating with legal vendors for and transferring all reacquired units in the system of record. Record and store information using computers with business processing software. Identify issues and escalate to the appropriate person and/or department. Keep team leads/managers/directors abreast of trends and issues or status of work.
Responsibilities
- Prepare foreclosure, deed in lieu of foreclosure or bankruptcy related documentation for hand-off to external legal vendors.
- Review for completeness and accuracy documentation related to foreclosure, deed in lieu of foreclosure or bankruptcy procedures.
- Prepare and review affidavits prior to final hearings.
- Review and approve bidding instructions for foreclosure sales.
- Review title searches.
- Prepare deed paperwork in accordance with statutory requirements.
- Review completed deeds to ensure proper completion and closure.
- Review completed bankruptcy matters to ensure proper completion.
- Transfer reacquired units and updates inventory status in systems.
- Determine correct First Fiscal Year and First Year Occupancy upon reacquisition.
- Provide financial information to customers, legal vendors, or internal departments upon request.
- Review and monitor external legal vendor reports and update internal computer systems.
- Maintain computer, electronic/paper-based filing and organization systems for records, reports, documents, etc.
- Communicate with teammates and management team using clear, appropriate, and professional language to effectively exchange information. Partner with and assist others to promote an environment of teamwork and achieve common goals.
- Develop and maintain positive and productive working relationships with other employees and departments. Support all co-workers and treat them with dignity and respect.
- Prepare and review written documents (e.g., daily logs, business letters, reporting, SOP’s, and Procedures), including proofreading and editing written information to maintain accuracy and completeness.
- Complete attainable yearly goals.
- Participate in cross training and company/department trainings.
- Complete period-end and month end closing procedures and reports as specified.
Physical Tasks
- Enter and locate work-related information using computers, printers, and fax machines.
- Move, lift, carry, push, pull, and place objects weighing less than or equal to 10 pounds without assistance.
Candidate Profile
Education/Experience
- High school diploma or equivalent required; additional education in legal is a plus.
- Minimum of 1 year of related experience in legal, foreclosure, bankruptcy or financial services preferred.
Skills & Attributes
- Excellent oral and written communication skills
- Strong critical thinking, problem solving and troubleshooting skills.
- Ability to seamlessly work and contribute to teams and various department projects.
- Knowledge of Microsoft Office; proficiency in excel preferred but not required.
- Strong attention to detail and accuracy.
- Ability to handle confidential information with integrity.
- Excellent multi-tasking and time management skills
Marriott Vacations Worldwide is an equal opportunity employer committed to hiring a diverse workforce and sustaining an inclusive culture.
Skills Required
- High school diploma or equivalent
- At least one year of related experience in legal, foreclosure, bankruptcy, or financial services
- Excellent oral and written communication skills
- Strong critical thinking, problem-solving, and troubleshooting skills
- Ability to work effectively on teams and contribute to department projects
- Knowledge of Microsoft Office
- Proficiency in Microsoft Excel
- Strong attention to detail and accuracy
- Ability to handle confidential information with integrity
- Excellent multitasking and time management skills
What We Do
Marriott Vacations Worldwide encompasses a diverse portfolio of businesses — and a distinctive family of brands. Innovation. Integrity. Excellence. This is our story. And while the company spans brands and businesses, decades and continents, our shared inspiration continues to drive us forward: delivering unforgettable experiences that make vacation dreams come true. Grounded in our culture of caring and collaboration, we empower people to live their most fulfilling lives. We believe that how we do business is as important as the business we do. We put our customers at the center of every decision we make. And we hold ourselves to the highest standards of integrity and excellence, all while having fun and winning together as one team. Marriott Vacations Worldwide offers part-time and full-time careers at more than 100 resorts worldwide. Whether sharing warm, welcoming smiles, information about local fun spots or authentic cultural traditions, each of our associates leverages their passion for vacations to create fulfilling careers -- and lives. We foster environments where associates are given opportunities to grow and reach their full potential. Our first focus is to care for our associates so they can care for our customers. #TheMVWay #TeamMVW
