Default Specialist

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, pull, and place objects weighing less than or equal to 10 pounds without assistance. 

Specific 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.