What are the responsibilities and job description for the Senior Litigation Specialist position at MidFirst Bank - Default?
A Senior Litigation Specialist is responsible for the critical review of foreclosure/bankruptcy/conveyance documents and personally attesting to their 100% accuracy. Specialists must abide by all notary requirements and confidently testify to the accuracy of signed documents and general process if called as a witness or deposed. Specialists must also understand state requirements, local concerns, historical rulings by a judge/court, and loan servicing requirements so they can service escalated/litigated loans.
Additional duties include:
- Developing and maintaining relationships with attorney firm representatives, and in-house legal
- Negotiating settlement agreements
- Providing attorney/contact with any/all information requested
- Coordinating possible resolutions with Loss Mitigation
- Creating and providing reporting/updates on all escalated loans
- Providing feedback and training to Initial Review team regarding errors, new requirements, etc.
- Attending trials/hearings as a corporate representative
- Attending depositions as an individual (if subpoena is served) and/or as a corporate representative
- Maintaining confidentiality and exercise discretion in performing daily duties
- Providing fee approval based on knowledge of process/fee schedules
- Escalating trends/concerns/recommendations to appropriate parties
- Providing coverage for all steps in the document receipt/review/correction/execution/shipment process when necessary
**This position is on-site in Oklahoma City, with no opportunity for remote work.
Position Requirements
Candidates must possess 1-3 years of proven success in an office environment and demonstrate articulate and professional communication skills to be considered. Previous Foreclosure, Bankruptcy or Litigation experience preferred.
Additional requirements include:
- Ability to discuss files in a professional manner (written & oral)
- Excellent time management and multitasking skills
- Excellent/proven quality of work
- Operation/rental of a vehicle for company purposes
- Detail-oriented
- Proficient in Microsoft Office
- Strong research skills
- Flexibility with skills to succeed in an ever-changing environment
- Confident decision-making ability
- Comfortable providing direction/recommendations to team members & management
- Establish and maintain working relationships with co-workers and other business units
- General knowledge of mortgage, foreclosure, and bankruptcy documents as well as default processing is a plus, but is not required
- Comfortable providing direction/recommendations to team members & management