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At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The Mortgage Loss Analyst is responsible for performing financial reconciliation on liquidated loans, ensuring all claims comply with investor/insurer requirements and identifying opportunities to recover funds and mitigate losses. This role involves detailed loan-level reviews, coordination with claims teams, and preparation of monthly financial reports. Analysts will also manage loan disposition tasks and ensure accurate clearing of balances post-reimbursement.

Essential Responsibilities:

• Reconcile all loan advances after applicable claims have been filed/paid.

• Conduct detailed reviews to identify reimbursement opportunities and reduce losses.

• Compare filed claims against investor guidelines and coordinate rebuttals or supplemental claims.

• Research incurred losses to determine responsibility and identify billback opportunities.

• Prepare monthly reporting for the finance team.

• Complete loan disposition tasks and open system tasks to clear remaining balances.

• Recommend process improvements to reduce operational costs.

Preferred Qualifications:

• Familiarity with investor guidelines and claims processes.

• Knowledge of mortgage servicing platforms and reporting systems.

Basic Qualifications

- Bachelor's degree, or equivalent work experience

- Typically five or more years of mortgage or related experience

Preferred Skills/Experience

- Thorough knowledge of Bank’s operational policies, procedures, products, and services

- Strong analytical and problem-solving skills

- Ability to manage multiple tasks/projects and deadlines simultaneously

- Effective interpersonal, verbal and written communication skills

- Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants (https://careers.usbank.com/global/en/disability-accommodations-for-applicants) .

Benefits:

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

+ Healthcare (medical, dental, vision)

+ Basic term and optional term life insurance

+ Short-term and long-term disability

+ Pregnancy disability and parental leave

+ 401(k) and employer-funded retirement plan

+ Paid vacation (from two to five weeks depending on salary grade and tenure)

+ Up to 11 paid holiday opportunities

+ Adoption assistance

+ Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

E-Verify

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $23.65 - $31.54

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.