Vacant Property Associate

MidFirst Bank
United States, Oklahoma, Oklahoma City
Jan 19, 2025
Description The Vacant Property Associate position is responsible for monitoring loan files for vacant and delinquent properties through the foreclosure process. The primary responsibilities of the role will include completing reviews of property inspection reports provided by external vendors, external vendors of property condition changes, and invoicing vendor repair completion orders. The Vacant Property Associate will take an active role in partnering with external vendors to ensure the property is being serviced within insurer guidelines. The position will be responsible for monitoring deadlines and ensuring there is clarity between internal and external stakeholders. This position is responsible for the following actions: Monthly inspection report review to evaluate overall property condition and progress toward disposition Property condition analysis, utilizing in house software, to determine which damages need to be resolved and if new or worsening conditions exist Invoicing work orders submitted by vendors to ensure work completed was approved and remediated within insurer guidelines Vendor communication and relationship building with external network Deadline and timeline management; to include notification of timeline changes to internal and external stakeholders Property Risk Assessment to determine if overall risk of loss on the property has exceeded acceptable tolerance This position is fully onsite functioning in an administrative/clerical capacity processing loan level property preservation files Qualified candidates will possess: Candidates must possess up to one year of relevant office related work experience to be considered - Strong communication skills - Bias for Action - Strong organizational skills - Ability to learn and adapt to new and developing software programs - Strong analytical problem solving skills - Time management / ability to meet deadlines - Assertiveness and ability to provide clear direction Preference will be given to candidates who have previous property preservation, mortgage servicing, quality control, or auditing background. Incomplete applications will not be considered Qualifications Education High School (required) Experience Up to one year of relevant work experience (preferred: property preservation or property management) (required) Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)