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.
• Engage in regular discussions with internal business areas to review identified issues, validate root causes, and collaborate on remediation strategies. Facilitate cross‑functional problem‑solving sessions to drive timely resolution, ensure accountability, and improve end‑to‑end loss mitigation processes.
• Partner with upstream and downstream operational teams to communicate findings, clarify process gaps, and ensure corrective actions are implemented effectively.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Typically five or more years of mortgage or related experience

Preferred Skills/Experience

• Familiarity with investor guidelines and claims processes.
• Knowledge of mortgage servicing platforms and reporting system
• 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 application

Location Expectations:

This role is expected to be onsite 3 (three) days a week at our Tamarack Rd, KY office.

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.

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:

• 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

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

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: $20.87 - $27.84

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

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.