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MUFG Union Bank Account Rep Default Specialist- Remote (CA ONLY) in Sacramento, California

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 5th largest financial group in the world. Across the globe, we’re 180,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

This is a remote position. A member of our recruitment team will discuss location preferences with you in more detail.

Job Summary:

Reporting to the Assistant Vice President, the Default Specialist is responsible for managing foreclosure and/ or bankruptcy proceedings on assigned portfolio in accordance with all state and Federal laws while maintaining compliance with bankruptcy regulations, Investor, Insurer, Agency and Bank guidelines. Direct and monitor the work performed by Attorneys/ Trustee to ensure timelines are met or exceeded. Understand payment histories and decision application of funds. Develop proficiency with work assignments to ensure maximum efficiency and accuracy of work performed.

Major Responsibilities:

Develop and maintain a good business relationship with internal and external Vendors and business partners. Manage daily, weekly and bi-monthly reports to ensure that all foreclosure and/ or bankruptcy milestones are processed in accordance with Bank and/ or Agency timelines. Prepare foreclosure first legal referrals, authorizations to proceed with sales, foreclosure bids, equity analysis, motions for relief and attorney referrals and plan objections, ensuring compliance with all regulations, Investor, Insurer, Agency and Bank guidelines. Review documents for accuracy. Calculate and prepare reinstatement quotes. Provide instructions on application of funds received.

Review, research, identify and resolved title issues for defaulted loans in assigned portfolio; coordinate with vendors, title companies and attorneys. Review bankruptcy plans for appropriate treatment; make sound recommendations for objections, as applicable. Assist with filing Agency, MI and Investor claims and supplemental claims, as required. Ensure prompt submission of claims and reconcile payments received. Monitor senior lien activities.

Assist with development and implementation of departmental procedures and change management. Assist in managing aspects of vendor management including SLAs and conference calls to communicate feedback as to quality of work. Assist in managing internal and external audits. Provide support to internal partners such as Collections, Mortgage Assistance Group, Investor Reporting and Cash Transaction Operations. Complete special projects as assigned by management.


  • Requires a high school diploma.

  • 3 to 5 years of foreclosure, title, bankruptcy and/ or mortgage servicing preferred.

  • Superior knowledge of the foreclosure and/ or bankruptcy process including Agency guidelines, tools systems and options.

  • Excellent verbal and written communication skills.

  • Strong organizational and problem-solving skills.

  • Working knowledge of Microsoft Word, Excel, Access and Mortgage Servicing Platform (MSP).

The typical base pay range for this role is between $21.63 per hour – $28.84 per hour depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.

We are proud to be an Equal Opportunity/Affirmative Action Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual’s associates or relatives that is protected under applicable federal, state, or local law.


At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them!

Our Culture Principles

  • Client Centric

  • People Focused

  • Listen Up. Speak Up.

  • Innovate & Simplify

  • Own & Execute