Loss Forensic Analyst

Overview

The Loss Analysis Specialist performs detailed reviews on servicing files after claims recoveries have completed, to determine losses and root causes, submit chargebacks to departments and vendors for avoidable losses, clear out appropriate balances on the loan and close the REO Workstation down.

• Performs a detailed review of the servicing file from date of default to final claim payment.
• Reviews claim to determine if a supplemental claim is needed.
• Performs a root cause analysis of the servicing file from date of default through final close out to ensure all regulatory and contractual requirements are adhered to.
• Submits RCA (root cause analysis) chargebacks to vendors and departments as appropriate for avoidable losses incurred, providing detailed backup and answering any follow‑up questions the business line may have.
• Identifies contractual versus non‑contractual loss, type of loss, and reconciles final accounting.
• Sends requests and documents system to clear balances and close down REO Workstation.
• Identifies missed steps or steps outside the review and reporting process and flags them in Director.
• Assists in training new team members.
• Serves as Subject Matter Expert for client and inter‑departmental escalations.
• Other duties as required.
• Appropriately assesses risk when business decisions are made, including but not limited to compliance and operational risk. Demonstrate consideration for.
• Ensures all GSE loans have accurate reasons for delinquency and proper status codes by month‑end.
• Ensures accurate and timely FHA and VA monthly default reporting, using FHA Connection and VA Valeri.
• Conducts postmortem analysis of loans to determine what is claimable and what is not attributed to each scenario.
• Determines controllable loss and assigns it to the upstream business unit to understand process gaps and avoid future losses.
• Manages very manual processes requiring a strong understanding of the process due to their manual nature.
• Conducts forensic loss analysis/post‑mortem on loans after claims have been paid to determine if the loss is the client’s or the company’s.
• Prepares loss sheets for clients detailing the cost.

Loss analysis, loss control, fraud detection, MS Excel, forensic, analysis, default, mortgage, loan processing, loan underwriting.

• Very strong in Excel with daily use of VLOOKUP and Pivot Tables.
• Experience with tools such as CMAX, Venderscape, Docuware, Assurant, Safeguard, Meta, GFX Wires, USDA claims site, Moveit, Synergy, Quality Claims, iDesk, Access, SiteX, Lotus Notes, REOTrans, CARES, Value Finder, Equator, Certus, SOX, New Invoice, , LPS, AS400, SharePoint, Documentum, TRAX, SERFS, CIM7, Cognos, Remedy Star, File Net, Neighborhood Watch, LoanIQ, Quick Books.

Intermediate Level.

• Contract to Hire.
• Location:
  
  Ewing, NJ.

The pay range for this position is $26.00–$38.00 per hour.

• Medical, dental & vision.
• Critical Illness, Accident, and Hospital.
• 401(k) Retirement Plan – Pre‑tax and Roth post‑tax contributions available.
• Life Insurance (Voluntary Life & AD&D for the employee and dependents).
• Short and long‑term disability.
• Health Spending Account (HSA).
• Transportation benefits.
• Employee Assistance Program.
• Time Off/Leave (PTO, Vacation or Sick Leave).

This position is anticipated to close on Jan 29, 2026.

We’re partners in transformation. We help clients activate ideas and solutions to take advantage of a new world of opportunity. TEKsystems is an Allegis Group company and a leading provider of business and technology services. We accelerate business transformation for our customers with strategy, design, execution, and operations to unlock business value.

TEKsystems is an equal opportunity employer and will consider all applications without regard to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.