Bankruptcy Specialist II
Responsibilities
- Provides technical and operational assistance on all loan, lease and mortgage accounts involved in bankruptcy and/or legal action.
- Establishes complete and accurate records on accounts as required to ensure that legal, reporting and/or systems requirements are met.
- Takes appropriate action to minimize further losses and maximize the recovery.
- Researches and responds to inquiries regarding accounts involved in bankruptcy and/or legal action.
- Adheres to bank policies and procedures and complies with bankruptcy and/or legal and regulatory requirements.
- Performs other duties as assigned.
Qualifications
Basic Qualifications: High School Diploma or GED; 3+ years of bankruptcy experience in a financial institution or law firm setting.
Preferred Qualifications: Working knowledge of Microsoft Word and Excel; ability to read and evaluate bankruptcy documents filed with the courts including Petitions, Plans and Motions; ability to do detailed analysis of legal documents to mitigate potential losses; ability to set up and handle financials by accurately entering all data in the system and performing periodic balancing of accounts to ensure payments are applied correctly; ability to communicate professionally in all situations.
Exempt Status: No (eligible for overtime pay). Workplace Type: Office – flexible work arrangement possible (in‑office and work‑from‑home) as determined by hiring team.