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Bankruptcy Specialist II

Summary:
The Bankruptcy Specialist II provides technical and operational assistance on all loan, lease and mortgage accounts involved in bankruptcy and/or legal action.
  
Duties and 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.

 

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
  • Should be able to read and evaluate bankruptcy documents filed with the courts including but not limited to Petitions, Plans and Motions
  • Should have the ability to do detailed analysis of legal documents to mitigate any potential losses
  • Should have the ability to set up and handle financials by accurately and thoroughly entering all data in the system in the prescribed manner and to do periodic balancing of accounts to insure payments are applied correctly
  • Should be able communicate in a professional manner in all situations