Senior Bankruptcy Specialist
2 weeks ago
As a Bankruptcy Specialist at State Employees' Credit Union, you will play a crucial role in managing non-performing loan administration, ensuring compliance with credit union policies and procedures, and adhering to applicable legal rules and federal, state, and local regulations.
Key Responsibilities
- Manage assigned workflow and meet or exceed key performance requirements and metrics as established by management.
- Communicate effectively with borrowers, attorneys, and internal teams regarding bankruptcy status, loss mitigation options, and asset recovery.
- Process and analyze bankruptcy documents, including annual escrow analysis, notice of payment change, and reconciliation of final accounting of payments made during the bankruptcy case.
- Ensure accurate and timely updates to loan operating systems, including bankruptcy tracking dates, notes, tasks, steps, pre and post-petition payments, and imaging of related documents.
- Collaborate with internal teams to research, identify, and correct processing and payment application errors.
Qualifications
- High School diploma or equivalent; advanced education preferred, including a Bachelor's degree or equivalent work experience.
- Three years of relevant experience in loan administration, bankruptcy processing, or a related field.
- Demonstrated experience with loan operating systems, including but not limited to PACER, ICE/MSP, ALS, NICE, and OnBase.
- Strong PC skills, including working knowledge of Microsoft Office Suite, including Word and Excel.
- Familiarity with credit union policies and procedures, including relevant Freddie Mac, Fannie Mae, and/or MI servicing guidelines.
- Familiarity with pertinent local, state, and federal laws and regulations, including Bankruptcy laws and FDCPA.
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