Bankruptcy Default Specialist
3 weeks ago
The Bankruptcy Default Specialist plays a critical role in ensuring the effective management of bankruptcy activities within Default Management. This position is responsible for providing direction and coordination of all bankruptcy-related tasks, ensuring compliance with statutory and regulatory requirements, as well as company guidelines.
Key Responsibilities- Manage all accounts actively in bankruptcy and post-bankruptcy resolution, ensuring timely and efficient processing.
- Review open bankruptcies for agreeability to presented treatment of accounts, applicable objections, and ensure all court stipulated deadlines are met.
- Determine when collection efforts are not successful and consult with Default Manager before proceeding with foreclosure.
- Negotiate with debtors, attorneys, and creditors to reach settlements or repayment plans.
- Assist in developing strategies for resolving complex bankruptcy cases and minimizing financial losses.
- Maintain relationships with internal teams and individuals to ensure support of accounts impacted by bankruptcy.
- Stay current with pending regulatory and state law changes that could impact Bankruptcy processes.
- Prepare necessary documents for referral to foreclosure attorney and communicate with attorneys, court-appointed trustees, and borrowers as necessary.
- Develop and/or enhance, implement, and manage accurate and timely functional reporting.
- Manage day-to-day internal and external relationships, establishing and monitoring service delivery/productivity/quality standards.
- Provide recommendations to management on process improvement opportunities within the department and outside where applicable to minimize risk exposure.
- Adhere to departmental and organizational policies and procedures with strict adherence.
- Minimum of 4-6 years of experience in bankruptcy management or managing/servicing non-performing loan accounts.
- Demonstrates knowledge and experience with the loss management life cycle and state and federal laws related to non-performing loans.
- Strong analytical and organizational skills.
- Experience developing and managing through policy.
- Excellent verbal, written, presentation, and leadership skills, with a strong service orientation.
- PC proficient, including Microsoft Office (Word, Excel, PowerPoint, Access, Outlook), and the Internet.
- Ability to function in a Consumer business office environment and utilize standard office equipment.
- Ability to lift a minimum of 25 lbs.
- Travel required on occasion.
- BA/BS in Accounting, Finance, or Business Management.
- Collection experience at a Credit Union or other financial institution.
- Experience or certification as a paralegal.
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Bankruptcy Default Specialist
2 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Bankruptcy Default Specialist plays a pivotal role in the Default Management team, overseeing all bankruptcy activities with a focus on statutory compliance, regulatory adherence, and company guidelines. This position is responsible for managing bankruptcy activities in accordance with established work rules, goals, and objectives to...
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Bankruptcy Default Specialist
2 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Bankruptcy Default Specialist plays a critical role in the Default Management team, providing direction and coordination of all bankruptcy activities in accordance with statutory compliance, regulatory compliance, and company guidelines. This position is responsible for managing all bankruptcy activities to improve timeline and attorney...
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Bankruptcy Default Specialist
2 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Bankruptcy Default Specialist plays a critical role in ensuring the effective management of bankruptcy activities within Default Management. This position is responsible for providing direction and coordination of all bankruptcy-related tasks, ensuring compliance with statutory and regulatory requirements, as well as company...
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Bankruptcy Default Specialist
7 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Bankruptcy Default Specialist plays a critical role in ensuring the timely and efficient resolution of bankruptcy cases. This position is responsible for managing all bankruptcy activities in accordance with established work rules, goals, and objectives to improve timeline and attorney performance.Key ResponsibilitiesManage all accounts...
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Bankruptcy Default Specialist
3 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleWe are seeking a highly skilled Bankruptcy Default Specialist to join our team at Local Government Federal Credit Union. As a key member of our Default Management department, you will play a critical role in ensuring the timely and effective resolution of bankruptcy cases.Key ResponsibilitiesManage Bankruptcy Activities: Provide direction and...
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Bankruptcy Default Specialist
5 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Bankruptcy Default Specialist plays a critical role in ensuring the timely and efficient management of bankruptcy activities within our organization. This position is responsible for providing direction and coordination of all bankruptcy-related tasks, ensuring compliance with statutory and regulatory requirements, and maintaining a...
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Default Management Specialist
5 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleThe Default Manager plays a critical role in leading the Credit Union's Default Management team, ensuring that all default management processes and procedures adhere to state and federal laws and internal Credit Union policies. This individual will navigate and report on the portfolio of non-performing loans and continually enhance processes to...
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Default Manager
6 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleThe Default Manager plays a critical role in the Credit Union's Default Management team, overseeing the monitoring and management of foreclosure activities, collateral disposition, and collections-based legal activities. This individual will ensure that all default management processes and procedures adhere to state and federal laws and...
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Default Management Specialist
3 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleWe are seeking a highly skilled and experienced professional to lead our Default Management team at Local Government Federal Credit Union. As a key member of our organization, you will play a critical role in ensuring the effective management of our non-performing loan portfolio.Key ResponsibilitiesDevelop and implement strategic goals for the...
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Default Manager
2 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleWe are seeking a highly skilled and experienced Default Manager to lead our Credit Union's Default Management team. The successful candidate will be responsible for monitoring and managing foreclosure activities, collateral disposition, and collections-based legal activities.Key ResponsibilitiesDevelop and implement strategic goals for the...
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Default Manager
6 days ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleCivic Culture is a driving force behind our organization's mission to do well by doing good. We prioritize the success and well-being of our employees, recognizing that every individual plays a vital role in supporting a healthy environment and contributing to our goal of prosperity for all.We're seeking a talented and experienced professional...
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Default Management Lead
4 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleThe Default Management Lead is a critical position at Local Government Federal Credit Union, responsible for overseeing the Credit Union's Default Management team. This team monitors and manages foreclosure activities, collateral disposition real estate and personal property, and collections-based legal activities.Key ResponsibilitiesDevelop...
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Default Management Lead
4 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleThe Default Management Lead is a critical position within the Local Government Federal Credit Union, responsible for overseeing the Credit Union's Default Management team. This team monitors and manages foreclosure activities, collateral disposition – real estate and personal property, and collections-based legal activities. The successful...
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Financial Hardship Resolution Specialist
3 weeks ago
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Supervisor in Training
2 days ago
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Senior Portfolio Manager
3 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the RoleThe Senior Portfolio Manager will lead the Credit Union's Default Management team, responsible for monitoring and managing foreclosure activities, collateral disposition, and collections-based legal activities. This individual will ensure that all default management processes and procedures adhere to state and federal laws and internal Credit...
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Business Collections Supervisor
3 weeks ago
Raleigh, North Carolina, United States First Citizens Bank Full timeJob SummaryWe are seeking a highly skilled Business Collections Supervisor to join our team at First Citizens Bank. As a key member of our Credit Resolution function, you will be responsible for supervising a team of associates who mitigate Bank losses through the collection, negotiation, and repayment of loans or other related functions.Key...
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Consumer Loan Fulfillment Specialist
2 weeks ago
Raleigh, North Carolina, United States Balchem Full timeAbout the RoleWe are seeking a highly skilled Consumer Loan Fulfillment Specialist to join our team. As a key member of our consumer lending operations, you will play a crucial role in supporting the fulfillment and booking of consumer and residential real estate loans.Key ResponsibilitiesPrepare and process consumer loan closings, including personal, auto,...
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Business Collections Supervisor
3 weeks ago
Raleigh, North Carolina, United States First Citizens Bank Full timeJob SummaryThis position is responsible for supervising a team of associates who mitigate Bank losses through the collection, negotiation, and repayment of loans or other related functions. The successful candidate will be responsible for reviewing functional processes to ensure timely and accurate resolution, facilitating daily workflow, and ensuring timely...
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Consumer Loan Fulfillment Specialist
4 weeks ago
Raleigh, North Carolina, United States Local Government Federal Credit Union Full timeAbout the PositionThe Consumer Loan Fulfillment Specialist plays a vital role in supporting the loan fulfillment process for consumer and residential real estate loans. This position will collaborate with various business units to ensure seamless loan processing, documentation, and booking.Key ResponsibilitiesPrepare and process loan documentation, including...
