Bankruptcy Specialist jobs in United States
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Hancock Whitney · 2 months ago

Bankruptcy Specialist

Hancock Whitney is a financial institution seeking a Bankruptcy Specialist. The role involves monitoring and updating accounts in the bankruptcy process, ensuring compliance with regulations, and working to minimize losses while completing the bankruptcy process efficiently.

BankingFinancial Services

Responsibilities

Receives and validates new bankruptcy notifications and sets up account in Debt Manager
Reviews accounts to determine the optimal course of action, while ensuring accounts are handled in full compliance with bankruptcy laws and company policies and procedures
Processes all bankruptcy related documentation including but not limited to Proof of Claims and Reaffirmations
Prepares documentation packages for outside counsel on loans that involve the filing of Motion for Relief, Objections, and Agreed Orders
Works with outside counsel to resolve issues where additional information or documentation is needed
Monitors accounts to ensure that outside counsel is working accounts timely and in accordance to the SLA timeframes
Coordinates matters involving disposition of collateral including redemptions, repossessions, voluntary surrenders and foreclosures with the appropriate internal departments
Ensures accounts are properly documented with actions taken, correspondence, and explanation of controllable versus non-controllable delays. Escalates unwarranted delays to Team Lead and/or Supervisor
Monitors accounts for payments and accesses bankruptcy trustee websites to determine the status of payments to trustee. Ensures that payments are applied to accounts correctly
Performs all other responsibilities and duties deemed necessary

Qualification

Consumer bankruptcy knowledgeCFPB complianceMicrosoft Office proficiencyCommunication skillsInterpersonal skillsOrganizational skillsTime management skills

Required

High School Diploma
One year related experience and/or training in collection and recovery or consumer bankruptcy
Strong communication, interpersonal, and organization skills; time management skills; and professional demeanor
Competent in Consumer Financial Protection Bureau (CFPB) and State/Federal Regulatory requirements relative to bankruptcy and/or collection work
Proficient knowledge of Microsoft Office products to include Word, Excel, PowerPoint
Ability to work under stress and meet deadlines
Ability to adapt quickly to changing priorities
Ability to work independently within a fast-paced environment
Ability to implement or support initiatives as assigned
Ability to read and interpret a document if required to perform the essential job functions
Ability to travel if required about 10% of the time to perform the essential job functions
Ability to lift/move/carry approximately 10 pounds if required to perform the essential job functions

Company

Hancock Whitney

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Hancock Whitney is offers a wide array of banking and financial services.

Funding

Current Stage
Late Stage

Leadership Team

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Mike Achary
CFO
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Shane Loper
Chief Operating Officer
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Company data provided by crunchbase