LoanCare · 3 hours ago
Bankruptcy Specialist II
United States
Full-time
Remote
Mid Level
3+ years exp
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Responsibilities
Work with vendors, attorneys, clients, and other stakeholders to ensure best practices and industry standards are observed
Review and reallocate funds in suspense to ensure proper payment application
Evaluate and approve fee requests within applicable investor guidelines
Assist internal departments to ensure proper servicing action is taken
Perform and maintain controls as required by internal procedures
Stay abreast of bankruptcy laws/procedures and governing investor guidelines
Review accounts at acquisition/onboarding to ensure compliance with internal controls
Manage Bankruptcy milestones
Monitor Bankruptcy docket to ensure appropriate action is taken
Complete comprehensive monthly review of assigned bankruptcy portfolio (including but not limited to identifying necessary filings and/or referrals to attorneys, and other actions needed to facilitate the bankruptcy process)
Assist in quality control of vendor-managed processes
Monitor and oversee vendors for assigned tasks and processes
Review attorney-prepared documents for execution
Conduct research on bankruptcy matters (e.g., payment application, payment history, trustee ledger, and cancelled checks)
Correspond with attorneys and promptly address requests for information and documents
Review and reconcile accounts at bankruptcy case closure
Monitor and process mail
All other duties as assigned.
Qualification
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Required
High School Diploma or equivalent required.
Working knowledge of accepted business practices in the mortgage industry and/or strong understanding of federal bankruptcy processes
Proficiency in bankruptcy search tools
Good analytical and problem-solving skills
Good verbal and written communication skills
Experience using Microsoft Office (e.g., Excel, Word)
Effective time-management skills and the ability to multi-task
Preferred
Bachelor’s Degree in Business or related field preferred
3+ years of experience in bankruptcy/default mortgage servicing, general mortgage servicing, or the legal field preferred
Working knowledge of Black Knight Desktop-PM preferred
Black Knight-MSP (Mortgage Servicing Platform) experience preferred
Company
LoanCare
LoanCare® is a leading provider of full-service mortgage loan subservicing, including special loans, white label, and marketing services.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Jim Lauter
Chief Financial Officer and Executive Vice President
Suzanne Szymoniak
Chief Compliance Officer, SVP
Company data provided by crunchbase
