Bankruptcy & Legal Specialist

Medallion Bank•Salt Lake City, UT

21h•Hybrid

About The Position

Please Note: This is a Utah-based hybrid position, which will require some regular in-office days each week. Additionally, employment with Medallion Bank is contingent on passing both a background check and maintaining a clean background. How You Will Support The Team: You will be responsible for assisting the Bankruptcy and Legal Manager in documenting and filing of loan bankruptcy materials. Responds to calls, concerns, and correspondence for bankruptcy. Monitor accounts throughout the bankruptcy process and supports relationships with outside parties and/or attorneys when necessary. Ensures full compliance with loan bankruptcy regulations, and verifies the bankruptcy is secured. What you will do: Upon notification that a borrower has filed bankruptcy review the documents and schedules associated with that filing. File Proof Of Claim Ensure the treatment of our loan and collateral is fair. Monitor the bankruptcy process through Discharge to ensure disbursements are being received in a timely manner from the bankruptcy trustee. As appropriate file Objections, Motions for Relief. As necessary, attend the 341 Hearing, or the Meeting of Creditors Review loans referred for legal action and determine the best course of action. Work with outside attorneys to represent the organization and to ensure proper steps are taken with regards to the bankruptcy proceeding. Reviews attorney or third-party invoices for accuracy. Researches and verifies borrower payment history and resolves payment posting discrepancies. Respond to received subpoena’s or summons appropriately. Identify process gaps and make recommendations for continuous improvement and implement solutions approved by management. Other related projects as needed. What you need to get the job done: Bachelor’s degree in human resources, Business Administration, or a related field, or equivalent experience required. Minimum of 3 years of experience in Human Resources or a related role; prior experience as an HR Coordinator preferred. PERFERRED SKILLS Understanding of bankruptcy regulations and processes preferred. Familiarity of accounting procedures, financial reporting, and cash flow analysis preferred Confidence to work with and manage attorneys nationwide that will represent the organization in legal proceedings. Availability to travel and act as a witness and provide testimony during court proceedings. Excellent written and oral communication skills to effectively communicate with clients, internal teams and outside parties. Proven effective negotiation skills. Ability to identify issues and determine solutions. Intermediate math skills to allow for accurate calculations. What’s in it for YOU? Competitive salary and performance-based incentives Comprehensive benefits including medical, dental, vision, disability, and life insurance 401K with a company match PTO including 11 paid holidays, vacation time and sick time Financial Wellness Program Volunteer Opportunities Professional Development opportunities Awesome company culture and co-workers who love to work here! Work Life Balance – We don’t use that term lightly! Company Wide Open Door Policy PHYSICAL ENVIRONMENT AND PHYSICAL DEMANDS AND REQUIREMENTS: Hybrid work environment with a minimum of three (3) days per week in the office. Willingness to work additional in-office days as needed. About us! At Medallion Bank we finance fun! We are an industrial loan bank that specializes in providing consumer loans for the purchase of recreational vehicles, boats, home improvement, and offering loan origination services to fintech partners. We work directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a small company with a big impact. We recognize our employees as our greatest asset and have a culture to prove it!

Requirements

Bachelor’s degree in human resources, Business Administration, or a related field, or equivalent experience required.
Minimum of 3 years of experience in Human Resources or a related role; prior experience as an HR Coordinator preferred.
Excellent written and oral communication skills to effectively communicate with clients, internal teams and outside parties.
Proven effective negotiation skills.
Ability to identify issues and determine solutions.
Intermediate math skills to allow for accurate calculations.

Nice To Haves

Understanding of bankruptcy regulations and processes preferred.
Familiarity of accounting procedures, financial reporting, and cash flow analysis preferred
Confidence to work with and manage attorneys nationwide that will represent the organization in legal proceedings.
Availability to travel and act as a witness and provide testimony during court proceedings.

Responsibilities

Assisting the Bankruptcy and Legal Manager in documenting and filing of loan bankruptcy materials.
Responding to calls, concerns, and correspondence for bankruptcy.
Monitoring accounts throughout the bankruptcy process
Supporting relationships with outside parties and/or attorneys when necessary.
Ensuring full compliance with loan bankruptcy regulations, and verifies the bankruptcy is secured.
Reviewing documents and schedules associated with bankruptcy filings.
Filing Proof Of Claim
Ensuring the treatment of our loan and collateral is fair.
Monitoring the bankruptcy process through Discharge to ensure disbursements are being received in a timely manner from the bankruptcy trustee.
Filing Objections, Motions for Relief as appropriate.
Attending the 341 Hearing, or the Meeting of Creditors as necessary.
Reviewing loans referred for legal action and determine the best course of action.
Working with outside attorneys to represent the organization and to ensure proper steps are taken with regards to the bankruptcy proceeding.
Reviewing attorney or third-party invoices for accuracy.
Researching and verifying borrower payment history and resolves payment posting discrepancies.
Responding to received subpoena’s or summons appropriately.
Identifying process gaps and make recommendations for continuous improvement and implement solutions approved by management.
Other related projects as needed.

Benefits

Competitive salary and performance-based incentives
Comprehensive benefits including medical, dental, vision, disability, and life insurance
401K with a company match
PTO including 11 paid holidays, vacation time and sick time
Financial Wellness Program
Volunteer Opportunities
Professional Development opportunities
Awesome company culture and co-workers who love to work here!
Work Life Balance – We don’t use that term lightly!
Company Wide Open Door Policy