Repossessions and Recoveries - Bankruptcy Litigation Spclst

Golden 1 Talent Acquisition Team•Sacramento, CA

3d•$25 - $26•Hybrid

About The Position

This role is for a Bankruptcy Litigation Specialist within the Repossessions and Recoveries department at Golden 1 Credit Union. The specialist will be responsible for managing bankruptcy-related recovery processes, ensuring compliance with legal and regulatory requirements, and minimizing losses for the Credit Union. This hybrid role in Sacramento, CA, requires expertise in bankruptcy, litigation, and debt recovery, with a focus on balancing member service with risk mitigation.

Requirements

Bachelor’s Degree in related field or equivalent work experience required
5+ years with Bankruptcy, Legal Settlements, loss mitigation, or related field (i.e. underwriting, credit etc.) with banks, savings and loans, credit unions or other finance companies required
Knowledge of all duties of a Member Care Rep I, II, Escalations Rep, and Member Care Support II functions.
Knowledge of the charge off accounts, repossession, reinstatement, expulsion, redemption request and proof of claim process.
Strong analytical abilities, attention to detail, and sound judgment.

Nice To Haves

Results-oriented collections and recovery professional with expertise in bankruptcy, litigation, and debt recovery processes.
Skilled negotiator and trusted problem-solver who balances member service with risk mitigation.
Ensuring compliance with complex legal and regulatory requirements.

Responsibilities

Research and respond to inquiries from members and other Golden 1 departments and branches on delinquent loans and account problems.
Monitor compliance of credit union policies and Fair Debt Collection Practices.
File proof of claims, establish and maintain bankruptcy plan trackers, and monitor stipulated judgments to ensure payments are received as agreed.
Update account files with payment dates.
Make recommendations to file motions for relief of stay.
Review motions to value and ensure liens are reconvened per statute or regulation.
Review and recommend objections to Bankruptcy plans to ensure Golden 1 recoverables are within statute.
Document account summaries on all actions taken to assess the need for escalated Member Care efforts.
Recommend and prepare accounts for legal action based on account conditions and recovery strategies set by Member Care.
Contact members, Trustees, and Attorneys by phone demonstrating a high level of negotiation skills to generate acceptable repayment plans.
Monitor and track approved attorney referral accounts for civil action.
Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance, including SCRA, FDCPA, TCPA, FCRA, BSA, Bankruptcy statutes, Proof of Claims Process, Wage Garnishments, Small claims, Legal Stipulation agreements, and anti-money laundering laws.
Represent Golden 1 during legal proceedings.
Assist Management in preparing monthly reports and month-end statistics for Senior Management for the Member Care Department.
Support department goals by meeting performance standards in all areas of the collection process.
Perform other duties as assigned.