Bankruptcy Paralegal

Celtic Bank • Salt Lake City, UT

2d • Hybrid

About The Position

The Bankruptcy Paralegal is housed within Celtic Bank’s Special Assets Division and will be primarily responsible for the facilitation and management of the Bank’s Bankruptcy portfolio. The position will work directly with Management to ensure each case is properly maintained and that the Bank’s Creditor position is well-represented, with the goal of maximizing recovery via positive Bankruptcy treatment or collateral resolution. The position requires extensive knowledge of the United States Bankruptcy Code and Bankruptcy Procedures and a working knowledge of Commercial Lending and Securitization of Collateral practices. The ideal candidate must possess strong problem-solving skills and critical thinking, while exhibiting effective communication with stakeholders to properly accomplish the demands of this position.

Requirements

• 2+ years Bankruptcy experience.
• 2+ years paralegal or legal assistant experience.
• Commercial lending/banking experience is preferred.
• Two-year or undergraduate degree is preferred.
• Detail oriented and possess excellent interpersonal, organizational, and communication (verbal and written) skills.
• Ability to solve problems and work independently.
• Must possess the ability to prioritize and support various activities simultaneously.
• Ability to thrive in a deadline-driven environment, including by demonstrating excellent time management, organization, and planning skills.
• Strong technical skills - including but not limited to Microsoft Office, Pacer, Lexis Nexis, and SharePoint/OneDrive.
• Ability to learn quickly, adapt to new processes, and work in a collaborative environment.

Nice To Haves

• Commercial lending/banking experience is preferred.
• Two-year or undergraduate degree is preferred.

Responsibilities

• Develop and implement Bankruptcy treatment and collateral resolution strategies that are consistent with Bank and Small Business Administration policies
• Prepare and file Bankruptcy Proof of Claims
• Bankruptcy case management and liaison to Celtic Bank legal counsel
• Bankruptcy file onboarding and file management
• Scheduled case maintenance and ongoing portfolio management
• Facilitate Bankruptcy and Collateral recommendations through written proposals by maintaining structured communication amongst multiple stakeholders
• Foreclosure case management and liaison to Celtic Bank’s counsel related to Bankruptcy cases
• Prepare and analyze collateral packages to determine recovery estimates
• Perform late-stage delinquency responsibilities
• Budget management and oversight of expenditures
• Order and manage site inspections, appraisals, broker price opinions and foreclosure reports
• Small Business Administration related tasks
• Routine reports generation and presentation
• Bankruptcy Notifications, Mail, and Subpoena management
• Other tasks and projects as assigned

Benefits

• Medical, dental, vision
• 401(k) with employer match
• Life and long-term disability coverage
• HSA and FSA plans
• Holidays and paid time off requests
• Robust wellness program (we’re talking catered meals three times a weeks, lunch and learns, and onsite gym.)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree
• Number of Employees: 251-500 employees