Bankruptcy Specialist I 5269

Keesler Federal Credit Union • Gulfport, MS

2h • Onsite

About The Position

Responsible for managing accounts in the bankruptcy process to minimize losses, control legal expense and preserve the Credit Union’s interests. Performs all duties in accordance with the Credit Union’s guidelines, applicable federal, state and local regulations.

Requirements

• A high school education or GED.
• Accuracy and attention to detail required.
• One year to three years of similar or related experience.
• Must have a basic working knowledge of bankruptcy laws in order to handle calls.
• Must be able to work well under stress and be able to meet deadlines.
• Must be able to handle member problems in a professional manner.
• Must possess an outgoing personality with a helpful attitude and a well-developed telephone service technique aimed at exceptional member service.
• Must maintain confidentiality and dependability at all times.
• Must possess exceptional communication skills, verbal and written.
• Extensive use of personal PC required.
• Must be proficient in Microsoft Word, Excel, as well as use of internet and e-mail.
• Courtesy, tact, and diplomacy are essential elements of the job. Work involves much personal contact with others inside and/or outside the organization for purposes of giving or obtaining information, building relationships, or soliciting cooperation.
• Specific, distinct departmental or functional policies, criteria, and goals guide Independent judgment and decision making. The job is doing its thinking within the policies and goals for a specific department, branch or operating entity. There is significant discretion available in the job requiring interpretation of specific policies, laws, and theories. Makes daily operational decisions, but requires concurrence on out of budget or other issues affection strategic direction.
• Bankruptcy Basic Concepts, 1st Edition A1006BM 40 Minutes
• Bankruptcy Do’s and Don’ts 1st Edition A1006FM 45 Minutes; CUNA Exam A1006F
• Bankruptcy Documents 1st Edition A1006CM 35 Minutes; CUNA Exam A1006C

Responsibilities

• Codes all Bankruptcy accounts with the appropriate Bankruptcy Warnings.
• Ensures correct credit reporting to all applicable bureaus in accordance with all regulations.
• Audits all documents associated with the Bankruptcy, including but not limited to: Motion for Relief, Agreed Orders, Proof of Claims, Cram Downs and Notice of Defaults.
• Processes all trustee checks on bankrupt accounts received into Collections Department.
• Recommends Bankruptcy accounts to Collections Management for charge off.
• Responsible to answers all credit disputes related to Bankruptcy.
• Perform analysis of the debt and case to determine if any action is needed.
• File maintains accounts when discharged from Bankruptcy.
• Assist with payments on reaffirmed accounts.
• Initiates any objections via counsel with regards to bankruptcy plan.
• File signed reaffirmation agreements with courts electronically.
• Handle all bankruptcy related correspondence, phone calls, emails and tasks promptly to ensure regulatory compliance.
• Responsible for recommending vehicles for repossession that are surrendered in Bankruptcy.
• Monitors Chapter 13 payments reschedule accounts and apply disbursements accordingly.
• Responsible for follow up on all accounts on a monthly basis for proper disbursement of payments from bankruptcy trustee.
• Monitors all Bankruptcy Queues for appropriate course of action.
• Responsible for collection of reaffirmed debts still coded as Bankruptcy.
• Follows procedures for account reconciliation relating to account regaling.
• Stops statements and delinquent notices on bankrupt accounts.
• Responsible for compliance with all Federal regulations including Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC).
• Attends bankruptcy court as needed.
• Keeps up to date on current Bankruptcy and Collection Laws.
• If demand presents, may be required to assist with Collection calls.
• Performs other duties as required by management.

Benefits

• Medical, dental, and vision insurance
• Section 125 Flexible Spending Accounts for Health Care and Dependent Care expenses
• Employee and Dependent Life Insurance
• 401(k) Retirement Plan with 100% match on the first 5% contributed by you
• Paid Leave
• Tuition Reimbursement and Competitive Scholarships
• Short-Term & Long-Term Disability Benefits
• Employee Assistance Program

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: High school or GED