Bankruptcy Specialist II

Overview

The organization is seeking a Bankruptcy Specialist II to collaborate with clients, industry partners, and internal teams to maximize outcomes.

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 the assigned bankruptcy portfolio, including identifying necessary filings and/or referrals to attorneys and other actions needed to facilitate the bankruptcy process
• Assist with 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
• Perform all other duties as assigned

Qualifications

Required Skills and Qualifications

• 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
• Proficiency using Microsoft Office (e.g., Excel, Word
• Effective time-management skills and ability to multi-task

Preferred Qualifications

• 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

Compensation & Benefits

• Compensation Range: $17.88 - $26.73 hourly
  • Actual compensation may vary within the range provided, depending on a number of factors, including qualifications, skills and experience.

Total Rewards Package

• Health & Welfare Coverage: Optional medical, dental, vision, life, and disability insurance
• Time Off: Paid holidays, vacation, and sick leave
• Retirement & Investment: Matching 401(k) plan and employee stock purchase plan
• Wellness Programs: Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being
• Employee Recognition: Programs that celebrate achievements and milestones
• Lifestyle & Learning Perks: Discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports continued education and professional growth

Location / Remote Employment

• Remote employment is available.
• The organization provides the necessary equipment.
• Requirements include a quiet, private place in the home and a high-speed internet connection with a minimum network download speed of 25 megabits per second (MBPS) and a minimum network upload speed of 10 MBPS.

Work Conditions

• Able to attend work and be productive during normal business hours and to work early, late, or weekend hours as needed for successful job performance
• Overtime required as necessary

Physical Demands

• Sitting up to 90% of the time
• Walking and standing up to 10% of the time
• Occasional lifting, stooping, kneeling, crouching, and reaching

Equal Employment Opportunity

The organization, its affiliates and subsidiaries, is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, disability, protected veteran status, national origin, sexual orientation, gender identity or expression (including transgender status), genetic information or any other characteristic protected by applicable law.