[Hiring] Bankruptcy Specialist II @LoanCare

Role Description

We are seeking to fill the role of Bankruptcy Specialist II. The ideal candidate enjoys collaborating with clients, industry partners, and internal teams to maximize outcomes for homeowners' reasonable accommodation.

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

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

Requirements

• 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.

Benefits

• Optional medical, dental, vision, life, and disability insurance.
• Paid holidays, vacation, and sick leave.
• Matching 401(k) plan and employee stock purchase plan.
• Access to mental health resources, including free Calm memberships, and initiatives that promote physical and emotional well-being.
• Programs that celebrate achievements and milestones.
• Enjoy discounts on gym memberships, pet insurance, and employee purchasing programs, plus access to a tuition reimbursement program that supports your continued education and professional growth.

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.