Notification /Updates

US Bank; Chennai; On-site; INR 400,000 - 700,000; Full time

Job summary

U.S. Bancorp India is seeking a detail-oriented associate to manage bankruptcy notifications and coding for consumer and small business accounts, ensuring automatic stay compliance.

Responsibilities include processing updates, manual coding exceptions, QA reviews, and documentation, with strong collaboration with attorneys and customers. The role requires careful docket reviews, knowledge of bankruptcy chapters, and proficient use of Microsoft365 tools, ECS, and CACS CDS screens to maintain

Qualifications

• High school diploma or equivalent.
• Typically four or more years of clerical and customer service experience.
• Thorough knowledge of products, services, terminology, procedures and systems related to assigned area.
• Strong attention to detail and accuracy.
• Ability to research and resolve match criteria.

Responsibilities

• Review and process bankruptcy notifications and updates from vendors or mail.
• Code accounts as bankrupt in the system and exclude from collection to comply with automatic stay.
• Perform quality assurance reviews and maintain accurate documentation.
• Collaborate with attorneys and account holders; provide regular training and adhere to controls.
• Handle documents and records; support compliance through routine audits and procedures.

Skills

Bankruptcy processing

Attention to detail

Communication

Independent work

Problem solving

Microsoft 365

Compliance awareness

Education

High school diploma or equivalent

Tools

CACS CDS screens

ECS

ICS

Job description

Job Description

At U.S. Bancorp India, we're on a journey to do our best. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bancorp India gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description: The team member is responsible for ensuring accounts impacted by bankruptcy are handled in strict compliance with applicable laws and regulations. This role involves reviewing and processing bankruptcy notifications, and updates, received from approved vendors or mail, coding accounts as bankrupt in the appropriate system of record, and excluding them from collection activities to prevent violations of the automatic stay.

The Associate researches and resolves match criteria exclusions, manages manual coding for exceptions, and monitors joint filings and community property cases. Additional duties include quality assurance reviews, maintaining accurate documentation, collaborating with attorneys and account holders, and supporting compliance through regular training and adherence to procedural controls.

The position covers a range of consumer and small business products, including credit cards, lines of credit, and installment loans. Strong attention to detail, excellent Microsoft suite skills, ability to complete complex tasks with minimal oversight and critical thinking skills.

Performs a variety of document processing and record keeping tasks associated with customer accounts that require a thorough knowledge of products and services in the assigned area. Duties may include entering new account information; changing information on existing accounts; recording transactions; answering customer inquiries; receiving, classifying, consolidating and summarizing documents and information; completing reports and providing administrative support.

Responsibilities may also include customer service duties such as answering customer inquiries, resolving customer problems and responding to customer requests for information.

Role Responsibilities

Notifications: Confirmed bankruptcy notices are received from G2 Risk Solutions or via mail.

Systemic coding: Systemic coding is completed within two business days; manual coding is used for exceptions and must be completed within seven business days. Coding an account as bankrupt halts collection efforts, including statements, and deletes ACH payments for that account.

Systemic coding applies to most cases; manual coding is required for exceptions, small business/corporate accounts, and receiverships. BOT automation assists with post charge-off coding; manual review is used for exceptions.

Joint filings and accounts in community property states/territories (e.g., Alaska, Arizona, California, Texas, etc.) are handled with special protections to prevent violations of automatic stay and discharge injunctions.

Different bankruptcy chapters (7, 11, 12, 13) have specific handling requirements.

Updates: Bankruptcy Updates are received daily from third-party vendors, mail, and interoffice sources.

Electronic updates processed via ECS (Electronic Bankruptcy Notification Coding System).

Manual exceptions require careful docket review and updates to CACS CDS screens.

Common bankruptcy events include Dismissal, Discharge, Chapter Conversion, Notice of Assets, Case Closing, Reopen/Reinstatement, Vacated Dismissal/Discharge, 341 Meeting, Bar Date, and Transfer. Each event triggers specific systemic or manual updates in CACS,ICS, or affecting account status and collectability.

Manual Exception Handling: Associates must verify the current bankruptcy case applies to the account before making changes. Special steps for deceased, cease and desist, and SCRA account.

Competencies

• Bankruptcy Regulatory Compliance
• Bankruptcy Account Review and Decision-Making
• Attention to Detail and Accuracy
• Critical Thinking and Problem-Solving
• Risk Identification and Mitigation
• Quality Assurance and Control Execution
• Accountability and Independent Execution
• Documentation and Recordkeeping
• Collaboration and Professional Communication
• Adaptability and Continuous Learning

Skills

• Bankruptcy notification review and processing
• Bankruptcy account coding and collection exclusion
• Automatic stay compliance
• Match criteria research and exception resolution
• Joint filing and community property case handling
• Quality assurance review and control validationAccount documentation and audit-ready recordkeeping
• Microsoft365 proficiency
• Attorney, vendor, and customer communication
• Complex task management and independent execution

Qualifications

Basic Qualifications - High school diploma or equivalent - Typically four or more years of clerical and customer service experience

Preferred Skills/Experience - Thorough knowledge of products, services, terminology, procedures and systems related to assigned area - S