Bankruptcy Specialist

Mountain America Credit Union; Idaho Falls (ID); Hybrid; USD 60,000 - 85,000; Full time

Job summary

Mountain America Credit Union seeks a bankruptcy specialist to manage incoming federal bankruptcy pleadings and communicate actions to members, branches, and legal representatives.

Role includes reviewing court documents, processing notices, and working with attorneys to ensure compliance with bankruptcy law and timelines. Strong MS Office, PACER/CM-ECF skills, and 5 years of relevant experience are preferred.

Qualifications

• 5 years professional experience in bankruptcy position, law firm, or Trustee’s office.
• Bachelor’s Degree in business, finance, or related field. Education will be verified.

Responsibilities

• Review all incoming federal bankruptcy court documents and determine action.
• Process bankruptcy documents such as filings, discharge orders, and dismissals.
• Coordinate with attorneys and trustees; refer complex actions to network firms.
• Attend 341 hearings as needed.
• Ensure daily processes comply with changing bankruptcy laws.

Skills

Office Software

Organizational skills

Time management

Legal document review

Education

Bachelor’s Degree in business/finance

Tools

PACER

CM/ECF

Trustee websites

Symitar

Job description

Job Summary

To ensure proper action is taken to follow the current bankruptcy laws to protect the member and the Credit Union. This position is responsible for the processing of incoming federal bankruptcy pleadings, including but not limited to bankruptcy filing notifications, discharge orders, and dismissal orders. This position is also responsible for explaining the actions taken by the Credit Union (e.g. account maintenance, legal action) to members, branches, Credit Union departments, bankruptcy trustees, and to the member’s and the Credit Union’s legal representatives. Under direction of management, this position oversees managing an assigned queue/portfolio of bankruptcy accounts (Chapter 7, Chapter 11, Chapter 13, and/or BK Mortgage) in accordance with bankruptcy law.

Job Description

To be effective, an individual must be able to perform each job duty successfully.

• Reviews all incoming federal bankruptcy court documents and examines filed pleadings to determine appropriate action.
• Processes federal bankruptcy court documents, such as bankruptcy filing notifications, discharge orders, and dismissals.
• Conducts examination of Chapter 7 Statement of Intention and/or Chapter 13 Plan.
• Responsible for preparing and filing Notices of Payment Change, Post-Petition Fee Notices, and Responses to Notice of Final Cure within required deadlines.
• Monitors for compliance with the member’s Chapter 7 Statement of Intention or the Chapter 13 Plan by following up on assigned queue.
• Provides queue reviews to management on a monthly basis.
• Works directly with attorneys to ensure proper steps are taken; refers routine-to-complex legal action to Credit Union’s attorney networks, including Motions for Relief from the Automatic Stay, Objections to Confirmation, Objections to Discharge, and various responses to motions.
• Works with corporate counsel and outside counsel regarding lien perfection, trustee preference, and lien avoidance issues.
• Recommends accounts for repossession, and where necessary, other collection action.
• Answers incoming calls from members, member’s legal representatives, the Credit Union’s legal representatives, and bankruptcy trustees; responsible for accurately answering questions and resolving routine issues related to these processes.
• Attends 341 Hearings as needed.
• Ensures that daily processes are in compliance with any changing bankruptcy laws and regulations.
• Incorporates MACU values and philosophy while fulfilling responsibilities as a representative of the Asset Management department and the Credit Union.

KNOWLEDGE, SKILLS, and ABILITIES

The requirements listed are representative of the knowledge, skills, and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

Experience

5 years professional experience working in a bankruptcy position, law firm specializing in creditor representation, or Trustee’s office with experience in bankruptcy case management.

Education

Bachelor’s Degree from an accredited institution in business, finance, related field.

Education will be verified.

OR 4 additional combined years of experience in bankruptcy or in a progressive financial/related setting.

Additional coursework in banking and credit, collection law are preferred.

Licenses, Certifications, Registrations

n/a

Managerial Responsibility

n/a

Computer/Office Equipment Skills

Advanced skills with Microsoft Office Suite including Outlook, Word, PowerPoint, and Excel.

Advanced knowledge of PACER, CM/ECF filing, and Trustee websites (13network and/or NDC).

Demonstrated experience with Symitar preferred.

Language Skills

Demonstrated ability to clearly express ideas, methodology, results and recommendations verbally, in writing and through insightful reports and graphic illustrations.

Demonstrated ability to document outcomes and present information in a manner appropriate for key stakeholders and all levels of the organization.

Other Skills and Abilities

Ability to work both autonomously and collaboratively in a fast-paced environment.

Self-starter with strong organizing and time management skills and the ability to work productively and efficiently in a fast-paced environment with multiple projects and timelines.

Adaptive to change, responds positively to altered circumstances or conditions.

Possess a desire and willingness to learn and continually update knowledge base on financial concepts, strategies, systems etc.

Take initiative to be a problem solver and provide suggestions to improve processes and efficiencies.

Excellent inter-personal skills including the ability to lead and collaborate with ad-hoc teams.

PHYSICAL ABILITIES / WORKING CONDITIONS

Physical Demands Ability to sit, talk and hear consistently Ability to stand, walk, and use hands to handle or reach occasionally

Vision Requirements Close vision (clear vision at 20 inches or less) Distance vision (clear vision at 20 feet or more)

Weight Lifted or Force Exerted Ability to lift up to 10 pounds occasionally

Environmental There are no unusual environmental factors (such as a typical office) Noise Environment Moderate noise (business office with computers and printers, light traffic)

Mountain America Credit Union is an EEO/AA/ADA/Veterans employer.

Mountain America Credit Union is one of the foremost financial institutions in the country, with more than 95 branches located in 5 states (Utah, Idaho, Nevada, Montana, and Arizona). We believe that a healthy balance between work, home life, and play is essential to our team members and our success. We offer a friendly, comfortable and inclusive work environment, fun employee activities and exciting charity events to ensure that no day is dull at Mountain America. Our purpose is to help members enjoy a good life by providing them a positive incentive to save and manage their finances. We also give members easy access to their accounts and allow them to control their funds in a variety of ways, including ATMs, online home banking, mobile banking, direct deposit, automatic payment options and access through a large branch network. When making decisions, we always put members' needs first. It's just the way we do business and a part of the "people helping people" philosophy of credit unions.