Bankruptcy Specialist

BSI Financial Services; Irving (TX); Hybrid; USD 52,000 - 68,000; Full time

Benefits offered by this job

Incentive program

Career growth

Life insurance

Generous PTO

Holiday pay

401K

Company provided equipment

Job summary

BSI Financial Services is seeking a Bankruptcy Specialist to manage a bankruptcy portfolio from filing to discharge. You will input notifications, review documents, and coordinate plans and objections to protect investor interests.

The role requires 1–3 years in bankruptcy, proficiency with Excel and Word, and familiarity with PACER. A hybrid schedule applies, with a strong emphasis on timely follow-up and compliance.

Qualifications

• Proficient with PC and related software such as Excel & Word.
• Sagent system experience is a plus.
• 1-3 years of related experience in the bankruptcy industry required.
• Knowledge of bankruptcy process and mortgage servicing regulations.

Responsibilities

• Receive, validate, and input new bankruptcy notifications and update the system of records.
• Review incoming documentation for relevance and action needed.
• Manage a bankruptcy portfolio through bankruptcy processes and queue management.
• Review bankruptcy plans for feasibility and objection to protect investor’s interest.
• Ensure bankrupt accounts comply with bankruptcy and company procedures and timelines.
• Perform timely follow-ups with attorneys and bankruptcy trustees and coordinate hearings and discharges.
• Respond to inquiries promptly and maintain relationships with bankruptcy attorneys, trustees, and investors.
• Reconcile loan history and payment ledgers and review invoicing for accuracy.

Skills

Excel

Word

Sagent experience

Bankruptcy knowledge

Tools

PACER

Job description

Bankruptcy Specialist @ BSI Financial Services

Brief Description

Bankruptcy Specialist @ BSI Financial Services

Join BSI Financial Services as a Bankruptcy Specialist! The Bankruptcy Specialist is responsible for processing a bankruptcy portfolio from the date of a Bankruptcy filing to discharge.

Expected Hours of Work

This is a hybrid working position. Days and hours of work are Monday through Friday, 8:00 a.m. to 5 p.m.

What You Will Do

• Receive, validate, and input new bankruptcy notifications and update the BSI system of records
• Review incoming documentation for relevance and action needed
• Managing a bankruptcy portfolio through bankruptcy processes and queue management
• Review bankruptcy plans for feasibility, mortgage modification mediation, and objection to protect investor’s interest
• Manage work list to ensure bankrupt accounts are within compliance with Bankruptcy and company procedures
• Timely identification, analysis, and review of plan objections, adversary proceeds, cramdowns, and motions for relief from stay
• Aggressive follow-up and high touches, at minimum weekly, to ensure files are moving without delays.
• Handle inbound/outbound calls (as needed) as it relates to bankruptcy, ensuring compliance with the bankruptcy code
• Review/approve pre/post-petition payments for application
• Perform timely follow-up with attorneys and bankruptcy trustees, follow up time for hearings, discharges, and critical steps, and request referrals on delinquent bankruptcies and status updates
• Respond to written and verbal inquiries promptly.
• Develop and maintain relationships with bankruptcy attorneys, bankruptcy trustees, debtor's attorneys, and investors
• Complete referral to bankruptcy attorneys timely when needed
• Due diligence on in-flight bankruptcy transfer files to ensure that BSI has a system and all information is accounted for and accurate
• Responsible for reviewing the LoanSphere Invoice Management system for invoicing & Accuracy
• Responsible for meeting legal requirements and following internal policies
• Responsible for reconciling loan history and payment ledgers

What We’re Looking For

• Proficient with PC and related software such as Excel & Word
• Sagent system experience is a plus
• 1-3 years of related experience in the bankruptcy industry required
• Client Focus
• Strong Problem Solving/Analysis
• Time Management
• Solid knowledge of the bankruptcy process and regulations related to mortgage servicing
• Experience utilizing and reading the PACER system
• Ability to multi-task & prioritize effectively and efficiently
• Organizational skills and ability to handle confidential material
• Identify Issues and create resolutions quickly
• Ability to work with minimal supervision to achieve daily standards and meet deadlines
• Highly effective interpersonal, oral, and written communication skills
• Ability to work well in a team environment or individually
• Understanding of mortgage terminology, risk, and compliance
• Excellent computer skills
• Works well in high-pressure, fast-paced environment

What’s In It For You

• Competitive wages with an incentive program in place.
• Opportunity for career growth
• Outstanding Benefits Package
  • Including a company-paid life insurance policy!
• Generous PTO
• Holiday Pay
• 401K
• Company provided equipment
  

About BSI Financial

Founded in 1986, we provide financial services that support our vision of enabling sustainable home ownership by practicing core values that embody doing what is right; emphasizing problem solving; delivering on expectations and winning with humility. Our clients include lenders and investors who make home financing possible.

BSI Financial was ranked multiple times in the SMU Dallas 100 list of the fastest growing companies in North Texas and was twice named to the Inc. 5000 list of the fastest growing U.S.

EEO Statement

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status, or any other characteristic protected by law.