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Bankruptcy Specialist II

Job in Carrollton, Dallas County, Texas, 75011, USA
Listing for: PENNYMAC
Full Time position
Listed on 2026-03-05
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Regulatory Compliance Specialist, Banking Operations, Financial Compliance
Salary/Wage Range or Industry Benchmark: 40000 - 60000 USD Yearly USD 40000.00 60000.00 YEAR
Job Description & How to Apply Below

Pennymac

Pennymac (NYSE: PFSI) is a specialty financial services firm with a comprehensive mortgage platform and integrated business focused on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market.

A Typical Day

As a Bankruptcy Specialist II
, you will manage bankruptcy cases, prepare legal documents, communicate with stakeholders, ensure compliance, perform financial calculations, manage process improvements, mentor junior staff, and participate in special projects.

Responsibilities
  • Bankruptcy Case Management: review loan documentation, track critical deadlines, monitor payments, and ensure compliance with company policies, investor guidelines, and federal bankruptcy rules; handle complex cases and resolve escalated issues.
  • Document Preparation: oversee the preparation and execution of essential legal documents such as proof of claims and motions for relief, ensuring accuracy and compliance.
  • Stakeholder Communication: collaborate with attorneys, property preservation vendors, and other service providers; demonstrate professional communication and negotiation skills.
  • Compliance and Accuracy: ensure all bankruptcy actions are accurate, timely, and compliant with federal, state, and investor requirements; serve as a resource for best practices and regulatory updates.
  • Financial Calculations: calculate figures for proof of claim and affidavits supporting motions.
  • Process Management: identify opportunities for process improvements and contribute to departmental policy development.
  • Mentorship and Guidance: provide guidance to Entry‑Level Bankruptcy Specialists and support their professional development.
  • Special Projects: participate in or lead projects related to bankruptcy processes, compliance, or systems enhancements.
Qualifications
  • A high school diploma or equivalent; bachelor's degree preferred.
  • Minimum of one year of experience as a Bankruptcy Specialist or two years in a related field.
  • In‑depth knowledge of federal, state, and investor requirements related to bankruptcy.
  • Proven ability to manage complex bankruptcy cases and resolve escalated issues.
  • Excellent written and verbal communication skills with internal and external stakeholders.
  • Strong analytical and problem‑solving skills; exceptional attention to detail.
  • Proficiency in relevant software and systems, including Microsoft Office Suite and Google applications.
  • Ability to work independently and within a team; strong leadership skills and willingness to mentor junior staff.
Why Join Pennymac

As one of the top mortgage lenders in the country, Pennymac has helped over 4 million homeowners achieve and sustain their aspirations. Our vision is to be the most trusted partner for home. We are guided by core values of accountability, reliability, and ethics.

Benefits
  • Comprehensive Medical, Dental, and Vision coverage.
  • Paid Time Off including vacation, holidays, illness, and parental leave.
  • Wellness Programs, Employee Recognition, onsite gyms, and café‑style dining (select locations).
  • Retirement benefits including 401(k) match and tuition reimbursement.
  • Life insurance and optional bonus opportunities.
  • Philanthropy Programs with matching gifts, volunteer grants, charitable grants, and corporate sponsor ships.
Compensation & Salary

Individual salary may vary based on role, location, and experience. Typical range: $40,000 – $60,000
.

Roles may be eligible for performance‑based compensation and/or stock‑based incentives.

Work Model

OFFICE

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