Bankruptcy Specialist II
Listed on 2026-03-05
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Finance & Banking
Risk Manager/Analyst, Regulatory Compliance Specialist, Banking Operations, Financial Compliance
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 DayAs 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.
- 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.
- 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.
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.
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 ModelOFFICE
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