Bankruptcy Specialist

Gulfport-Downtown Branch
2505 14th Street
Suite 100
Gulfport, MS , USA

JOIN THE KEESLER FEDERAL CREDIT UNION TEAM!

Keesler Federal Credit Union team members enjoy competitive salaries and a wide range of benefits, some of which include:

• Medical, dental, and vision insurance
• Section 125 Flexible Spending Accounts for Health Care and Dependent Care expenses
• Employee and Dependent Life Insurance
• 401(k) Retirement Plan with 100% match on the first 5% contributed by you
• Tuition Reimbursement and Competitive Scholarships
• Short-Term & Long-Term Disability Benefits
• Employee Assistance Program

WE CURRENTLY DO NOT SPONSOR WORK RELATED VISAS

Department: Collections

Reports to: Collections Manager

FLSA
:
Non-Exempt Grade 9

SUMMARY

Responsible for managing accounts in the bankruptcy process to minimize losses, control legal expense and preserve the Credit Union’s interests. Performs all duties in accordance with the Credit Union’s guidelines, applicable federal, state and local regulations.

SUPERVISORY RESPONSIBILITIES

None.

ESSENTIAL FUNCTIONS

• Codes all Bankruptcy accounts with the appropriate Bankruptcy Warnings.
• Ensures correct credit reporting to all applicable bureaus in accordance with all regulations.
• Audits all documents associated with the Bankruptcy, including but not limited to:
  Motion for Relief, Agreed Orders, Proof of Claims, Cram Downs and Notice of Defaults.
• Processes all trustee checks on bankrupt accounts received into Collections Department.
• Recommends Bankruptcy accounts to Collections Management for charge off.
• Responsible to answers all credit disputes related to Bankruptcy.
• Perform analysis of the debt and case to determine if any action is needed.
• File maintains accounts when discharged from Bankruptcy.
• Assist with payments on reaffirmed accounts.
• Initiates any objections via counsel with regards to bankruptcy plan.
• File signed reaffirmation agreements with courts electronically.
• Handle all bankruptcy related correspondence, phone calls, emails and tasks promptly to ensure regulatory compliance.
• Responsible for recommending vehicles for repossession that are surrendered in Bankruptcy.
• Monitors Chapter 13 payments reschedule accounts and apply disbursements accordingly.
• Responsible for follow up on all accounts on a monthly basis for proper disbursement of payments from bankruptcy trustee.
• Monitors all Bankruptcy Queues for appropriate course of action.
• Responsible for collection of reaffirmed debts still coded as Bankruptcy.
• Follows procedures for account reconciliation relating to account regaling.
• Stops statements and delinquent notices on bankrupt accounts.
• Responsible for compliance with all Federal regulations including Bank Secrecy Act (BSA) and Office of Foreign Assets Control (OFAC).

• Attends bankruptcy court as needed.
• Keeps up to date on current Bankruptcy and Collection Laws.
• If demand presents, may be required to assist with Collection calls.
• Performs other duties as required by management.

KNOWLEDGE & SKILLS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and/or abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education:

• A high school education or GED.

Experience and Other Requirements:

• Accuracy and attention to detail required.
• One year to three years of similar or related experience.
• Must have a basic working knowledge of bankruptcy laws in order to handle calls.
• Must be able to work well under stress and be able to meet deadlines.
• Must be able to handle member problems in a professional manner.
• Must possess an outgoing…