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Bankruptcy Analyst

S3 Shared Service Solutions, LLC Linthicum ,MD
  • Posted: over a month ago
  • $45,000 to $50,000 Yearly
  • Full-Time
  • Benefits: medical, vision, 401k, dental, life_insurance
Job Description

Please Note: This role is based in Linthicum, MD!

Bankruptcy Analyst

Please apply directly - www.s3cuso.com - click on current opportunities - Bankruptcy Analyst

OVERVIEW

Responsible for procedures relating to bankrupt accounts including processing incoming petitions, 341 notices, discharges, proof of claims, non-dischargeable debt review and estate closures in a shared service environment.

The primary goal is to be responsible for a wide range of duties, involving Bankruptcy. Remains current with bankruptcy laws, their interpretation and the applicable provisions, which best protect the interests of the credit union.

S3 has a commitment to excellence and the highest standards of member service. Our values and beliefs are critical to the success and growth of the business and they were all created with a unique cultural foundation.

RESPONSIBILITIES

  • Performs procedures relating to bankrupt accounts including processing incoming petitions, 341 notices, discharges, proof of claims, non-dischargeable debt review and estate closures. Remains current with bankruptcy laws, their interpretation and the applicable provisions, which best protect the interests of the credit union
  • Makes decisions and/or recommendation for non-dischargeable debt on bankrupt accounts, meeting court specified deadlines and requires a general knowledge of federal bankruptcy court procedures
  • Decisions/statuses account when a bankruptcy notice is received to charge-off, relief from stay, or current paying bankrupt account
  • Daily maintenance on bankrupt loans ensuring correct status in OSI depending on status
  • Daily maintenance in bankruptcy software to ensure proper follow-up for motions to be filed with the court and proof of claims filed timely
  • Daily record retention
  • Processes trustees checks
  • Loads account information into the collection system
  • Scanning documents
  • Daily work in Internet banking system, bankruptcy system, collection system, credit card system and recovery system
  • Frequently assists members with financial counseling. Arranges and agrees to alternative payment schedules for delinquent accounts
  • Compliance with investor regulations (Fannie Mae and Freddie Mac)
  • Proactively supports corporate goals through maintaining effective collection procedures on delinquent accounts
  • Management retains the discretion to add or change the duties of this position at any time
  • Work in collaboration and partnership with other team members
  • Serve as back-up for other collection functions as necessary
  • All other duties as assigned

QUALIFICATIONS

  • High School Degree required/Associate’s Degree or higher preferred
  • Minimum 3 years of experience in Bankruptcy preferred
  • Experience with Microsoft office is required
  • Bankruptcy background and knowledge of applicable laws, rules, and regulations preferred
  • Knowledge of Investor guidelines and regulations
  • Ability to tactfully question or actively listen and negotiate effectively with members, employees and departments to determine specific needs and solutions
  • Strong communication skills with ability to carry out directions, both verbal and written
  • Ability to handle fast paced environment and highly stressful situations
  • Ability to prioritize workload based on mandatory requirements and member service level agreements
  • Strong analytical skills required with a high degree of accuracy
  • Ability to work flexible hours as needed
  • Ability to multi-task in other areas of the unit
  • Positive attitude and team-oriented

 

Company Description
The S3 corporate office is located in the Baltimore/Washington corridor, S3 Shared Service Solutions, LLC is a credit union service organization (CUSO) that is guided by a relentless focus to meet and exceed the expectations of the credit unions we serve. As a solutions-based operations support provider, our client base is comprised of leading financial institutions with combined assets in excess of $18 billion with over 900,000 members.

S3 implements and supports collaborative business solutions for our partner credit unions in the areas of Deposit Operations, Real Estate Lending, Consumer Lending, Collections, and Call Center Operations. Striving for excellence in everything we do, our goal is to deliver high-quality, cost-effective services to our credit union partners so they can invest in the futures of their organizations and most importantly, their members.

S3 Shared Service Solutions, LLC

Why Work Here?

Growing organization, team collaboration, excellent benefits and plenty of opportunities to advance!

The S3 corporate office is located in the Baltimore/Washington corridor, S3 Shared Service Solutions, LLC is a credit union service organization (CUSO) that is guided by a relentless focus to meet and exceed the expectations of the credit unions we serve. As a solutions-based operations support provider, our client base is comprised of leading financial institutions with combined assets in excess of $18 billion with over 900,000 members. S3 implements and supports collaborative business solutions for our partner credit unions in the areas of Deposit Operations, Real Estate Lending, Consumer Lending, Collections, and Call Center Operations. Striving for excellence in everything we do, our goal is to deliver high-quality, cost-effective services to our credit union partners so they can invest in the futures of their organizations and most importantly, their members.

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