Bankruptcy Analyst

The Bankruptcy Analyst will perform 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.

S3 STAR Values:

• Service
• Teamwork
• Attitude
• Results

Department: Default Management

Reports to: Senior Manager, Admin Support & Repossession

Location: Remote

TOP JOB RESPONSIBILITIES:

• Daily maintenance/monitoring of bankrupt accounts to ensure correct statuses in all systems, depending on case status. Includes, but is not limited to, core banking system, collection system, case management system, and PACER.
• Perform processes related to bankrupt accounts, including processing incoming petitions, 341 notices, discharges, proof of claims, motion for relief, non-dischargeable debt review and case closures/terminations.
• Make recommendations to the credit union partners for bankruptcy strategies and dispositions.
• Process trustee checks/payments, including return of overpayments to applicable trustee.
• Daily record retention, including, but not limited to, uploading documents to core banking system, collection system, case management system, Pacer, attorney share files.

Other responsibilities and opportunities:

• Assist members with alternate payment schedules.
• Process payments from members via telephone.
• Maintain compliance with investor regulations.
• Maintain compliance with federal bankruptcy laws.
• Assist the Technical Writer and/or Trainer in updating the Standard Operations Procedures (SOP s) with any changes to processes.
• Additional job-related projects and duties as assigned by management.

QUALIFICATIONS & SKILLS:

• 3 years bankruptcy experience required.
• Knowledge of investor (FHA loans/Fannie Mae/Freddie Mac) guidelines, preferred.
• Strong bankruptcy background and knowledge of applicable laws, rules, and regulations Consumer and Mortgage portfolios, preferred.
• Strong analytical skills required, with a high degree of accuracy.
• Strong communication skills with ability to carry our directions verbally and written.
• Ability to prioritize workload based on mandatory requirements and member service level agreements.
• Proficiency in Microsoft Office (Word, Excel, Outlook).

PERKS AND BENEFITS:

• Group medical, dental, and vision coverage insurance
• Generous Paid Time Off
• Up to 11 Paid Holidays Per Year
• 401(k) With Employer Match and Discretionary Contribution
• Employee Referral Program
• Wellness Programs
• Peer-to-Peer Recognition Program

About S3:

We are excited to share that S3 was named a Top Workplace of 2022 and 2023 through the Baltimore Sun, 2023 Top Workplace in the USA as well as for leadership, and 2023 America s most loved workplaces by Newsweek. Our commitment to teamwork and a positive attitude enables us to deliver service that generates quality results for our partners. If you join our team, we ll invest in your learning and development through training programs designed to power your success.

S3 is a Credit Union Service Organization (CUSO) which is an organization, owned by credit unions. We serve credit unions by supporting their operations and delivering world class service. We support the credit union members with their loans, deposits and other financial needs to achieve their goals.

Equal Employment Opportunity

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected status.

ADA Statement & Requirements

S3 is committed to the full inclusion of all qualified individuals. In keeping with our commitment, S3 will take steps to ensure that people with disabilities are provided reasonable accommodations.

Work Environment- This position operates in a professional office environment. This role uses standard office equipment such as computers, phones, photocopiers, filling cabinets and fax machines.

Cognitive Requirements-

Constantly: Effectively communicate verbally and in writing; Comprehend materials and follow instructions; Compile, copy and compare information; Handle confidential/sensitive information; Exhibit excellent customer service skills

Frequently: Perform basic mathematical computations; Perform advanced or non-routine mathematical computations; Works independently, little supervision needed; Analyze and compute information. Problem solving and critical thinking; Exercise good judgement/reasoning and resourcefully solve routine problems; Organize and handle multiple tasks and prioritize

Occasionally: Motivate, lead, influence and collaborate with others both internally and externally

Physical Requirements-

Constantly: Sit- Remaining in a seated position for long periods of time; Use hands/fingers for repetitive keyboard & hand motion; Reach- Extending hand(s) and arm(s) in any direction; Speak coherently

Emotional Effort- Frequent short deadlines. Work environment hectic with continual periods of high stress.

Internal/External Interaction- Steady and ongoing with occasional periods of low volume.