Credit Bankruptcy Officer

Job Description

Job Summary

The Credit Bankruptcy Officer is responsible for coordinating, monitoring and analyzing loans when a borrower files a bankruptcy petition.

Essential Functions

Ensure integrity of loan documentation

Review loan documents for perfection of collateral

Prepare and analyze bankruptcy reports

Identify and resolve problems / issues

Record all agreements and conversations

Prepare correspondence and documentation

Prepare and file proofs of claim

Attend 341 meetings and / or bankruptcy hearings as needed and / or direct outside counsel regarding same

Monitor collection activity and bankruptcy filings

Report agreed payment terms and plans

Partner with loan officers

Prepare for litigation

Order appraisals

Initiate Charge-offs / write downs

Prepare reviews and monthly bankruptcy updates

Recommend improvements to procedures

Build relationships with internal customers

Maximize technology tools available

Minimize departmental non-payroll costs

Ensure compliance with Northwest's policies and procedures, and Federal / State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency

Work as part of a team

Work with on-site equipment

Education + Experience

Bachelor's degree in business / accounting or finance degree or related subject matter preferred

Law degree preferred

5-6 years of experience in Bankruptcy law related to Chapters 7, 11, 12, and 13, retail / consumer and commercial loans preferred

Ability to analyze data, prepare bankruptcy related documents

This position is based onsite Monday - Thursday with Friday as an optional work from home day.

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Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.