Mortgage Bankruptcy Manager

BSI Financial is a people-focused, growth-oriented, and innovative company. Make a positive change and join our team today.

Join BSI Financial Services as a Bankruptcy Manager! The Bankruptcy Manager is responsible for the overall timeline & workflow of the Bankruptcy department.

WHAT’S IN IT FOR YOU:

• Competitive wages
• Full Benefits Package
• Generous Paid Time Off
• Holiday Pay
• 401K

WHAT YOU WILL DO:

• Review incoming documentation for relevance and action needed.
• Monitoring to ensure that the bankruptcy /team are
  • Oversees staff that works the GSE & Government loan bankruptcy portfolios through entire bankruptcy processes and queue management
  • Manages Chapter 7 bankruptcy loans including reaffirmations, Chapter 13 bankruptcy loans and plan oversight, Chapter 11, and Chapter 12 bankruptcy loans
  • Mitigates risk to the company by closely monitoring Motions for Sanctions and Adversary proceedings
  • Reviews bankruptcy plans for feasibility and objections as needed  
  • Manages work list to ensure proper follow up on bankrupt accounts are within compliance of Bankruptcy court, investor/insurer and company procedures and expectations 
  • Aggressive follow up and high touches at minimum weekly intervals to assure files are moving without delays
  • Oversees inbound/outbound calls (as needed) as it relates to bankruptcy ensuring compliance to the bankruptcy code 
  • Performs timely follow up with attorneys and bankruptcy trustees, follow up timely for hearings, discharges and critical steps and request referrals on delinquent bankruptcies and status updates
  • Responds to written and verbal inquiries in a timely manner
  • Ensures referral to bankruptcy attorneys is timely when needed
  • Oversee to ensure that the team is timely receiving, validating new bankruptcy notifications and update BSI system of records
  • Provides oversight for the PCN and PPFN process
  • Assure that POCs, TOC and MFRs are filed timely, pursuant to investor/insurer guidelines and all information is accurate and complies with bankruptcy jurisdiction rules
  • Provides oversight with bankruptcy billing statements to ensure timeliness and accuracy of borrower communication
  • Due diligence and triage on transfer files to ensure that BSI has system and all information accounted for and accurate
• Responsible for meeting legal requirements and following internal policies. Develop and maintain relationships with bankruptcy attorneys, bankruptcy trustees, debtor's attorneys, and investors.
• Responsible for reviewing all exception reporting; reviewing documents for compliance; looking for opportunities to streamline processes, reduce risk and improve accuracy
• Manages the losses that occur due to bankruptcy servicing errors to identify and correct root cause issues and minimize monthly loss exposure
• Maintains and updates the Bankruptcy Policies &Procedures; create job aids when needed and work with BSI training group to develop ongoing training and staff certification
• Managing all invoicing oversight and validate firm billing practices are in accordance with insurer guidelines
• Any miscellaneous projects/duties assigned by manager
• Oversight of national attorney firm network to ensure BSI expectations on file handling are communicated and ongoing performance management occurs

WHAT WE’RE LOOKING FOR:

• Proficient with PC and related software such as Excel, Word, and Power Point
• Sagent
• 4-6 years of related experience in the bankruptcy industry
• Identify Issues and create resolutions quickly
• Highly effective interpersonal, oral, and written communication skills
• Ability to multi-task and prioritize effectively and efficiently
• Ability to work well in a team environment or individually
• Understanding of mortgage terminology, risk, and compliance
• Excellent computer skills
• Works well in high pressure, fast paced environment

EEO Statement

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.