Demo

Bankruptcy Specialist I (On-Site)

Select Portfolio Servicing
Tempe, AZ Full Time
POSTED ON 2/14/2025
AVAILABLE BEFORE 3/14/2025
Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications.

We deliver on this mission by empowering our employees by encouraging and recognizing superior performance and innovative solutions, by promoting teamwork and divisional cooperation.

Primary Function

The Bankruptcy Case Manager I must be organized and detail-oriented to handle bankruptcy accounts. Through analysis, review, and referral, accounts will be statused and monitored to ensure maximum recovery within the parameters of the bankruptcy case.

Principal Duties

  • Receive, update and review bankruptcy information daily.
  • Research accounts using PACER (bankruptcy database), AIS, trustee sites and other outside systems as well as internal systems.
  • Prepare and file Proofs of Claim and Transfers of Claim with the bankruptcy courts by scheduled deadline.
  • Ensure that pre-and post-petition payment tracking is set up correctly in the ILS system.
  • Receive and document all systems as to any bankruptcy correspondence received pertaining to the collateral.
  • Monitor accounts for payments in accordance with the bankruptcy plan to include trustee and post-petition payments.
  • Contact trustee, debtor’s attorney, or debtor (when appropriate) to facilitate timely pre- and post-petition payments.
  • Identify any issues that qualify for any legal action to include plan objections, claim objections, motions for relief and adversaries.
  • Work closely with the Bankruptcy Litigation and Foreclosure and Loss Mitigation teams to ensure proper treatment of our account in the bankruptcy case.
  • Perform discharge reviews to determine any lien release requirements, accounting adjustments, and/or collection restrictions that are appropriate post-bankruptcy.
  • Assist on any special projects assigned by management.
  • Performs related duties as assigned by supervisor.

Education And Experience Requirements

  • Associates Degree Preferred
  • Background in bankruptcy preferred but not required.
  • Any legal background would be beneficial.

Knowledge, Skill and Ability Requirements

  • Good verbal and written communication skills.
  • Ability to multi-task in an environment of frequently changing priorities by maintaining a daily work list in addition to special projects.
  • Excellent work ethic and exceptional attention to detail.
  • Good computer and internet skills

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

Additional Information

While this description is intended to be an accurate reflection of the position’s requirements, it in no way implies/states that these are the only job responsibilities. Management reserves the right to modify, add or remove duties and request other duties, as necessary.

All employees are required to have smart phones that meet Company security standards with the ability to install apps such as Okta Verify and Microsoft Authenticator. Employment will be contingent on this requirement.

Company Benefits

Newrez is a great place to work but we are only as strong as our greatest asset, our employees, so we believe in rewarding them!

  • Medical, dental, and vision insurance
  • Health Savings Account with employer contribution
  • 401(k) Retirement plan with employer match
  • Paid Maternity Leave/Parental Bonding Leave
  • Pet insurance
  • Adoption Assistance
  • Tuition reimbursement
  • Employee Loan Program
  • The Newrez Employee Emergency and Disaster Fund is a new program to support our team members

Newrez NOW

  • Our Corporate Social Responsibility program, Newrez NOW, empowers employees to become leaders in their communities through a robust program that includes volunteering, philanthropy, nonprofit grants, and more
  • 1 Volunteer Time Off (VTO) day, company-paid volunteer day where all eligible employees may participate in a volunteer event with a nonprofit of their choice
  • Employee Matching Gifts Program: We will match monetary employee donations to eligible non-profit organizations, dollar-for-dollar, up to $1,000 per employee
  • Newrez Grants Program: Newrez hosts a giving portal where we provide employees an abundance of resources to search for an opportunity to donate their time or monetary contributions

Equal Employment Opportunity

We're proud to be an equal opportunity employer- and celebrate our employees' differences, including race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, and Veteran status. Different makes us better.

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