Bankruptcy Boarding Analyst Job Description

Franklin Credit Management Corporation, a full-service mortgage servicer, has an excellent opportunity for a dynamic professional to join our team.

We have cultivated a fun team environment where there is opportunity to learn and develop within both the company and your career. With hard work, you'll reap benefits both professionally and personally.

Essential duties and responsibilities include the following.

(Other duties may be assigned.)

Bankruptcy Analyst is responsible for working directly with in-house & outside counsel, senior management and investors while making decisions and providing resolutions regarding bankruptcy issues to minimize risks and mitigate loss outside of their delegated authority. Provide management with status updates and to ensure compliance with all agency and investor guidelines. Responsible for ensuring the Bankruptcy Process is completed accurately in adherence to bankruptcy law and investor timelines by acting as a liaison between Franklin Credit Management Corporation and outside counsel.

Essential Job Duties:

Perform 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.

· On board newly filed Bankruptcy cases into system of record

· Prepare and request referrals for outside counsel and follow up on all accounts daily/monthly to ensure compliance with standard bankruptcy court deadlines and timelines

· Review and process incoming mail from multiple inboxes (electronic and paper) properly documenting what was received and method of receipt

· Ensure accounts are properly documented with actions taken, correspondence, and

· explanation of action or no action.

· Coordinate and handle requests for collateral documents that are required for the Bankruptcy process

· Moving discharged/dismissed accounts to foreclosure review or collections, prepare equity analysis with detail and accuracy

· Working knowledge of mortgage banking, familiarity with CFPB, RESPA, FDCPA & federal and state laws related to legal.

· Update databases to ensure information is accurate, complete, and accessible. Maintain records and files. Perform periodic analyses and review of data. Investigate questionable items.

· Develop a strong working relationship with network of outside counsel, bankruptcy trustees, debtors’ attorney and inhouse counsel

· Provide assistance in special projects as assigned.

Minimum requirements

• Preferred/Not required: Minimum of 0-2 years of servicing or legal bankruptcy experience required. Previous Paralegal / Legal Assistant / Processor held roles is preferred.

Knowledge of collateral documents.

• College Degree preferred or High School Diploma

Skills and training

• Proficiency in MS Office (Word, Excel, Outlook); and familiarity with ICE (formerly known as Black Knight)/LPS Desktop; Invoice Management; MSP

• Strong communication skills, both verbal and written, are necessary

• Excellent customer service skills with strong attention to detail

• Time Management skills and the ability to prioritize workload based on department and investor needs

• Strong analytical skills required with a high degree of accuracy

• Ability to work flexible hours as needed

• Ability to multi-task

• Positive attitude and team-oriented spirit

• Ability to function in an ever-changing environment

This is not a hybrid position; all hires must be able to work in the office five days per week.

Job Type: Full-time

Pay: $45,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Life insurance
• Paid time off
• Parental leave

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

People with a criminal record are encouraged to apply

Education:

• High school or equivalent (Required)

Ability to Commute:

• Jersey City, NJ 07302 (Preferred)

Ability to Relocate:

• Jersey City, NJ 07302: Relocate before starting work (Required)

Willingness to travel:

• 25% (Preferred)

Work Location: In person