Credit Bankruptcy Officer

Credit Bankruptcy Officer

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

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

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