Bankruptcy Paralegal

The Bankruptcy Paralegal is housed within Celtic Bank’s Special Assets Division and will be primarily responsible for the facilitation and management of the Bank’s Bankruptcy portfolio. The position will work directly with Management to ensure each case is properly maintained and that the Bank’s Creditor position is well-represented, with the goal of maximizing recovery via positive Bankruptcy treatment or collateral resolution. The position requires extensive knowledge of the United States Bankruptcy Code and Bankruptcy Procedures and a working knowledge of Commercial Lending and Securitization of Collateral practices. The ideal candidate must possess strong problem-solving skills and critical thinking, while exhibiting effective communication with stakeholders to properly accomplish the demands of this position.

Responsibilities

• Develop and implement Bankruptcy treatment and collateral resolution strategies that are consistent with Bank and Small Business Administration policies
• Prepare and file Bankruptcy Proof of Claims
• Bankruptcy case management and liaison to Celtic Bank legal counsel
• Bankruptcy file onboarding and file management
• Scheduled case maintenance and ongoing portfolio management
• Facilitate Bankruptcy and Collateral recommendations through written proposals by maintaining structured communication amongst multiple stakeholders
• Foreclosure case management and liaison to Celtic Bank’s counsel related to Bankruptcy cases
• Prepare and analyze collateral packages to determine recovery estimates
• Perform late-stage delinquency responsibilities
• Budget management and oversight of expenditures
• Order and manage site inspections, appraisals, broker price opinions and foreclosure reports
• Small Business Administration related tasks
• Routine reports generation and presentation
• Bankruptcy Notifications, Mail, and Subpoena management
• Other tasks and projects as assigned

Requirements

• 2+ years Bankruptcy experience.
• 2+ years paralegal or legal assistant experience.
• Commercial lending/banking experience is preferred.
• Two-year or undergraduate degree is preferred.
• Detail oriented and possess excellent interpersonal, organizational, and communication (verbal and written) skills.
• Ability to solve problems and work independently.
• Must possess the ability to prioritize and support various activities simultaneously.
• Ability to thrive in a deadline-driven environment, including by demonstrating excellent time management, organization, and planning skills.
• Strong technical skills - including but not limited to Microsoft Office, Pacer, Lexis Nexis, and SharePoint/OneDrive.
• Ability to learn quickly, adapt to new processes, and work in a collaborative environment.

Benefits

• Medical, dental, vision
• 401(k) with employer match
• Life and long-term disability coverage
• HSA and FSA plans
• Holidays and paid time off requests
• Robust wellness program (we’re talking catered meals three times a weeks, lunch and learns, and onsite gym.)

Headquartered in the heart of downtown Salt Lake City, Utah, Celtic Bank was named a top SBA lender in the nation in 2025! Celtic Bank is a leading nationwide lender specializing in SBA 7(a), SBA 504, USDA B&I, express loans, asset-based loans, commercial real estate loans and commercial construction loans.

Celtic Bank is an equal opportunity employer and complies with all applicable federal, state and local fair employment practices laws.

Physical and Other Requirements

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

• Stationary Work: The employee is frequently required to stand; walk; use hands to type, handle documents, and perform other office related duties. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects.
• Mobility: The employee in this position needs to occasionally move between work sites and inside the office to access file cabinets, office machinery, etc.
• Communicate: The employee is regularly required to talk or hear and will frequently communicate with others. Must be able to read, write and understand fluent English.
• Work Model: The employee in this position will work either a fully Onsite or Hybrid work model. All employees, regardless of location, may be required to travel to the Salt Lake City office for mandatory company meetings, events, or related occasions.
• Utah-based employees: Hybrid work schedule available after initial training period in our Salt Lake City, Utah office – department and job requirements will determine eligibility.