Northwest Bank
Job Description
Job Summary
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 Bachelor's degree in business/ accounting or finance degree or related subject matter preferred
Law degree preferred
5-6 years of experience in Bankruptcy law related to Chapters 7, 11, 12, and 13, retail/consumer and commercial loans preferred
Ability to analyze data, prepare bankruptcy related documents
The pay range for this position is generally $33.65 - $43 per hour / $70,000 - 90,000 annually. Actual pay is based on various factors including but not limited to the successful candidate's experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available.
This position can be performed remotely, unless you live within 40 miles of one of our Hub locations which are listed below. If you live within 40 miles of one of the locations listed below, you must be onsite Monday - Thursday with Friday as an optional work from home day.
INDEPENDENCE, OH 6480 Rockside Woods Blvd S Suite 345 Independence, OH 44131
COLUMBUS, OH HQ 3 Easton Oval Columbus, OH 43219
BUFFALO, NY 375 Essjay Road Suite 100 Buffalo, NY 14221
MOUNT JOY, PA 101 East Main Street Mount Joy, PA 17552
WARREN, PA 100 Liberty Street Warren, PA 16365
ERIE, PA 800 State Street Erie, PA 16501
PITTSBURGH, PA Bellevue 532 Lincoln Avenue Bellevue, PA 15202
Pittsburgh Business Office 525 William Penn Place Suite 3550 Pittsburgh, PA 15222
FISHERS, IN 11 Municipal Drive Suite 150 Fishers, IN 46037
#LI-EK1
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.
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 Bachelor's degree in business/ accounting or finance degree or related subject matter preferred
Law degree preferred
5-6 years of experience in Bankruptcy law related to Chapters 7, 11, 12, and 13, retail/consumer and commercial loans preferred
Ability to analyze data, prepare bankruptcy related documents
The pay range for this position is generally $33.65 - $43 per hour / $70,000 - 90,000 annually. Actual pay is based on various factors including but not limited to the successful candidate's experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available.
This position can be performed remotely, unless you live within 40 miles of one of our Hub locations which are listed below. If you live within 40 miles of one of the locations listed below, you must be onsite Monday - Thursday with Friday as an optional work from home day.
INDEPENDENCE, OH 6480 Rockside Woods Blvd S Suite 345 Independence, OH 44131
COLUMBUS, OH HQ 3 Easton Oval Columbus, OH 43219
BUFFALO, NY 375 Essjay Road Suite 100 Buffalo, NY 14221
MOUNT JOY, PA 101 East Main Street Mount Joy, PA 17552
WARREN, PA 100 Liberty Street Warren, PA 16365
ERIE, PA 800 State Street Erie, PA 16501
PITTSBURGH, PA Bellevue 532 Lincoln Avenue Bellevue, PA 15202
Pittsburgh Business Office 525 William Penn Place Suite 3550 Pittsburgh, PA 15222
FISHERS, IN 11 Municipal Drive Suite 150 Fishers, IN 46037
#LI-EK1
Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.