Bankruptcy Spec Job in Brandon 33508, Florida Us
Bankruptcy Spec
Responsible for servicing accounts where the customer has filed bankruptcy to determine the appropriate actions concerning HMS lien.
Impact on the Business
- Make sound business decisions based on bankruptcy law, property valuation and customer intent to prevent financial loss to the company.
- Prepare appropriate forms and ensure complete documentation and compliance within established guidelines; notify appropriate Manager of unique situations.
- Manage timelines involved with Chapter 7 and Chapter 13 accounts, including motions for relief, dismissals, discharges and commencement of foreclosure.
Customers / Stakeholders
- Complete inbound and outbound attorney contact and customer contact where allowed to solicit and negotiate reaffirmation agreements in Chapter 7 bankruptcies.
- Obtain financial statements and make recommendations for account modifications to ensure the ability of customer to maintain their mortgage accounts.
Operational Effectiveness Control
- Complete account analysis and make recommendations for charge-off, including review of lien position, fraud review and appraisal analysis based on HSBC Mortgage Services policy and guidelines.
Management of Risk
- Ensure compliance, operational risk controls in accordance with HSBC or regulatory standards and policies; and optimize relations with regulators by addressing any issues.
- Promote an environment that supports diversity and reflects the HSBC brand.
Observation of Internal Controls
- Maintains HSBC internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators.
- A high school diploma (or equivalent) with a minimum of three to five years advanced collections, credit analysis, foreclosure or bankruptcy experience in mortgage servicing, real estate, or other financial services related activity. - Knowledge of FDCPA and Federal Bankruptcy Laws, as well as, applicable guidelines. Bachelor's or Associate degree in business or related field preferred. (A combination of education and foreclosure/ bankruptcy experience may be substituted at management's discretion.) - Strong oral and written communication skills.- Strong analytical and assessment skills; high degree of problem solving ability; proven mathematical aptitude.Initiative, self-starter. - Strong organization and follow-up skills. - Ability to effectively multi-task and prioritize workflow in a high-volume environment. - Ability to work well independently, as well as, team with others to achieve department/ group goals. - Flexibility to the changing requirements and priorities of the business. - Strong technical aptitude to include MS Word and MS Excel; proficiency in MS Access preferred. - Professional demeanor; tact/ diplomacy; and the ability to maintain confidentiality of sensitive information. - Ability to work varied/ alternate shifts and extra hours as determined by management and required by the business.
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