Consumer Loan Bankruptcy Manager (in-office) - Midvale, UT at Zions Bancorporation

, , -

Full Time

Start Date

Immediate

Expiry Date

01 Jan, 26

Salary

0.0

Posted On

03 Oct, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Bankruptcy Compliance, Loan Processing, Analytical Abilities, Communication Skills, Organizational Skills, Customer Service, Problem-Solving Skills, Leadership Experience, Document Auditing, Consumer Lending, Collections Compliance, Consumer Regulations, Bankruptcy Filings, Legal Communication, Trustee Disbursements, Accounting Treatment

Industry

Banking

Description

Zions Bancorporation is one of the nation’s premier financial services companies operating as a collection of great banks under local brands and management teams in high-growth western markets. Zions is regularly recognized by American Banker as one of the “Best Banks to Work For” and as having a top banking team in its list of “The Most Powerful Women in Banking.” Our customers consistently vote us as the best bank in our local markets. We value our employees, and we are committed to search out, recognize and create fulfilling opportunities for outstanding people within our organization, rewarding them for their contributions to our success. We recognize that banking is a “local” business, and that to be successful, we must have very strong ties to the communities we serve and strong relationships with our customers. With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is dedicated to being an employer of choice in our communities. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity. We are currently seeking a Consumer Loan Bankruptcy Manager to join our team located in-office in Midvale, UT. Responsibilities: · Manage the bankruptcy processing function and ensure any consumer loans involved in bankruptcy filings are updated and maintained in the loan source systems and in accordance with bankruptcy laws and corporate policies. · Ensure bankruptcy coding is correct and adequate to ensure all active bankrupt accounts are adequately monitored, maintained, and Trustee disbursements are appropriately applied. · Monitor bankruptcies by ensuring third-party bankruptcy data is accurate and bank systems are updated upon notice of bankruptcy filing, ensure future communication with borrowers does not violate the bankruptcy code, and file a Proof of Claim when appropriate. · Negotiate chapter 7 reaffirmation and chapter 13 plans through confirmation. · Re-set loan systems to match new terms as ordered by the court. · Ensure bankruptcy processes and procedures are adhered to. · File necessary documentation with Bankruptcy Trustees or Bankruptcy Courts. Qualifications: · Requires a college degree and 4+ years of experience in consumer lending, collections compliance, consumer regulations, bankruptcy filings and law or other directly related field. o A combination of education and work experience in the field of bankruptcy may meet requirements. · Strong working knowledge of bankruptcy compliance and law, loan processing across multiple loan systems. · Must possess intuitive and analytical abilities. · Ability to effectively communicate with legal counsel; in-house counsel, hired counsel, and client counsel. · Solid knowledge of the following: Proof of Claim, Reaffirmation, Motion for Lift of Stay, Trustee Disbursements, and Correcting Accounting Treatment for Disbursements Received. · Strong organizational, customer service and communication skills, both written and verbal. · Ability to audit documents, complete processes, meet deadlines, and work with department management and staff. · Strong problem-solving skills and the ability to make recommendations in the Bankruptcy space. · Some leadership or supervisory experience is required. Benefits: · Medical, Dental and Vision Insurance - START DAY ONE! · Life and Disability Insurance, Paid Parental Leave and Adoption Assistance · Health Savings (HSA), Flexible Spending (FSA) and dependent care accounts · Paid Training, Paid Time Off (PTO) and 11 Paid Federal Holidays, and any applicable state holidays · 401(k) plan with company match, Profit Sharing, competitive compensation in line with work experience · Mental health benefits including coaching and therapy sessions · Tuition Reimbursement for qualifying employees enrolled in an accredited degree program related to the needs of the business, maximum of $5,250 per calendar year, employees are eligible for the program upon hire · Employee Ambassador preferred banking products

Responsibilities

Manage the bankruptcy processing function for consumer loans and ensure compliance with bankruptcy laws and corporate policies. Negotiate reaffirmation and chapter plans, and maintain accurate records in loan systems.