Bankruptcy Specialist II

Description

Summary:

The Bankruptcy Specialist II applies advanced technical and operational skills to loan, lease and mortgage accounts involved in complex bankruptcy and/or legal actions.

Duties And Responsibilities

• Completes valuation recommendations and prepares legal documents for foreclosure and repossession processing.
• Performs bankruptcy loss mitigation techniques to avoid loss to the bank.
• Completes real estate calculations for monthly write down and charge off processing.
• Attends senior management monthly charge off and write down evaluation meeting to discuss decisions and evaluation outcomes.
• Interacts directly with outside counsel on Huntington owned and investor owned property.
• Establishes complete and accurate records on accounts as required to ensure that legal, reporting and/or systems requirements are at expected levels.
• Takes appropriate action to minimize further losses and maximize loss recovery.
• Researches and responds to inquiries regarding accounts involved in bankruptcy and/or legal action. Develops workout strategy on consumer installment loan\lease & mortgage loans to minimize loss or effect recovery on current loan portfolio.
• Oversees outside council activity on complex bankruptcy cases.
• Provides technical direction to co-workers when necessary.
• Establishes complete and accurate records on accounts as required to ensure that legal, reporting and /or systems requirements are maintained.
• Takes appropriate action to minimize losses and maximize the recovery.
• Conducts research involving bank policy along with federal and state bankruptcy regulations.
• Stays abreast of changes in court procedures and document requirements.
• Contacts consumers and debtor attorneys to resolve issues related to bankruptcy and repayment.
• Manages and approves strategy and authorizes settlements on behalf of the bank.
• Performs functions as a bank witness in court.
• Could testify in court as to bank policy and procedure.
• Responsible for bankruptcy loss mitigation, foreclosure recommendation and write down and/or charge off evaluations.
• Required to attend and articulate evaluation outcomes in senior level management review meetings.
• Performs other duties as assigned.
  
  
  

Basic Qualifications

• 5 years of related experience
• High school diploma or equivalent
  
  
  

Preferred Qualifications

• Bachelor's Degree
• Must have excellent written and verbal communication skills
• Must have strong negotiation skills and ability
• Must be goal oriented and self-motivated
• Experience using computers
  
  
  

Office

Exempt Status: (Yes = not eligible for overtime pay) (No = eligible for overtime pay)

No

Workplace Type

Office

Huntington is an equal opportunity and affirmative action employer and is committed to providing equal employment opportunities for all regardless of race, color, religion, sex, national origin, age, disability, sexual orientation, veteran status, gender identity and expression, genetic information, or any other basis protected by local, state, or federal law.

Tobacco-Free Hiring Practice: Visit Huntington's Career Web Site for more details.

Agency Statement: Huntington does not accept solicitation from Third Party Recruiters for any position

Huntington will not sponsor applicants for this position for immigration benefits, including but not limited to assisting with obtaining work permission for F-1 students, H-1B professionals, O-1 workers, TN workers, E-3 workers, among other immigration statuses. Applicants must be currently authorized to work in the United States on a full-time basi