Bankruptcy Officer

Overview

The Bankruptcy Officer manages a portfolio of consumer and/or commercial accounts involved in bankruptcy proceedings. The Bankruptcy Officer is responsible protecting the bank's interests while ensuring full compliance with the U.S. Bankruptcy Code and internal risk policies. 

 

RENASANT BANK IS AN EQUAL OPPORTUNITY EMPLOYER

Responsibilities

• Manage a caseload of consumer bankruptcies (Chapter 7 and 13) and commercial/business bankruptcies (Chapter 11 and 7), from filing through discharge, dismissal or plan completion
• Prepare, review and file proofs of claim, motions for relief from stay, objections to plans and other required court documentation within statutory deadlines
• Coordinate with outside bankruptcy counsel to ensure accurate representation of the institution's claims and timely court filings
• Analyze bankruptcy plans and reorganization proposals to assess financial impact and recommend appropriate action (objection, negotiation, or acceptance)
• Reconcile account balances, fees and payment histories to ensure accuracy of claims filed with the court
• Track case status and plan payments, escalating delinquencies or plan defaults as appropriate
• Ensure compliance with the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA)/Regulation V (including Metro 2 reporting standards), U.S. Bankruptcy Code and internal policies
• Identify process improvement opportunities to reduce cycle times and losses associated with bankruptcy accounts
• Maintain detailed, audit-ready case files and documentation in the institution's imaging system
• Mentor assigned personnel on bankruptcy procedures and best practices as needed
• Perform other related duties as assigned

Qualifications

• Bachelor’s degree or high school diploma (or equivalent) with equivalent work experience
• Minimum of 5 years of bankruptcy administration, default servicing or a related legal/financial experience
• Strong knowledge of the U.S. Bankruptcy Code (Chapters 7, 11, and 13), FDCPA, FCRA/Regulation V, court e-filing platforms (e.g., PACER/CM-ECF), and relevant state and federal collection laws
• Strong knowledge of reviewing legal documents such as proofs of claim, motions and reorganization plans
• Excellent written and verbal communication skills, including experience engaging with outside counsel and trustees
• Proficiency with case management software for tracking case status and automating filing workflows, including LexisNexis Bankruptcy Management (Banko)
• Proficiency with loan servicing systems, case management software, and Microsoft Excel
• Ability to manage multiple priorities and deadlines independently

Physical Demands

 

The physical demands described are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to stand or sit; kneel, stoop, or squat; use hands or fingers to handle or feel objects, tools or controls; reach with hands and arms, and talk or hear. The employee is occasionally required to walk. The employee must occasionally lift and /or move up to 25 pounds. Specific vision abilities required by this job include close vision, peripheral vision, depth perception and the ability to focus.

 

Work Environment

 

The Bank’s professional working environment requires employees to communicate effectively, both verbally and in writing. Employees must demonstrate strong interpersonal skills when working closely with internal business partners and external clients. Employees may be exposed to confidential and propriety information within the working environment, therefore, must uphold confidentiality at all times. Due to the possibility of being exposed to high risk situations (i.e. robbery), detailed instructions and procedures are required to be followed at all times to safeguard the Bank’s employees, customers, and assets.

 

 

The above is intended to describe the general content of and requirements for the performance of this job. It is not to be construed as an exhaustive statement of duties, responsibilities, or requirements. The principal duties and responsibilities enumerated are all essential job functions except for those that begin with the word “May”.

 

This job description is intended to describe the normal level of work required by the person performing the work. The principle duties outlined are the essential responsibilities and duties.  Other duties may be assigned as needs arise.  Job requirements and/or processes may be modified to reasonably accommodate persons with a disability as required by law.

 

This description is not intended as a contract and is subject to change. Any written contractual agreements supersede this job description.