Bankruptcy Specialist Jobs in Indiana
A Bankruptcy Specialist in the banking industry is primarily responsible for managing all bankruptcy-related tasks of the bank. They review and process bankruptcy notices, motions, proofs of claim, and other related documents. They also ensure all bankruptcy filings are updated and accurate in the bank's system. Bankruptcy Specialists are involved in loss mitigation, monitoring loan modifications, and interacting with attorneys on bankruptcy issues. They also assist in preparing reports and analyzing trends related to bankruptcy.
Important skills for a Bankruptcy Specialist include excellent communication skills, attention to detail, and a deep understanding of bankruptcy law. They should have strong data entry and computer skills, as well as the ability to multitask in a fast-paced environment. Proficiency in Microsoft Office applications is often required. In terms of certifications, Certified Bankruptcy Specialist (CBS) or Certified Insolvency and Restructuring Advisor (CIRA) can be an added advantage. Prior roles that can lead to becoming a Bankruptcy Specialist include positions as a Bankruptcy Clerk, Bankruptcy Paralegal, or a Loan Servicing Specialist.
** The Bankruptcy Specialist l will be responsible for monitoring residential mortgage loans in the Bankruptcy process to minimize potential losses and preserve the lien-holders interests....
Demographic Data for Indiana
Moving to Indiana? Find some basic demographic data about Indiana below.
Bankruptcy Specialist Online Courses and Training Opportunities
Salary for Bankruptcy Specialist Jobs in Indiana
Highest Education Level
Bankruptcy Specialists in Indiana offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Bankruptcy Specialist position
- Mortgage Lending
- Mortgage Processing
- Financial Services
- Loan Servicing
- File Management
- Resolution
- Team Leading
- Real Estate
- Referrals
- Collections
- Inbound/Outbound Calling
- Finance
- Closing
- Decision Making
- Math
- Retail
- High School Diploma
- Auditing
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Multitasking
- Microsoft Office
- Problem Solving
- Project Management
- Team Building
- Microsoft Excel
- Time Management
- Research Skills
- Teamwork
- Organization
- Customer Service
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Bankruptcy Specialist Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »