JPMorgan Chase CCB - MB - Bankruptcy Operations Specialist I in Lewisville, Texas
This position is responsible for providing default loan monitoring for Bankruptcy Operations, ensuring compliance with federal bankruptcy law for mortgage loans which are affected by Chapter 7, 11, or 13 bankruptcies. The BK Operations Specialist I will be responsible for performing quality review of approximately 500 to 550 mortgage loans. The Bankruptcy Operations Specialist I work in a production environment. Production and quality goals are established by the manager and measured through the use of a performance scorecard.
*Principal Duties and Responsibilities *
Receives and validates new bankruptcy notifications and setups in core mortgage electronic systems to ensure that all contents are accurate.
Performs timely follow-up with attorneys and bankruptcy trustees. Ensures that follow up for hearings, discharges and other critical steps such as request referrals on delinquent bankruptcies, etc. is handled on a timely basis.
Maintains accurate and up-to-date account ledgers to ensure the discharge process is complete.
Develops and maintains relationships with bankruptcy attorneys, bankruptcy trustees, debtor attorneys and Chase in-house legal counsel.
Ensures appropriate payment application to the bankruptcy plan.
Reviews trustee ledger against servicing system's payment history.
Knowledge and Experience
One year of financial services operations experience (i.e. mortgage, legal documents production, default, asset recovery) preferred.
Prior bankruptcy knowledge/experience preferred.
Excellent time management skills.
Effective written and verbal communication skills.
Attention to detail and focus on accuracy critical.
Proficiency in Microsoft Word and Excel preferred.
High school diploma or equivalent required; college degree preferred
JPMorgan Chase is an Equal Opportunity and Affirmative Action Employer, M/F/D/V
Job: *Loan Processor
Organization: *CONSUMER & COMMUNITY BANKING
Title: CCB - MB - Bankruptcy Operations Specialist I
Location: TX-Lewisville-Lake Vista 4 / 41053
Requisition ID: 160091655