Bankruptcy Specialist jobs in Illinois
Bankruptcy Specialist is responsible for the documentation and filing of loan bankruptcy materials with the appropriate attorneys. Ensures full compliance with loan bankruptcy regulations. Being a Bankruptcy Specialist monitors accounts throughout the loan bankruptcy process and contacts appropriate party when necessary. Verifies the bankruptcy is secured and acquires a copy of the proposed Chapter 13 Plan on all secured accounts. Additionally, Bankruptcy Specialist captures Chapter 7 reaffirmation agreements to management for approval. Distributes account balances and interest rates to the secured and unsecured balances. Stays current with changing state specific bankruptcy laws. Typically requires a bachelor's degree or its equivalent. Typically reports to a supervisor. The Bankruptcy Specialist works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Bankruptcy Specialist typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Bankruptcy Specialist jobs
Managing Director
- 1200 Epiq Bankruptcy Solutions, LLC
-
Illinois, IL
PART_TIME
- It's fun to work at a company where people truly believe in what they are doing! Job Description: Position Summary The Managing Director works in both a consulting role and business development role within Epiq’s Corporate Restructuring division in New York. This role has responsibility for implementation of our consulting services strategy for the unit and will identify as well as drive new business opportunities for the segment. The purpose of this position is to leverage expertise, knowledge and relationships in the bankruptcy and restructuring markets to develop and strengthen our consulting execution as well utilizing relationships to drive sales. Essential Job Responsibilities Identify consulting processes and design as well as implement improvements. Lead key engagements and develop staff Identify, select and strategically market to key prospects to begin the sales process. Attend Epiq-sponsored client events to develop relationships and facilitate relationships among other industry professionals who have similarly aligned goals, while seeking industry feedback and monitoring competitor services, branding and marketing approaches. Develop and maintain an accurate list of prospects/clients as well as related activities on a weekly basis within our Corporate Restructuring Management system. Educate clients and prospects regarding all of our corporate restructuring services via on-site client visits, conferences, events, etc. Build and communicate an understanding of Epiq’s other service offerings (i.e., Class Action and E-Discovery) to facilitate cross-selling opportunities. Provide personal support/sponsorship for select key client relationships. Schedule and hold meetings with key decision makers at targeted high-profile accounts, leveraging existing relationships and developing new ones with key decision-makers and influencers within targeted debtor’s counsel, financial advisory firms, investment bankers and private equity groups that deliver on revenue expectations. Identify key trends to identify top prospects and proactively pursue new business based upon predictions of future bankruptcy-related activity. Help build the messaging to these top prospects that incorporates Epiq’s capabilities in a holistic enterprise offering. Partner with key executives and business partners to develop integrated business development strategy. Regularly and proactively communicate to segment’s leadership team on the status of key projects and initiatives Coordinate with the Marketing team to construct an integrated campaign to open doors and successfully secure appointments with key individuals or groups. Manage a team of Business Development Professionals Create a stimulating goals-driven and performance-oriented environment. Develop and maintain an operating environment in which proper quality controls for execution, accuracy and timeliness of work are practiced and consistently measured. Manage within the approved budget (including staffing/compensation costs). Promote Epiq’s corporate culture and values through exemplary leadership and frequent one-on-one coaching of staff. Contribute to the effective coordination efforts and best practices between all Epiq businesses. Ensure that qualitative and quantitative service performance goals and metrics are in place within the Business Development team. Drive performance management by recognizing and rewarding stellar performance as well as effectively managing performance deficiencies. Provide value-added guidance and support to other leaders in a consultative, mutually supportive manner. Requirements for the role include: Existing substantial relationships within the industry that can be leveraged. The ability to secure and hold high-level business meetings with key individuals such as General Counsel (GC), Assistant General Counsel, partners, MD’s, COO’s, CIO’s and C-level prospects. The ability to collaborate internally to coordinate the selection of high potential prospects. A strong understanding of the bankruptcy and restructuring markets and restructuring processes. The ability to partner with a field sales team to effectively transition a prospect into a selling/close discussion. A track record of effectively managing a team of individuals to identify, target and approach high potential prospects. Education & Experience Bachelor’s degree required. JD, MBA or other advanced degree preferred. Minimum 15 years practicing as a bankruptcy attorney, turn-around professional, or business development professional with experience selling to law firms, investment banks and other financial institutions is desired. Knowledge, Skills, and Abilities Deep general business acumen, sophisticated judgment, and people leadership skills. Ability to operate successfully in an environment characterized by high pressure, tight deadlines, and frequent need to adapt. Polished executive presence with a high level of emotional maturity. Highly developed communication and management skills. Must be able to articulate value proposition and conduct presentations to professionals in a compelling and persuasive manner Leadership Competencies Creating Vision and Purpose - Communicates a compelling, inspiring vision and purpose for the business both now and for the future; establishes and commits to a long-range course of action aligned to the vision; focuses on and optimistic about the possibilities; creates a way for others to buy-in to and share the same vision and purpose. Cross-Organizational Collaboration - Expands the organization’s ability to operate effectively in multiple environments through strategic collaboration with other business units and business leaders; ensures the broad relevance of the organization's products and services through effective collaborative efforts; capitalizes on cross-organizational experiences and partnerships to enhance the organization's ability to operate effectively; actively seeks cross-organizational collaborative opportunities and takes risks to enhance organizational knowledge and skills. Financial Acumen - Understands and utilizes economic, financial, and industry data to accurately diagnose business opportunities; identifies critical financial issues and develops strategies and plans to build business; effectively manages the P/L for the business/department; develops and incorporates an understanding of the competitive marketplace as well as an awareness of economic, social and political trends that impact the business. Diversity and Talent Champion - Builds a competitively superior organization by attracting, developing, and retaining top, diverse talent to ensure that people with the right skills and motivations are in the right place at the right time to meet business needs. Champions talent management best practices through effective diagnosis of capability and development needs, effectively utilizing and placing people, and cultivating a learning and growth culture; strives to identify successors for their role as well as their managers’ roles Change Leadership - Communicates a need for change within one’s department/organization that generates excitement and commitment to the change; initiates and/or manages the change process and invigorates it on an ongoing basis, taking steps to remove barriers or quicken its pace; obtains and provides resources to implement change initiatives and works to make others feel ownership of the change; clearly communicates the direction and challenges of change to all involved; models the change that one expects of others by demonstrating commitment to the change. Environment While performing the duties of this job, the employee is frequently required to stand; walk; sit; use hands to finger or feel; reach with hands or arms; and talk or hear. The employee must occasionally lift and/or move up to 10 pounds. Position requires ability to travel up to of the time. Specific vision abilities required by this job include close vision, depth perception and ability to adjust focus.The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.The noise level in the work environment is usually moderate. If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us! It is Epiq’s policy to comply with all applicable equal employment opportunity laws by making all employment decisions without unlawful regard or consideration of any individual’s race, religion, ethnicity, color, sex, sexual orientation, gender identity or expressions, transgender status, sexual and other reproductive health decisions, marital status, age, national origin, genetic information, ancestry, citizenship, physical or mental disability, veteran or family status or any other basis protected by applicable national, federal, state, provincial or local law. Epiq’s policy prohibits unlawful discrimination based on any of these impermissible bases, as well as any bases or grounds protected by applicable law in each jurisdiction. In addition Epiq will take affirmative action for minorities, women, covered veterans and individuals with disabilities. If you need assistance or an accommodation during the application process because of a disability, it is available upon request. Epiq is pleased to provide such assistance and no applicant will be penalized as a result of such a request. Pursuant to relevant law, where applicable, Epiq will consider for employment qualified applicants with arrest and conviction records. Epiq is a leading global provider of integrated technology and services for the legal profession, including eDiscovery, managed services, bankruptcy, class action and mass tort administration, federal regulatory actions and data breach responses. Our innovative solutions are designed to streamline the administration of litigation, investigations, financial transactions, regulatory compliance and other legal matters. Epiq’s subject-matter experts bring clarity to complexity, create efficiency through expertise and deliver confidence to our clients around the world. We strive for a cohesive, collaborative environment that focuses on group achievement. With over 8000 associates worldwide, Epiq operates in 19 countries and over 80 global locations.
- 14 Days Ago
Bankruptcy Filer Legal Assistant
- The Gori Law Firm
-
Edwardsville, IL
FULL_TIME
- Job Description: Bankruptcy Filer Legal Assistant Department: Bankruptcy Reports To: Supervising Attorney Position Type: Full Time, Hourly, Nonexempt Location: Edwardsville, IL, 62025 Standard Hours: ...
- 1 Month Ago
Corporate Bankruptcy Attorney Needed!!!
- Robert Half
-
Chicago, IL
PER_DIEM
- We are working with a leading national law firm in Chicago committed to enriching clients' businesses and safeguarding their interests. Their areas of operation extend across various disciplines, such...
- 27 Days Ago
Product Technical Specialist - Roselle. IL
- Signode -Product Technical Specialist
-
Roselle, IL
FULL_TIME
- Product Technical Specialist - Roselle. IL Apply Now Description/Job Summary SUMMARYSupport Field Service Technicians and work closely with Signode manufacturing and engineering groups at Signode Glen...
- 7 Days Ago
Lawn Specialist - Earn $13-$22/Hour + Benefits
- TruGreen - Lawn Specialist
-
Granite, IL
FULL_TIME
- TruGreen is Now Hiring Lawn Specialists! Earn Up to $22.00 per Hour - Comprehensive BenefitsAt TruGreen, we are committed to our customers, our teams, our values, and the science of lawn care. A caree...
- 7 Days Ago
Cosmetic Merchandiser (2023-30799)
- Apollo Retail Specialist
-
Arlington, IL
PART_TIME
- As a cosmetic merchandiser, you’ll take on project-based work to ensure cosmetic products, graphics, and displays are visually appealing to attract and engage shoppers, build strong relationships with...
- 1 Day Ago
Bankruptcy Specialist jobs at Popular Companies
Bankruptcy Specialist
- A-Line Staffing Solutions
-
Glen Allen, VA
- Job Description Job Description A-Line Staffing is now hiring Bankruptcy Specialist in Glen Allen, VA. The Bankruptcy Sp...
- 4/18/2024 12:00:00 AM
Litigation Attorney with Experience
- Williams Parker Attorneys at Law
-
Sarasota, FL
- Williams Parker law firm, the region's largest and oldest law firm, is actively seeking a Litigation Attorney with signi...
- 4/18/2024 12:00:00 AM
Junior-Mid-Level Corporate & Securities Attorney (Real Estate Focused)
- Geraci LLP
-
Irvine, CA
- Who are we? Geraci LLP is the nation’s largest law firm exclusively focused on serving alternative lenders, private lend...
- 4/18/2024 12:00:00 AM
Senior Business Development Manager
- Considine Search
-
New York, NY
- New York, NY Summary The Sr. Manager, Business Development – Corporate works closely with the Associate Director, Busine...
- 4/18/2024 12:00:00 AM
Bankruptcy Specialist/Processor
- Workway, Inc.
-
San Diego, CA
- Workway is a professional staffing firm, working with organizations across the country to place exceptional candidates. ...
- 4/17/2024 12:00:00 AM
Bankruptcy Specialist I
- Lendmark Financial Services, LLC
-
Covington, GA
- At Lendmark Financial Services, we believe the success of our company is specifically attributable to the quality of our...
- 4/16/2024 12:00:00 AM
Bankruptcy Specialist
- Workway, Inc.
-
San Diego, CA
- Job Description Job Description Workway is a professional staffing firm, working with organizations across the country t...
- 4/16/2024 12:00:00 AM
Bankruptcy Specialist
- Midland Credit Management
-
Troy, MI
- Job Description Job Description If you are wondering why you should work for us, here is something to help you decide: P...
- 4/16/2024 12:00:00 AM
About Illinois
Illinois (/ˌɪlɪˈnɔɪ/ (listen) IL-ih-NOY) is a state in the Midwestern and Great Lakes region of the United States. It has the fifth largest gross domestic product (GDP),
the sixth largest population, and the 25th largest land area of all U.S. states. Illinois is often noted as a microcosm of the entire United States. With Chicago in northeastern Illinois, small industrial cities and immense agricultural productivity in the north and center of the state, and natural resources such as coal, timber, and petroleum in the south, Illinois has a diverse economic base, and is a major transportation hu...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Bankruptcy Specialist jobs
$40,014 to $50,581
Most Popular Cities in Illinois for Bankruptcy Specialist Jobs
What does a Bankruptcy Specialist do?
Bankruptcy Specialist in Galveston, TX
The Bankruptcy Specialist is responsible for developing a work relationship with Bankruptcy Courts, Counsel, and the Board of Trustees.
January 08, 2020
Bankruptcy Specialist in Mcallen, TX
We ranked the top skills based on the percentage of Bankruptcy Specialist resumes they appeared on.
January 27, 2020
Bankruptcy Specialist in Benton Harbor, MI
The following top skills are often required or desired to land a Bankruptcy Specialist position.
December 12, 2019