Bankruptcy Specialist Jobs in Vernon Hills, IL
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.
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Demographic Data for Vernon Hills, IL
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Bankruptcy Specialist Online Courses and Training Opportunities
Salary for Bankruptcy Specialist Jobs in Vernon Hills, IL
Highest Education Level
Bankruptcy Specialists in Vernon Hills, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Bankruptcy Specialist position
- Mortgage Processing
- Loan Servicing
- Mortgage Servicing
- Loss Prevention
- Real Estate
- Referrals
- Finance
- Inbound/Outbound Calling
- Collections
- Analytical Skills
- Process Improvement
- Accounting
- High School Diploma
- Prioritizing
- Retail
- Auditing
- Investigation
- Microsoft Outlook
- Telephone Skills
- Written Communication
- Documentation
- Filing
- Reporting
- Regulations
- Microsoft PowerPoint
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Time Management
- Research Skills
- Teamwork
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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