Join our Talent Network
Skip to main content

Specialist, Commercial SBC

This job posting is no longer active.

Location: Bangalore, KA, India
Job ID: 1003397
Company: Ocwen APAC

Save Job Saved

Job Description

POSITION TITLE: Senior Specialist-Bankruptcy -Commercial Default

Position Summary:

The Senior Specialist, Bankruptcy Commercial Default will manage timelines and workflow processes on loans in Bankruptcy in accordance with established work rules, goals & objectives to improve timeline and attorney performance. The Senior Specialist will be responsible to manage all the functions within Bankruptcy process.

Job Functions and Responsibilities:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Examples below:

• Monitor all Chapter 7, 11, 12, or 13 cases, Total Debts, Cram Downs, Adversaries, and Litigation.
• Work in conjunction with assigned Asset Manager's to manage cases and provide appropriate direction to BK counsel
• Support Legal Department and bankruptcy vendor(s) with escalated matters.
• Monitor loans for cash flow and refer to attorney for appropriate legal action.
• Complete detail research/account auditing as necessary.
• Assist management in quality assurance with vendor relationships to ensure quality of service and to ensure departmental goals are met.
• Handles customer service-related issues for borrowers (Escrow Analysis, Coupons, Taxes, Insurance and Loss Drafts).
• Provides monthly status reports to Investor/Trustee.
• Monitor and process payments from BK Trustees and Borrowers - Pre and Post-Petition.
• Coordinate with internal departments to process court order modifications
• Provide support for processing Proof of Claims
• Other duties as assigned
• Perform Quality check of task which is performed by Bankruptcy attorney
• Review daily /weekly reports for exceptions and timeline discrepancies
• Escalate process gap identified to higher management for resolution


To perform this job successfully, an individual must have the following education and/or experience:
• Bachelor's degree or equivalent of fifteen years of education.
• Preference will be given to any candidate that has prior experience in Default process
• Microsoft Excel proficiency
• Effective written and verbal communication skills
• Must be analytical, logical and detail oriented
• No documented disciplinary action in the last 12 months
• Should have an appraisal rating of "B" or above in the last completed appraisal performance cycle

About Us

Company: Ocwen APAC

Ocwen is intensely focused on hiring, developing and retaining the best talent in the industry! Our commitment to Diversity & Inclusion ensures that we are an organization that creates, promotes and sustains an inclusive work environment in which diversity, inclusiveness and respect are integral parts of our culture and work environment. Building the reputation as an outstanding place to work, a great business partner and a valued community member is our everyday endeavor.

Ocwen's mission is to delight our customers through caring service and innovative lending solutions. We proudly serve over 1.3 million families with their mortgage needs by helping to find real solutions that benefit our customers and help to build stronger communities. Helping Homeowners is What We Do!®

Consider an opportunity to join our global team and put "Caring in Action" while growing your career.

Ocwen and its subsidiaries are proud to be equal opportunity workplaces. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity or Veteran status. If you have a disability or special need that requires accommodation, please let us know.

Share: mail

Similar Jobs

Lead Analyst, Commercial SBC

Bangalore, KA, India

Specialist, Foreclosure - Commercial SBC

Bangalore, KA, India

Senior Specialist, Foreclosure - Commercial SBC

Bangalore, KA, India