Bankruptcy Associate

Job Title: Bankruptcy Associate
Department: Operations
Salary: $65,000 - $70,000 Benefits - Medical, Dental, Vision, 401k, ESOP

Job Description:
Velocity Investments is a specialized financial services firm that focuses on acquiring and managing distressed receivables. The Bankruptcy Associate will assist on overseeing all bankruptcy-related matters for accounts within our portfolio. This role will report to the Director of Bankruptcy. This role involves monitoring bankruptcy filings, ensuring compliance with federal and state laws, and working closely with internal teams and external counsel to protect the company's interests in bankruptcy proceedings.

Essential Duties and Responsibilities include the following:

• Review and process bankruptcy notices, filings, and court documents.
• File proofs of claim, objections, and other necessary pleadings in bankruptcy cases.
• Monitor bankruptcy case status and deadlines to ensure timely action.
• Communicate with bankruptcy trustees, attorneys, and courts as needed.
• Maintain accurate records in the company's case management system.
• Collaborate with internal collections, compliance, and legal teams to align strategies.
• Ensure adherence to FDCPA, CFPB, and other regulatory requirements.
• Assist in audits and reports related to bankruptcy accounts.

Education: High school diploma or equivalent required.

Experience:

• Prior Experience in bankruptcy processing and familiarity with Ch 7 and 13 bankruptcy proceedings preferred.

Skills:

• Strong attention to detail and accuracy in data entry.
• Ability to work efficiently and manage a high volume of repetitive tasks.
• Basic computer proficiency (Microsoft Office, PDF tools, and web-based filing systems).
• Familiarity with bankruptcy claims or legal documentation a plus.
• Excellent organizational and time management skills.
• Strong written and verbal communication skills.

Other Duties as required

Equal Employment Opportunity Statement

The Company is an equal opportunity employer and does not discriminate on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, or related medical conditions), gender identity or expression, sexual orientation, national origin, age, disability, genetic information, veteran status, or any other status protected by applicable federal, state, or local law.

Reasonable Accommodation
Applicants and employees who require a reasonable accommodation to perform the essential functions of the job or to participate in the application process should contact Human Resources. The Company will engage in an interactive process consistent with applicable law.

Background Check and Employment Eligibility

Employment is contingent upon the successful completion of a background check, verification of employment eligibility, and any other pre-employment screenings required by law or Company policy. Any such background check or screening will be conducted only after a conditional offer of employment has been made, and in accordance with applicable federal, state, and local laws.

Compensation and Benefits Disclaimer
Compensation, benefits, and other terms and conditions of employment are subject to change at the sole discretion of the Company, in accordance with applicable law.

At-Will Employment Statement
Employment with the Company is at-will, meaning that either the employee or the Company may terminate the employment relationship at any time, with or without cause or notice, subject to applicable law.

Job Description Disclaimer
These job descriptions are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. The Company reserves the right to modify, add, or remove duties and to assign other responsibilities as necessary.

Acknowledgment
By applying for this position, applicants acknowledge that they have read and understand the information provided in this job posting.