Truist · 4 days ago
Bankruptcy Production Manager
Richmond, VA
Full-time
Onsite
Mid, Senior Level
3+ years expTruist Bank is seeking a Bankruptcy Production Manager to lead a team of Bankruptcy teammates. The role involves ensuring compliance with bankruptcy procedures, training team members, and managing performance metrics to enhance department efficiency.
BankingFinanceFinancial Services
Responsibilities
Extensive knowledge of bankruptcy law as it applies to creditor accounts and mastery level as it pertains to the singular subject matter for the position
Recommend process and procedure changes as needed to maximize efficiency of the department or to meet regulatory or bankruptcy law changes, and assist in updating policy and procedure guides
Handle complex bankruptcy matters that arise from incoming calls, correspondence, and/or Bankruptcy Specialist inquiries
Ensure teammates have followed standardized bankruptcy procedures for all assigned accounts and monitor objectives using standard management reporting systems
Provide ongoing training and feedback to teammates to ensure appropriate performance, engagement, and career development
Meet established performance objectives for assigned accounts/area as measured by volume, timeliness, recovery, etc
Provide information and feedback on an ongoing basis to ensure continuous improvement in Bankruptcy Management processes, assisting with department projects
Ensure execution and compliance with all policies and procedures
Make recommendations for teammates regarding employment, training, performance ratings, salary changes, promotions, transfers and terminations. Also establish priorities and resolve teammate issues
Perform other duties as directed by Bankruptcy Management Leader or Bankruptcy Manager
Qualification
Required
Bachelor's degree or equivalent education and/or training
Three years of bankruptcy, collections or recovery experience. Minimum of 2 years' experience with bankruptcy
Strong communication and analytical skills
Very good negotiating skills
Demonstrated proficiency in basic computer applications, such as Microsoft Office software products
Thorough knowledge of bankruptcy law and procedures
Exceptional when participating in a team environment
Preferred
Bachelor's degree in a business related field
Previous leadership experience
Benefits
Medical
Dental
Vision
Life insurance
Disability
Accidental death and dismemberment
Tax-preferred savings accounts
401k plan
No less than 10 days of vacation
10 sick days
Paid holidays
Defined benefit pension plan
Restricted stock units
Deferred compensation plan
Company
Truist
Truist is the sixth-largest commercial bank in the U.S.
10001+ employees
H1B Sponsorship
Truist has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (313)
2024 (247)
2023 (288)
2022 (275)
2021 (278)
2020 (270)
Funding
Current Stage
Late StageTotal Funding
unknown2021-01-01Seed
Leadership Team
Michael Maguire
Chief Financial Officer
James Cordovana
SVP of Cloud Security Enterprise Architect
Recent News
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