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Credit Bankruptcy Officer

Northwest Bank
$33.65 - $43 per hour / $70,000 - 90,000
remote work
United States, New York, Buffalo
Oct 17, 2025

Job Description

Job Summary

The Credit Bankruptcy Officer is responsible for coordinating, monitoring and analyzing loans when a borrower files a bankruptcy petition.

Essential Functions

  • Ensure integrity of loan documentation

  • Review loan documents for perfection of collateral

  • Prepare and analyze bankruptcy reports

  • Identify and resolve problems / issues

  • Record all agreements and conversations

  • Prepare correspondence and documentation

  • Prepare and file proofs of claim

  • Attend 341 meetings and/or bankruptcy hearings as needed and/or direct outside counsel regarding same

  • Monitor collection activity and bankruptcy filings

  • Report agreed payment terms and plans

  • Partner with loan officers

  • Prepare for litigation

  • Order appraisals

  • Initiate Charge-offs / write downs

  • Prepare reviews and monthly bankruptcy updates

  • Recommend improvements to procedures

  • Build relationships with internal customers

  • Maximize technology tools available

  • Minimize departmental non-payroll costs

  • Ensure compliance with Northwest's policies and procedures, and Federal/State regulations

  • Navigate Microsoft Office Software, computer applications, and software specific to the department to maximize technology tools and gain efficiency

  • Work as part of a team

  • Work with on-site equipment

Education + Experience

  • Bachelor's degree in business/ accounting or finance degree or related subject matter preferred

  • Law degree preferred

  • 5-6 years of experience in Bankruptcy law related to Chapters 7, 11, 12, and 13, retail/consumer and commercial loans preferred

  • Ability to analyze data, prepare bankruptcy related documents

The pay range for this position is generally $33.65 - $43 per hour / $70,000 - 90,000 annually. Actual pay is based on various factors including but not limited to the successful candidate's experience, skills, and knowledge. Additional bonus earning opportunities and benefits are also available.

This position can be performed remotely, unless you live within 40 miles of one of our Hub locations which are listed below. If you live within 40 miles of one of the locations listed below, you must be onsite Monday - Thursday with Friday as an optional work from home day.

INDEPENDENCE, OH

6480 Rockside Woods Blvd S

Suite 345

Independence, OH 44131

COLUMBUS, OH

HQ

3 Easton Oval

Columbus, OH 43219

BUFFALO, NY

375 Essjay Road

Suite 100

Buffalo, NY 14221

MOUNT JOY, PA

101 East Main Street

Mount Joy, PA 17552

WARREN, PA

100 Liberty Street

Warren, PA 16365

ERIE, PA

800 State Street

Erie, PA 16501

PITTSBURGH, PA

Bellevue

532 Lincoln Avenue

Bellevue, PA 15202

Pittsburgh Business Office

525 William Penn Place

Suite 3550

Pittsburgh, PA 15222

FISHERS, IN

11 Municipal Drive

Suite 150

Fishers, IN 46037

#LI-EK1

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

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