Essential Duties and Responsibilities: GENERAL PURPOSE The Senior Bankruptcy Coordinator is a pivotal role in safeguarding the company's financial interests by proactively managing bankruptcy filings across multiple lines of business, including Mobility, Business Payments, and Benefits. This position demands a strategic and analytical mindset, going beyond tactical execution to identify trends, assess risks, and develop proactive solutions. The Senior Coordinator will collaborate closely with in-house counsel and cross-functional teams to optimize recoveries, minimize losses, and ensure compliance throughout the bankruptcy process. BANKRUPTCY MANAGEMENT
Employ critical thinking and analysis to anticipate and evaluate the financial impact of bankruptcy filings on the company's portfolio. Develop and execute proactive strategies to maximize recoveries and mitigate losses, considering both short-term and long-term implications. Identify trends and patterns in bankruptcy filings, providing actionable insights to management to inform risk mitigation policies and credit decisions.
CROSS-FUNCTIONAL COLLABORATION + LEADERSHIP
Forge strong partnerships with in-house counsel, collections, accounting, and customer service teams to gather critical information, align strategies, and drive successful outcomes. Serve as a subject matter expert, providing guidance and expertise on bankruptcy-related matters to internal stakeholders. Effectively communicate with external parties, including bankruptcy trustees, creditors, and legal representatives, to protect the company's interests.
ADMINISTRATION + COMPLIANCE
Proactively monitor and track bankruptcy filings across all relevant business lines, ensuring comprehensive and up-to-date records. Collaborate with in-house counsel to prepare and file necessary documentation, adhering to strict legal and regulatory requirements. Oversee the accurate and timely processing of bankruptcy claims, optimizing potential recoveries.
PROCESS OPTIMIZATION + INNOVATION
Continuously evaluate and enhance bankruptcy management processes, seeking opportunities to improve efficiency, accuracy, and scalability. Leverage technology and automation to streamline workflows, optimize data tracking, and enable data-driven decision-making. Stay abreast of legal and regulatory changes impacting bankruptcy proceedings, proactively adapting processes and strategies.
These statements are intended to describe the general nature and level of work being performed rather than give an exhaustive list of all duties and responsibilities.
The base pay range represents the anticipated low and high end of the pay range for this position. Actual pay rates will vary and will be based on various factors, such as your qualifications, skills, competencies, and proficiency for the role. Base pay is one component of WEX's total compensation package. Most sales positions are eligible for commission under the terms of an applicable plan. Non-sales roles are typically eligible for a quarterly or annual bonus based on their role and applicable plan. WEX's comprehensive and market competitive benefits are designed to support your personal and professional well-being. Benefits include health, dental and vision insurances, retirement savings plan, paid time off, health savings account, flexible spending accounts, life insurance, disability insurance, tuition reimbursement, and more. For more information, check out the "About Us" section.
Pay Range: $61,000.00 - $81,000.00
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