Trust Associate

Trust Associate /Bankruptcy Specialist

***BANRUPTCY EXPERIENCE REQUIRED***

• Location: Los Angeles, CA
• In-office / On-site position (100%)
• Compensation: $130,000 to $160,000 base salary (commensurate with experience) plus bonus potential and benefits

Summary:

Trust Associate / Bankruptcy Specialist will be responsible for handling post-confirmation administration of bankruptcy estates with minimal supervision. Expertise in understanding motions, disclosure statements, and Chapter 11 plans will be essential in ensuring compliance with debtors' continuing bankruptcy obligations, tax responsibilities, and distributions to estate creditors. Selected individual will assist in reviewing Proofs of Claim and drafting various documents, including notice responses and abatement letters related to tax disputes.

Responsibilities of Bankruptcy Specialist / Trust Associate:

• Manage bankruptcy estates post-confirmation, ensuring adherence to all bankruptcy obligations and tax requirements
• Oversee and execute distributions to estate creditors following approved Chapter 11 plans
• Review tax Proofs of Claim and collaborate with tax professionals in first-day valuations for estates
• Prepare & dispute collection delinquent liabilities with state and federal tax authorities through abatement letters and other legal means
• Assist in the preparation of monthly operating reports and communicating filing requirements to legal counsel
• Administrative support in setting up new client information into our management database
• Effectively communicate with supervising attorneys, co-counsel, clients, and tax professionals
• Draft correspondence related to bankruptcy proceedings and respond to creditor inquiries
• Collaborate with tax professionals to limit the risk of liens and fines for trusts, payroll reports, and disbursements of wage claims

Qualifications for Bankruptcy Specialist / Trust Associate:

• 3+ yeas relevant Bankruptcy experience
• Familiarity with bankruptcy laws, motions, disclosure statements, and Chapter 11 plans
• Previous experience in bankruptcy estate administration
• Familiarity with the US Bankruptcy code
• Bachelor’s degree and/or Paralegal certificate preferred
• Excellent research skills and the ability to analyze complex legal documents
• Proficiency in Microsoft Office applications specifically PowerPoint and Excel
• Strong writing and communication skills with attention to detail
• Proficient with financial/data analytics