Insolvency Administrator
London
Competitive

Insolvency Administrator

Ref: 947| Posted: 20th May 2024

Job Title: Insolvency Administrator

Company Overview:

My client is a reputable financial services firm specializing in insolvency and restructuring solutions for individuals and businesses. As a leader in the industry, they are dedicated to helping clients navigate through challenging financial circumstances and finding viable solutions for debt relief and recovery.

Job Description:

We are seeking a skilled and detail-oriented Insolvency Administrator to join our client’s team. The Insolvency Administrator will play a pivotal role in managing and executing insolvency cases, ensuring compliance with relevant laws and regulations, and guiding clients through the insolvency process. The successful candidate will demonstrate expertise in financial analysis, legal proceedings, and effective communication.

Responsibilities:

  • Case Management: Oversee and manage multiple insolvency cases simultaneously, ensuring timely progress and adherence to established timelines.
  • Financil Analysis: Conduct comprehensive financial assessments of individuals or businesses in insolvency to determine their financial standing, assets, liabilities, and potential restructuring options.
  • Creditor Negotiations: Engage with creditors to negotiate payment terms, settlement agreements, or restructuring plans, aiming to achieve equitable outcomes for all stakeholders.
  • Asset Management: Supervise the liquidation or management of assets in accordance with legal requirements and maximizing returns for creditors.
  • Legal Compliance: Ensure all insolvency procedures strictly adhere to applicable laws, regulations, and industry standards.
  • Documentation and Reporting: Maintain accurate and up-to-date records of insolvency cases, including financial reports, correspondence, and legal documentation.
  • Client Communication: Act as the primary point of contact for clients, providing them with clear explanations of the insolvency process, potential outcomes, and answering any inquiries they may have.
  • Stakeholder Management: Collaborate effectively with legal professionals, creditors, debtors, and other parties involved in insolvency cases.
  • Continuous Learning: Stay updated with the latest industry trends, regulations, and best practices in insolvency administration to enhance professional expertise.

Requirements:

  • Bachelor's degree (or equivalent) in finance, accounting, business administration, or a related field.
  • Proven experience (1-2 years) in insolvency administration or a similar role within the financial or legal sector.
  • Knowledge of insolvency laws, bankruptcy regulations, and debt restructuring procedures.
  • Strong financial acumen and ability to perform detailed financial analyses.
  • Excellent communication and negotiation skills to interact with clients and stakeholders effectively.
  • Proficiency in legal documentation and reporting.
  • Attention to detail and the ability to handle sensitive and confidential information.
  • Proactive problem-solving abilities and the capacity to handle multiple cases simultaneously.
  • Professional certifications (e.g., CPI) are a plus but opportunity to study is offered

If you are a driven professional with a passion for assisting individuals and businesses through financial challenges, and possess the necessary skills and expertise, we welcome your application to join our client’s dynamic team as an Insolvency Administrator

First 2 Recruit Ltd is an Employment Agency who provide permanent and fixed term contract services and an Employment Business who provide temporary services as defined under the Employment Agencies Act 1973.  First 2 Recruit Ltd will collect the personal details which job seekers provide to us for the purposes of providing job seekers with work-finding services. In providing this service to job seekers we may need to transfer their personal details to our client companies.

First 2 Recruit Ltd is an equal opportunities employer and is committed to a policy of treating all its employees and job applicants equally regardless of race, colour, ethnic origin, nationality, national origin, religion or belief, gender, sexual orientation, gender reassignment, age or perceived age, marital or civil partnership status or disability.

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