Senior Insolvency Administator
London
Competitive

Senior Insolvency Administrator

Ref: 946| Posted: 20th May 2024

Senior Insolvency Administrator

Company Overview:

My client is a leading financial services firm specialising in insolvency and restructuring solutions for individuals and businesses. With a proven track record of successful outcomes, we are committed to providing comprehensive financial guidance and expert advice to our clients during times of financial distress.

Job Description:

We are currently seeking an experienced and highly competent Senior Insolvency Administrator to lead our insolvency team. The Senior Insolvency Administrator will be responsible for managing complex and high-profile cases, mentoring junior team members, and ensuring the efficient execution of insolvency procedures. This role requires a deep understanding of financial analysis, legal proceedings, and exceptional leadership skills to guide the team and support clients through challenging financial situations.

Responsibilities:

  • Case Management: Oversee a portfolio of complex insolvency cases, ensuring that each case progresses efficiently and in compliance with relevant laws and regulations.
  • Team Leadership: Provide guidance and mentorship to junior insolvency administrators, fostering a collaborative and supportive team environment.
  • Financial Analysis: Conduct in-depth financial assessments of individuals or businesses in insolvency, identifying key issues, assets, liabilities, and potential restructuring strategies.
  • Creditor Negotiations: Lead negotiations with creditors to achieve favourable outcomes for clients, balancing the interests of all stakeholders.
  • Asset Management: Supervise the efficient liquidation or management of assets, optimizing returns for creditors while adhering to legal requirements.
  • Legal Compliance: Ensure that all insolvency procedures strictly adhere to applicable laws, regulations, and industry best practices.
  • Documentation and Reporting: Oversee the maintenance of accurate and up-to-date records of insolvency cases, including financial reports, legal documentation, and correspondence.
  • Client Communication: Act as the main point of contact for high-profile clients, providing expert advice, explaining complex financial matters, and addressing their concerns.
  • Court Representation: Represent the firm and clients in court proceedings related to insolvency cases, presenting evidence, and providing strategic support.
  • Stakeholder Management: Collaborate effectively with legal professionals, creditors, debtors, and other parties involved in insolvency cases, fostering strong professional relationships.
  • Continuous Improvement: Stay updated with industry trends, changes in regulations, and best practices to enhance the firm's insolvency services continually.

Requirements:

  • Bachelor's degree (or equivalent) in finance, accounting, business administration, or a related field.
  • Proven experience as a senior insolvency administrator or a similar role within the financial or legal sector (3+ years).
  • Thorough knowledge of insolvency laws, bankruptcy regulations, and debt restructuring procedures.
  • Exceptional financial acumen and the ability to conduct complex financial analyses.
  • Excellent leadership, communication, and negotiation skills.
  • Proficiency in legal documentation and reporting, with keen attention to detail.
  • Proactive problem-solving abilities and the capability to handle multiple complex cases simultaneously.
  • Strong track record of successful insolvency case management.
  • Professional certifications (e.g., CPI) are highly desirable.
  • Previous experience in mentoring and guiding junior team members.

If you are an experienced and accomplished insolvency professional looking to take the next step in your career, we invite you to apply for the Senior Insolvency Administrator role. Join our client’s team of dedicated experts and make a significant impact by providing strategic financial solutions to clients in need.

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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