Insolvency Administrator
London City
competitive

Trainee Insolvency Administrator - North London

Ref: 945| Posted: 20th May 2024

Trainee Insolvency Administrator - North London

Company Overview:

My client is a well-established financial services firm specialising in insolvency and restructuring solutions for individuals and businesses. They are committed to providing comprehensive training and professional development opportunities for individuals interested in building a career in the insolvency industry.

Job Description:

They are excited to offer a valuable opportunity for a Trainee Insolvency Administrator to join their team. As a Trainee, you will receive hands-on training and mentorship from experienced professionals, gaining practical experience in financial analysis, legal proceedings, and insolvency case management. This role is ideal for individuals with a passion for finance, strong attention to detail, and a desire to contribute to the financial recovery and debt relief of clients facing financial distress.

Responsibilities:

  • Learning Insolvency Procedures: Undergo comprehensive training to understand the insolvency process, bankruptcy laws, and debt restructuring procedures.
  • Case Support: Assist insolvency administrators in managing cases, including gathering financial data, preparing reports, and maintaining case files.
  • Financial Analysis: Learn to conduct basic financial assessments of individuals or businesses in insolvency to identify key financial factors.
  • Legal Compliance: Familiarise yourself with the legal aspects of insolvency proceedings and ensure all procedures adhere to applicable laws and regulations.
  • Client Communication: Assist in communicating with clients, creditors, and other stakeholders, ensuring professional and timely responses to inquiries
  • Documentation and Record Keeping: Learn to maintain accurate and organised records of insolvency cases, financial reports, and relevant documentation.
  • Professional Development: Take part in training sessions and workshops to expand knowledge and skills in insolvency administration.
  • Team Collaboration: Collaborate with other team members to contribute effectively to the overall success of insolvency cases.

Requirements:

  • Bachelor's degree (or equivalent) in finance, accounting, business administration, or a related field.
  • Strong interest in insolvency and a desire to build a career in the financial services industry.
  • Excellent organisational skills and attention to detail.
  • Effective communication and interpersonal abilities.
  • Basic knowledge of financial concepts and principles.
  • Ability to work independently and as part of a team.
  • Proficiency in MS Office applications (Word, Excel, PowerPoint).
  • Integrity and a commitment to maintaining confidentiality.

Benefits:

  • Comprehensive training and mentorship from experienced professionals.
  • Exposure to various aspects of insolvency and restructuring processes.
  • Opportunities for career growth and advancement within the company.
  • Supportive and collaborative work environment.
  • Opportunity to study and undertake Insolvency related qualifications
  • Competitive compensation package.

If you are a motivated and dedicated individual eager to launch your career in the insolvency industry, we invite you to apply for the Trainee Insolvency Administrator role. Join my client’s team and contribute to helping individuals and businesses overcome financial challenges and achieve a fresh start.

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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