Insolvency Specialist

Job Description

Insolvency Specialist:
On behalf of our Banking client, Procom is searching for an Insolvency Specialist for a 6-month role. This position is a hybrid position with 3 days onsite at our client’s Mississauga office.

Insolvency Specialist - Job Description:
The Insolvency Specialist will focus on managing bankruptcies, consumer proposals, and credit counseling. The role involves analyzing financial statements to determine liabilities and applying relevant legislation to maximize asset recovery. The team collaborates to review and evaluate delinquent accounts for potential collection opportunities.

Insolvency Specialist - Responsibilities:
• Assess the financial situation of individuals or businesses to determine the appropriate course of action
• Prepare and submit necessary documentation relating to insolvency procedures
• Keep up to date with changes in insolvency law and practice
• Establish expertise with Consumer Collections personnel as a key support contact/resource/coach
• Analyze data and information to provide insights and recommendations
• Escalate complex or unresolved customer situations to managers as required
• Deliver exceptional customer service that builds trust through expertise, responsive service, and support
• Support continuous improvement initiatives by identifying and implementing changes to make processes more effective and efficient

Insolvency Specialist - Mandatory Skills:
• At least 1 year of direct Insolvency experience
• Minimum 1-2 years of experience from Canadian Financial Institutions in Bankruptcy and Insolvency Administrative Department
• Minimum 1-2 years of Collections experience recovering Canadian banking products
• Basic knowledge of Canadian Bankruptcy and Insolvency Act
• Self-reliant
• Strong written/verbal communication skills
• Analytical and problem-solving skills

Insolvency Specialist – Nice-to-Have Skills:
• Knowledge of trustee/vendor platforms
• Previous analyst/problem-solving skills
• Bilingual French/English

Insolvency Specialist – Assignment Length:
This is a 6-month contract position with the possibility of extension and conversion to full-time employment.

Insolvency Specialist - Start Date:
ASAP.

Insolvency Specialist - Assignment Location:
Mississauga, Ontario, Canada. This is a hybrid role requiring 3 days in the office.

This employer uses both human and technology-assisted tools to support candidate screening and assessment. Final hiring decisions are made by people.