Insolvency Administrator

3 weeks ago

London, Canada Canaccede Financial Group Full time

**Company Information**

Canaccede Financial Group Ltd. and its subsidiaries (collectively “Canaccede”) are Canadian industry leaders in specialized investment and financial services products. Through our acquisition entities and our managing and servicing entity, Canaccede International Management Ltd., we have been working with a broad cross-section of lenders and financial institutions in the acquisition and services of insolvent and distressed receivables since 2008, and we are the largest multi-asset acquirer in the Canadian market.

We operate with an analytically driven philosophy that is always responsive to our client’s individual needs and circumstances. Our business proposition is to maximize value of acquired receivables in a cost-effective manner and provide integrated consumer finance solutions through our operating, servicing, and technology platforms.

Adding to the momentum that Canaccede has built, in March 2020, Jefferson Capital, a leading purchaser and servicer of consumer charged-off and bankruptcy receivables in the United States and United Kingdom completed the strategic acquisition of Canaccede Financial Group Ltd. Canaccede’s corporate culture is an open, forward-looking, and growth-oriented one, where motivated employees learn and grow. We have offices in Toronto and London, Ontario.

This position is based out of our London office.

**Job Summary**

Canaccede Financial Group is seeking an Insolvency Administrator, who is responsible for processing all account updates for our insolvent accounts. This includes reviewing and updating account information, maintaining accurate records on insolvent accounts, and monitoring received payments. The Insolvency Administrator works with trustees throughout Canada, ensuring appropriate steps are followed in effort for Canaccede to receive payment on all accounts. The Insolvency Administrator supports multiple departments, assuming responsibility for accounts transferred from other departments if they become insolvent.

**What does a typical day look like?**
- Process insolvency documents, such as filing Proof of Claims, accounting for status changes and updates
- Compile and maintain all required paperwork, records and documents, including verifying and updating all pertinent information
- Communicate details of complex debtor and trustee inquiries to Specialist or Management
- Maintain detailed administrative and procedural processes for ongoing history and referencing
- Identify questionable accounts and communicate details to management
- Scan materials, and update databases accurately and accordingly
- Maintain, organize, and update filing system
- Assist with mailroom coverage, when necessary
- Other duties as reasonably assigned

**What qualifications are required for this position?**
- One year of experience in Insolvency industry
- High school diploma, GED or equivalent
- Post-secondary education in Business Administration or equivalent experience is an asset
- English/French bilingualism is an asset
- Strong knowledge of MS Excel
- Previous experience with Databases
- Experience with accurately administering documents within a System of Record
- Exceptional customer service skills
- Accuracy and attention to detail while working under tight deadlines
- Ability to work independently as well as within a team/group, providing professional advice or direction to other employees as necessary
- Strong problem identification and problem resolution skills according to unique situation

**What type of scheduling does Canaccede Financial Group offer?**

This permanent full-time role requires availability during hours of operation (Monday through Friday, 8:30 AM-4:30 PM).

**What's great about working for Canaccede Financial Group?**

**Competitive total compensation structure**, which includes competitive base salary, annual bonus program, deferred profit-sharing plan, group RRSP, 3 weeks’ paid vacation, paid sick days, company paid health, dental, vision, paramedical, life and travel insurance benefits, employee assistance program, and tuition reimbursement program.

**While working from home **we are sure to provide our employees with the systems necessary for long term success, which includes your performance and communication tools. We have also modified our onboarding process to help integrate you into the company even before your first day, and we will help connect you with all our current employees. Our Social Committee hosts virtual monthly activities, and we continue to find unique and fun ways to celebrate our successes while remote.

**While working in our London office **you will get to enjoy our open concept work environment, which is ideal for collaboration and team building. Enjoy your lunch with your colleagues in our expansive lunchroom filled with windows, booths, and social tables. Our Social Committee coordinates fun events on a regular basis - both inside and outside of the office. These include holiday lunches,

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