Opportunities

Licensed Insolvency Trustee

St. John's, NL
Permanent

We are proud to have partnered with MNP on their search for a Licensed Insolvency Trustee (LIT) for their growing Consumer Insolvency Team in Newfoundland and Labrador. Committed to helping all stakeholders through financial challenges, MNP Limited is one of the largest insolvency practices in Canada. For more than 50 years, their experienced team of Government-Licensed Insolvency

Trustees and advisors have been working collaboratively with lenders and debtors at all levels to help protect their interests.

Responsibilities

  • Responsible for the delivery of consumer insolvency services
  • Act as Licensed Insolvency Trustee for consumer practice riles including bankruptcies, proposals and
  • receiverships
  • Conduct meetings with debtors on complex engagements
  • Assist in building the Insolvency practice and market share; promote and generate new engagements
  • Execute formal and informal restructurings, which may involve taking possession of assets, operating
  • insolvent entities and dealing with stakeholders through periods of crisis
  • Deliver advice corresponding to bankruptcy laws and practices
  • Advise lenders, creditors or shareholders through financial reviews, business turnarounds, bankruptcies, and liquidations
  • Prepare and review all relevant BIA documentation including Statement of Affairs, 170 Reports, Court Orders and Affidavits, Certificate of Discharge, Trustee’s Supplementary Report to Court, Pre and Post Bankruptcy
  • Tax Returns and Final Statement of Receipts and Disbursements
  • Accountable for project financials (budgets, WIP, timely billing, collection, variance recognition)
  • Plan, budget, schedule and coordinate engagements
  • Raise awareness of MNP through discussions at community events including client and company sponsored functions
  • Network in the local business community and consider business development opportunities

Skills and Experience

  • Possess a Chartered Insolvency and Restructuring Professional and Licensed Insolvency Trustee (LIT) designation
  • Registered Bankruptcy and Insolvency Act (BIA) Counsellor (have completed Counselling Course and Administrator Course), Commissioner for Oaths
  • Minimum 5 years of experience in insolvency
  • Experience in the legal or financial industries is considered an asset; particularly experience consulting with potential insolvents
  • Advanced proficiency with Microsoft Word and Excel and experience with Ascend software
  • Willing and able to travel

At Venor, we value and celebrate diversity. We welcome applications from all individuals of any race, color, religion, gender identity, orientation, national origin, or disability status.

If you are interested in this opportunity, reach out to JF Ratthé, Senior Talent Consultant, in full confidentiality via jf@venor.ca or 709-330-9730.

Application Form

For: Licensed Insolvency Trustee
In doc, docx or pdf format, 10 MB max
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