Personal Insolvency Associate

KR8 Advisory Limited; Southampton; Hybrid; GBP 40,000 - 56,000; Full time

Job summary

KR8 Advisory Limited is seeking a Personal Insolvency Associate to deliver timely personal insolvency services across a portfolio of Bankruptcy, IVA, and deceased estate cases. You will report to Managers, Directors and Partners, manage your own caseload, and support others in the team while maintaining client confidentiality.

The role offers study support with potential progression toward CPI or JIEB qualifications, and a hybrid setup with office locations in Manchester, Southampton or Brighton.

Qualifications

• 2 years experience within personal insolvency.
• Ability to manage a portfolio of personal insolvency cases.

Responsibilities

• Plan control and proactively maintain a portfolio of personal insolvency cases.
• Have good knowledge of Bankruptcies and IVAs; knowledge of corporate insolvency and its interaction with individuals would be a benefit.
• Draft necessary reports to unsecured creditors / secured creditors / creditors’ committees and the Court.
• Deal with and adjudicate on retention of title, secured, preferential and unsecured claims with assistance if necessary.
• Carry out investigations to uncover claims for preferences / transactions at undervalue etc.
• Overseeing or preparing accurate books and records inventories, and taking responsibility for the safeguard, removal and storage of such from premises.
• Maximising asset realisations and ensuring recoveries are pursued in a pro-active and cost-effective way.
• Appropriate banking and cheque request forms in order to ensure that estate monies are handled and dealt with correctly
• Complete VAT returns and reclaims
• Monitoring of costs to ensure that fees are drawn at appropriate stages, in accordance with resolutions passed by creditors

Job description

Please note this is a hybrid role and can be based from our Manchester, Southampton or Brighton office 3 days per week

About KR8 Advisory

A unique opportunity to join KR8 Advisory, a Managing Director-led Restructuring & Advisory practice, part of the K3 Advisory Group, based in London, Manchester and Leeds. This is an opportunity to be part of an ambitious and experienced team with a strategic plan to grow its service proposition and expand into other key locations.

About The Role – Personal Insolvency Associate

KR8 Advisory is looking for an experienced Personal Insolvency Associate to join the team and provide timely and accurate delivery of Personal Insolvency services in relation to a portfolio of Bankruptcy, IVA and deceased estate cases and provide guidance and support to more junior team members.

You will report to Managers, Directors and Partners whilst managing your own case load in addition to assisting others in the team and delegating work to trainees. You will complete assignments for Managers & MD’s, attend/chair meetings, prepare minutes and maintain referrer & client relationships and confidentiality. Also have ideally 2 years experience within personal insolvency.

We are committed to supporting professional development and will provide full study support and training where required. With the potential to study towards additional qualifications in the future such as Certificate of Proficiency in Insolvency (CPI) and JIEB.

Role Responsibilities

• Plan control and pro-actively maintain a portfolio of personal insolvency cases
• Have good knowledge of Bankruptcies and IVAs. Knowledge of corporate insolvency and its inter-action with individuals would be a benefit
• Draft necessary reports to unsecured creditors / secured creditors / creditors’ committees and the Court
• Deal with and adjudicate on retention of title, secured, preferential and unsecured claims with assistance if necessary
• Carry out investigations to uncover claims for preferences / transactions at undervalue etc
• Overseeing or preparing accurate books and records inventories, and taking responsibility for the safeguard, removal and storage of such from premises
• Maximising asset realisations and ensuring recoveries are pursued in a pro-active and cost-effective way
• Appropriate banking and cheque request forms in order to ensure that estate monies are handled and dealt with correctly
• Complete VAT returns and reclaims
• Monitoring of costs to ensure that fees are drawn at appropriate stages, in accordance with resolutions passed by creditors

What We Offer

We have exciting and highly ambitious plans to continue our growth across the UK. You will be supporting the development of the Restructuring and Advisory practice with direct access to senior leaders across the KR8 offices and other K3 Advisory Group service lines.

In addition to the above, we also offer a competitive salary and benefits package, together with strong opportunities for career development and progression.

#KR8Advisory

With over 1,200 employees across the Group, 25 offices in the UK, and international bases in Malaysia and Cyprus