DRS Adjudication Traineeship

Ministry of Law, Singapore; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A government agency in Singapore is offering a Graduate Industry Traineeship Programme for fresh graduates. The role involves adjudicating claims under the Debt Repayment Scheme, engaging with debtors and creditors, and examining the validity of claims. Candidates should have a degree in Accountancy, Finance, Business Administration, or Law, and possess strong communication and numeracy skills. This position aims to provide industry-relevant skills and experience that enhance employability for full-time roles.

Qualifications

• Comfortable working with figures and legal documents.
• Strong literacy and numeracy skills.
• Ability to work independently and in a team.

Responsibilities

• Examine the validity of claims filed by creditors.
• Correspond with debtors and creditors for additional information.
• Resolve disputes arising from the adjudication of claims.

Skills

Communication skills

Attention to detail

Numeracy skills

Education

Degree in Accountancy, Finance, Economics, Business Administration, or Law

Tools

Microsoft Office

Job description

What The Role Is

The Graduate Industry Traineeship Programme within the Public Service (GRIT@Gov) aims to provide fresh graduates with opportunities to gain industry-relevant skills and experience that can strengthen their employability to take up full time roles in the sector.

The Ministry of Law ensures a sound and progressive legal infrastructure, intellectual property infrastructure and insolvency regime, and optimizes land resources, to support national goals. You will be part of the Individual Insolvency and Debt Repayment Scheme Division of the Insolvency & Public Trustee's Office (IPTO).

You will handle the adjudication of claims filed in cases under the Debt Repayment Scheme ("DRS") and be responsible for all areas of adjudication under the Debt Repayment Scheme. You will also be involved in engaging debtors and creditors/ their solicitors in the submission of information/documents relating to the creditor’s claims.

The potential competencies that you can stand to develop from the Traineeship Programme include:

• Knowing and Applying Public Service-Level Acts and Regulations: Be familiar with Public Service-level Acts and Regulations (e.g. Insolvency, Restructuring and Dissolution Act) that are relevant to the work.
• Investigating and Gathering Evidence: Ensure all evidence related to the case are appropriately obtained, documented, processed, and stored in accordance with agency policy and procedures to support resolution of claims filed.
• Possessing Interviewing Skills: Possess and apply appropriate interviewing techniques to obtain important information on the claims filed by creditors.

Responsibilities

What you will be working on

• Examine the validity of claims filed by creditors by applying the relevant law and SOPs.
• Correspond with debtors and creditors/ their solicitors for additional information and/or further documentary evidence in support of the claims filed against the debtor.
• Resolve disputes between creditors and the debtors arising from the adjudication of the claim.
• Liaise with management and/or the legal division in the resolution of disputes.
• Liaise with the legal division in dealing with the rejection of creditors’ claims found not admissible by the Official Assignee.
• Send statutory notices e.g. notice of rejection of the creditor’s claim, and monitoring of the statutory timelines closely.
• Assess any appeals filed by the creditors on the rejection of a claim and liaise with the legal division within the appropriate timelines.
• Assess any appeals filed by the debtor on the admission of a claim and liaise with the legal division within the appropriate timelines.
• Conclude the preliminary adjudication of all claims to determine the suitability of the debtor for the DRS within the Court’s timelines.

What We Are Looking For

General requirements

• Academic training preferably in Accountancy, Finance, Economics, Finance, Business Administration or Law.
• Literacy & numeracy skills.
• Comfortable working with figures and have eye for detail and willing to deal with legal documents (e.g. judgments, Order of court).
• Ability to use Microsoft Office.
• Good written and verbal communications skills.
• Able to work independently yet be part of a team.
• Meticulous and ability to multi-task.