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- Tasks: Support the Formal Restructuring team by managing case portfolios and ensuring compliance.
- Company: Join FRP, a top UK business advisory firm with over 830 experts dedicated to client success.
- Benefits: Gain valuable experience, receive training, and work in a collaborative environment with potential for remote options.
- Why this job: This role offers hands-on experience in restructuring, fostering skills in a supportive and dynamic team culture.
- Qualifications: No prior experience needed; just bring your organisational skills and a willingness to learn.
- Other info: Opportunity to manage your own cases as you grow, with mentorship from senior colleagues.
The predicted salary is between 20000 - 30000 £ per year.
About FRP
At FRP, we are a leading national business advisory firm based in the UK. With over 830 team members, including 108 partners, we specialise in Corporate Finance, Debt Advisory, Forensic Services, Financial Advisory and Restructuring Advisory. Operating from 35 offices across the UK, Isle of Man and Cyprus, we are dedicated to helping clients navigate complex and difficult situations to create, preserve, and recover value. Our approach is known for being honest, clear, and considered. We provide strategic solutions that cater to a broad range of businesses, from multinational organisations to small enterprises. Our commitment is to deliver expert advice and support, ensuring our clients can make informed decisions and achieve their goals.
Role overview
As a Trainee in the Formal Restructuring team, you will be responsible for supporting your colleagues’ case portfolio. Your primary goal is to ensure all statutory obligations are met and the Insolvency Practitioner's (IP) duties are upheld to maximise returns for creditors. You will support on caseloads efficiently and effectively, managing your workload independently and meeting critical deadlines, which requires excellent organisational skills. Maintaining a commercial perspective is essential to uphold the firm's reputation and standards. Collaboration with managers, IPs, and other team members is crucial to ensure cases progress smoothly and close in a timely manner. As you develop and gain more experience, you will begin to start managing your own cases and will be supported on these cases by more senior colleagues.
Key Responsibilities
- Issuing statutory documentation in accordance with case diaries
- Communicating with creditors to address any queries
- Preparation of reports, in line with insolvency legislation and best practice (training will be given)
- Managing own workload to ensure deadlines are met whilst ensuring that work is completed with accuracy and to a high standard
- Taking responsibility and proactive management of ongoing compliance of cases
- Provide ongoing support and assistance to other members of the team
- Attending site visits as and when required
- Developing and maintaining strong working relationships with accountants/agents/banks/lawyers/financial institutions
Trainee Restructuring Administrator employer: FRP Advisory
Contact Detail:
FRP Advisory Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Trainee Restructuring Administrator
✨Tip Number 1
Familiarise yourself with the key responsibilities of a Trainee Restructuring Administrator. Understanding the statutory obligations and the role of an Insolvency Practitioner will help you demonstrate your knowledge during interviews.
✨Tip Number 2
Network with professionals in the restructuring and insolvency field. Attend industry events or join relevant online forums to connect with current employees at FRP or similar firms, which can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Showcase your organisational skills by discussing any relevant experiences where you managed multiple tasks or projects. This will highlight your ability to handle the workload independently, which is crucial for this role.
✨Tip Number 4
Prepare to discuss how you would maintain a commercial perspective in your work. Think about examples from your past experiences where you had to balance client needs with business objectives, as this aligns with FRP's commitment to delivering expert advice.
We think you need these skills to ace Trainee Restructuring Administrator
Some tips for your application 🫡
Understand the Role: Read the job description thoroughly to understand the responsibilities and requirements of the Trainee Restructuring Administrator position. Tailor your application to highlight how your skills and experiences align with these expectations.
Craft a Strong CV: Ensure your CV is up-to-date and clearly outlines your relevant experience, education, and skills. Emphasise any previous roles or projects that demonstrate your organisational skills and ability to manage workloads effectively.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight specific examples from your past experiences that showcase your ability to work collaboratively and manage deadlines, as these are crucial for the position.
Proofread Your Application: Before submitting your application, carefully proofread all documents for spelling and grammatical errors. A polished application reflects your attention to detail and professionalism, which are important in the advisory field.
How to prepare for a job interview at FRP Advisory
✨Understand the Role
Make sure you have a clear understanding of what a Trainee Restructuring Administrator does. Familiarise yourself with the responsibilities mentioned in the job description, such as managing statutory documentation and communicating with creditors. This will help you answer questions confidently and demonstrate your enthusiasm for the role.
✨Showcase Your Organisational Skills
Since the role requires excellent organisational skills, be prepared to discuss how you manage your workload and meet deadlines. You could share examples from your studies or previous work experiences where you successfully juggled multiple tasks while maintaining high standards.
✨Demonstrate Team Collaboration
Collaboration is key in this role, so think of examples that highlight your ability to work well in a team. Discuss any group projects or experiences where you effectively communicated and collaborated with others to achieve a common goal.
✨Prepare Questions
At the end of the interview, you'll likely have the chance to ask questions. Prepare thoughtful questions about the company culture, training opportunities, or the types of cases you might be working on. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
