At a Glance
- Tasks: Advise clients on financial distress and manage insolvency processes.
- Company: Join a growing team in a reputable restructuring firm based in Bristol or Bath.
- Benefits: Enjoy flexible working options and opportunities for professional development.
- Why this job: Make a real impact while mentoring others in a supportive environment.
- Qualifications: Qualified JIEB with five years' experience in insolvency required.
- Other info: Ideal for proactive individuals ready to advance their careers.
The predicted salary is between 48000 - 72000 £ per year.
Department: Restructuring
Location: Bristol
Description
Are you a client-focused Insolvency Practitioner looking to take the next step in your career? We are seeking a dedicated professional to support our Lead Insolvency Practitioner and help develop our growing team.
Ideally, you will be based in either Bristol or Bath.
Key Responsibilities
As an Insolvency Practitioner (IP), you will advise individuals and businesses facing financial distress, ensuring compliance with UK insolvency laws and working towards the best outcomes for stakeholders.
- Assess financial situations and provide insolvency advice.
- Administer insolvency processes (CVAs, CVLs, administration, IVAs, bankruptcies).
- Negotiate with creditors and manage fund distributions.
- Ensure compliance with UK insolvency regulations.
- Investigate director conduct and identify wrongful trading.
- Mentor junior team members and support their development.
Skills, Knowledge and Expertise
We’re looking for someone with the technical expertise, leadership potential and commercial acumen to make an impact.
- Qualified JIEB and licensed by a recognised Insolvency Licensing Body.
- At least five years’ experience in insolvency or financial restructuring.
- Strong financial and legal knowledge in insolvency matters.
- Excellent negotiation and communication skills.
- Proactive, organised, and detail conscious.
- Willingness to travel and work flexibly to meet client needs.
If you’re ready to make an impact and develop your career in insolvency, we’d love to hear from you. Apply now and take the next step with us!
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Insolvency Practitioner (Partner) employer: The InSOLVEncy Company part of The Sumer Group
Contact Detail:
The InSOLVEncy Company part of The Sumer Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Insolvency Practitioner (Partner)
✨Tip Number 1
Network with professionals in the insolvency field. Attend industry events, seminars, or webinars to connect with other Insolvency Practitioners and learn about potential opportunities. Building relationships can often lead to referrals or insider knowledge about job openings.
✨Tip Number 2
Stay updated on the latest UK insolvency laws and regulations. Being knowledgeable about recent changes can set you apart from other candidates and demonstrate your commitment to the field. Consider subscribing to relevant newsletters or joining professional organisations.
✨Tip Number 3
Showcase your leadership skills by volunteering for mentorship roles or leading projects in your current position. Highlighting your ability to mentor junior team members will align well with the responsibilities of the role at StudySmarter and show your readiness for a partner position.
✨Tip Number 4
Prepare for interviews by practising common questions related to insolvency scenarios. Think about how you would handle specific cases or challenges, as this will demonstrate your problem-solving skills and practical knowledge during discussions with our team.
We think you need these skills to ace Insolvency Practitioner (Partner)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in insolvency and financial restructuring. Emphasise your qualifications, such as being JIEB qualified, and detail your relevant work history, particularly any leadership roles or mentoring experiences.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss your understanding of UK insolvency laws and how your skills align with the responsibilities outlined in the job description. Be sure to mention your ability to negotiate and communicate effectively.
Highlight Relevant Experience: In your application, focus on specific examples from your past roles where you successfully managed insolvency processes or mentored junior team members. Use metrics or outcomes to demonstrate your impact, such as successful negotiations with creditors or compliance achievements.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial in the field of insolvency.
How to prepare for a job interview at The InSOLVEncy Company part of The Sumer Group
✨Showcase Your Technical Expertise
As an Insolvency Practitioner, it's crucial to demonstrate your in-depth knowledge of UK insolvency laws and processes. Be prepared to discuss specific cases where you've successfully navigated complex financial situations, highlighting your qualifications and experience.
✨Emphasise Leadership Skills
Since the role involves mentoring junior team members, be ready to share examples of how you've led teams or supported colleagues in their professional development. This will show your potential as a leader within the firm.
✨Prepare for Negotiation Scenarios
Given the importance of negotiation in this role, think of past experiences where you've successfully negotiated with creditors or managed fund distributions. Practising these scenarios can help you articulate your approach during the interview.
✨Demonstrate Client-Focused Mindset
Highlight your commitment to client satisfaction by discussing how you've tailored your advice to meet individual client needs. This will resonate well with the company's focus on being client-centric in their approach.