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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 enjoy a collaborative work environment.
- Why this job: Develop your skills in a dynamic field while making a real impact on businesses.
- Qualifications: No prior experience needed; just bring your organisational skills and eagerness to learn.
- Other info: Opportunity to manage your own cases as you grow within the role.
The predicted salary is between 24000 - 36000 £ 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
The duties and responsibilities will vary case to case but are likely to include:
• 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, which could provide valuable insights and potentially a referral.
✨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 thoughtful questions about the company culture and team dynamics at FRP. This not only shows your interest in the role but also helps you assess if the environment aligns with your career goals.
We think you need these skills to ace Trainee Restructuring Administrator
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the Trainee Restructuring Administrator position. Understand the key responsibilities and required skills, as this will help you tailor your application.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the role. Emphasise your organisational skills, ability to manage workloads, and any experience in finance or administration.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention why you are interested in FRP and how your background makes you a suitable candidate for the Trainee Restructuring Administrator position.
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 and professionalism, which is crucial in the advisory field.
How to prepare for a job interview at FRP Advisory
✨Understand the Role
Make sure you have a solid grasp of what a Trainee Restructuring Administrator does. Familiarise yourself with the responsibilities outlined in the job description, especially around statutory obligations and managing case portfolios.
✨Showcase Your Organisational Skills
Since the role requires excellent organisational skills, prepare examples from your past experiences where you've successfully managed multiple tasks or deadlines. This will demonstrate your ability to handle the workload independently.
✨Emphasise Team Collaboration
Highlight your ability to work well in a team. Be ready to discuss how you've collaborated with others in previous roles, as this position involves working closely with managers and other team members.
✨Prepare Questions
Have thoughtful questions ready for your interviewers about the company culture, training opportunities, and how success is measured in the role. This shows your genuine interest in the position and helps you assess if it's the right fit for you.
