Insolvency Administrator (Division 1 & Ordinary Proposals)Company InformationOne of Canada’s oldest and most respected debt solution providers. We help people get out of debt and start rebuilding their lives again. Established in 1979, Farber has over 350 employees working across Canada and has helped over 200,000+ Canadians get out of debt.And now, we’re embarking on our next stage of innovation & significant growth. To do that, we hire experienced, enthusiastic, motivated, innovative, and customer-centric team members to play critical roles in helping us reach our ambitious goals.Join us in better serving the growing number of Canadians who are in need of help.Position SummaryWe are currently seeking a Full-time Insolvency Administrator (internally known as Division 1 and Ordinary Proposals Administrator) to join our Sheppard office. The individual in this role will administer Division 1 proposal and Ordinary bankruptcy files.ResponsibilitiesPreliminary File Review / Proofs of Claim / Meeting of Creditors:Input file information into Ascend (industry specific software) and CRM databasesPrepare necessary documents such as proposal/NOI, cash flow, Bankruptcy notice etc. using Word and ExcelE-file recent files and all statutory reports, notices, and minutesDraft Report to Creditors and Notice to Creditors for proposal and Trustee’s Preliminary report to creditors for bankruptcyInput Proof of Claims into Ascend and follow up with creditors if claims are deficient of the required information.Deal with all matters related to proof of claim, including, preparation of the notice of disallowanceSchedule all meeting of creditors for both proposal and bankruptcy estatesNegotiate with creditors for acceptance of proposalsPrepare and send out Notice of Stay if applicableEmail or Mailnotices to all creditorsAttend to creditors’ and debtors’ enquiries—bring complex enquires to the trustee’s attentionCourt Activities:Prepare Report to Court, court application package,



and schedule court hearings if neededMonitor payments and other proposal terms where applicableSend out default notice if neededAttend to interim dividendsUpon completion of all terms of the proposal, prepare the Certificate of Full Performance for trustee’s executionReview assets file folder in the ordinary bankruptcy and make sure all assets have been disposed properlyAssist in various close-out matters; Trustee’s discharge andtaxationCoordinate all court hearings among Trustees and lawyers within different jurisdictionsDeal with various inquires from the debtors and creditorsDeal with various estate banking requestsAssist in various close-out matters when neededOther duties as may be requiredFile Close Out Activities:Review tax filings, creditor claims (including disallowances), and bankruptcy assets to ensure compliance and proper administrationPrepare key financial and closing documents, including Trustee’s Final Statement of Receipts & Disbursements, billings, and supporting docketsCoordinate final meetings, filings, and submissions to the Official Receiver, OSB, and Court (including affidavits and reports)Manage court-related processes such as taxation, discharge applications, and responses to regulatory or court inquiriesOther duties incidental to the file administrationAdditional Tasks:Support additional administrative duties such as preparation of interim distributions, trustee discharges, late payment follow-up and other activities as requiredQualificationsPrevious insolvency experience, particularly in dealing with Division 1 proposals and Ordinary bankruptcy administration is an assetA background in accounting, Paralegal, law clerk,



business commerce, or a related field will be advantageous.Proven background dealing with attention to detail and multi-taskingOrganizational skills to organize workloadGood oral and written communication skills to communicate effectively with staff, inspectors, creditors and OSBAnalytical skills to analyse account activitiesInterpersonal skills to deal with team members and staffExcellent computer skills and proficient with Microsoft Office (Outlook, Excel, Word)Familiar with insolvency software Ascend and other software such as ProSystem is an asset but not required.Position:Insolvency Administrator- Division 1 & Ordinary Proposals AdministratorLocation: Hybrid/North YorkIndustry: Financial ServicesEmployment Type: Permanent/FulltimeSalary: $50,000-$55,000Benefits, and PerksFlexible work modelVacation and wellness daysExtended health and dental coverage, plus virtual doctor servicesEmployee Assistance Program and mental health resourcesCompany-matching retirement savings planFinancial support for professional developmentAnnual company eventsExclusive access to perks and discountsOur Culture at FarberAt Farber,we’rein the business of helping people — and that includes our own team.We’recommitted tocreatingan inclusive, diverse, andequitableworkplace that celebrates our people and their unique experiences.Our dedicated culture committee organizes events, recognition programs, and celebrations throughout the year to foster connection and belonging.Farber encourages applications from all qualified candidates who represent the diversity of Canada.If you require any accommodations throughout the recruitment process—including alternate interview formats, accessible materials, or any other accommodations,we encourage you to contact us [email protected] .We thank all candidates for submitting their resume, however, only those selected for an interview will be contacted.#J-18808-Ljbffr

📌 Full-Time Insolvency Administrator Role (Winnipeg)
🏢 Farber
📍 Winnipeg