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Banking Administrator Jobs

Company

Solvere Services Ltd

Address Toronto, Ontario, Canada
Employment type FULL_TIME
Salary
Category Financial Services
Expires 2024-01-07
Posted at 9 months ago
Job Description

Solvere Services Ltd. has been providing specialized financial services and are multifunctional management service providers for Insolvency.


If you want to roll up your sleeves and take ownership of this opportunity, apply today! We are searching for a highly qualified, detail-oriented, and knowledgeable Payment Coordinator.


KEY RESPONSIBILITIES


  • Keeping clients informed to strive for successful completion of the arrangement and handling any objections accordingly.
  • Responsible for the entire banking function, including the collection of funds, distribution of payments and reconciliation of Estate accounts on a weekly and monthly basis.
  • Liaising with all areas of the business to coordinate and update any necessary changes to the banking procedure.
  • Monitoring cases for Deemed Annulment, issuing the appropriate forms, discussing next steps with the client and either reviving or closing the case.
  • Monitoring cases near completion and issuing Certificate’s of Full Performance, preparing the Final Statements of Receipts & Disbursements, and ensuring the case is closed in a timely manner.
  • Any other duties as required.
  • Ensuring all transactions are recorded to an Audit level standard and comply with the Office of the Superintendent of Bankruptcy’s regulations.
  • Creating and issuing interim dividend distributions, ensuring all claims have been reviewed and are inputted correctly, the preparation of the Statement of Receipts & Disbursements for trustee review the mailing and reconciliation of dividend cheques.
  • Providing reports to the Finance department regarding arrears, failed cases, and initial payments.
  • Preparing monthly fee distributions and issuing cheques accordingly.
  • Liaising with creditors regarding uncashed dividend cheques.
  • Responding to any banking related queries from the clients including but not limited to upcoming payment issues, dividend return to creditors, outstanding balance etc.
  • Monitoring the arrears to ensure they are kept to a minimum and resolved in a timely manner.


Qualifications

Skills required to fulfil the role:

  • Strong written and spoke English.
  • Good customer service and objection handling skills
  • Proficiency in Office 365, particularly Excel.
  • Ability to work under pressure in a calm, professional and positive manner
  • Attention to detail is essential
  • Understand the importance of confidentiality with access to sensitive information
  • Ability to work on your own initiative and within a team
  • Ability to work in a fast-paced environment and multitask


We are an equal opportunity employer prepared to accommodate those with disabilities