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Collector

Job Highlights

                            
                            City
                            Toronto

                        
                        Type
                        Direct Hire

                        
                        Salary
                        $65,000

About the Opportunity

Investigate and analyze debtor files including builder and guarantors’ identities, indemnities and state of affairs
Gather support for claims where debt is disputed
Analyze and monitor builders’ files under financial distress by reviewing debtors’ bankruptcy/CCAA proposals/statement of affairs/personal net worth statement as well as interacting with external Trustee, Receivers and/or lawyers
Negotiates and make recommendation on settlements of debts
Provide customer service support to debtors or their legal representatives regarding their enquiries on invoices and debt
Monitor collection timelines and statute-barred limitation through issuance of collection notices and follow up with debtors or their legal representatives until payments are fully made.
Review security deposit position and prepare an instruction to the financial institution for security drawdown.
Prepare and recommend files for legal action to Manager for approval if negotiations fail or settlement agreement repudiated
Provide monthly collectability assessment on larger collection accounts Record collection activities in PeopleSoft FMS
Provide guidance to Collection Coordinator on collection administration

About You

Community College Diploma/Certificate or equivalent in Administration or Finance
3-5 years’ experience in credit/collections
Strong knowledge of Bankruptcy & Insolvency Act
Knowledge of business and contract law, letters of credit, bonds and guarantees
Proven negotiation skills
Basic understanding of financial concepts 3
Small claims court experience is an asset
Knowledge of the Ontario New Home Warranties Plan Act is desirable.
Intermediate Excel
Strong Comms

Salary Range
$65,000/year

How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #404717.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.