Insolvency Expert - Burlington

Mitsubishi HC Capital Canada and its parent company, Mitsubishi HC Capital America, form the largest non-captive, non-bank commercial finance company in North America constantly growing and transforming to contribute to a prosperous and sustainable future, creating social value t ...

Job description

Mitsubishi HC Capital Canada and its parent company, Mitsubishi HC Capital America, form the largest non-captive, non-bank commercial finance company in North America constantly growing and transforming to contribute to a prosperous and sustainable future, creating social value through optimizing the potential of assets.

Joining Mitsubishi HC Capital Canada means becoming an integral part of an experienced team offering flexible commercial financing solutions adapted to the needs of Canadian businesses.

We stand out thanks to a collaborative culture focused on the well-being of our workforce, accountability and career development, open-mindedness, inclusiveness as well as positive leadership in our daily activities

In addition, a sales team specializing in sustainable development and a community action committee allow us to make a significant social and environmental difference.

About

We are seeking an experienced Legal & Debt Resolution Specialist -Insolvency Expert to join our team.

This role is pivotal in safeguarding our leasing portfolio by managing severely delinquent accounts, negotiating with debtors, and navigating the complexities of commercial bankruptcy and equipment repossession.

This role requires advanced skills in collection strategies, legal compliance, and financial analysis

Responsabilities

Monitor credit performance and early warning indicators for borrowers toidentifyemerging risks.
Collaborate with trustees, creditors, and external legal counsel to protect company interests.
Evaluate financial viability of clients in distressin order tonegotiate for the best possible outcome.

Determine and recommend various recovery strategies which may include restructures, payment plans, transfer of equity, legal action and write offs.

Negotiate settlements with clients to maximize recovery.
Develop and execute asset recovery strategies for leased equipment.
Ensure compliance with Canadian insolvency legislation (Bankruptcy and Insolvency Act, Companies' Creditors Arrangement Act).
Provide expert guidance to senior management on insolvency trends and portfolio exposure.
Prepare reports on insolvency cases, recovery outcomes, and financial impact.
Full compliance with all regulations and laws.
Interface with collections, asset management, credit,sales and other departments to determine appropriate action on customer accounts.
Performs other related duties as assigned by management.

Qualifications

The profile we are looking for:
Bachelor's degree in accounting, Finance, Law, or Business Administration or related field
CIRP (Chartered Insolvency and Restructuring Professional) designation (an asset)
At least 5 years experience in litigation management, late-stage collections, or a similar role, preferably in the leasing or financial industry
Specialized courses in insolvency law, restructuring, or corporate finance (asset)
Knowledge of equipment finance lending practices and associated legal processes related to collections, litigation and bankruptcy.
Proficient in Microsoft Office, internet research, and skip tracing.
Bilingual English/French preferred but not mandatory

Competencies

Excellent organizational and time management skills, with the ability to manage multiple tasks simultaneously and prioritize effectively working in a team environment
Proven analytical skills and a history of systematic problem solving and a willingness to bring innovative solutions to restructuring problems
Strong strategic mind.
Results-oriented but detail-minded.
Strong knowledge of Canadian insolvency laws and leasing industry practices.
Excellent negotiation, analytical, and communication skills.
Able to lead by example and work both independently and with internal departments.
Ability to collect creatively, within the confines of the law.

What We Have To Offer

Permanent full-time position
Hybrid work environment with the possibility of working in the offices of:
Burlington, ON
Laval, QC
Trois-Rivières, QC
Calgary, AB
Vacation and flexible leave as soon as you start with us
Personal spending account
Competitive compensation plan including a bonus program
Group retirement plan including an employer contribution
Complete group insurance program paid in part by the company
Several opportunities for professional growth and access to an online training platform
Wellness program focused on mental, physical, financial and social health
Employee and family assistance program accessible always.
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We would like to thank all applicants in advance. Should you be selected for an interview, you will be contacted directly. Mitsubishi HC Capital Canada is committed to accessibility. Should you require accommodation due to disability, please notify the Human Resources Recruiter.