Current Vacancies
Manager
(Insolvency/Restructuring) - BERMUDA
About the role
A top firm in Bermuda is seeking an insolvency manager.
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We are keen to speak with insolvency managers or experienced assistant managers from common law jurisdictions such as the UK, Australia and Hong Kong who have formal corporate insolvency experience.
The work in Bermuda is interesting and a mix of complex, cross-border formal insolvency & liquidations work (often contentious), alongside also getting involved in IBRs and some corporate advisory work. It provides a unique opportunity to gain in-depth insolvency experience in the financial services sector through dealing with reinsurance/insurance companies, captive insurance companies, hedge funds, private equity/debt funds and international business companies.
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Typical responsibilities:
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Manage voluntary and contentious liquidations, restructuring and some forensics assignments.
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Case Manager with full responsibility for day-to-day management of assigned entities.
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Liaising with lawyers, fund managers, insurance managers, directors, registered agents and regulatory bodies.
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Preparation and on-time completion of statutory & regulatory documents.
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Responsible for billing and fee collection.
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Assisting in the collection and realisation of assets.
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Supervise and train assigned junior staff.
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Responsible for other restructuring and advisory engagements.
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Involvement in business development activities.
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The requirements
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An internationally recognized professional qualification (ACA, CA, ACCA, CPA, CPI or JIEB).
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At least 4 years of corporate insolvency experience.
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Preferred:
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Qualification in a common law jurisdiction (e.g. U.K., Canada, Australia).
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Financial services or prior offshore insolvency experience (not a prerequisite).
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Compensation and benefits
A competitive income tax free* remuneration package (salary approximately US$100,000+) that is commensurate with qualifications and experience, along with a relocation and work permit package.
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*There is no income tax in Bermuda only a small payroll tax.
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Confidentiality when applying
We act with absolute confidentiality and we completely understand that your current employer might not be aware that you're exploring the job market. When you apply, your application is kept completely confidential from both your current employer and also the hiring company. If we feel you might be a good fit, we'll arrange a call with you to chat through the opportunity in more depth. Only after the call will we request permission to share your CV with the hiring company.
If you have any questions or want to know more about the role or the Bermuda, please reach out and we will be more than happy to help:
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contact@islandparadiserecruitment.co.uk
Tel: +44(0)330 043 4942
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