About FRP
At FRP, we are a leading national business advisory firm based in the UK. With over 830 team members, including 108 partners, we specialise in Corporate Finance, Debt Advisory, Forensic Services, Financial Advisory and Restructuring Advisory. Operating from 35 offices across the UK, Isle of Man and Cyprus, we are dedicated to helping clients navigate complex and difficult situations to create, preserve, and recover value.
Our approach is known for being honest, clear, and considered. We provide strategic solutions that cater to a broad range of businesses, from multinational organisations to small enterprises. Our commitment is to deliver expert advice and support, ensuring our clients can make informed decisions and achieve their goals.
Role overview
As a Trainee in the Formal Restructuring team, you will be responsible for supporting your colleagues’ case portfolio. Your primary goal is to ensure all statutory obligations are met and the Insolvency Practitioner's (IP) duties are upheld to maximise returns for creditors. You will support on caseloads efficiently and effectively, managing your workload independently and meeting critical deadlines, which requires excellent organisational skills. Maintaining a commercial perspective is essential to uphold the firm's reputation and standards. Collaboration with managers, IPs, and other team members is crucial to ensure cases progress smoothly and close in a timely manner.
As you develop and gain more experience, you will begin to start managing your own cases and will be supported on these cases by more senior colleagues.
Key Responsibilities
The duties and responsibilities will vary case to case but are likely to include:
• Issuing statutory documentation in accordance with case diaries
• Communicating with creditors to address any queries
• Preparation of reports, in line with insolvency legislation and best practice (training will be given)
• Managing own workload to ensure deadlines are met whilst ensuring that work is completed with accuracy and to a high standard
• Taking responsibility and proactive management of ongoing compliance of cases
• Provide ongoing support and assistance to other members of the team
• Attending site visits as and when required
• Developing and maintaining strong working relationships with accountants/agents/banks/lawyers/financial institutions