Senior Consultant, Insolvency Trust Administrator

Toronto, ON
$58,000-96,000 per year
Permanent
Full-time

14 days ago

Job Type: Permanent
Work Model: Hybrid
Reference code: 132677
Primary Location: Toronto, ON
All Available Locations: Toronto, ONOur PurposeAt Deloitte, our Purpose is to make an impact that matters. We exist to inspire and help our people, organizations, communities, and countries to thrive by building a better future. Our work underpins a prosperous society where people can find meaning and opportunity. It builds consumer and business confidence, empowers organizations to find imaginative ways of deploying capital, enables fair, trusted, and functioning social and economic institutions, and allows our friends, families, and communities to enjoy the quality of life that comes with a sustainable future. And as the largest 100% Canadian-owned and operated professional services firm in our country, we are proud to work alongside our clients to make a positive impact for all Canadians.By living our Purpose, we will make an impact that matters.

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--What will your typical day look like?We are seeking an experienced Insolvency Trust Administrator to join our Restructuring & Insolvency practice. This role is central to the administration of trust bank accounts and insolvency estates, ensuring compliance with the Bankruptcy and Insolvency Act (BIA), Office of the Superintendent of Bankruptcy (OSB) requirements, and internal firm policies.
You will work closely with Licensed Insolvency Trustees, Partners, and estate teams, acting as a key operational and compliance resource across bankruptcies, proposals, receiverships, and related appointments.About the teamWhy Join Us

Work directly with senior insolvency professionals on complex files
Exposure to a wide range of insolvency and restructuring mandates
Stable, specialized role in a regulated professional environment
Competitive compensation and benefits
Long term career path within insolvency administration

Key ResponsibilitiesTrust Banking & Cash Administration

Open and close estate trust bank accounts upon authorization from the Trustee/Partner
Liaise directly with financial institutions (e.g., RBC, TD, BMO) regarding account setup, signing officers, interest, and bank charges
Maintain and update signing authority in accordance with firm policy and by laws
Set up and maintain trust accounts within Ascend and cheque writing systems
Prepare and process:
Deposits (including documentation and backup retention)
Cheques, drafts, and wire transfers
Ensure all trust activity complies with internal policies and OSB requirements

Estate & Insolvency Administration

Maintain accurate estate records in Ascend
Prepare and review:
Receipts & Disbursements Reports
General Ledger reports
Assist with OSB filings, including e filing and document retention
Support Trustee fee remittances and OSB reporting deadlines
Coordinate banking access and online services for estate accounts

Disbursements, Investments & Wires

Review invoices and prepare disbursement requisitions
Prepare cheques and wire transfers for signing in compliance with signing authority rules
Set up and track estate investments, including maturity and purchase documentation
Maintain complete audit ready backup for all transactions

Compliance, Reporting & Audit Support

Maintain permanent estate files (OSB reports, taxation, discharges)
Assist with interim and external audits
Track open OSB estates and reconcile to Ascend
Support annual OSB banking and CDIC reporting requirements

Enough about us, let’s talk about youQualifications & Experience

2–5+ years of experience in insolvency administration, trust administration, or bankruptcy/receivership support
Strong working knowledge of:
Bankruptcy and Insolvency Act (BIA)
OSB filing and compliance requirements
Hands on experience with Ascend (strongly preferred)
Proven experience administering trust bank accounts
High attention to detail and strong organizational skills
Ability to manage multiple estates and competing deadlines
Strong written and verbal communication skills
Proficiency in Microsoft Office (Excel, Word, Outlook)

Preferred Assets

Experience supporting audits or OSB reviews
Prior work in a professional services, accounting, or LIT firm
Familiarity with wire processing and investment administration
CAIRP coursework or willingness to pursue professional development

Total RewardsThe salary range for this position is $58,000 - $96,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. On top of our regular paid vacation days, some examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, firm-wide closures known as "Deloitte Days", dedicated days of for learning (known as Development and Innovation Days), flexible work arrangements and a hybrid work structure.Our promise to our people: Deloitte is where potential comes to life.Be yourself, and more.We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.You shape how we make impact.Diverse perspectives and life experiences make us better. Whoever you are and wherever you’re from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute.Be the leader you want to beSome guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.Have as many careers as you want.We are uniquely able to offer you new challenges and roles – and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors.The next step is yoursAt Deloitte, we are all about doing business inclusively – that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our , and the .We encourage you to connect with us at if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations) or for any questions relating to careers for Indigenous peoples at Deloitte (First Nations, Inuit, Métis).When you apply, we will review your application using Deloitte's Global Talent Standards to ensure a consistent recruitment experience. Our recruitment advisors and hiring teams will utilize human screening combined with AI technology to help identify the skills and qualities that matter most to our business, while safeguarding your privacy and using AI responsibly.Deloitte Canada has 20 offices with representation across most of the country. We acknowledge that Deloitte offices stand on traditional, treaty, and unceded territories in what is now known as Canada. We recognize that Indigenous Peoples have been the caretakers of this land since time immemorial, nurturing its resources and preserving its natural beauty. We acknowledge this land is still home to many First Nations, Inuit, and Métis Peoples, who continue to maintain their deep connection to the land and its sacred teachings. We humbly acknowledge that we are all Treaty people, and we commit to fostering a relationship of respect, collaboration, and stewardship with Indigenous communities in our shared goal of reconciliation and environmental sustainability.

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