Bankruptcy trustee jobs in Finland
Bankruptcy trustees administer a client's bankruptcy case, investigate legal documentation for fraud possibilities and manage the money received from the sale of non-exempt property so as to distribute it to the owed creditors.
Bankruptcy trustee - Which skills are essential?
Collect information concerning the previous transactions involving the property, such as the prices at which the property had been previously sold and the costs that went into renovations and repairs, in order to obtain a clear image of the property's value.
Analyse the bankruptcy case in order to guide guide and advise clients on the formalities, procedures and the actions that can ameliorate the losses.
Examine and analyse the loans provided to organisations and individuals through different forms of credit such as overdraft protection, export packing credit, term loan, and purchase of commercial bills.
The techniques used to identify fraudulous activities.
The different classifications of debt such as public and publicly guaranteed debt, private non-guaranteed credits, central bank deposits, etc.
Investigate and look for information on the creditworthiness of companies and corporations, provided by credit rating agencies in order to determine the likelihood of default by the debtor.
Gather information on securities, market conditions, governmental regulations and the financial situation, goals and needs of clients or companies.
Read and interpret legal documents and proofs about happenings in relation with the legal case.
The legal rules regulating the incapacity to pay debts when they fall due.
Use research techniques and tracing strategies to identify overdue payment arrangements and address them
The processes needed to obtain goods or services before payment and when a sum of money is owed or overdue.
Loans which are intended for business purposes and which can either be secured or unsecured depending on whether a collatoral is involved. The different types of business loans such as bank loans, mezzanine finance, asset-based finance, and invoice finance.
Administer currencies, financial exchange activities, deposits as well as company and voucher payments. Prepare and manage guest accounts and take payments by cash, credit card and debit card.
Bankruptcy trustee - Which skills are useful but not essential?
Observe, track and analyse financial transactions made in companies or in banks. Determine the validity of the transaction and check for suspicious or high-risk transactions in order to avoid mismanagement.
preserve a list with the debt records of clients and update it regularly
Protect the interests and needs of a client by taking necessary actions, and researching all possibilities, to ensure that the client obtains their favoured outcome.
The broad and continuously growing banking activities and financial products managed by banks ranging from personal banking, corporate banking, investment banking, private banking, up to insurance, foreign exchange trading, commodity trading, trading in equities, futures and options trading.
The set of financial records disclosing the financial position of a company at the end of a set period or of the accounting year. The financial statements consisting of five parts which are the statement of financial position, the statement of comprehensive income, the statement of changes in equity (SOCE), the statement of cash flows and notes.
Manage the property owned by a debtor in the case of bankruptcy and exert the power of disposition if necessary.
Collate all the financial transactions done in the daily operations of a business and record them in their respective accounts.
Communicate with professionals in the field of banking in order to obtain information on a specific financial case or project for personal or business purposes, or on behalf of a client.
The theory and practices around the management of liquidity in a company with the aim of facilitating meeting obligations with thirds parties without compromising the smooth functioning of the company nor incurring in substantial losses.
Examine and evaluate land and buildings in order to make valuations about their price.
The methods and tools for analysis of an investment compared to its potential return. Identification and calculation of profitability ratio and financial indicators in relation to associated risks to guide decision on investment.
Explain technical details to non-technical customers, stakeholders, or any other interested parties in a clear and concise manner.
Analyse the credit files of an individual, such as credit reports which outlines a person's credit history, in order to assess their creditworthiness and all the risks that would be involved in granting a person a loan.
The rules of applying mathematical and statistical techniques to determine potential or existing risks in various industries, such as finance or insurance.
Give the customer or client information about financial products, the financial market, insurances, loans or other types of financial data.
Handle disputes between individuals or organisations, either public or corporate, which deal with financial matters, accounts, and taxation.