Senior Collections Analyst

Posted 4 days ago

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About the role

  • Senior Collections Analyst recovering disputed debts and managing insolvency files for Tarion, Ontario’s not-for-profit new home warranty organization. Negotiating settlements and supporting legal collections.

Responsibilities

  • Investigate and analyze debtor files, including builders’ and guarantors’ identities, indemnities and financial position
  • Gather and analyze supporting documentation for disputed debt claims
  • Analyze and monitor financially distressed builders’ files, including bankruptcy filings, CCAA proposals, statements of affairs and personal net worth statements
  • Liaise with external trustees, receivers and legal counsel
  • Negotiate and recommend debt settlements
  • Respond to debtor and legal representative inquiries regarding invoices, account balances and collection matters
  • Monitor collection timelines and limitation periods through collection notices and regular follow-up
  • Review security deposit positions and prepare drawdown instructions for financial institutions
  • Prepare and recommend files for legal action when negotiations fail or settlement agreements are repudiated
  • Provide monthly collectability assessments on larger collection accounts
  • Maintain accurate collection activity records in Workday
  • Analyze system issues and conduct testing to validate solutions
  • Provide guidance and support to the Collection team on collection administration

Requirements

  • Community College Diploma/Certificate or equivalent in Administration or Finance
  • 6-10 years’ experience in credit and collections
  • Strong knowledge of Bankruptcy & Insolvency Act
  • Knowledge of business and contract law, letters of credit, bonds and guarantees
  • Proven negotiation skills
  • Basic understanding of financial concepts and basic accounting knowledge
  • Working knowledge of Microsoft Word and Excel
  • Small claims court experience is an asset
  • Knowledge of the Ontario New Home Warranties Plan Act is desirable
  • All remote work must be completed from your home office within the province of Ontario

Benefits

  • Competitive compensation program
  • Opportunities for learning and development
  • Employee discount program
  • Access to wellness programs
  • Employee Assistance Program tools and online resources to support well-being
  • Flexible work schedule
  • Hybrid work model

Job title

Job type

Full Time

Experience level

Senior

Salary

CA$67,520 - CA$101,300 per year

Degree requirement

Associate's Degree

Location requirements

HybridTorontoCanada

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