Licensed Insolvency Trustee

Company Information:

Phong Su & Associates Inc., LIT, was established in 2005. We are actively growing our practice and are looking for qualified candidates that want to grow within the firm. We are looking for goal driven and focused candidates that have a similar mindset and are looking to grow in their respected fields.


We are currently looking for a Licensed Insolvency Trustee(s) (LIT) to join our team at our planned Edmonton, Ottawa and London offices and existing Mississauga office.


As the Licensed Insolvency Trustee, you will have three primary responsibilities:

  • Focus on developing and maintain relationships with debtors and business partners
  • Accommodate debtors as needed based on their hours and availability to complete remote assessments
  • As the practice develops, you will be supporting, supervising and training other professionals and staff members

As a LIT your duties will also include:

  • Perform initial meetings and assessments
  • Be available for rotating Saturday work days
  • Accept new estate filings under your LIT license and chair FMOC as needed
  • Manage your schedule effectively to complete all daily tasks
  • Attend Court as needed

Education & Qualifications Required:

  • 2 years minimum of experience in an insolvency practice required (not necessarily post-licensing experience)
  • Self-starter, able to work well independently and in a team setting
  • Must meet weekly filing targets
  • Strong financial analytical skills
  • Excellent communication skills, both verbal and written
  • Detail-oriented, able to work well in a fast-paced environment
  • Knowledge of Ascend and proficiency with computers would be an asset
  • Other professional designation(s) would be an asset

Additional Requirements:

  • Valid driver license and a reliable and insured vehicle
  • Willing to travel to satellite offices
  • Willing to accommodate clients for evening and weekend appointments as necessary
  • Additional hours of work may be needed during particularly busy periods


  • Competitive base salary, plus incentive


Interested candidates should submit their application to Stan Mikhailuk at [email protected]