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Introduction Of MASCO Structure Of Classification Starting Salary Guidelines
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Major Group
2
Professionals
Sub-Major Group
26
Legal Professionals
Minor Group
261
Legal Professionals
Unit Group
2619
Legal Professionals Not Elsewhere Classified
Minor Unit Group
MASCO Code
2619-05
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Bankruptcy Officer
Bankruptcy Officer manages and coordinates legal and administrative processes relating to personal or corporate bankruptcy. The role involves assessing the financial position of debtors, liaising with courts, creditors and other relevant parties, overseeing the administration and distribution of assets to settle outstanding debts, and ensuring compliance with insolvency legislation. They may also facilitate debt restructuring arrangements where appropriate within the statutory framework.
Tasks
Assess the financial position of debtors by reviewing financial documents for insolvency and bankruptcy proceedings.
Initiate and process bankruptcy filings in accordance with insolvency legislation and legal requirements.
Coordinate with courts, legal teams, financial institutions, creditors, and other relevant parties throughout bankruptcy cases.
Facilitate communication among debtors, creditors, and trustees to support case administration and debt settlement processes.
Facilitate debt restructuring arrangements or liquidation processes within the statutory framework.
Attend court proceedings and provide case-related support or information when required.
Prepare and file legal documents, correspondence, and case records accurately.
Prepare reports and maintain records to support regulatory compliance and bankruptcy case administration.
Skills
Basic
Critical thinking and sound judgment in financial decision-making.
Effective verbal and written communication for clear financial reporting.
Organisational skills to manage complex documentation efficiently.
Solid understanding of financial principles and practices.
Strong analytical and problem-solving skills with high attention to detail.
Specific
Ability to facilitate discussions with debtors, creditors, and trustees in bankruptcy matters.
Competency in bankruptcy case administration, compliance monitoring, and related procedures.
Knowledge of liquidation, asset distribution, and debt restructuring procedures within the statutory framework.
Knowledge of Malaysia’s insolvency and bankruptcy laws.
Proficiency in case management, document processing, and Microsoft Office software.
Proficiency in court documentation, case filing, and reporting procedures.
Proficiency in interpreting financial statements and legal documents for bankruptcy cases.
Additional Info
QUALIFICATION
Bachelor’s degree or equivalent
Related Courses
Claimable Course
e-Latih Online Course
Madani TVET Course
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