What are the responsibilities and job description for the Lien Search Specialist position at RB Global Inc.?
Job Description
Ritchie Bros. is an equal opportunity employer and ensures nondiscrimination in all activities in accordance with all applicable laws. This position is open to all qualified applicants who are legally entitled to work in the country in which this job is located. Candidate selection is made by Talent Acquisition. Only electronic applications can be accepted.
- The Search Specialist works with Sales, Settlements (Seller Disbursement), and Legal (as needed) to ensure due diligence is done to identify and address any encumbrances. A Search Administrator has the authority to hold creditor and/or seller payment to make sure all requirements have been met to deliver equipment free and clear to the buyer.
- Review, verify and ensure accuracy of all contracts, legal documentation and search results in accordance with company policy, government regulations and SOX compliance.
- Notify relevant creditors and actively participate in the negotiation and mediation between owners and creditors to arrive at a mutually agreeable settlement to allow the successful sale of the property.
- Mitigates corporate risk by completing purchase and guarantee agreements including advancing funds and forwarding reports to required management for review and approval
- Proactively and effectively interact with the Sales and Operations teams, consignors and creditors and internal Settlements and Review teams.
- Mitigate corporate risk by advising and mentoring sales and operations teams with assistance and communication from the legal Departments
- Reviews and processes post-sale reports to ensure timely consignor payouts
- Review of all contracts and lien search results. Investigate and resolve all lien related issues independently and/or in collaboration with Field teams (Sales, Sales Support & Operations). Collaborate with Legal as needed.
- Contact lienholders to obtain payouts and lien release documents.
- Collaborate with internal stakeholders and departments to meet auction deadlines
- Performs other duties as assigned.
- 2 years’ experience in contract, legal, administrative, or banking related roles
- Negotiating and problem resolution.
- Previous experience in high volume related roles.
- Ability to work independently and collaboratively with other team members.
- Excellent analytical, interpersonal, communication and organizational skills.
- Proficient with Microsoft Office Suite, Internet Search Engines and Cloud-based applications.
- Flexibility and willingness to work varied hours and occasional overtime hours.
Ritchie Bros. is an equal opportunity employer and ensures nondiscrimination in all activities in accordance with all applicable laws. This position is open to all qualified applicants who are legally entitled to work in the country in which this job is located. Candidate selection is made by Talent Acquisition. Only electronic applications can be accepted.
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