Job Description
Job Overview
The Operation Officer role in ensuring the efficient execution of auction processes related to court-ordered asset sales. They handle logistics, compliance, bidder management, and overall auction operations to guarantee transparency, fairness, and legal accuracy in the auction process.
Qualifications / certifications / skillset :
Education & Experience :
- Bachelor's degree in Law, Business Administration, or related fields preferred.
- Prior experience in legal case management, auctions, or asset liquidation is a plus.
Skills & Competencies :
Strong organizational and time-management skills.Knowledge of court procedures, legal documentation, and auction regulations.Excellent communication and negotiation abilities.Familiarity with auction technologies and online bidding platforms.Ability to work under pressure and manage high-stakes transactions.Responsibilities and Deliverables :
Auction Preparation & Compliance :
Coordinate with legal authorities to verify case details and auction eligibility.Ensure all assets are legally documented and comply with court rulings.Prepare auction catalogs, detailing asset descriptions and valuations.Set up auction venues or online bidding platforms, ensuring all technical and administrative requirements are met.Bidder Registration & Management :
Oversee the registration process for bidders, ensuring compliance with court-set eligibility criteria.Verify bidder credentials and handle deposit requirements.Provide guidance on auction rules and legal requirements to participants.Manage communication with interested buyers before, during, and after the auction.Auction Execution & Monitoring :
Supervise live and online auction events, ensuring smooth execution.Record bids accurately and confirm final transactions.Work closely with auctioneers and legal representatives to maintain transparency. Function / DepartmentAddress bidder inquiries and disputes professionally and in accordance with legal standards.Post-Auction Processing & Asset Transfer :
Coordinate asset handover, and necessary legal documentation.Maintain detailed records of auction outcomes for reporting to court authorities.Assist in resolving any post-auction disputes or clarifications.Objectives and key results (OKR) :
Achieve 100% compliance in all auction transactions and documentation
Ensure 0 delays in auction scheduling due to documentation or setup errors
Maintain 100% verification of all assets and bidders before auction day
Key Performance Indicators (KPI) :
100% of auctions completed without compliance issues of scheduling or documentation-related auction delays
100% of assets and bidders fully verified prior to auction 48 hours of average time to process payments and finalize bid acceptance
1 day average time to transfer ownership or release assets of unresolved or escalated post-auction issues