Senior Credit and Asset Recovery Specialist
1 week ago
Kohl & Frisch Ltd is a Canadian-owned wholesale distributor in the healthcare industry, founded in 1916. We are known for our solid reputation and national presence.
Role Overview
This position is responsible for coordinating, maintaining, and evaluating key legal documents related to Security Agreements and PPSA Registrations. Reporting to the Credit and Collections Supervisor, you will play a critical role in ensuring compliance and mitigating risk.
Main Responsibilities
- Process credit applications and binding legal documents with accuracy, consistency, and thoroughness.
- Mitigate risk by carefully examining signatories, confirming ownership, and director positions, as well as corporate profile details.
- Initialize and perfect K&F's security by registering legal documents, including the General Security Agreement (GSA) and Purchase Money Security Instrument (PMSI).
- Perform Personal Property Security Act (PPSA) searches to confirm the security position held relative to financial institutions, competitive entities, and other trade creditors.
- Proactively monitor pending expiry of registered security documents to ensure timely renewals.
- Liaise with sales and customers to resolve documentation deficiencies, obtain required credit and legal information, and communicate credit decisions or application status.
- Accountable for the overall integrity and day-to-day administration and maintenance of K&F's Customer Master File.
- Collect balances due and understand unique issues and sensitivities relative to assigned accounts.
Requirements
- Confidence and tact when dealing with business owners and sales teams.
- Intermediate skills in MS Excel and Word.
- A minimum of 5 years of credit and collections experience in a high-volume department.
- Expertise and legal knowledge relative to Security Agreements and PPSA registrations.
- Proficient reconciliation and analytical skills with accuracy and high attention to detail.
- Strong written and verbal communication skills.
- Proficient Excel skills and MS Office.
Estimated Salary Range
$70,000 - $90,000 per year, depending on location and experience.
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