Remarketing Associate (Auctions)

Posted 7 Days Ago
Be an Early Applicant
Hiring Remotely in USA
Remote
1-3 Years Experience
Artificial Intelligence • Big Data • Machine Learning • Analytics • Financial Services
The Role
The Remarketing Associate at Lendbuzz is tasked with managing the vehicle remarketing process, ensuring timely invoicing and payment, maintaining oversight of sold vehicles, and collaborating with auction personnel and internal teams to optimize inventory management.
Summary Generated by Built In

At Lendbuzz, we believe financial opportunity should be more personalized and fair. We develop innovative technologies that provide underserved and overlooked borrowers with better access to credit. From our employees to our dealers, partners, and borrowers, we’ve built a company and a culture around a resolute belief in the promise and power of diversity. We value independent and critical thinking.


Responsible for Lendbuzz's vehicle remarketing processes with auction partners that support the overall corporate goals of maximizing proceeds, reducing inventory turn time, and residual value loss mitigation. This includes, but is not limited to, inventory and transportation oversight, inspection process oversight, and pre-sale prep and post-sale reporting. This role is fully remote. This role reports to our Director of Remarketing.

Key Responsibilities:

  • Monitor the invoicing process related to repossession and remarketing expenses 
  • Monitor sale proceeds to ensure payments are remitted on time and processed to the applicable loan 
  • Maintain oversight of sold vehicles and generate post sale letters on applicable accounts
  • Review accounts and update statuses based on the lifecycle of the loan
  • Foster and maintain relationships with key auction personnel regarding inventory and sales activity
  • Partner with internal teams to reduce inventory life cycle

Requirements:

  • One plus years' experience with auto collections 
  • Experience in an automotive dealership environment, wholesaler, or remarketing experience preferred
  • Outstanding and confident oral and written communication skills
  • Commitment to excellence
  • Strong organizational skills
  • Must possess strong time management and problem solving skills 

We believe:


Diversity is a competitive advantage. We celebrate our differences, and are better when we have a variety of experiences, viewpoints, and backgrounds.


Compassion is a strength. We care about our customers and look to build long-term relationships with them.


Simplicity is a key feature. We work hard to make our forms and processes as painless and intuitive as possible.


Honesty and transparency are non negotiable. We incorporate these traits in all of our interactions.


Financial opportunity belongs to everyone. We work every day to improve lives by extending this opportunity.


If you believe these things too then we would love to hear from you!

The Company
HQ: Boston, MA
148 Employees
On-site Workplace
Year Founded: 2018

What We Do

Lendbuzz is an AI-based auto finance platform that helps consumers with thin or no credit history obtain financing when purchasing a car. Powered by machine learning and proprietary algorithms, Lendbuzz can assess the creditworthiness of consumers with limited credit history—a group underserved by traditional banks. Through their auto dealership partners, Lendbuzz offers consumers attractive financing solutions while opening up opportunities for those dealerships to serve a more diversified client base. Lendbuzz is headquartered in Boston, Massachusetts and was founded in 2015.

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