Remarketing Auction Representative

Posted 3 Days Ago
Be an Early Applicant
2 Locations
In-Office
Senior level
Automotive • Sales • Financial Services
The Role
The role involves managing repossessed vehicle inventory, vendor relationships, and maximizing net recovery while ensuring compliance and effective vehicle preparation for auction.
Summary Generated by Built In

Regional Asset Manager
Birmingham, AL | Remote


POSITION SUMMARY:

This position is responsible for managing repossessed vehicle inventory and associated auction vendor relationships, and is the primary point of contact for vehicle assessment and reconditioning, sale preparation, vehicle valuation and sale decisions.  The primary objective of this position is to maximize net recovery through the management of auction vendors and vehicle inventory, facilitating the timely, effective, and compliant preparation and sale of repossessed inventory, while avoiding unnecessary expense or delay, and ensuring adherence to company requirements by service providers.

This position works closely with auction management and staff, as well as various functions within the Remarketing Department and other internal departments as both service provider and service recipient. 

The successful candidate must be self-directed in work prioritization, be able to work seamlessly between various databases, and demonstrate sound decision-making across a broad scope of responsibilities in a fast-paced environment.  This candidate must understand how their performance impacts other functions and the company, overall.  All duties must be performed in accordance with Westlake policies and procedures, as well as any applicable state and federal regulations.


ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Actively monitor and manage vendor performance, including adherence to company guidelines, and provide corrective actions / recommendations
  • Manage regional inventory, including monitoring transport status, reviewing certification inspections, vehicle grading, reconditioning estimates, and sale preparation, and approving sale bids
  • Conduct on-site reviews of auction procedures, inventory prep, and sale effectiveness
  • Organize regular vendor status meetings with auction management and relevant staff, reviewing scorecards and other reporting, and coordinate follow-up on all performance deficiencies
  • Negotiate arbitration claims, as necessary, with consultation of senior management
  • Identify and execute market arbitrage opportunities
  • Audit auction expenses and announcements
  • Maintain and report travel-related expenses in accordance with company policies

KNOWLEDGE, SKILL & LICENSES:

  • Experience with vehicle valuation, reconditioning assessment, and wholesale remarketing channels
  • Understanding of macro and region-level social/economic activity, seasonality, and key automotive trends as it relates to used vehicle pricing
  • Ability to work independently with time constraints and competing deadlines
  • Detail-oriented with strong organizational skills
  • Effective and professional written and verbal communication skills
  • Flexibility in job functionality and ability to assimilate procedural changes
  • Good PC skills, ability to work with multiple platforms
  • Familiarity with NAAA auction policies highly desirable
  • Experience in frame assessment or condition report writing preferred

EDUCATION AND/OR EXPERIENCE:

  • Bachelor’s Degree or college equivalent experience preferred
  • 5 years of related automotive/remarketing experience required

 

MACHINES, OFFICE EQUIPMENT & SOFTWARE:

  • Daybreak, AutoIMS, RDN, Manheim Market Report, CSAToday
  • Web navigation and/or web-based applications
  • Personal computer: Microsoft Word, Excel, and Outlook
  • Copier, Faxing & other general office supplies

BENEFITS

  • Medical, Dental, and Vision benefits
  • Life Insurance, Flexible Spending Account
  • 401K matching
  • Employee Stock Ownership Program in a $14.2 Billion Company, plus company matching
  • Wellness Program, Daily Team Exercises
  • Westlake University, Certification Programs
  • Career Path Opportunities
  • Discounts on Parks, Museums, Movie Tickets, and Attractions
  • AT&T Wireless Discounts
  • Employee Loan Assistance
  • Paid Vacations Days
  • Paid Sick days
  • Paid holidays
  • Rental Car Discounts
  • Dell Member Purchase Program
  • UKG Wallet – pay advance

Acknowledgement

We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.

We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative

Top Skills

Autoims
Csatoday
Daybreak
Excel
Manheim Market Report
Microsoft Word
Outlook
Rdn
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
HQ: Los Angeles, CA
37 Employees

What We Do

Headquartered in Los Angeles, California, the Hankey Group comprises eight operating companies specializing primarily in the automotive, finance, technology, real estate, and insurance industries. Beginning in 1972, the Hankey family acquired a 100% interest in the Midway Ford dealership, and guided by the focused vision and unparalleled leadership of its principal, Mr. Don Hankey, the group has undergone a remarkable transformation over the past 50 years.
Our strong leadership has been paired with unrivaled execution. With over 5,000 employees, and approximately 2,000 residing in Southern California, the Hankey Group has evolved by promoting personal development, employee growth, and retention within the organization.

Similar Jobs

Hankey Group Logo Hankey Group

Remarketing Auction Representative

Automotive • Sales • Financial Services
In-Office
2 Locations
37 Employees

Hankey Group Logo Hankey Group

Remarketing Auction Representative

Automotive • Sales • Financial Services
In-Office
Westlake, OH, USA
37 Employees
88K-92K Annually

Hankey Group Logo Hankey Group

Remarketing Auction Representative

Automotive • Sales • Financial Services
In-Office
2 Locations
37 Employees

Hankey Group Logo Hankey Group

Remarketing Auction Representative

Automotive • Sales • Financial Services
In-Office
Westlake, OH, USA
37 Employees

Similar Companies Hiring

Rain Thumbnail
Web3 • Payments • Infrastructure as a Service (IaaS) • Fintech • Financial Services • Cryptocurrency • Blockchain
New York, NY
80 Employees
Granted Thumbnail
Mobile • Insurance • Healthtech • Financial Services • Artificial Intelligence
New York, New York
23 Employees
Fairly Even Thumbnail
Software • Sales • Robotics • Other • Hospitality • Hardware
New York, NY

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account