Remarketing Auction Representative

Westlake Services, LLC; Dallas (TX); Remote; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Regional Asset Manager to oversee repossessed vehicle inventory and manage vendor relationships. This role is pivotal in maximizing net recovery through effective auction vendor management and ensuring compliance with company policies. The ideal candidate will thrive in a fast-paced environment, demonstrating strong decision-making and organizational skills. This position offers the opportunity to work closely with various internal departments and contribute significantly to the company's success. If you're ready to make an impact in the automotive remarketing sector, this role is perfect for you.

Benefits

Medical, Dental, and Vision benefits

Life Insurance

Flexible Spending Account

401K matching

Employee Stock Ownership Program

Wellness Program

Certification Programs

Discounts on Parks and Attractions

Employee Loan Assistance

Paid Vacation Days

Qualifications

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

Responsibilities

• Manage repossessed vehicle inventory and vendor relationships.
• Conduct on-site reviews and negotiate arbitration claims.
• Organize vendor status meetings and audit auction expenses.

Skills

Vehicle Valuation

Reconditioning Assessment

Negotiation Skills

Organizational Skills

Effective Communication

PC Skills

Detail-oriented

Education

Bachelor’s Degree

5 years of automotive experience

Tools

Daybreak

AutoIMS

RDN

Manheim Market Report

CSAToday

Microsoft Word

Microsoft Excel

Microsoft Outlook

Job description

Westlake Financial | Home Office
Dallas, TX, USA

Description

Regional Asset Manager
Dallas, TX | 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
• 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