Vice President of Auctions

Machine Tool Bids, LLC; Chicago (IL); On-site; USD 180,000 - 280,000; Full time

Benefits offered by this job

Bonuses

Leadership access

Travel (10+ days/mo)

Job summary

Machine Tool Bids, LLC is seeking a Vice President to lead and expand its auction division from Chicago, IL. This executive will own the strategy, execution, and growth of the auction platform, developing a top-tier liquidation engine that delivers consistent results for buyers and sellers.

This key leadership role targets someone with a proven track record in scaling B2B sales, operations, or auction platforms within the industrial machinery ecosystem.

Qualifications

• 5+ years of leadership experience in auctions, e-commerce, B2B industrial sales, asset liquidation, or related sectors.
• Deep understanding of machine tools, fabrication equipment, and the industrial resale market.
• Strong background in building and scaling sales or operations teams.
• Entrepreneurial mindset, hands-on leadership style, and data-driven decision-making.
• Excellent negotiation, communication, and relationship-building skills.

Responsibilities

• Define and execute the short and long-term strategy for the auction business.
• Collaborate with the CEO and leadership team to grow auction revenue, brand reputation, and market share.
• Oversee the full lifecycle of full facility auction events: from lead qualification and consignment intake to marketing, sale day management, and final asset removal.
• Ensure world-class customer experience for both sellers and buyers, resolving issues promptly and professionally.
• Develop and scale a national network of end-user clients, banks, resellers, and asset-based lenders.
• Double our business in Mexico.
• Spearhead high-touch relationships with dealers and decision-makers across manufacturing sectors.
• Close major accounts and position MTB as the preferred platform for liquidation in North America.
• Generate 1,000,000 of profit in 18 months
• Lead a cross-functional auction team, including sales, operations, project management, and marketing specifically for full facility auctions.
• Mentor direct reports, set clear goals, and foster a high-performance culture rooted in accountability and trust.
• Champion continuous improvement of our auction tech stack, CRM, and operational workflows.
• Work closely with marketing and tech to optimize auction visibility, bidder participation, and conversion rates.

Skills

Leadership

Auctions

B2B sales

Operations scaling

Negotiation

Tools

HubSpot CRM

Auction software

Job description

We are seeking a Vice President to lead and expand our auction division. This executive will own the strategy, execution, and growth of our auction platform, developing a top-tier liquidation engine that delivers consistent results for buyers and sellers.

This is a key leadership role, ideal for someone who understands the industrial machinery ecosystem and has a proven track record of scaling B2B sales, operations, or auction platforms.

Key Responsibilities

Strategic Leadership

• Define and execute the short and long-term strategy for the auction business.
• Collaborate with the CEO and leadership team to grow auction revenue, brand reputation, and market share.

Auction Operations

• Oversee the full lifecycle of full facility auction events: from lead qualification and consignment intake to marketing, sale day management, and final asset removal.
• Ensure world-class customer experience for both sellers and buyers, resolving issues promptly and professionally.

Business Development

• Develop and scale a national network of end-user clients, banks, resellers, and asset-based lenders.
• Double our business in Mexico.
• Spearhead high-touch relationships with dealers and decision-makers across manufacturing sectors.
• Close major accounts and position MTB as the preferred platform for liquidation in North America.
• Generate 1,000,000 of profit in 18 months

People Management

• Lead a cross-functional auction team, including sales, operations, project management, and marketing specifically for full facility auctions.
• Mentor direct reports, set clear goals, and foster a high-performance culture rooted in account ability and trust.

Platform & Process Innovation

• Champion continuous improvement of our auction tech stack, CRM, and operational workflows.
• Work closely with marketing and tech to optimize auction visibility, bidder participation, and conversion rates.

Qualifications

• 5+ years of leadership experience in auctions, e-commerce, B2B industrial sales, asset liquidation, or related sectors.
• Deep understanding of machine tools, fabrication equipment, and the industrial resale market.
• Strong background in building and scaling sales or operations teams.
• Entrepreneurial mindset, hands-on leadership style, and data-driven decision-making.
• Excellent negotiation, communication, and relationship-building skills.

Preferred Traits

• Preferredto have previous history in auctions business
• Preferred to have an Auctioneers license
• Track record of scaling auction revenues and seller participation.
• Knowledge of key auction compliance and logistics in North America.
• Familiarity with CRM systems ("HubSpot"), auction software, and digital marketing strategies.
• Ability to travel as needed, most likely 10+ days per month
• Ability to be in Chicago, Illinois office or potential satellite office in a major metro area
• Competitive base salary with performance-based bonuses
• Direct access to leadership and meaningful influence on the company’s future