Auction Representative

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Hankey Group

1001 - 5000 employees

🚗 Transport

💸 Finance

🏠 Real Estate

Transport • Finance • Real Estate

Hankey Group is a privately held Los Angeles–headquartered holding and operating group formed around a family-owned automotive dealership and now comprising eight operating companies. Over 50 years it has expanded into auto retail and finance (notably Westlake), real estate investments, insurance and select technology activities, and it manages large asset-backed securitizations and credit facilities. The group emphasizes aggressive asset and equity growth, sizable securitization issuance, and diversified financial and real estate holdings.

📋 Description

• Travel to auction locations two to three days per week to sell vehicles on behalf of CULA • Monitor and manage vendor performance, ensuring adherence to company standards and identifying corrective actions when needed • Negotiate vehicle sales directly with dealers • Manage consignment relationships with vehicle dealers • Oversee inventory management including transport status monitoring, certification inspection reviews, vehicle grading, reconditioning estimate approvals, sale preparation, and bid approvals • Conduct onsite reviews of auction procedures, inventory preparation, and sale effectiveness • Organize and facilitate vendor performance meetings with auction management and staff • Review vendor scorecards and reporting and coordinate follow-up actions on performance deficiencies • Negotiate arbitration claims in collaboration with senior management • Identify and execute market arbitrage opportunities • Audit auction expenses and vehicle announcements • Maintain and report travel-related expenses in accordance with company policies

🎯 Requirements

• Experience with vehicle valuation, reconditioning assessments, and wholesale remarketing channels • Understanding of automotive market trends, seasonality, and used vehicle pricing dynamics • Ability to work independently while managing competing priorities and deadlines • Strong organizational skills and attention to detail • Effective verbal and written communication skills • Adaptability and flexibility in a fast-paced environment • Strong PC and system navigation skills • Familiarity with NAAA auction policies strongly preferred • Experience in frame assessment or condition report writing preferred • Bachelor’s Degree or equivalent professional experience preferred • Minimum of 5 years of automotive remarketing or related industry experience required

🏖️ Benefits

• Medical, Dental, and Vision benefits • Life Insurance and Long-term disability plans • Flexible Spending Account • 401K matching • Employee Stock Ownership Program in a $18.2 Billion Company, plus company matching • Wellness Programs • Metro Tap Card and Metro-link Reimbursement (for Los Angeles, CA employees only) • Career Path Opportunities • Discounts on Parks, Museums, Movie Tickets, and Attractions • Annual Flu Shot • Paid Vacations Days • Paid Sick days • Paid holidays • Rental Car Discounts • Dell Member Purchase Program • UKG Wallet

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