Remarketing Auction Representative

🔥 1 hour ago

❄️ Minnesota – Remote

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💵 $85k - $92k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

🦅 H1B Visa Sponsor

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👻 Ghost score 2%

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Logo of Westlake Financial

Westlake Financial

1001 - 5000 employees

Founded 1988

🚘 Automotive

💼 Consulting

📦 Logistics

Automotive • Consulting • Logistics

Westlake Financial is a consumer-focused auto finance company that provides indirect auto loans and related services through a large network of dealerships and online tools. It offers pre-qualification, loan account management, multiple payment options, free credit-score monitoring, and secured loan options via affiliates, enabling customers to find, finance, and manage vehicle loans digitally. Westlake also supports dealers with financing solutions and related services.

📋 Description

• Manage repossessed vehicle inventory and associated auction vendor relationships • Serve as the primary point of contact for vehicle assessment and reconditioning, sale preparation, vehicle valuation, and sale decisions • Maximize net recovery through management of auction vendors and vehicle inventory • Facilitate timely, effective, and compliant preparation and sale of repossessed inventory • Monitor and manage vendor performance and provide corrective actions or recommendations • Monitor regional inventory, transport status, certification inspections, vehicle grading, reconditioning estimates, sale preparation, and approve sale bids • Conduct on-site reviews of auction procedures, inventory preparation, and sale effectiveness • Organize vendor status meetings, review scorecards and reporting, and coordinate follow-up on performance deficiencies • Negotiate arbitration claims with consultation of senior management • Identify and execute market arbitrage opportunities • Audit auction expenses and announcements • Maintain and report travel-related expenses • Collaborate with auction management, auction staff, the Remarketing Department, and other internal departments

🎯 Requirements

• 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 • 5 years of related automotive/remarketing experience required • Bachelor’s Degree or college equivalent experience preferred • Experience with Daybreak, AutoIMS, RDN, Manheim Market Report, and CSAToday • Microsoft Word, Excel, and Outlook proficiency • Web navigation and/or web-based applications • Must be able to work in accordance with applicable state and federal regulations and company policies

🏖️ 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

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