Remarketing Auction Representative
About The Position
At Lendbuzz, we believe financial opportunity should be more personalized and fair. We develop innovative technologies that provide underserved and overlooked borrowers with better access to credit. From our employees to our dealers, partners, and borrowers, weâve built a company and a culture around a resolute belief in the promise and power of diversity. We value independent and critical thinking. We are looking for a Remarketing Auction Representative to manage vehicle remarketing processes with auction partners and support overall corporate objectives. This role focuses on maximizing net proceeds, minimizing inventory turn time, and mitigating residual value loss. Responsibilities include overseeing inventory transport, inspections, pre-sale preparation, and post-sale reporting. The position requires close collaboration with auctions to optimize performance while ensuring full legal compliance. This role reports to the Remarketing Supervisor and is fully remote with traveling involved.
Requirements
- 2â3 years of experience working with vehicle auctions within the automotive industry required
- Demonstrate expertise in regulatory compliance, specifically regarding repossession laws and FDCPA requirements
- Exhibit strong negotiation and probing skills, utilized in a professional manner to manage vendor relationships and maximize proceeds
- Meticulous attention to detail for legal documentation and financial reporting
- Effective time management with the ability to prioritize multi-channel tasks in a fast-paced environment
- Proficiency in Microsoft Office and the ability to utilize web-based research tools and remarketing software (AutoIMS/Salesforce experience is a plus)
Nice To Haves
- Background in automotive remarketing, auction operations, or related field preferred
- AutoIMS/Salesforce experience is a plus
Responsibilities
- Manage and optimize assigned auction relationships, including field visits and negotiating service fees for peak performance
- Oversee the end-to-end inventory lifecycle, including transport coordination, inspection, reconditioning, and valuation for sale preparation
- Strategically establish and adjust vehicle floor prices (minimum bids) by leveraging real-time market data to optimize net proceeds while maintaining a high inventory sell-through rate
- Facilitate seamless communication with auction staff and management via AutoIMS, serving as the primary point of contact for service-related issue resolution
- Collaborate with auctions to develop and execute targeted sale promotions and marketing strategies
- Ensure compliance with all legal requirements, including preparation and transmission of legal notices and repossession documentation
- Maintain financial accuracy by documenting vehicle values and sale results within the remarketing system
- Validate and process vendor invoices, working proactively to resolve discrepancies before submission for payment
- Monitor and report on KPIs, tracking auction adherence to guidelines, marketing effectiveness, and overall sale expenses
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
Number of Employees
251-500 employees
