Remarketing Auction Representative

Hankey Group External•Minneapolis, MN

2d•Remote

About The Position

The Remarketing Auction Representative manages repossessed vehicle inventory and auction vendor relationships. This role is the primary point of contact for vehicle assessment and reconditioning, sale preparation, vehicle valuation, and sale decisions. Its objective is to maximize net recovery by overseeing auction vendors and inventory, facilitating timely, effective, and compliant preparation and sale, avoiding unnecessary expense or delay, and ensuring service providers follow company requirements. The position works closely with auction management and staff, the Remarketing Department, and other internal departments. The successful candidate is self-directed in prioritizing work, comfortable working across multiple databases, and able to make sound decisions across a broad range of responsibilities in a fast-paced environment. All duties must comply with Westlake policies and procedures and applicable state and federal regulations.

Requirements

Five years of related automotive or remarketing experience.
Experience with vehicle valuation, reconditioning assessment, and wholesale remarketing channels.
Understanding of macroeconomic and regional social and economic activity, seasonality, and automotive trends as they relate to used vehicle pricing.
Ability to work independently with time constraints and competing deadlines.
Strong attention to detail and organizational skills.
Effective, professional written and verbal communication skills.
Flexibility in job responsibilities and ability to adapt to procedural changes.
Good PC skills and ability to work with multiple platforms.

Nice To Haves

Bachelor’s degree or college-equivalent experience preferred.
Familiarity with NAAA auction policies is highly desirable.
Experience in frame assessment or condition report writing preferred.

Responsibilities

Monitor vendor performance, ensure adherence to company guidelines, and provide corrective actions or recommendations.
Manage regional inventory, including transport status, certification inspections, vehicle grading, reconditioning estimates, sale preparation, and approval of sale bids.
Conduct on-site reviews of auction procedures, inventory preparation, and sale effectiveness.
Organize regular vendor status meetings with auction management and relevant staff; review scorecards and reports and coordinate follow-up on performance deficiencies.
Negotiate arbitration claims as necessary, in consultation with senior management.
Identify and execute market arbitrage opportunities.
Audit auction expenses and announcements.
Maintain and report travel-related expenses in accordance with company policies.