Remarketing Specialist, Meridian Remarketing - Central/West

Cox Enterprises•Dallas, TX

1d•$92,300 - $153,900•Hybrid

About The Position

The Remarketing Specialist (Product Operations Manager) is responsible for a portfolio of Meridian vehicles exceeding $100M on an annual basis and manages the operational workflow, including resale decisioning, of all vehicles in their assigned territory through various physical and digital remarketing channels. This position will work directly with auction leadership and team members to maximize vehicle prices and liquidate inventory in an effective and timely manner. In addition to driving increased vehicle value and quick inventory turns, they will provide operational guidance and onsite representation to aid in the overall growth of Meridian’s brand and market share. They will work closely with Meridian leadership to identify opportunities to help mitigate loss. A successful candidate will establish a strong working relationship with both their internal/external auction partners.

Requirements

Bachelor’s degree in a related discipline and 6 years of experience in a related field. The right candidate could also have a different combination, such as a master’s degree and 4 years of experience or 10 years’ experience in a related field.
Extensive knowledge of the automotive space and automotive remarketing industry processes and trends.
Excellent organizational skills with ability to handle multiple priorities.
Excellent communication (written and verbal) and interpersonal skills required.
Ability to work well independently while also being able to demonstrate positive behaviors in a team environment.
Ability to work in a high performance, fast‐paced team environment.
Strong computer literacy and ability to navigate efficiently between multiple systems.
Ability to adapt to and work effectively within a constantly changing environment.
Excellent problem solving and negotiation skills.
Ability to work effectively and collaboratively within a matrixed organization.
Relationship building & networking.
Self-directed & highly motivated.
Data analysis.
Travel required: 50-75%
To be employed in this role, you’ll need to clear a pre-employment drug test. Cox Automotive does not currently administer a pre-employment drug test for marijuana for this position. However, we are a drug-free workplace, so the possession, use or being under the influence of drugs illegal under federal or state law during work hours, on company property and/or in company vehicles is prohibited.
Applicants must currently be authorized to work in the United States for any employer without current or future sponsorship. No OPT, CPT, STEM/OPT or visa sponsorship now or in future.

Responsibilities

Support established remarketing strategy and identify market-specific opportunities to help increase vehicle retention.
Maximize net sale proceeds by analyzing and interpreting vehicle condition, vehicle characteristics and market sales data.
Evaluate and manage the operational flow of vehicle inventory at each assigned location to minimize the resale losses. This will be accomplished through direct communication with auction personnel/management and the use of score cards and auction performance metrics.
Establish and maintain relationships with senior management at assigned auction locations as well as with auction team members responsible for Meridian account operations.
Train and instruct auction personnel on processes and procedures for handling Meridian vehicle inventory.
Use applicable tools to understand valuation of automotive assets as well as market trends.
Assess vehicle condition, research relevant vehicle history and analyze market data to set vehicle floor prices.
Represent Meridian inventory at physical auction locations when appropriate.
Inspect vehicles prior to being offered for sale to evaluate cosmetic/mechanical condition.
Ensure compliance of assigned locations with Meridian SOPs and fees.
Identify changes in market conditions and communicate their impact on used car wholesale values back to Meridian leadership.
Identify reconditioning and relocation opportunities to maximize investment yield. This includes non-Manheim sales channels.
Seek to improve efficiencies by initiating and sharing ideas for process and quality improvements.
Networks with peers and other experts in the wholesale automotive industry to maintain a deep understanding of market conditions and remarketing trends.
Perform any other duties assigned.