Remarketing Specialist, Meridian Remarketing - Central/West
Company
Cox Automotive - USAJob Family Group
Engineering / Product DevelopmentJob Profile
Product Operations ManagerManagement Level
Manager - Non People LeaderFlexible Work Option
Can work remotely but need to live in the specified city, state, or regionTravel %
Yes, 50% of the timeWork Shift
DayCompensation
Compensation includes a base salary in the range of $92,300.00 - $153,900.00. The base salary may vary within the anticipated base pay range based on factors such as the ultimate location of the position and the selected candidate’s knowledge, skills, and abilities. Position may be eligible for additional compensation that may include an incentive program.Job Description
*Preference for candidates located in the Central or Western regions to facilitate efficient client travel.
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.
Primary Duties/Key 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
Required Experience & Specialized Knowledge and Skills
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%
Drug Testing
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.Benefits
The Company offers eligible employees the flexibility to take as much vacation with pay as they deem consistent with their duties, the company’s needs, and its obligations; seven paid holidays throughout the calendar year; and up to 160 hours of paid wellness annually for their own wellness or that of family members. Employees are also eligible for additional paid time off in the form of bereavement leave, time off to vote, jury duty leave, volunteer time off, military leave, and parental leave.About Us
Through groundbreaking technology and a commitment to stellar experiences for drivers and dealers alike, Cox Automotive employees are transforming the way the world buys, owns, sells – or simply uses – cars. Cox Automotive employees get to work on iconic consumer brands like Autotrader and Kelley Blue Book and industry-leading dealer-facing companies like vAuto and Manheim, all while enjoying the people-centered atmosphere that is central to our life at Cox. Benefits of working at Cox may include health care insurance (medical, dental, vision), retirement planning (401(k)), and paid days off (sick leave, parental leave, flexible vacation/wellness days, and/or PTO). For more details on what benefits you may be offered, visit our benefits page. Cox is an Equal Employment Opportunity employer – All qualified applicants/employees will receive consideration for employment without regard to that individual’s age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law. Cox provides reasonable accommodations when requested by a qualified applicant or employee with disability, unless such accommodations would cause an undue hardship.EOE, including disability/vets
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.