Remarketer

Transport is at the core of modern society. Imagine using your expertise to shape sustainable transport and infrastructure solutions for the future. If you seek to make a difference on a global scale, working with next-gen technologies and the sharpest collaborative teams, then we could be a perfect match. What you will do

As a Remarketer, you will be responsible for remarketing Volvo Finanical Services (VFS) repossessed inventory for the US truck/trailer, construction, and coach portfolios. You will also take responsibility for the management of operational duties and functions associated with asset disposal; inclusive of the development of wholesale and retail sales channels, timely and efficient liquidation and contribute to the planning and strategy to achieve departmental and company goals and objectives. The individual will also be responsible for the management of operational duties and functions associated with loan and lease disposal post-repossession; timely inspection, billing, notifications as required, customer and dealer interfacing and managing to the VFS contracts/remarketing agreements with OEM’s. Additional responsibilities are to develop and manage the remarketing buyer network and website used to remarket assets.

This position is part of an on-site team in Greensboro, NC reporting to the Director, Risk Operations.

Core Responsibilities:

• Planning & strategy - provide input based on department performance, industry & market activity, and vendor performance to mitigate losses and influence asset values.
• Develop a network with retail customers, dealers, and auctions to effectively market and dispose of company owned assets/used inventory.
• Effectively market and arrange for the sale of company owned assets to dealers (domestic or export), auctions, and/or customers.
• Actively work to develop Remarketing processes to improve equipment product resale values, such as negotiating contracts with vendors to recondition equipment as well as increase the buyer base to influence a competitive bidding environment to enhance values.
• Manage the process to divest assets (pre & post sale phases)
• Vendor management – manage and oversee to ensure service levels met to effectively sell company assets and achieve company goals and objectives.
• Propose finance support programs & offers to influence sales activity and support values.
• Prepare reports to analyze data, results, and trends to evaluate effectiveness and make recommendations to management.
• Valuation of truck/trailer/construction equipment/bus and comment on the technical aspects of the job in terms of mechanical aptitude and the ability to convey and negotiate repair issues effectively to vendors, dealers, and customers.
• Practice portfolio management and support all VFS business areas as the subject matter expert on financed collateral
• Process Improvement & Innovation – evaluate processes and results and provide input to management to continuously drive efficiency, productivity, and effectiveness of operations.
• Cross functional – professionally represent Remarketing collaborating with internal partners such as VFS Credit & Sales teams and Volvo/Mack/VCE to achieve company goals and objectives.
• Assist other departments and affiliates evaluating and validating used equipment inventory reporting, evaluate trades on new transactions at the request of VFS Sales, Credit, Legal, etc.
• Provide collateral training to other departments utilizing mechanical expertise and industry knowledge
• Compliance & Risk Management practiced satisfying legal (state & federal) and VFS policy & procedures to protect the company.
• Prepare reports, PowerBI dashboards, templates, spreadsheets, presentations, and other material to communicate initiatives and Remarketing performance, inclusive of interim and month end reporting.
• Project Management – represent Remarketing as a leader or contributor of project management through various phases (development, scoping, documenting, implementation)

Who are you?

Do you dream big? We do too, and we are excited to grow together. In this role, you will bring:

Education and Experience Required:

• Bachelor’s degree in Business, Finance, or a related discipline.
• Industry experience within transportation, trucking, construction equipment, or equipment services.
• At least 3 years of remarketing experience involving trucks, trailers, heavy equipment, buses, or coaches.
• Proven understanding of asset valuation, resale strategies, and secondary equipment markets.

Preferred Skills:

• Desired – ASE Certification- Truck Equipment Series
• Experience practicing credit underwriting and risk management
• Experience in sales and negotiation
• Proficient in PC Microsoft Office skills (excel, power point, word)
• Advanced knowledge of Access and data management
• PowerBI Dashboard experience

Ready for the next move?

At the Volvo Group, we strive for a clear, transparent, and straightforward compensation approach, motivating you to contribute to the company’s growth. For this position, the base pay is set at $72,600.00 - $89,700.00 annually, and where applicable, bonus eligible. The range for this role, as well as final salary offered, is determined by several factors including, but not limited to, geographic location, work-related knowledge, certifications, skills, education, and experience. In addition to these factors, we believe in the importance of pay equity and consider internal equity of our current team members as part of any final offer.

In addition to a solid package of compensation and benefits, plus you will enjoy:

• Competitive medical, dental and vision insurance.
• Generous paid time off.
• Competitive matching retirement savings plans.
• Working environment where your safety, health and wellbeing come first.
• Focus on professional and personal development through Volvo Group University.
• Programs that make today’s challenging reality of combining work and personal life easier.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.

We value your data privacy and therefore do not accept applications via mail.

Who we are and what we believe in We are committed to shaping the future landscape of efficient, safe, and sustainable transport solutions. Fulfilling our mission creates countless career opportunities for talents across the group’s leading brands and entities.

Applying to this job offers you the opportunity to join Volvo Group. Every day, you will be working with some of the sharpest and most creative brains in our field to be able to leave our society in better shape for the next generation. ​We are passionate about what we do, and we thrive on teamwork. ​We are almost 100,000 people united around the world by a culture of care, inclusiveness, and empowerment.

At Volvo Financial Services, we are working together to shape the world we want to live in. As the captive finance arm of the Volvo Group, VFS provides financial services and solutions that meet the needs of our customers’ evolving business. Through our dedication to innovation, we support society in its adoption of sustainable transport and equipment solutions. VFS is headquartered in Gothenburg, Sweden, and serves Volvo Group customers and dealers in more than 50 markets.

What’s in it for you?

We offer a solid and competitive package of compensation and benefits, plus you will enjoy a diverse working environment with a culture of care and inclusion. As an investment, we support your personal development and growth to achieve your career aspirations. Volvo Financial Services is an on-site business and we understand that you might need occasional or temporary flexibility, which your leader is equipped to manage and fits well to our culture, as being together enables us to build upon our innovative and collaborative culture, as well as develop you for continued success.