Auto Auction Quality Assurance Specialist

2 weeks ago


Los Angeles, California, United States Westlake Services, LLC Full time

Job Category: Professional (Risk/Financial Analyst)

Requisition Number: AUTOA007702

Job Summary: Westlake Financial Services is in search of a detail-oriented and analytical Auto Auction Performance Auditor. This role focuses on evaluating the effectiveness of auto auctions utilized by the company to ensure they meet established benchmarks and yield optimal financial results. The successful candidate will conduct thorough assessments of auction performance in alignment with the Standard Operating Procedure (SOP) for vehicle remarketing.

Key Responsibilities:
  • Performance Assessment: Regularly evaluate and monitor the effectiveness of auto auctions, analyzing pricing strategies, vehicle conditions, auction fees, and other critical metrics. Identify trends and opportunities for enhancement through data analysis.
  • Audit Execution: Perform systematic audits of auction practices to ensure compliance with company standards and SOPs. Review auction records and sales transactions for accuracy and to detect any discrepancies.
  • Return Enhancement: Focus on maximizing returns from vehicle sales at auctions by analyzing pricing strategies and suggesting necessary adjustments. Collaborate with auction partners to negotiate favorable terms.
  • Reporting: Develop and present comprehensive reports on auction performance, highlighting key performance indicators (KPIs) and trends. Provide actionable insights for improving auction outcomes.
  • Stakeholder Engagement: Build and maintain strong relationships with auction partners and stakeholders to ensure effective communication and collaboration. Act as a liaison to resolve issues and enhance operational efficiency.
  • Compliance Oversight: Ensure all auction processes adhere to company policies, industry standards, and relevant regulations. Monitor vehicle quality and compliance with SOPs, identifying areas for continuous improvement.
  • Special Projects: Support special initiatives related to auction performance and optimization as directed by management.
Qualifications:
  • Bachelor's degree in Business, Finance, Economics, or a related field is preferred.
  • Demonstrated experience in the auto auction industry or financial services, particularly in performance auditing.
  • Strong analytical skills with the ability to interpret complex data sets and derive actionable insights.
  • Proficiency in data analysis tools, including Microsoft Excel.
  • Excellent communication and interpersonal skills for effective relationship management.
  • Detail-oriented and organized, capable of managing multiple tasks simultaneously.
  • Ability to work independently and collaboratively, demonstrating initiative and a results-driven mindset.
  • Familiarity with industry regulations and compliance is advantageous.

Compensation: The pay range for this position is $80,000 to $90,000 annually, with the final offer determined based on various factors including experience and qualifications.

Benefits:
  • Medical, Dental, and Vision coverage
  • Life Insurance and Long-term disability plans
  • Flexible Spending Account
  • 401K matching
  • Employee Stock Ownership Program
  • Wellness Programs
  • Metro Tap Card and Metro-link Reimbursement
  • Discounts on various services and attractions
  • Paid Vacation and Sick days
  • Gym access in select offices

Equal Opportunity Statement: We consider all qualified applicants for employment, including those with criminal histories, in accordance with applicable laws. We are committed to providing equal access to employment and services for all individuals.



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