Full Time Arbitrage Jobs (NOW HIRING)

Auction Representative
Remote - Midwest or Northeast USA

Location & Travel Requirements
This is a remote position based within the Midwest or Northeast United States. Candidates must reside in a location that reasonably supports regular travel to our auction and partner locations throughout these regions.

Preferred candidates will be located in states including, but not limited to, Illinois, Ohio, Michigan, Indiana, Pennsylvania, New York, New Jersey, Massachusetts, Connecticut, or surrounding states.

Travel is required as part of this role. Candidates should have convenient access to a major airport and the ability to travel as needed to support business operations and onsite activities.

Position Summary
CULA is seeking an experienced and motivated Auction Representative to manage off-lease vehicle inventory and auction vendor relationships. This role serves as the primary point of contact for vehicle assessment and reconditioning, sale preparation, vehicle valuation, and sale decision management.

The primary objective of this position is to maximize net retention through effective oversight of auction vendors and vehicle inventory while ensuring the timely, compliant, and cost-effective preparation and sale of off-lease vehicles.

This position works closely with auction management and staff, as well as various teams within the CULA Remarketing Department and other internal departments. The ideal candidate is highly self-directed, organized, detail-oriented, and capable of making sound decisions in a fast-paced environment while managing multiple priorities and systems simultaneously.

All responsibilities must be performed in accordance with company policies, procedures, and applicable state and federal regulations.

Essential Duties & Responsibilities

• Travel to auction locations two to three days per week to sell vehicles on behalf of CULA
• Monitor and manage vendor performance, ensuring adherence to company standards and identifying corrective actions when needed
• Negotiate vehicle sales directly with dealers
• Manage consignment relationships with vehicle dealers
• Oversee inventory management including transport status monitoring, certification inspection reviews, vehicle grading, reconditioning estimate approvals, sale preparation, and bid approvals
• Conduct onsite reviews of auction procedures, inventory preparation, and sale effectiveness
• Organize and facilitate vendor performance meetings with auction management and staff
• Review vendor scorecards and reporting and coordinate follow-up actions on performance deficiencies
• Negotiate arbitration claims in collaboration with senior management
• Identify and execute market arbitrage opportunities
• Audit auction expenses and vehicle announcements
• Maintain and report travel-related expenses in accordance with company policies

Qualifications & Skills

• Experience with vehicle valuation, reconditioning assessments, and wholesale remarketing channels
• Understanding of automotive market trends, seasonality, and used vehicle pricing dynamics
• Ability to work independently while managing competing priorities and deadlines
• Strong organizational skills and attention to detail
• Effective verbal and written communication skills
• Adaptability and flexibility in a fast-paced environment
• Strong PC and system navigation skills
• Familiarity with NAAA auction policies strongly preferred
• Experience in frame assessment or condition report writing preferred

Education & Experience

• Bachelor’s Degree or equivalent professional experience preferred
• Minimum of 5 years of automotive remarketing or related industry experience required

Systems & Software

• Auto IMS
• Manheim Market Report
• Simulcast / Velocicast auction platforms
• Microsoft Word, Excel, and Outlook
• Web-based applications and general office technology

Compensation

• Annual salary range: $70,000 to $80,000 based on experience

• The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable

Full Time Benefits 

• Medical, Dental, and Vision benefits 
• Life Insurance and Long-term disability plans 
• Flexible Spending Account 
• 401K matching 
• Employee Stock Ownership Program in a $18.2 Billion Company, plus company matching 
• Wellness Programs 
• Metro Tap Card and Metro-link Reimbursement (for Los Angeles, CA employees only) 
• Career Path Opportunities 
• Discounts on Parks, Museums, Movie Tickets, and Attractions 
• Annual Flu Shot
• Paid Vacations Days 
• Paid Sick days 
• Paid holidays 
• Rental Car Discounts, Dell Member Purchase Program 
• UKG Wallet 

ACKNOWLEDGMENTS

We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the organization.

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