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Sr. Asset Remarketing and Evaluation Manager

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POST DATE 9/8/2016
END DATE 10/9/2016

Hitachi Consulting Norwalk, CT

Norwalk, CT
AJE Ref #
Job Classification
Full Time
Job Type
Company Ref #
Entry Level (0 - 2 years)


Position Overview primary job functions:

* Support HCAs Asset Management Department by monitoring All Notices of Sale, work directly with HCAs external Dealer Network for inspection reports on inventoried assets, coordinate inspections of HCAs distressed assets via HCA Regional Sales Managers, maintain HCAs website of off-lease and repossessed inventory, and support/maintain adequate internal controls within the asset management function.

* Solicit end users, wholesales and unsigned HCA automotive dealers to successfully market and sell HCA repossessed inventoried assets.

* Provide used truck evaluations for retail and wholesale departments.

Commitment to Internal Control:

The incumbent accepts the responsibility for establishing and maintaining the internal control system associated with the essential duties and responsibilities of the functional areas that the incumbent manages.

Essential Duties and Responsibilities:



Manage the efforts to promote, market and effectively sell any used, repossessed or off lease vehicles upon HCA taking possession. The management of these vehicles can include direct sales to dealers or other potential buyers. Confirming and identifying buyers as end users or dealers by obtaining licenses and resale certificates, or by charging the applicable sales tax. In addition, this would also require the incumbent to return calls and emails regarding asset inquiries from various means of HCA advertising such as: corporate website, machinery trader, truck paper, email/fax blasts, direct mailings, etc. Perform follow up for photos, condition reports and reconditioning estimates adhering to a 2 week deadline from inventory date and ensuring completeness and accuracy. Once received, update the HCAs Asset Management inventory website with the condition reports and pictures obtained. Perform ongoing maintenance to the site to ensure that the information is current and accurate.

Reconditioning of inventory units: Search and shop for used/remanufactured parts and economical transportation methods. Communicate with manufacturer in order to verify (if any) remaining warranty on late model year assets. Once authorized repairs are completed request and follow up to obtain updated photos and a revised condition report. If necessary, refer to executed dealer remarketing agreement to ensure discounted parts/labor pricing on repairs and reconditioning are being executed to HCA policies.

Check/follow up on notice of sale duration and expiration (10, 15, 20, N/A days) and also bankruptcies. Work closely with the Collection/Secondary Recovery departments.

Checking persistently on administrative duties and balancing sales/fees associated with the disposition of inventoried assets to maintain an overall acceptable recovery percentage adhering to HCA mandated goals with respect to recovery on sales ( 65% of Net Investment) and inventory turnover (