Used Car Pricing Analyst
4 weeks ago
Job Summary:
The Used Car Pricing Analyst plays a crucial role in maintaining a data-driven pricing strategy for the remarketing of used Audi and Volkswagen vehicles across various channels. This involves analyzing trends in vehicle values, market seasonality, and supply and demand to develop performance-based reporting and strategic recommendations.
Key Responsibilities:
- Utilize data mining tools to extract relevant data and collaborate with remarketing and risk management personnel to ensure consistency in data extraction, manipulation, and application.
- Analyze data to identify the impact of different variables on vehicle prices, including seasonality, supply and demand, and vehicle characteristics.
- Maintain a flexible pricing model that incorporates historical results and forecasted variables to price individual vehicles based on their characteristics.
- Develop performance-based reporting to demonstrate the effectiveness of pricing techniques and identify opportunities for cost savings and process improvements.
- Perform elasticity, sensitivity, and scenario analysis to optimize pricing strategies and provide forward-looking recommendations to management.
Requirements:
- 7-10 years of experience in risk management, finance, or remarketing with a captive finance company, automotive finance company, or related company.
- Proven analytical experience, including computer-aided statistical techniques.
- Advanced experience in data mining, manipulation, report development, trend analysis, and management presentation techniques.
Preferred Qualifications:
- Master's degree in a related field.
- 5 years of analytical experience, including computer-aided statistical techniques.
- Experience evaluating and forecasting off-lease vehicle values.
Work Environment:
Volkswagen Financial Services is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, family status, gender identity, gender expression, national origin, age, disability, or any other characteristic protected by federal or local laws.
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