Senior Wholesale Pricing Analyst
Volvo Group · Mahwah, New Jersey, US
Let's introduce ourselves This position is responsible for the ownership, monitoring, and ongoing enhancement of Volvo Car USA’s used car wholesale pricing a...
Job description
Let's introduce ourselves This position is responsible for the ownership, monitoring, and ongoing enhancement of Volvo Car USA’s used car wholesale pricing algorithm and adjustment matrix used to price vehicles within our remarketing platform. The role partners closely with the Remarketing and Finance teams of Volvo Car USA to develop and execute data-driven pricing strategies for remarketing used vehicles. This position also supports the preparation and presentation of the monthly residual value reporting package. What you'll do: - Monitor and validate the accuracy of wholesale market pricing algorithm and pricing adjustments within the remarketing platform to mitigate residual value losses. - Partner closely with Remarketing team to drive optimal price realization for returned lease and rental vehicles, communicate motive and analysis behind pricing updates, and incorporate organizational expert judgement into pricing management. - Conduct analytical reviews to develop enhancements to pricing algorithm to increase accuracy and transparency. - Help manage iteration sales strategy and pricing to engage dealers, maximize prices, and retain vehicles within Volvo’s retailer network. -...