Senior Wholesale Pricing Analyst
Job Description
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.
• Collaborate with external vendor to implement algorithm and pricing matrix revisions and verify functionality and performance.
• Optimize and calibrate pricing model variables across sales regions, vehicle models, model years, powertrains, and options packages.
• Assist with remarketing platform performance tracking and reporting.
• Perform ad-hoc analysis to maximize returned lease and rental vehicle values, directly contributing to financial performance.
• Monitor the integrity and consistency of internal residual value metrics and external used vehicle sales data.
• Support the development and enhancement of the monthly residual value reporting package.