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 Auction Coordinator

Details
Country: USA
Location: OR Lake Oswego
Total applied: 8

Relevant Work Experience: 2+ to 5 Years
Career Level: Experienced (Non-Manager)
Education Level: Bachelor's Degree
Job Type: Employee
Job Status: Full Time

Auction Coordinator

Wachovia Corporation (NYSE:WB) is one of the nation?s largest diversified financial services companies, providing 13.4 million household and business relationships with a broad range of banking, asset management, wealth management and corporate and investment banking products and services. Wachovia has retail and commercial banking operations in 16 states with 3,109 offices from Connecticut to Florida and west to Texas and California. Two core businesses operate under the Wachovia Securities brand name: retail brokerage in 49 states and in Latin America, and corporate and investment banking in selected industries nationwide. Globally, Wachovia serves clients through more than 40 international offices. Online banking is available at wachovia.com; online brokerage products and services at wachoviasec.com, and investment products and services at evergreeninvestments.com. Wachovia had assets of $553.6 billion, market capitalization of $86.0 billion and stockholders? equity of $48.9 billion at June 30, 2006.

The proposed merger with Golden West Financial Corporation (NYSE: GDW), parent of World Savings Bank, is expected to close in the fourth quarter of 2006, pending shareholder and regulatory approval. With this proposed merger, Wachovia would strengthen its position in California, Texas, Florida, New Jersey and New York, and enter attractive metropolitan areas in five additional states: Arizona, Colorado, Illinois, Kansas and Nevada. The combined company would serve banking customers through 3,400 offices in 21 states and Washington, D.C. In addition, Wachovia would gain mortgage lending operations under the World Savings Bank name in 39 states.

Requirements:

In this position, you will oversee/manage the inventory at assigned auctions to include selling units at the highest amount of value obtainable, manage turnover inventory to predetermined objectives, recondition units as required, validate insurance claims and coordinate sales efforts with auctions. You will also process all paperwork associated with each case, including but not limited to filing Claims and Reaffirmation Agreements and processing Repossession/File Maintenance requests. You will resolve basic case matters such as vehicle valuation, voluntary surrender of collateral and Redemption offers within department guidelines. Other responsibilities include reviewing new accounts into Bankruptcy status for appropriate action, contacting debtors or counsel for additional case information and resolving basic matters such as Plan valuation, Redemption offers and negotiated Reaffirmation agreements. You will also play a key role in determining market value for a given vehicle, analyzing vehicle condition reports prior to sale and managing reconditioning in compliance with policy and procedure.

Must have three plus years? experience in vehicle remarketing in a wholesale environment. Bachelor?s degree or equivalent work experience is necessary.

Wachovia recognizes and values the diversity of its employees, customers and business partners. EOE,M/F/D/V

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