Inventory Specialist
Full-Time
Job Overview
Redwood Credit Union's Auto Services is seeking a detail-oriented and proactive Inventory Specialist to manage vehicle purchasing, inventory control, and marketing coordination. This role is essential to ensuring our dealership lot is stocked with high-quality, marketable vehicles and that inventory is accurately tracked and presented for sale.
Key Responsibilities
Administrative Functions/Purchasing
o Using various sources including rental car companies, wholesale brokers, auction,
trade-in and direct purchase, among others, determine automobiles that would sell well on our dealership lot.
o Establish and maintain a professional relationship with auction, wholesale, broker, rental car, and consignment partners.
o Analyze and track vehicles that would make sense for us to have an appropriate margin for sale.
o Research and analyze market trends to keep up with the ever-changing environment of the auto industry in order to insure we carry the right vehicles for sale on the lot at all times.
o Utilize the RCUAS purchasing guidelines to ensure purchase is within our pricing structure.
o Monitor the pricing structure to ensure pricing guidelines remain appropriate.
o Oversight of P&L as it relates to auto purchases and auto sales.
o Attend auctions to purchase vehicles as necessary to replenish the lot.
o Maintain and acquire relationships with auto mechanic shops and vendors to insure we have the best service available.
o Negotiate rates with mechanic shops and vendors to maximize our gross profits.
o Research, develop and implement new marketing strategies to maintain the vehicles “days in inventory” stays at a minimum.
Management of Inventory
o Enter vehicle data into DMS and coordinate purchase payments.
o Arrange transportation and inspect incoming vehicles for quality and accuracy.
o Manage vehicle reconditioning, detailing, and repairs with vendors.
o Maintain dealership lot presentation, ensuring vehicles are clean, fueled, and properly displayed.
o Update inventory status boards and digital systems.
o Assist Sales Advisors with post-sale vehicle issues.
o Re-price vehicles based on market changes and internal pricing policies.
Marketing of Inventory
o Upload and manage inventory on rcuauto.com and third-party automotive sites.
o Coordinate weekly “Hot on the Lot” promotions with the Marketing team.
o Maintain accurate and timely updates to all online listings.
o Take and upload vehicle photos, print buyer guides, and NMVTIS reports.
Join us and discover why you'll love working at Redwood Credit Union!
ABOUT REDWOOD CREDIT UNION (RCU):
At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.
As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.
Why work for Redwood Credit Union?
• 29th largest credit union in the U.S. and the largest financial institution based in the North Bay
• Awarded a 5-Star Rating based on 6/30/24 financial data by Bauer Financial
• Recognized by Newsweek as one of "America's Greatest Midsize Workplaces 2025"
• Recognized by Newsweek as one of "America's Best Credit Unions 2024"
• Recognized by Forbes as one of “America’s Best Small Employers 2023"
• Voted Best Places to Work in the North Bay 20 years in a row
• World-class Employee Engagement scores
• Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
• Industry leading Net Promoter Scores across the U.S.
Redwood Credit Union's Auto Services is seeking a detail-oriented and proactive Inventory Specialist to manage vehicle purchasing, inventory control, and marketing coordination. This role is essential to ensuring our dealership lot is stocked with high-quality, marketable vehicles and that inventory is accurately tracked and presented for sale.
Key Responsibilities
Administrative Functions/Purchasing
o Using various sources including rental car companies, wholesale brokers, auction,
trade-in and direct purchase, among others, determine automobiles that would sell well on our dealership lot.
o Establish and maintain a professional relationship with auction, wholesale, broker, rental car, and consignment partners.
o Analyze and track vehicles that would make sense for us to have an appropriate margin for sale.
o Research and analyze market trends to keep up with the ever-changing environment of the auto industry in order to insure we carry the right vehicles for sale on the lot at all times.
o Utilize the RCUAS purchasing guidelines to ensure purchase is within our pricing structure.
o Monitor the pricing structure to ensure pricing guidelines remain appropriate.
o Oversight of P&L as it relates to auto purchases and auto sales.
o Attend auctions to purchase vehicles as necessary to replenish the lot.
o Maintain and acquire relationships with auto mechanic shops and vendors to insure we have the best service available.
o Negotiate rates with mechanic shops and vendors to maximize our gross profits.
o Research, develop and implement new marketing strategies to maintain the vehicles “days in inventory” stays at a minimum.
Management of Inventory
o Enter vehicle data into DMS and coordinate purchase payments.
o Arrange transportation and inspect incoming vehicles for quality and accuracy.
o Manage vehicle reconditioning, detailing, and repairs with vendors.
o Maintain dealership lot presentation, ensuring vehicles are clean, fueled, and properly displayed.
o Update inventory status boards and digital systems.
o Assist Sales Advisors with post-sale vehicle issues.
o Re-price vehicles based on market changes and internal pricing policies.
Marketing of Inventory
o Upload and manage inventory on rcuauto.com and third-party automotive sites.
o Coordinate weekly “Hot on the Lot” promotions with the Marketing team.
o Maintain accurate and timely updates to all online listings.
o Take and upload vehicle photos, print buyer guides, and NMVTIS reports.
Join us and discover why you'll love working at Redwood Credit Union!
ABOUT REDWOOD CREDIT UNION (RCU):
At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.
As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.
Why work for Redwood Credit Union?
• 29th largest credit union in the U.S. and the largest financial institution based in the North Bay
• Awarded a 5-Star Rating based on 6/30/24 financial data by Bauer Financial
• Recognized by Newsweek as one of "America's Greatest Midsize Workplaces 2025"
• Recognized by Newsweek as one of "America's Best Credit Unions 2024"
• Recognized by Forbes as one of “America’s Best Small Employers 2023"
• Voted Best Places to Work in the North Bay 20 years in a row
• World-class Employee Engagement scores
• Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
• Industry leading Net Promoter Scores across the U.S.
Minimum Qualifications- Knowledge, Skills and Abilities
- Knowledge of selling automobiles and/or other vehicles
- General knowledge and understanding of vehicle components
- Proficient knowledge of MS Word, MS Excel and Powerpoint
- Proficient knowledge of Karpower and Kelly Blue Book
- General knowledge and understanding of basic accounting principles to understand profit/loss and margin on vehicle sales
- Excellent organization skills
- Excellent service skills
- Ability to act independently and confidentially with little or no supervision
- Ability to distinguish and manage confidential information, materials and conversations
- Ability to effectively communicate verbally and in writing
- Ability to establish and maintain effective working relationships in a diverse environment;
- Skill in the operation of computers, printers and modern office equipment.
- Ability to communicate effectively both verbally and in writing.
- Ability to coordinate a variety of activities simultaneously and prioritize work.
- Ability and desire to work in a team environment.
- Ability to work weekends.
- Ability to establish and maintain effective working relationships with a diverse group of people.
- Ability to manage time efficiently and effectively.
Licenses and Certifications
- Ability to qualify for and maintain a DMV Salesperson License.
- Maintain a valid California Driver’s License.
- Ability to maintain insurance on RCU Auto Services’ insurance policy.
The ideal candidate has a combination of education and experience equivalent to a high school diploma (GED required) with a minimum of three years of related experience. Must have a valid California Drivers License with clean driving record and be bondable.
Compensation: Base salary range is $68,640 annually plus commission structure.
Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
Redwood Credit Union offers a robust benefits package to our eligible employees including:
• Competitive medical, dental, and vision insurance, mental health offerings
• Employee performance incentive plan
• Salary Advancement– Merit increase based on performance
• 401(k) program with employer match
• Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!
RCU Discounts and Perks:
• RCU employees are eligible for a .75% discount off RCU standard collateral auto loans
• RCU employees are eligible for a 1% discount on all recreational or boat loan products
• 2% discount off Visas and LOC Loans through RCU
• 0% interest loan to support employees with various immigration related expenses such as visa application fees and relocation costs. Loan amount up to $1,000.
• 0% interest loan to support employees with expenses associated with the naturalization process. Loan amount up to $15,000.
• 0% interest on garment, fitness, or home office equipment loan of up to $500
• 100% financing for employee purchased homes!
Physical Requirements:
• Ability to drive
• Ability to stand, bend, stoop, sit, walk, twist and turn
• Ability to lift up to 25 pounds occasionally
• Ability to use a computer keyboard and calculator
• Work environment is a combination of indoors and outdoors with a significant amount of time spent sitting at a desk
*Redwood Credit Union is not offering Visa transfers and/or sponsorships for this position.
Internal Team Members: If you are a current Team Member, please apply through the internal careers page located in RCUNET.
We are an Equal Opportunity Employer