Inventory Specialist

Inventory Specialist

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

• 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.
• Establish and maintain a professional relationship with auction, wholesale, broker, rental car, and consignment partners.
• Analyze and track vehicles that would make sense for us to have an appropriate margin for sale.
• 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.
• Utilize the RCUAS purchasing guidelines to ensure purchase is within our pricing structure.
• Monitor the pricing structure to ensure pricing guidelines remain appropriate.
• Oversight of P&L as it relates to auto purchases and auto sales.
• Attend auctions to purchase vehicles as necessary to replenish the lot.
• Maintain and acquire relationships with auto mechanic shops and vendors to insure we have the best service available.
• Negotiate rates with mechanic shops and vendors to maximize our gross profits.
• Research, develop and implement new marketing strategies to maintain the vehicles "days in inventory" stays at a minimum.

Management of Inventory

• Enter vehicle data into DMS and coordinate purchase payments.
• Arrange transportation and inspect incoming vehicles for quality and accuracy.
• Manage vehicle reconditioning, detailing, and repairs with vendors.
• Maintain dealership lot presentation, ensuring vehicles are clean, fueled, and properly displayed.
• Update inventory status boards and digital systems.
• Assist Sales Advisors with post-sale vehicle issues.
• Re-price vehicles based on market changes and internal pricing policies.

Marketing of Inventory

• Upload and manage inventory on rcuauto.com and third-party automotive sites.
• Coordinate weekly "Hot on the Lot" promotions with the Marketing team.
• Maintain accurate and timely updates to all online listings.
• Take and upload vehicle photos, print buyer guides, and NMVTIS reports.

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?

• 27th 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 2025"
• Top Corporate Philanthropists (#24) - San Francisco Business Times
• 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 $70,304 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