About Northlake Financial
Northlake Financial team is growing! If you are a committed and collaborative professional looking to contribute to a hard-working, innovative team, this opportunity is for you.
Why Work for us?
Northlake understands the needs of its employees. Northlake Financial is revolutionizing the Canadian automotive finance industry with a full spectrum of dynamic rates and services for dealers. We specialize in the acquisition and servicing of prime and subprime automotive financing contracts. Our employees flourish in an exciting and engaging environment.
Office Location: Barrie, ON (This role does not provide remote or hybrid work).
Purpose of a Recovery Coordinator
The Remarking Coordinator oversees vehicle remarketing, including pricing, listings, auctions, and sales, to maximize proceeds. They will monitor condition reports, resolve arbitration, support the sales team, and handle administrative tasks. The role also analyzes performance, collaborates with internal teams, and supports the Manager of Recovery and Remarketing.
Responsibilities of a Remarketing Coordinator
- Manage vehicle remarketing through live, remote, and in-person auctions, ensuring optimal exposure and maximum sale proceeds.
- Price vehicles using guidebooks, market data, historical performance, professional judgment, adjusting strategies based on market trends and demand.
- Review and monitor vehicle condition reports and listings to ensure accuracy in damage reporting, disclosures, and descriptions.
- Communicate with auction representatives to drive competitive bidding, reduce days-to-sell, and maintain high lane performance.
- Hold auctions accountable for errors, misrepresented conditions, and delays in repairs, reconditioning, or documentation, and follow up to ensure efficient remarketing.
- Support arbitration cases, ensuring fair and documented adjustments.
- Analyze remarketing KPIs, auction performance, and sales data to recommend strategies for improving proceeds and operational efficiency.
- Provide support to the sales team, including vehicle evaluations, Carfax claim reviews, and facilitating direct vehicle sales.
- Collaborate with internal teams to ensure smooth transitions from recovery to remarketing.
- Perform accounting and administrative duties, including invoice analysis, payment processing, record maintenance, and reporting.
- Provide operational support to the Manager of Recovery and Remarketing and perform other duties as required to support the team’s objectives.
Qualifications of a Remarketing Coordinator
- Experience in vehicle remarketing and auctions (live, remote, or in-person).
- Skilled in vehicle pricing, condition review, and sales analysis.
- Strong communication and collaboration with auctions, vendors, and internal teams.
- Proficient in administrative tasks, record-keeping, and reporting.
- Detail-oriented, organized, and able to manage multiple priorities.
- Analytical mindset with problem-solving and operational support skills.
Requirements of a Remarketing Coordinator
- High school diploma or equivalent; post-secondary education in business, logistics, or related field preferred.
- Experience with vehicle repossessions, recovery processes, or auction coordination would be an asset
- Proficiency with Microsoft Office and data tracking tools.
Compensation of a Remarketing Coordinator
- Base salary starting at $50,000 annually, with experience considered
- Competitive Bonus Structure with performance-based earning potential
- Paid Wellness Days
- Your Birthday off
- Comprehensive Benefits Package including health and dental coverage
- Employee Assistance Program (EAP) for mental health and wellness support
- Bonusly employee recognition and rewards platform
Northlake Financial appreciates all interest in this position. We are an Equal Employment Opportunity employer and all decisions are based on merit and business needs and not on race, colour, creed, age, sex, gender, sexual orientation, national origin, religion, marital status, medical condition, physical or mental disability, military service, pregnancy, childbirth and related medical conditions or any other classification protected by Canadian Human Rights Commission. This applies to all practices relating to recruitment and hiring, compensation, benefits, discipline, transfer, termination and all other terms and conditions of employment.
Northlake is committed to providing reasonable accommodation to applicants with disabilities. If you require any additional support, email the hiring manager.
Auto Finance,
Automotive Lending, Subprime Lending, Consumer Finance, Loan Servicing, Asset Recovery, Vehicle Recovery, Collateral Management, Remarketing, Repossession Management, Recovery Operations
