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Equipment Valuation Analyst
4 months ago
Discover the new Ritchie Bros.
When you join Ritchie Bros., you’ll be part of a diverse, global team that’s focused on delivering great customer experiences. If you have an entrepreneurial spirit and are passionate about making a difference, we invite you to join our growing team.
To provide excellent valuation services and pricing support, we are looking for a Valuation Analyst in the UK.
The Opportunity:
As Valuation Analyst your focus is on valuations of diverse equipment and other assets. Being a valued team member of the global Valuation team, you will be the go-to person in Europe on everything regarding valuations and pricing. Equipped with a high level of expertise you provide valuations insight to the Sales and Operations teams, with an emphasis on Construction, Agriculture and Transportation industry sectors. Frequently visiting our sale sites across Europe give you the opportunity to obtain information and share knowledge at the same time.
In your new role you will be constantly aware of changing market trends within the region. At the same time having a broad global market view of all assets typically viewed and/or appraised by the company. Your knowledge makes you a key-advisor to the senior management ranging from providing advice on deal structures or long-term sales strategies. We expect you to bring ideas and strategic thinking and help us grow as a company Furthermore, you will:
- Closely work with local teams to obtain, share and validate valuation information within each market to ensure accuracy of valuations
- Conduct market research on equipment valuations utilizing EDAs and trade publications
- Partner with the local Marketing & Business Intelligence teams to understand our market position and market trends of diverse equipment and other assets for the future
- Analyze market and competitor pricing data, including historical internal pricing
- Provide valuation intelligence and insights through monthly reports of “Market Intel”
- Report out on key business insights and recommend price positioning strategies for different equipment and other assets within the regional markets
- Take part in and add value to post-sale meetings held after each auction sale when working at the regional sites.
- Organize training courses for both experienced and non-experienced sales people to upgrade their valuation and equipment skills.
Here is what you bring:
If you have extensive knowledge of a wide variety of equipment and you want to leverage your knowledge with maximum potential, this is the job for you You like to work with a diverse employee community from many different backgrounds and cultures. Sharing your knowledge and setting up field staff for success is one of your core drivers. Building long lasting relationships is the key of your success. Furthermore, you have:
- Experience in diverse industry sectors such as Construction, Agriculture and Transportation.
- minimum of 5 years of experience ideally working in an equipment remarketing environment
- ability in analyzing data and reporting out market intelligence
- Professional level English, (and preferably French, Spanish, Italian or German)
It’s important to note that: In this job you will travel up to 20% of the time.
What We Offer
When you join Ritchie Bros. we want you to be on board for a long time. From the start we’ll give you an indefinite employment agreement and plenty of professional and career development opportunities. Combined with fair pay the results reflect in our lengths of service. The current average within our global valuations group is 18 years, truly making it a team of specialists. And we are proud of that
Who are we?
Ritchie Bros. has grown from a small-town auctioneer to a global asset management and disposition company. We help our customers buy and sell a wide range of used and unused equipment for construction, mining, transportation, agriculture, oil & gas, lifting & material handling, forestry & other industries.
