Research Analyst at CARS45 Limited

Job Summary

• Under supervision and guidance of the VP, Trading, the Research Analyst will be is responsible for identifying and analyzing market forces that drives the automobile business within and outside Cars 45 ecosystem.
• The successful candidate will be responsible for providing timely qualitative and quantitative insight that drives good buying and selling decision that will drive quality trade practices and a healthy inventory performance of the business.
• The Research Analyst will develop a scientific approach and processes for gathering real-time market information, as well as making recommendation for making informed trading decisions.

Essential Job Functions

• Provide updated market research, industry trends and patterns
• Provide analysis of research in a simplified report and provide actionable recommendations for improving Trading and Auction processes
• Analyze habits of direct, indirect competitors, dealers, end users and every stakeholder
• Coordinate and document all research findings and procedures and store for future references
• Identify and understand problems and outliers through forecasting, gap analysis, quantitative and qualitative reporting with verifiable facts and figures. Must be able to improve and maintain the reports to answer business questions
• Participate in live auctions, repricing and special deals to identify buying habits, buying behavioral changes, customer expectations and demand analysis
• Identify and monitor market forces and trends variances within Cars 45 ecosystem against the market forces and trends; provides benchmarks for pricing (buying and selling)
• Participate in customer (sellers/Buyers) listening programs to identify variances in different needs and customer expectations.
• Pay attention to industry news, policies, government regulations (Local and International) effects on the industry

Requirements
Technical Requirements:

• Intermediate to advanced proficiency in Microsoft Office Tools (Excel, Word, Power-Point)

Knowledge & Experience:

• 2-5 years of hands-on experience in research
• Sound understanding of practical statistical concepts, research methods and design
• Project Management experience
• Field experience

Skills Required:

• Highly skilled with excellent written and interpersonal communication skills
• Must be street smart
• High business research skills acumen
• Critical and systemic thinker
• Must be able to work independently
• Must be a self-motivator and self-starter
• Exceptional listening and analytical skills
• Solid time management skills
• Strong relationship management skills
• Must be able to effectively deal with people at all levels inside and outside of the company
• Ability to multitask and successfully operate in a fast paced, team environment
• Must adapt well to change and successfully set and adjust priorities as needed

Education:

• Bachelor's degree in Economics, Statistics, Business Administration and other relevant commercial or science degree
• Masters would be an added advantage

Need to Have:

• High level of integrity and loyalty
• Emotional intelligence
• Problem-solving and analytical thinking
• Attention to detail
• Ability to influence others
• Risk management
• Operational knowledge
• Market & customer knowledge