Women in Remarketing: Maria F. Giraldo of United Auto Credit Corp.
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CARY, N.C. –
Auto Remarketing is recognizing the 2021 Women in Remarketing honorees in the March issue of the magazine, and will be posting Q&As with each of these outstanding leaders on the website.
Next up is Maria F. Giraldo, who is remarketing manager at United Auto Credit Corp.
Auto Remarketing: What do you enjoy most about working in the remarketing industry? But, also, what aspect(s) of the business would you change — and how?
Maria F. Giraldo: I enjoy interacting with other professionals in the industry. I thrive on making the most advantageous connections that bring positive solutions to my team. Remarketing is fast-paced, and I look forward to sale days.
With some auction companies going to online only, it poses challenges for the consignors that are not selling 2-3-year-old lease returns.
Although greats strides have been made, we are still not to a place with technology where an online buyer can buy an older repossessed vehicle with the same confidence that same car is bought by an in-lane buyer.
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AR: What are some improvements that need to be made in the industry from a diversity and inclusion perspective? What are some examples you’ve seen of D&I programs that have worked?
MG: I believe we can improve on educating a diverse group of young people about the remarketing industry. Most people do not know what we do or what career paths are available. The majority of high schools or post-secondary institutions have programs that would allow guest speakers.
Women in Remarketing affords us the opportunity to be highlighted in an industry that was primarily made up of men.
AR: Describe a time when you were either a mentor or a mentee, and how that has shaped your career.
MG: I started my career with United Auto Credit in funding. After seven years of being with that department, I received an opportunity to train under Scott Mousaw, director of remarketing. I have always appreciated his perspective on successful business practices and knowledge of the auto finance industry. Because of him and a wonderful team of individuals, I have been able to excel in our industry.
AR: Describe a time in your career where you were challenged and how you overcame that challenge.
MG: When I first began in remarketing, I had a limited view of what my position entailed. Initially, I felt overwhelmed and under-qualified. After giving myself a pep talk, receiving support from my manager and auction partners, I overcame my deficits. I asked a lot of questions and recognized how imperative it was to build positive relationships with our auction partners. This piece is crucial.
AR: What is the top trend/storyline in the remarketing industry that you’re watching this year?
MG: How amazing our industry was in adjusting to other ways to get sales moving. Witnessing the shift in on-site auction sales to utilizing simulcast auction sales more due to the pandemic.
AR: What is something you would tell your younger self if you could go back to when you started your career in remarketing?
MG: Create a more sophisticated and flexible online platform just in case a pandemic hits 🙂
Don’t be intimidated by new challenges when you first begin. There is a learning curve, but embrace it.