Buyer, Off-price Goods

Northbrook, IL

About Hilco Global: Hilco Global (www.hilcoglobal.com) is a privately held diversified financial services company and the world's preeminent authority on maximizing the value of assets for both healthy and distressed companies. Hilco Global operates as a holding company comprised of over twenty specialized business units that work to help companies understand the value of their assets and then monetize that value. Hilco Global has a 30-year track record of acting as an advisor, agent, investor and/or principal in any transaction. Hilco Global works to deliver the best possible result by aligning interests with clients and providing them strategic insight, advice, and, in many instances, the capital required to complete the deal. Hilco Global is based in Northbrook, Illinois and has 600 professionals operating on five continents.

About Hilco Merchant Resources (HMR): Hilco Merchant Resources (www.hilcomerchantresources.com) provides a wide range of analytical, advisory, monetization, and capital investment services to help define and execute a retailer’s strategic initiatives. The firm’s activities fall into several principal categories including acquisitions; disposition of underperforming stores; retail company or division wind downs; event sales to convert unwanted assets into working capital; interim company, division or store management teams; loss prevention; and, the monetization of furniture, fixtures and equipment. Hilco Merchant Resources is part of Northbrook, Illinois based Hilco Global (www.hilcoglobal.com), the world’s leading authority on maximizing the value of business assets by delivering valuation, monetization and advisory solutions to an international marketplace. Hilco Global operates more than twenty specialized business units offering services that include asset valuation and appraisal, retail and industrial inventory acquisition and disposition, real estate repositioning and renegotiation, strategic advisory, operational consulting and strategic capital equity investments.

The Opportunity

Hilco Merchant Resources is looking to add the expertise of a Buyer of Off-price Goods to their growing Wholesale team. We are experiencing significant market growth due to a number of factors that suggest steady acceleration for years to come. This is an excellent opportunity to achieve professional and financial growth and success.

This person will thrive in a highly stable company setting that is also extremely entrepreneurial and team oriented, but will also be empowered to be independent and autonomous. This position will involve strategizing with management, performing all activities associated with buying goods for resale and the opportunity to facilitate change by evaluating financial results.

Responsibilities

  • Work closely with management and our resale team members to develop and implement quarterly and annual buying and resale strategies and plans designed to purchase and resell consumer goods to off-price and other retailers and through large marketplaces (such as Amazon and Walmart).
  • Identify, negotiate price and other terms for, and source consumer goods for resale consistent with the strategies and plans.
  • Leverage your and Hilco’s existing networks to identify sellers (aka vendors or suppliers) and purchasers of consumer goods consistent with the strategies and plans, and continue to expand your and Hilco’s network of sellers and purchasers.
  • Assist the sales team with selling consumer goods consistent with the strategies and plans.
  • Build and assist with building financial models illustrating net return to Hilco from the purchase and resale of consumer goods, including identifying and including estimated sourcing, sorting, logistics, and other costs.
  • Critically evaluate and compare actual financial results against modeled financial results and develop and implement changes based on learnings.

Qualifications

  • Bachelor’s Degree required
  • 3+ years of buying experience in the off-price space
  • Willingness to travel 10-25% throughout North America
  • Ability to communicate with people at all levels, both verbally and in writing.
  • Attention to detail and accuracy
  • Must be proficient in Microsoft Excel and PowerPoint
  • Must enjoy working in a fast-paced environment

Relocation available.

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