Full-Time

Business Operations Manager

Posted on 1/13/2025

CarMax

CarMax

10,001+ employees

Retailer of used cars with no-haggle pricing

Automotive & Transportation
Consumer Software
Financial Services

Compensation Overview

$87.3k - $152.7kAnnually

Mid, Senior

Newport Beach, CA, USA + 4 more

More locations: Los Angeles, CA, USA | Irvine, CA, USA | Riverside, CA, USA | San Diego, CA, USA

Flexibility to work at multiple locations or relocate.

Category
Project Management
Business Development
Operations & Logistics
Business & Strategy
Required Skills
Management
Requirements
  • 3+ years management experience, retail management experience preferred
  • Bachelor’s Degree a plus
  • Intermediate PC skills
  • Multi-task in a high energy, fast-paced work environment
  • Speak, listen, and write effectively in interactions with customers and associates across departments
  • Make independent judgments regarding critical business decisions
  • Read, interpret, and transcribe data in order to maintain accurate records
  • Identify business opportunities and suggest improvements
  • Completion of CarMax provided training
Responsibilities
  • Manages and oversees team of, generally, 10 – 30 associates to ensure an iconic customer experience is delivered through all internal and external interactions of buying and selling a car
  • Interviews, hires, creates a culture of continuous learning, and promotes associates to support store operations and help fuel company growth
  • Develops associates through timely and effective feedback, to include observations, file reviews, development plans, performance management, and the Annual Performance Review (APR) process
  • Creates an exciting and engaging environment for our associates through consistent use of engagement tools, such as round tables, one-on-ones, and Associate Voice Engagement Meetings
  • Champions and implements both company and store initiatives for consistent execution and continuous improvement
  • Reviews internal data and leads weekly store meetings focused on driving excellent compliance, strong process execution, and attentive protection of assets
  • Utilizes reports, analyzes information, displays financial responsibility through P&L management, and identifies opportunities for process improvements and waste reduction in business processes
  • Responsible for learning, teaching, and managing business practices to follow all federal, state, and local regulations
  • Builds and maintains relationships with state and/or local agencies and other vendors, as needed to conduct business
  • As a member of the store’s Senior Management team, models CarMax company values and leadership in all interactions
Desired Qualifications
  • Retail management experience preferred
  • Bachelor’s Degree a plus

CarMax is a leading retailer in the used car market in the United States, known for its no-haggle pricing system that simplifies the buying process for customers. The company buys used cars, reconditions them, and sells them at competitive prices, while also offering financing options and extended service plans. CarMax stands out from competitors by prioritizing transparency and trust, as well as focusing on employee well-being, including hiring military veterans. The goal of CarMax is to continuously improve its services and maintain its position as the largest retailer of used cars in the U.S.

Company Stage

IPO

Total Funding

N/A

Headquarters

Richmond, Virginia

Founded

1993

Simplify Jobs

Simplify's Take

What believers are saying

  • CarMax's virtual assistant Skye enhances customer interaction and satisfaction.
  • The rise of online car buying aligns with CarMax's technology-driven sales approach.
  • Increased demand for used EVs provides CarMax an opportunity to expand its inventory.

What critics are saying

  • Competition from online-only platforms like Vroom and Carvana could erode CarMax's market share.
  • Rising interest rates may make financing options more expensive, reducing sales.
  • Recent layoffs could impact employee morale and customer service quality.

What makes CarMax unique

  • CarMax offers a no-haggle pricing system, ensuring stress-free transactions for customers.
  • The company integrates technology, allowing online browsing, appraisals, and purchases.
  • CarMax's commitment to employee well-being includes hiring military veterans and offering comprehensive benefits.

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Benefits

Professional Development Budget

Flexible Work Hours

INACTIVE