Residual Value (RV) Manager| Permanent | Dublin (Hybrid) Our client is a leading financial services company that specialises in the automotive sector.
They are seeking an experienced and analytical Residual Value Manager.
This role is crucial in managing end-of-contract asset values (Residual Values), which directly impact customer leasing and finance agreements.
Responsibilities Act as the subject matter expert (SME) in assessing the local new and used car market.
Predict the future values of vehicles, influencing pricing strategies.
Oversee residual value assessments for existing and upcoming vehicles, including new powertrain technologies (Electric Vehicles, Plug-in Hybrids, etc.).
Conduct market research, engage with third-party experts, and analyze global, European, and local trends.
Collaborate with stakeholders on new model specifications and planning.
Evaluate remarketing data and monitor non-branded vehicles to ensure appropriate RV setting.
Present insights clearly to various stakeholders.
Manage bi-annual and ad-hoc RV Committee meetings.
Develop and implement local RV policies and procedures.
Risk Management, report quarterly risk provisions to senior stakeholders, directly impacting the Profit & Loss (P&L) Support various departments in decision-making related to vehicle remarketing.
Approve commercial pricing, demonstrating strong commercial and risk management awareness.
Act as a pricing consultant for leasing tenders exceeding 20 vehicles.
Oversee a portfolio of approximately 40,000 contracts valued at €480 million.
Requirements Third-level qualification preferred.
10+ years of experience in the automotive finance industry.
3+ years of experience in new and used vehicle sales.
Proven ability to assess residual values from both risk and commercial perspectives.
Strong analytical skills and ability to forecast used vehicle market trends.
Experience in stakeholder management, including third-party relationships.
Expertise in operational risk management and pricing strategy development.
Ability to analyze large datasets and present insights to senior leadership.
Advanced Excel skills and proficiency in Microsoft Office Suite.
Strong influencing skills, assertiveness, and the ability to make sound decisions.
Excellent communication skills, with a clear and logical approach.
Highly organized, with the ability to manage multiple priorities.
Team player with a strong sense of initiative and accountability.
Skills:
Residual Value Setting vehicle remarketing risk management