Residual Value (RV) Manager
A leading financial services company specializing in the automotive sector is seeking an experienced and analytical Residual Value Manager.
Responsibilities:
* Act as a 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.