At a Glance
- Tasks: Lead the Asset Risk strategy and manage a team to forecast financial risks.
- Company: Join a leading automotive leasing organisation in Central London.
- Benefits: Enjoy a competitive salary, hybrid working, and professional development opportunities.
- Why this job: Be at the forefront of the transition to electric vehicles and influence key financial decisions.
- Qualifications: Degree in Economics or related field; 8+ years of leadership experience required.
- Other info: Opportunity to work closely with senior leadership and drive impactful change.
The predicted salary is between 100000 - 150000 £ per year.
Salary - Up to £125,000 plus Benefits
Location - Central London (Hybrid)
Robert Half are exclusively partnered with a leading automotive leasing organisation who are recruiting for the Head of Residual Value (RV) and Service, Maintenance and Repair (SMR) Risk. You will be part of the Senior Leadership Team within the Asset Risk Division, which has the responsibility for forecasting our clients' operation's key financial risks, including Residual Value and SMR, Insurance Lease Pricing, Economic Capital, as well as producing the customer pricing.
Reporting to the Chief Asset Risk Officer, this role is accountable for delivering residual value and SMR budget forecasts and revaluations of existing forecasts for vehicles on fleet as well as the narrative around the past and future vehicle products and values. This role is key in understanding the transition to electric vehicles and its impact on depreciation dynamics.
Key Responsibilities:- You will drive the Asset Risk strategy and ensure success of AR objectives by steering and prioritising AR activity and ways of working as a member of our SLT.
- You will lead and develop a team of experts, ensuring they develop and maintain the skills and knowledge needed, remain engaged, and are passionate about effective communication and stakeholder management.
- You will be drawing on broader AR operations support on data & insight, modelling and tools via our matrix way of working, driving objectives for the wider division.
- You will work closely with wider business SLT to drive and ensure delivery of strategic objectives, as well as sharing Asset Risk insight.
- You will be accountable for delivering the quarterly RV and SMR Reviews and fleet revaluations, including the systems, tools and processes that support RV&SMR risk activity e.g. chairing the cross-functional RV Forum and SMR forum.
- You will be accountable for leading the continuous development of our RV and SMR forecasting approaches as well as supporting outlooks.
- You will be accountable for delivering the 5+ year outlook for RVs and SMR budgets, incorporating key factors such as industry and volume and risk dynamics, ensuring data informs our understanding of current and future pricing and producing strong insight and story-led narratives.
- You will be responsible for managing the financial budget of your team, including associated consultancy spend.
- You will champion our purpose of unbiased storytelling grounded in data and expertise.
- You will work with the Asset Risk Leadership Team to ensure the requirements of the AR Operations Team are understood, planned and managed for all strategic projects and business as usual activity across the relevant time frames of 12 to 24 months.
- You will work with your fellow Strategic Leadership colleagues to develop strong Asset Risk colleague engagement & wellbeing through effective communication, development and training, recognition and inclusion.
- Ability to create and explain complex narratives to influence varied stakeholders, including ExCo members.
- Passionate about the intersection of automotive industry, wider economy and consumer choices, and using data to create meaningful insight, building convincing narratives for the future.
- Confident in ensuring data accuracy feeding models, insight and forecasts.
- Comfortable living in the 'grey', predicting a central path while sizing the risks and alternative outcomes and taking a proactive lead on risk management.
- Ability to bring together a matrix team to deliver outcomes and drive change.
- Commercial awareness: Can understand the business environment, market trends, and the financial impact of decisions to align models with the organisation's strategic goals.
- Ability to develop solutions for complex financial problems.
- A degree in Economics, Actuarial Science, Statistics, Mathematics or a related field is usually required.
- Extensive experience of delivering both strategic insight and key operational activities to a group of multiple stakeholders in a matrix management model.
- Over 8 years experience of leading a team, delivering data based outlooks and complex narratives.
- Experience of delivering insight that has made tangible changes in a commercial environment.
- Master's Degree in fields like Economics, Data Science, Business Analytics, or a related discipline.
Head of Risk employer: Robert Half
Contact Detail:
Robert Half Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Risk
✨Tip Number 1
Familiarise yourself with the latest trends in the automotive industry, especially regarding electric vehicles. Understanding how these trends impact residual values and maintenance costs will help you engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the asset risk and automotive sectors. Attend industry events or webinars to connect with potential colleagues and leaders who can provide insights into the role and the company culture at StudySmarter.
✨Tip Number 3
Prepare to discuss your experience in leading teams and managing complex financial narratives. Be ready to share specific examples of how you've influenced stakeholders and driven change in previous roles.
✨Tip Number 4
Showcase your analytical skills by being prepared to discuss how you approach data accuracy and forecasting. Highlight any tools or methodologies you've used to improve insight generation and decision-making in your past positions.
We think you need these skills to ace Head of Risk
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly in the automotive sector. Emphasise your leadership roles and any specific achievements related to residual value and SMR forecasting.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the automotive industry and how your background aligns with the responsibilities of the Head of Risk role. Use specific examples to demonstrate your ability to create complex narratives and influence stakeholders.
Showcase Your Analytical Skills: Provide examples in your application that showcase your analytical skills and experience with data-driven decision-making. Highlight any tools or methodologies you have used for forecasting and risk assessment.
Highlight Team Leadership Experience: Discuss your experience in leading teams, particularly in a matrix management environment. Mention how you have developed team members' skills and maintained engagement, as this is crucial for the role.
How to prepare for a job interview at Robert Half
✨Understand the Role Inside Out
Make sure you thoroughly understand the responsibilities of the Head of Risk position. Familiarise yourself with key concepts like Residual Value and SMR, and be prepared to discuss how these impact financial forecasting and risk management.
✨Prepare Your Data Narratives
Since this role involves creating complex narratives from data, practice explaining your past experiences where you've successfully used data to influence stakeholders. Be ready to share specific examples that demonstrate your ability to communicate insights effectively.
✨Showcase Your Leadership Skills
As a leader, you'll need to inspire and develop your team. Prepare to discuss your leadership style and provide examples of how you've previously managed teams, particularly in a matrix environment. Highlight any successful projects that resulted from your guidance.
✨Stay Current on Industry Trends
Given the focus on the automotive industry and the transition to electric vehicles, make sure you're up-to-date with the latest trends and challenges. Be ready to discuss how these factors could influence residual values and risk management strategies.