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For Companies At a Glance
- Tasks: Analyse and propose future used values for cars and light commercial vehicles.
- Company: Join a leading automotive company focused on asset risk management.
- Benefits: Competitive salary, flexible working options, and opportunities for professional growth.
- Why this job: Make a real impact in the automotive market while developing your analytical skills.
- Qualifications: Experience in asset risk and knowledge of vehicle residual values required.
- Other info: Dynamic team environment with exciting projects and career advancement opportunities.
The RV analyst/Manager works within the Asset Risk dept and is responsible for proposing future used values within the passenger car and light commercial vehicle market. This crucial role establishes accurate residual values to ensure competitive pricing while maintaining a balanced approach to managing the risk to the business.
Key Responsibilities
- Prepare Proposals: Develop comprehensive residual value proposals and supporting documentation for quarterly Local Asset Management Committee reviews, including presentations for senior stakeholders.
- Model Development: Develop and maintain robust Residual Value (RV) prediction methodology models, ensuring their accuracy and adherence to agreed asset management policies.
- Portfolio Monitoring: Continuously monitor RV portfolio behaviour at both Sales Channel and Customer levels, identify root causes for deviations, and adapt RV settings as appropriate to achieve a balanced RV risk portfolio.
- Technology & Manufacturer Liaison: Stay abreast of all new vehicle and engine technologies by building relationships with key Automotive OEMs to understand how the used vehicle market will react to future vehicle developments and their impact on RV setting policies.
- Reporting & Impairment: Produce accurate monthly revaluation files detailing profit/loss.
- Contract Support: Provide residual values for all contract amendments, extensions, unusual specification vehicles, extreme contract parameters, or high-volume requirements.
- Data Management: Develop and maintain monitoring and controlling activities to ensure relevant data is stored and processed accurately and securely.
- Project Support: Support the Head of RV & SMR Risk with ad-hoc or workstream projects.
Essential Skills
- Experience of Asset Risk within the automotive/fleet or lease markets.
- Knowledge of Residual Value, service, maintenance and repair of vehicles.
Residual Value Analyst/Manager in Milton Keynes employer: Aspire Personnel Ltd
Contact Detail:
Aspire Personnel Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Residual Value Analyst/Manager in Milton Keynes
✨Tip Number 1
Network like a pro! Reach out to people in the automotive and asset risk sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Create a portfolio that highlights your experience with residual value proposals and modelling. Use real examples to demonstrate how you’ve tackled challenges in the past. This will make you stand out when chatting with potential employers.
✨Tip Number 3
Stay updated on market trends! Keep an eye on new vehicle technologies and how they affect residual values. Being knowledgeable about the latest developments will not only help you in interviews but also show that you’re genuinely interested in the field.
✨Tip Number 4
Apply through our website! We’ve got some fantastic opportunities waiting for you. Make sure to tailor your application to highlight your relevant experience in asset risk and residual values. Let’s get you that dream job!
We think you need these skills to ace Residual Value Analyst/Manager in Milton Keynes
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Residual Value Analyst/Manager role. Highlight your experience in asset risk and any relevant knowledge of the automotive market. We want to see how you fit into our team!
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past work that relate to the key responsibilities mentioned in the job description. This helps us see how you can contribute to our Asset Risk department.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon unless it's industry-specific. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Aspire Personnel Ltd
✨Know Your Numbers
As a Residual Value Analyst/Manager, you'll need to be comfortable with data and numbers. Brush up on your understanding of residual values and how they are calculated. Be ready to discuss your experience with asset risk and any relevant methodologies you've used in the past.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical skills during the interview. Bring examples of how you've developed or maintained RV prediction models. Discuss any challenges you faced and how you overcame them, as this will show your problem-solving abilities.
✨Stay Current with Industry Trends
Make sure you're up-to-date with the latest trends in the automotive industry, especially regarding new vehicle technologies. Be prepared to discuss how these developments could impact residual values and pricing strategies, as this shows your proactive approach to the role.
✨Engage with Stakeholders
Since the role involves preparing proposals for senior stakeholders, practice how you would present your findings clearly and confidently. Think about how you can engage with different stakeholders, including OEMs, and prepare to discuss your communication strategies.
