Residual Value Model Delivery Manager - 12 Month Secondment / FTC

We support flexible working. Flexible Working Options: Hybrid Working, Job Share.

Residual Value management is critical in supporting the Electric Vehicle (EV) transition, which is a key pillar in LBG's purpose of Helping Britain Prosper by Keeping Britain Mobile. Reporting into the Senior Manager Residual Value (RV) Development, you'll own and manage the researching of existing and emerging trends and relationships impacting upon used vehicle market values, incorporating them into the RV forecasting modelling processes. We thrive on supporting our customers and relationship management is key to ensure cross business balancing. You'll develop a broad network, collaborating across the Transport business and its support functions, Vehicle Manufacturers and other external market insight providers as you input into other strategic topics.

Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at our Manchester Westminster House office.

What you'll be doing:

• Transforming our residual value forecasting capability.
• Working across Residual Value Development, Pricing, Data Science and Risk.
• Delivering a new machine learning-led forecasting model that supports better commercial decisions and risk management.
• Translating business requirements into analytical solutions, supporting model testing and governance activity.
• Providing insight on model performance against historic approaches, market benchmarks and real-world vehicle outcomes.
• Building deep expertise in automotive markets, used vehicle pricing and the factors that influence residual values.

Why join us?

We're on an exciting journey to transform our Group and the way we're shaping finance for good. We're focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.

What we're looking for:

• 3+ years' experience in residual value forecasting, vehicle valuations, automotive pricing, remarketing, model development, econometric techniques or a closely related analytical field.
• Experience supporting complex project delivery or model implementation activity, including requirements gathering, testing, issue tracking or stakeholder coordination.
• Strong analytical skills, with experience working with large or complex datasets, reconciling outputs and drawing out clear, practical insights.
• Experience producing clear written summaries, reporting materials or visualisations that make analysis accessible for project teams, governance forums or senior stakeholders.
• Strong stakeholder management skills, with the ability to work collaboratively across technical and business teams, including data, pricing, risk or governance colleagues.
• A problem-solving approach, with the confidence to investigate anomalies, work through ambiguity and explain findings clearly.
• Experience working with machine learning models, model validation or model governance frameworks would be useful.
• Knowledge of used vehicle markets, automotive finance, leasing or fleet management.
• Experience comparing model outputs against benchmarks, legacy methodologies or actual market performance.
• Experience supporting risk, governance or approval processes within a regulated environment.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

This is a place for you. Our ambition is to be the leading UK business for diversity, equity, and inclusion supporting our customers, colleagues, and communities. We commit to crafting an environment in which everyone can thrive, learn, and develop. We provide reasonable adjustments during recruitment to reduce or remove barriers. Just let us know what you need.

Benefits:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can tailor to your lifestyle, such as discounted shopping
• 30 days' holiday, plus bank holidays
• A range of wellbeing initiatives and generous parental leave policies

Company Culture:

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're focused on creating a value-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we're building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.