At a Glance
- Tasks: Lead market forecasting for the UK automotive sector using advanced quantitative analysis.
- Company: Motability Operations, a key player in the automotive leasing industry.
- Benefits: Competitive salary, professional development opportunities, and a collaborative work environment.
- Other info: Engage with industry experts and promote best practices in forecasting.
- Why this job: Make impactful decisions that shape the future of vehicle values in a dynamic market.
- Qualifications: Strong background in economic forecasting or quantitative risk analysis is essential.
The predicted salary is between 54000 - 66000 £ per year.
The Market & Risk Forecasting Lead will own Motability Operations’ quantitative outlook for the UK automotive market and used-vehicle market, providing the economic and market forecasting that underpins our view of future vehicle values.
Sitting at the intersection of economics, quantitative modelling, automotive markets and financial risk, you will combine econometric analysis, market evidence and expert judgement to develop our central market outlook, sensitivities and alternative scenarios.
The outputs of this role inform some of Motability Operations' most financially significant decisions, including residual value assumptions, pricing, fleet valuation, provisions and portfolio risk management across the UK's largest car leasing fleet.
You do not need to come from the automotive industry.
We are particularly interested in people with strong backgrounds in economic forecasting, quantitative risk, asset-value modelling or applied econometrics who are interested in applying those skills to the automotive market.
You will report to the Head of Residual Value & SMR Risk within the Asset Risk Division.
As part of the role, you will
- Own Motability Operations’ quantitative outlook for the UK automotive and used-vehicle market, including the central forecast, key assumptions, sensitivities and alternative scenarios that underpin our view of future vehicle values.
- Analyse how macroeconomic factors such as economic growth, inflation, employment, interest rates and consumer affordability influence vehicle values.
- Work with the Risk Modelling Team, who operate and maintain the underlying forecasting models, to ensure model outputs appropriately support the market outlook and the decisions that rely upon it.
- Define the economic and market assumptions, scenarios and analytical questions that need to be reflected through the forecasting models.
- Review and challenge model updates and outputs presented by Risk Modelling, combining quantitative evidence with automotive market intelligence and expert judgement to determine the implications for the overall outlook.
- Assess whether historical relationships and model outputs remain appropriate as economic conditions, consumer behaviour and the automotive market evolve.
- Translate modelling outputs and wider market evidence into a clear, coherent market narrative for senior stakeholders and decision-making forums.
- Provide key forecasting inputs into quarterly Residual Value Reviews and fleet revaluations across our vehicle portfolio.
- Work closely with Residual Value analysts to ensure top-down economic and market forecasts are appropriately reflected in vehicle-level assumptions.
- Partner with Pricing, Finance, Risk, Data & Insight and other teams to understand the commercial and financial implications of changes in the outlook.
- Work with Risk Modelling to identify opportunities to strengthen forecasting methodologies, including requirements for model development, back‑testing, sensitivity analysis and assessment of structural market changes.
- Ensure forecasting models and assumptions are appropriately governed, documented and subject to effective review and challenge.
Monitor developments in the economy and automotive market, identifying emerging risks and assessing whether historical relationships remain appropriate.
- Engage with external economists, industry bodies, data providers and market experts where appropriate to challenge and strengthen our outlook.
- Promote best practice in quantitative forecasting, model governance and knowledge sharing across Asset Risk.
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Market & Risk Forecast Lead in London employer: Motability Operations Ltd
Motability Operations is an exceptional employer that prioritises employee growth and development, particularly in the Talent Acquisition Lead role. With a strong focus on building capability within a supportive team environment, employees benefit from structured career progression, comprehensive training, and the opportunity to influence strategic hiring practices. Located in a dynamic setting, the company fosters a culture of inclusivity and collaboration, ensuring that every team member plays a vital role in enhancing the recruitment experience for both candidates and hiring managers.
StudySmarter Expert Advice🤫
We think this is how you could land Market & Risk Forecast Lead in London
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We think you need these skills to ace Market & Risk Forecast Lead in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Motability Operations Ltd.
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How to prepare for a job interview at Motability Operations Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Motability Operations Ltd.
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✨Show Your Passion for Finance
Since this is a full-time position, employers at Motability Operations Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Motability Operations Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
