At a Glance
- Tasks: Lead the forecasting of financial risks and manage residual value and service maintenance.
- Company: Join a leading organisation focused on asset risk management.
- Benefits: Attractive salary, comprehensive benefits, and opportunities for professional growth.
- Why this job: Make a significant impact on financial strategies in a dynamic environment.
- Qualifications: Experience in risk management and strong analytical skills.
- Other info: Exciting career progression opportunities in a supportive team.
The predicted salary is between 43200 - 72000 £ per year.
The Head of Residual Value (RV) and Service, Maintenance and Repair (SMR) Risk sits in the Asset Risk Division, which has the responsibility for forecasting Motability Operation's key financial risks, including Residual Value and SMR, Insurance Lease Pricing, Economic Capital, as well as producing the customer pricing (Car, WAV PWSS). This role is accountable for delivering residual value.
Head of RV & SMR Risk in London employer: Motability Operations
Contact Detail:
Motability Operations Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of RV & SMR Risk in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those who work in asset risk or related fields. A friendly chat can open doors and give you insights that might just land you that interview.
✨Tip Number 2
Prepare for the interview by researching the company and its financial risks. Knowing the ins and outs of RV and SMR will show you're serious about the role and ready to tackle those challenges head-on.
✨Tip Number 3
Practice your answers to common interview questions, but don’t sound rehearsed. We want you to be authentic and let your personality shine through while discussing your experience with residual value and risk management.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can keep you fresh in their minds and shows your enthusiasm for the position. Plus, it’s a great chance to reiterate why you’re the perfect fit!
We think you need these skills to ace Head of RV & SMR Risk in London
Some tips for your application 🫡
Read the Job Description Thoroughly: Before you start your application, take a moment to really dive into the job description. Understanding the key responsibilities and requirements will help you tailor your application to show us why you're the perfect fit for the Head of RV & SMR Risk role.
Showcase Your Relevant Experience: When writing your application, make sure to highlight your experience related to residual value and service, maintenance, and repair risk. We want to see how your background aligns with the responsibilities outlined in the job advert, so don’t hold back!
Be Clear and Concise: Keep your application clear and to the point. Use straightforward language and avoid jargon unless it’s relevant to the role. We appreciate a well-structured application that makes it easy for us to see your qualifications at a glance.
Apply Through Our Website: Don’t forget 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 position. Plus, it helps us keep everything organised on our end.
How to prepare for a job interview at Motability Operations
✨Know Your Numbers
As the Head of RV & SMR Risk, you'll need to demonstrate a solid understanding of financial forecasting. Brush up on key metrics related to residual value and service maintenance costs. Be ready to discuss how you would approach forecasting these risks and any relevant experience you have.
✨Understand the Market
Familiarise yourself with current trends in the automotive market, especially those affecting residual values and maintenance costs. Being able to reference recent market changes or economic factors during your interview will show that you're proactive and knowledgeable about the industry.
✨Prepare for Scenario Questions
Expect to face scenario-based questions that assess your problem-solving skills. Think about past experiences where you've successfully managed risk or made strategic decisions. Use the STAR method (Situation, Task, Action, Result) to structure your answers clearly.
✨Showcase Leadership Skills
As a head of a division, leadership is key. Be prepared to discuss your leadership style and how you motivate teams. Share examples of how you've led projects or initiatives in the past, particularly those that involved cross-functional collaboration or significant financial impact.