At a Glance
- Tasks: Influence risk strategy and manage Residual Values for a major automotive finance provider.
- Company: Join Ford Credit, a leader in automotive finance with a focus on innovation.
- Benefits: Competitive salary, diverse workplace, and opportunities for professional growth.
- Other info: Dynamic role with excellent career progression and a commitment to diversity.
- Why this job: Be at the forefront of electrification and new mobility models while making a real impact.
- Qualifications: Experience in Residual Value management and strong analytical skills required.
The predicted salary is between 50000 - 65000 ÂŁ per year.
This is a unique opportunity to influence the risk strategy of a major automotive finance provider at a pivotal time for the industry. As electrification, new mobility models, and changing ownership behaviours reshape the market, you will be at the forefront of protecting and optimizing Ford Credit’s balance sheet across the UK and Europe. Residual Value (RV) is one of the most critical drivers of profitability in vehicle finance. As an RV Specialist, you will play a key role in setting, managing, and governing Residual Values that balance risk discipline with commercial competitiveness. You’ll combine market insight, data analysis, and strategic thinking to support Ford Credit’s growth ambitions while mitigating financial risk.
Responsibilities
- Set and manage Residual Values across the portfolio in line with risk appetite and policy.
- Monitor RV exposure and proactively identify areas of risk concentration.
- Produce quarterly RV performance reviews and recommendations for senior leadership and risk committees.
- Support RV forecasting and financial reporting, including FINREP.
- Contribute to the objective of achieving zero‑loss vehicle returns while maintaining strong market positioning.
New Model & Product Launch Support
- Support new vehicle and model‑year launches through detailed RV analysis and external benchmarking.
- Partner with Ford Product, Marketing, and Sales teams to deliver competitive, residual‑based propositions.
- Ensure accurate and timely implementation of RVs across internal systems and dealer‑facing platforms.
- Maintain strong relationships with external data providers (CAP), trade guides, and auction platforms.
- Track used vehicle market trends, competitive positioning, and emerging industry risks.
- Collaborate with Remarketing and Ford of Britain teams to incorporate real‑world disposal and auction performance into RV assumptions.
- Ensure the quality, integrity, and governance of RV‑related data and systems.
- Provide cover and support for the RV Risk Manager when required.
- Act as a subject matter expert on RV risk for wider strategic initiatives within Ford Credit UK.
Qualifications
- Proven experience in Residual Value management within automotive leasing, finance, or risk.
- Experience operating in a regulated financial services environment.
- Strong understanding of the automotive market and competitive model ranges.
- Advanced data analysis skills, with high proficiency in Excel and PowerPoint.
- Ability to translate complex data into clear insights and recommendations for senior stakeholders.
- A proactive, improvement‑focused mindset and the ability to perform under pressure.
- Experience working closely with an automotive manufacturer or strong engagement with the motor trade.
- Degree in Finance, Mathematics, Data Science, or a related analytical discipline.
- Experience using data visualisation and reporting tools such as Power BI, Qlik, Tableau, or Looker.
Additional Information
The Company is committed to diversity and equality of opportunity for all and is opposed to any form of less favourable treatment or harassment on the grounds of race, religion or belief, sex, marriage and civil partnership, pregnancy and maternity, age, sexual orientation, gender reassignment or disability. This position is based in Dunton, and it is expected the successful candidate will be able to attend the Dunton Campus for typically 4 days a week and remain flexible on the days they are required to attend the office according to business requirements. As part of our pre‑employment checks process, successful candidates will be required to undergo a criminal record check. This will be conducted in line with the Rehabilitation of Offenders Act 1974 and applied only to unspent convictions.
RV Risk Specialist in Basildon employer: Motorsport Hackers
Contact Detail:
Motorsport Hackers Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land RV Risk Specialist in Basildon
✨Tip Number 1
Network like a pro! Reach out to folks in the automotive finance industry, especially those connected to Ford Credit. Attend industry events or webinars, and don’t be shy about sliding into DMs on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Prepare a portfolio that highlights your data analysis projects, especially those related to Residual Value management. Use real-world 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
Practice makes perfect! Get ready for interviews by rehearsing answers to common questions about risk management and data analysis. Use the STAR method (Situation, Task, Action, Result) to structure your responses. This will help you articulate your experience clearly and confidently.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, keep an eye on our careers page for any new opportunities that pop up. We’re always looking for talented individuals to join our team!
We think you need these skills to ace RV Risk Specialist in Basildon
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the RV Risk Specialist role. Highlight your experience in Residual Value management and any relevant data analysis skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the automotive finance industry and how you can contribute to Ford Credit's growth. Keep it engaging and personal – we love a good story!
Show Off Your Data Skills: Since this role involves a lot of data analysis, make sure to showcase your proficiency in tools like Excel and Power BI. Include specific examples of how you've used these skills to drive insights or improve processes in your previous roles.
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!
How to prepare for a job interview at Motorsport Hackers
✨Know Your Numbers
As an RV Risk Specialist, you'll be dealing with data analysis and residual values. Brush up on your understanding of key metrics in the automotive finance sector. Be prepared to discuss how you would approach setting and managing Residual Values, and have examples ready that showcase your analytical skills.
✨Market Insight is Key
Stay updated on current trends in the automotive market, especially around electrification and new mobility models. During the interview, demonstrate your knowledge of how these trends impact residual values and risk management. This will show that you’re not just a numbers person but also understand the broader market context.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams, including Product, Marketing, and Sales. Prepare examples of past experiences where you successfully collaborated with different departments. Highlight how you can contribute to competitive, residual-based propositions and maintain strong relationships with external data providers.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving abilities under pressure. Think about potential risks in RV management and how you would mitigate them. Practising these scenarios will help you articulate your thought process clearly and confidently during the interview.