At a Glance
- Tasks: Analyse and propose future used values for cars and light commercial vehicles.
- Company: Join a leading company in the automotive sector at Silverstone Park.
- Benefits: Competitive salary, career growth, and opportunities to work on innovative projects.
- Other info: Collaborative environment with opportunities to engage with key automotive manufacturers.
- Why this job: Make a real impact on pricing strategies in the dynamic automotive market.
- Qualifications: Experience in Asset Risk and knowledge of vehicle residual values required.
The predicted salary is between 36000 - 60000 € per year.
The Residual Value Analyst/Manager works within the Asset Risk department 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.
RV Manager in Milton Keynes employer: Silverstone Technology Cluster Limited
At Silverstone Technology Cluster Limited, we pride ourselves on being an exceptional employer, offering a dynamic work environment at the heart of the automotive innovation hub in Silverstone. Our collaborative culture fosters professional growth through continuous learning opportunities and engagement with industry leaders, ensuring that our employees are well-equipped to excel in their roles. With competitive benefits and a commitment to work-life balance, we provide a rewarding experience for those looking to make a meaningful impact in the asset risk sector.
Contact Detail:
Silverstone Technology Cluster Limited Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land RV 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 join online forums to connect with potential employers and learn about hidden job opportunities.
✨Tip Number 2
Showcase your skills! Prepare a portfolio that highlights your experience with residual value proposals and modelling. Use real examples to demonstrate how you've successfully managed RV portfolios in the past.
✨Tip Number 3
Stay updated on industry trends! Follow automotive news and developments in vehicle technologies. This knowledge will not only impress interviewers but also help you understand how these changes impact residual values.
✨Tip Number 4
Apply through our website! We make it easy for you to find roles that match your skills. Plus, applying directly shows your enthusiasm and commitment to joining our team at StudySmarter.
We think you need these skills to ace RV Manager in Milton Keynes
Some tips for your application 🫡
Tailor Your Proposal:Make sure to customise your application to highlight your experience in asset risk and residual value analysis. We want to see how your skills align with the role, so don’t hold back on showcasing relevant projects or achievements!
Be Clear and Concise:When preparing your written application, clarity is key! Use straightforward language and get straight to the point. We appreciate well-structured proposals that are easy to read and understand.
Show Your Passion for the Automotive Industry:Let us know why you’re excited about working in the automotive sector! Share any experiences or insights you have about vehicle technologies and market trends, as this will help us see your enthusiasm for the role.
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’s super easy to do!
How to prepare for a job interview at Silverstone Technology Cluster Limited
✨Know Your Numbers
Make sure you brush up on your knowledge of residual values and the automotive market. Be prepared to discuss how you would approach developing accurate RV proposals and what methodologies you would use. This shows that you understand the core responsibilities of the role.
✨Showcase Your Analytical Skills
During the interview, be ready to demonstrate your analytical thinking. You might be asked to solve a problem or analyse a scenario related to RV portfolio behaviour. Practise explaining your thought process clearly and logically, as this will highlight your suitability for the role.
✨Build Relationships in Mind
Since liaising with Automotive OEMs is key, think about how you would approach building those relationships. Prepare examples of how you've successfully collaborated with stakeholders in the past, and be ready to discuss how you would maintain those connections to stay updated on vehicle technologies.
✨Prepare for Technical Questions
Expect some technical questions regarding data management and reporting. Brush up on your experience with data analysis tools and methodologies. Being able to articulate how you ensure data accuracy and security will impress the interviewers and show that you're detail-oriented.
