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 50000 - 65000 € 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 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
✨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. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Show off your skills! Prepare a portfolio showcasing your experience with residual values and asset management. Use real examples to demonstrate how you've tackled challenges in the past.
✨Tip Number 3
Stay updated on industry trends! Follow automotive news and developments, especially around new technologies. This knowledge will help you impress during interviews and show that you're passionate about the field.
✨Tip Number 4
Apply through our website! We make it easy for you to find roles that match your skills. Plus, it shows us you're genuinely interested in joining our team at StudySmarter.
We think you need these skills to ace RV Manager
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 key responsibilities outlined in the job description.
Showcase Your Methodology Skills:When discussing your previous work, emphasise any models or methodologies you've developed. We love seeing candidates who can demonstrate their ability to create robust prediction models that adhere to asset management policies.
Highlight Your Monitoring Experience:Don’t forget to mention any experience you have with portfolio monitoring. We’re looking for someone who can identify root causes for deviations and adapt settings accordingly, so share relevant examples!
Apply Through Our Website:Finally, make sure to submit your application through our website. It’s the best way for us to keep track of your application and ensure it gets the attention it deserves!
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, highlight your experience with data analysis and modelling. Bring examples of how you've previously monitored portfolios or adapted settings based on market behaviour. This will demonstrate your ability to manage risk effectively.
✨Build Relationships
Talk about your experience in liaising with manufacturers or other stakeholders. Discuss how you’ve built relationships in the past to stay updated on vehicle technologies. This is crucial for understanding market reactions and will show your proactive approach.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical situations related to RV settings or portfolio monitoring. Practice articulating your thought process clearly and logically. This will help you convey your problem-solving skills and strategic thinking.
