Job Description
A fast growing car manufacturer is seeking a Residual Value (RV) Manager lead their strategy and analysis of vehicle residual values, ensuring optimal lifecycle profitability. This role is crucial in shaping vehicle pricing, lease terms, retail programmes and remarketing strategies while supporting key business decisions. It’s based in London – 5 days a week.
This role would suit someone with a background in RV analysis, pricing, leasing and remarketing within the automotive industry within an OEM, fleet/leasing/finance company or residual value setter environment.
Key Responsibilities:
- Monitor and forecast residual values for new and used vehicles
- Monitor and forecast residual values for new and used vehicles for competitor brands and models, including best practice analysis.
- Analyse micro and macroeconomic trends and industry insights affecting vehicle depreciation.
- Work with residual value setters, leasing, finance and retailers to optimise residual values.
- Work with internal stakeholders to optimise residual values within sales targets, throughout vehicle lifecycles, including fleet and retail sales and marketing departments.
- Develop RV strategies for new models, ensuring competitive pricing and fleet optimisation.
- Advise on vehicle pricing, volume and channel mix strategies,
- Use market intelligence tools (e.g. Autotrader, CAP HPI) to assess future vehicle values.
- Provide regular RV performance reports and recommendations to senior management.
- Develop tools for vehicle depreciation and residual risk management.
- Manage the pricing and volume strategy for used car trade sales on a day-to-day basis.
- Work closely with internal stakeholders to align RV strategies with business objectives.
- Maintain strong relationships with external partners, including fleet and leasing companies, auction houses, retailers, public relations and residual value setters.
About You
- Background in RV analysis, pricing, leasing and remarketing within the automotive industry within an OEM, fleet/leasing/finance company or residual value setter environment.
- Strong understanding of automotive finance, leasing, and remarketing processes.
- Experience with data analysis, forecasting, and valuation tools.
- In-depth knowledge of UK automotive trends, residual value history, and economic impacts on RVs.
- Commercial acumen with the ability to balance risk and profitability in setting RV strategies.
- Comfortable presenting data-driven insights to senior stakeholders internally and industry bodies/customers externally.
- Ideally educated to “A” Level or degree standard
- Able to work in London
- A flexible approach and happy working in a fast-paced, evolving business
Copeland Automotive Recruitment are committed to helping our clients build diverse and inclusive workplaces where everyone feels valued and can contribute their unique perspectives. We encourage applications from individuals of all backgrounds, including race, ethnicity, gender, age, disability, sexual orientation, and religious beliefs.