Automotive Residual Value Strategist
4 weeks ago
We are seeking a highly skilled Automotive Residual Value Strategist to join our team at INEOS Automotive.
About the Role
- This is a new role within our recently created department, where you will be responsible for developing and implementing strategic residual value management throughout the business.
- You will lead the residual value management process for new and mid-cycle refresh vehicles, providing expert analysis and insights to inform business decisions.
- Your responsibilities will include building and maintaining RV analytics, lifecycle analysis, used car market insights, and forecasting future nameplates.
Key Responsibilities
- Develop and manage Residual Value (RV) methodology to drive informed business decisions.
- Provide full-service RV support, including building and maintaining RV analytics, lifecycle analysis, used car market insights, and forecasting of future nameplates.
- Lead the residual value management process for new and mid-cycle refresh vehicles, ensuring accurate forecasting and competitive positioning.
- Interface with Product Strategy and Management to establish forecast residual values and competitive position through the gateway process from product concept to launch.
- Influence and align on residual forecasts with markets while managing introduction of new vehicles to VIP residual value influencers.
- Responsible for the launch process through RV forecasting and competitive position optimization, interacting with Product and Design Teams at early launch gateways.
- Research emerging trends and relationships impacting used vehicle market values and incorporate them into RV forecasting modeling processes to mitigate risks associated with changing business and economic circumstances and market dynamics.
Requirements
- Proven track record within the automotive industry.
- Practical working experience within the used car industry and residual value knowledge.
- Commercially astute, with experience of residual value management.
- Strong analytical skills.
- Able to perform advanced-level data analysis, including trending/interpolation, and build supporting argumentation.
- Ability to articulate complex matters simply.
Estimated Salary: £80,000 - £110,000 per annum depending on experience.
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