AM - RV Risk

About Company:

Our client is is a leading German multinational manufacturer of luxury automobiles and motorcycles, headquartered in Munich, Germany. Founded in 1916, company is renowned for its innovation, premium quality, advanced engineering, and performance-oriented vehicles. also investing heavily in electric mobility, digital technologies, and sustainable manufacturing to shape the future of transportation.

An Ideal Candidate:

Ideal Candidate should have 7+ yrs if experience in RV (Residual Value risk) in Automobile/ Relevant industry with Masters degree in economics, mathematics, statistics qualification. Professional experience in risk management area, specifically in RV risk management is preferred.

Key Competencies:

1. Responsible for enhancement and implementation of the local RV risk management guideline and ensure adherence to the Group guidelines.
2. Responsible for the development and enhancement of RV risk management models, following Group methodologies, using all the available databases, ensuring that all relevant internal and external factors are considered, and localizing models/processes to fit market conditions. Regularly review RV models independently, manage methodological changes and derive management actions.
3. Conducts the Residual Value Expert Working Group meeting which includes members from company (Product, controlling, Sales planning, remarketing) and Financial services (Sales) and ultimately arbitrates and is responsible for the residual value setting process for new vehicles within this forum. Set Base RV and AMP regularly and obtain Risk Committee approval and implement in RRCM RV Module.
4. Support the development and implementation of RV risk bearing products, conduct necessary analysis required for the New Product Process, and ensure proper RV risk control and mitigation in new product/process.
5. Manage the standard RV risk costs and expected return ratio, according to central RV Risk Guideline, for new business booking and planning and the expected losses. Responsible for RV risk provisioning methodology and policy in alignment with Controlling.
6. Initiate measures and lead projects to further develop the local RV risk management (e.g. new products/processes, active asset management concept, and cooperations with vendors for external prognosis and data) and to comply with the regulatory changes.
7. Ensure data quality of RV risk data submissions. Provide HQ with required data for RV Statistics, RVar, and further on Leasing Standard.
8. Responsible for the timely preparation of monthly, quarterly and annual RV and market risk reports and analysis for internal and external distribution. Responsible for reporting automation and digitalization with data-driven strategy.