Overview

CHERY UK Chiswick, England, United KingdomA Residual Value (RV) Manager is required to lead the 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.Key Responsibilities

Residual Value Analysis:Monitor and forecast residual values for new and used vehicles for all Chery brands.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 at Chery 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 retail and lease pricing and fleet optimisation.Advise on vehicle pricing, volume and channel mix strategies, taking into account future market conditions and depreciation trends.Data and Reporting:Use market intelligence tools and valuation datasets (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.Stakeholder Management:Work closely with finance, sales, product, marketing and remarketing teams 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.Qualifications / SkillsIndustry Knowledge:

Strong understanding of automotive finance, leasing, and remarketing processes.Analytical Skills:

Experience with data analysis, forecasting, and valuation tools.Market Awareness:

In-depth knowledge of UK automotive trends, residual value history, and economic impacts on RVs.Commercial Acumen:

Ability to balance risk and profitability in setting RV strategies.Communication Skills:

Comfortable presenting data-driven insights to senior stakeholders internally and industry bodies/customers externally.Experience:

Background in RV analysis, pricing, leasing and remarketing within the automotive industry within an OEM, fleet/leasing/finance company or residual value setter environment.Contact / Location

CHERY UK, Chiswick, England, United Kingdom

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