Head of Residual Value Risk

This role combines risk management expertise, business acumen, and technical fluency. You will translate model outputs and market drivers into actionable residual value decisions and provide clear, compelling communication to senior leadership.

  • Develop, deliver, and maintain the bank's strategy for assessing vehicle residual values, focusing on forecasts used in loan originations and portfolio valuations, ensuring alignment with market conditions, remarketing performance, and portfolio risk.
  • Develop, deliver, and maintain analysis of remarketing, auction, and used vehicle trends to inform risk positioning and support governance committee discussions.
  • Validate actual sales performance versus residual value forecasts, investigating variances and recommending corrective actions to support future loan originations.
  • Assess ongoing financial and risk implications of residual value decisions and communicate trade-offs to leadership.
  • Translate residual value drivers into clear risk narratives and financial impact summaries.
  • Partner with analytics teams to validate and challenge model outputs from a risk perspective.
  • Build and deliver analysis to support risk assessment and leadership reporting.
  • Collaborate with Remarketing, Risk, and Analytics/IT teams on data requirements and reporting enhancements.
  • Handle ad hoc risk requests, delivering presentations and recommendations to senior management.
  • Support governance and rollout of new residual value forecast models.
  • Lead standardisation and automation of residual value risk reporting across FCE markets.
  • Lead and mentor a team of analysts, providing guidance on priorities and supporting career development.
  • Foster a collaborative culture that balances risk discipline with business pragmatism.

    Bachelor's or Master's degree in Business, Finance, Economics, Risk Management, Statistics, or a related field.
  • 7+ years of experience in residual value setting, risk management, automotive finance, or used vehicle market analysis.
  • 7+ years of team leadership experience, including proven coaching and performance management capability.
  • Strong understanding of the impact of residual values on financial and capital performance, including reserves, exposures, and capital stress testing.
  • Working knowledge of data modelling concepts (statistical, econometric, or machine learning) with the ability to assess and challenge model outputs.
  • Familiarity with data and visualisation tools such as SQL, Python, GCP BigQuery, Alteryx, Power BI, and QlikSense.
  • Strong business and risk acumen, with the ability to turn analytics into actionable insights.
  • Excellent communication skills and confidence presenting to senior leaders.
  • Strong stakeholder management and cross-functional collaboration skills.
    • Desirable:
  • 10+ years of experience in an automotive-related industry, including used vehicles, remarketing, sales, or finance.
  • Experience in financial risk management (credit, market, or residual value risk), including interaction with regulators.
  • Previous leadership experience within Risk, Finance, or Business Planning.
  • Technical fluency to engage effectively with Data Science and Analytics teams on model logic and assumptions.
  • Strong time management skills with the ability to manage multiple priorities simultaneously.
  • Demonstrated sound judgement and decision-making in situations with limited information.
  • Ability to translate ambiguous business questions into analytical requirements and communicate results back into business terms.
  • Curious, detail-oriented, and proactive in validating data and investigating discrepancies.
  • Growth mindset with a commitment to risk management excellence and continuous technical development.
Back to blog

Other Jobs To Apply

No other job posts for this day.

Common Interview Questions And Answers

1. HOW DO YOU PLAN YOUR DAY?

This is what this question poses: When do you focus and start working seriously? What are the hours you work optimally? Are you a night owl? A morning bird? Remote teams can be made up of people working on different shifts and around the world, so you won't necessarily be stuck in the 9-5 schedule if it's not for you...

2. HOW DO YOU USE THE DIFFERENT COMMUNICATION TOOLS IN DIFFERENT SITUATIONS?

When you're working on a remote team, there's no way to chat in the hallway between meetings or catch up on the latest project during an office carpool. Therefore, virtual communication will be absolutely essential to get your work done...

3. WHAT IS "WORKING REMOTE" REALLY FOR YOU?

Many people want to work remotely because of the flexibility it allows. You can work anywhere and at any time of the day...

4. WHAT DO YOU NEED IN YOUR PHYSICAL WORKSPACE TO SUCCEED IN YOUR WORK?

With this question, companies are looking to see what equipment they may need to provide you with and to verify how aware you are of what remote working could mean for you physically and logistically...

5. HOW DO YOU PROCESS INFORMATION?

Several years ago, I was working in a team to plan a big event. My supervisor made us all work as a team before the big day. One of our activities has been to find out how each of us processes information...

6. HOW DO YOU MANAGE THE CALENDAR AND THE PROGRAM? WHICH APPLICATIONS / SYSTEM DO YOU USE?

Or you may receive even more specific questions, such as: What's on your calendar? Do you plan blocks of time to do certain types of work? Do you have an open calendar that everyone can see?...

7. HOW DO YOU ORGANIZE FILES, LINKS, AND TABS ON YOUR COMPUTER?

Just like your schedule, how you track files and other information is very important. After all, everything is digital!...

8. HOW TO PRIORITIZE WORK?

The day I watched Marie Forleo's film separating the important from the urgent, my life changed. Not all remote jobs start fast, but most of them are...

9. HOW DO YOU PREPARE FOR A MEETING AND PREPARE A MEETING? WHAT DO YOU SEE HAPPENING DURING THE MEETING?

Just as communication is essential when working remotely, so is organization. Because you won't have those opportunities in the elevator or a casual conversation in the lunchroom, you should take advantage of the little time you have in a video or phone conference...

10. HOW DO YOU USE TECHNOLOGY ON A DAILY BASIS, IN YOUR WORK AND FOR YOUR PLEASURE?

This is a great question because it shows your comfort level with technology, which is very important for a remote worker because you will be working with technology over time...