London
Asset Risk
About The Role
Reporting to the Vehicle Risk Manager, you will play a key role in managing Motability Operations (MO’s) asset risk by accurately and efficiently forecasting future residual values (RVs) and maintenance spends (SMR) for our car and WAV fleet.

As well as producing vehicle level RV and maintenance forecasts for our fleet on a quarterly basis, you will develop our understanding of the factors influencing the used car and service, maintenance and repair markets and how they may change in the future. In cross-functional forums and internal governance meetings, you will clearly articulate and explain the factors behind market developments and individual RV forecasts to wider business stakeholders including Pricing, VRM, Manufacturer Relations and Conversions & Adaptations.

Alongside the Market Risk team, you will use your technical abilities to maintain and contribute to the continued development of Asset Risk’s statistically based residual value and maintenance forecasting processes. You will also be in frequent contact with the Online Pricing team in order to understand how the current used car market is evolving and what this means for our future outlook.

As an MO representative, you will travel to vehicle launch events and external automotive conferences and serve as an internal subject matter expert on future product and technological development in the industry. You will use this insight to help the Asset Risk department understand how the transition to electrification will impact RV risk in the future.

About You
The role requires a commercially minded individual who is able to apply theoretical approaches in a practical business environment in order to implement workable solutions to complex challenges. You will be empowered to make decisions and formulate the recommendations for the good of the business while also showing high levels of integrity to ensure the correct governance of our processes at all times. The role requires an individual who is solution focused, detail and deadline driven, and able to see the big picture. 

As an individual with a high level of technical proficiency, you will have the confidence to question the status quo with the aim of continually developing our forecast approach. You will be a creative and critical thinker, combining a logical approach and creativity in order to formulate new ideas that enhance Asset Risk’s methodologies and processes. 

You must also be an excellent communicator, who is able to construct clear and coherent arguments that can influence audiences of varying backgrounds, seniority and function. Although the challenges you face will be complex, you must be able to present arguments and information in a clear and straightforward manner. High levels of organisation are also required in order to manage multiple projects with different stakeholders and deadlines. 
 
Minimium Criteria
  • Graduate in a discipline with a significant quantitative component, a solid understanding of key economic principles and of core mathematics and statistics principles
  • Effective communicator who can confidently present and explain technical subjects to non-technical audiences
  • Technical skills: MS Office with advanced Excel (and VBA) and Access. OxMetrics and SQL would be advantageous
  • Experience with Tableau & Tableau Prep would also be desirableExperience of manipulating and analysing large datasets, data visualisation, and statistical modelling
Desirable Criteria
  • Graduate with Economics, Mathematics or Statistics based degree 
  • Experience of producing a forecast
  • Knowledge of the leasing industry & used car market drivers
  • Knowledge of VBA, SQL and Statistical applications
About The Company
At Motability Operations Ltd we provide a unique mobility proposition for the specific needs of people with disabilities by leasing cars, scooters and powered wheelchairs to those in receipt of Disability Living Allowance and Personal Independence Payment. We are the largest car fleet operator in the UK (purchasing around 10% of all the new cars sold in the UK) and have over 600,000 customers. We pride ourselves on delivering outstanding customer service, achieving an independently verified customer satisfaction rating of 9.8 out of 10.

Our values are at the heart of everything we do and our people demonstrate these values:
  • Empowerment
  • Empathy
  • Inclusion
  • Forward thinking
  • Excellence
What to expect from Motability Operations: 
We know how to look after our customers and we know how to look after our people too. People are key to our success and we believe in rewarding them well. Here are some of the benefits that you’d enjoy if you came to work with us: 
  • Competitive salary and yearly bonus 
  • 28 days holiday in addition to bank holidays
  • Private healthcare
  • 15% non-contributory pension
  • Life assurance
  • Voluntary benefits such as gym membership, travel insurance and health checks

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