Asset Manager (Motor Finance)
Posted on Aug 1, 2019 by CV-Library
Full Time, Permanent
Solihull B91 2AA
Competitive Salary, plus company benefits
The team at BNP Paribas Personal Finance are currently seeking an Asset Manager, who'll sit within a risk function for our Motor Finance proposition. This role is 'one of a kind' for our business, so you'll be an experienced Motor Finance professional with demonstrable experience within a comparable role.
BNP Paribas Personal Finance is committed to creating responsible consumer finance solutions that customers trust and help our partners grow. With the backing of a global bank we've exciting growth ambitions to double the size of the business by 2020 you'll be joining a dynamic business which provides people with opportunities to make it happen in a high energy environment.
You'll report into our Motor Finance Managing Director, and assist the Business Owner and Risk manager to optimise profitability for the BNP Paribas Personal finance portfolio.
This role is a standalone position for our new and growing Motor Finance division, our policies and processes have been created and implemented, so you'll come in and take over the function.
You'll be responsible for providing information, analysis and technical support for the development and implementation of asset management strategies, which improve portfolio performance and improve customer experience.
This role will manage the residual valuations for the business both on current values and future expected values for residual based products such as personal contract purpose, as well as managing portfolio distributions and stakeholders through monthly steering committee.
Your Key Responsibilities will include:
Analyse market trends, survey reports and sales reports and advise on new and used vehicle market trends and produce Monthly Market report
On a monthly basis recommend and gain sign-off for residual valuations, produce files and upload to partner systems.
Develop, maintain and monitor Residual Value Forecasting models for all vehicles financed by BNP Paribas Personal Finance.
Provide input to pricing and marketing departments on data used for pricing, stocks and disposals
Assist in the development and monitoring of loss forecasting
Develop, recommend and monitor risk strategies which maximise revenue whilst minimising bad debt and detrimental customer behaviours.
To be successful for this position, you'll need:
Experience within a comparable position, so that you'll be able to 'hit the ground running' with us. This is a standalone role within the team so previous experience and knowledge is paramount
Complete understanding of the UK motor industry and vehicle lifecycles; including Residual Value Forecasting, guaranteed future values and vehicle portfolio valuation
Very good knowledge of UK vehicle data providers and their products.
Experience in SAS Base / SQL or similar programming language, and advanced Microsoft Excel skills (VBA, etc)
Excellent analytical and communication skills- within this role you'll be presenting complex data to varying audiences
Stakeholder relationship management- able to challenge appropriately and operate with resilience
This position is based in our office in central Solihull, unfortunately we are unable to guarantee free car parking however we are within a short walk of the High Street and Solihull train station, as well as local pay and display car parks.
If this role sounds like your ideal next step, please apply now to be considered.
BNP Paribas promotes equality of opportunity and is committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation.
Adecco acts as an employment agency for permanent recruitment and an employment business for the supply of temporary workers. The Adecco Group UK & Ireland is an Equal Opportunities Employer.
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