Residual Value Manager

INEOS Automotive – Built For More

Story so far

Since we started our journey to build a no nonsense 4X4, we’ve come a long way. We’ve established INEOS Automotive as a serious contender in 4X4 development and manufacturing. We’ve partnered with some of the biggest names in the automotive industry. We’ve made our way from vision to prototype. We’ve secured a world-class production facility and delivery team. We’ve delivered Grenadiers to customers all around the world. We’re building our double cab pick up, the Quartermaster.

People and Culture

Easy never changed anything. Not in manufacturing, science, engineering or energy – and certainly not elite sport. At INEOS we tackle every challenge head-on, and we help extraordinary athletes achieve extraordinary things. When it comes to making positive change, we know nothing gets done without grit, rigour and humour. Our Automotive team consist of around 1500 employees, 10 locations and 44 nationalities, we’re an international team working together to challenge the ordinary.

If this sounds like you, let’s talk.

The Residual Value Manager is a new role with a recently created department here at Ineos Automotive. This individual will be leading and developing the understanding of strategic residual value management throughout the business as the RV subject matter expert.

Responsibilities include (but are not limited to):

• Development and Management of Residual Value (RV) methodology
• Provide a full-service RV support function including the building and maintaining of the RV analytics of Ineos Automotive Limited and competitor current and forecast RV data, lifecycle analysis, used car market insights and forecasting of future nameplates to the Business
• Lead the residual value management process for new and mid cycle refresh vehicles
• Interface with Product Strategy and Management to establish forecast residual values and competitive position through the gateway process from product concept to launch
• Influence and align on residual forecasts with markets whilst managing introduction of new vehicles to VIP residual value influencers
• Responsible for the launch process through RV forecasting and competitive position optimisation, interacting with Product and Design Teams, at early launch gateways
• Researching of existing and emerging trends and relationships impacting upon used vehicle market values and incorporating them into the RV forecasting modelling processes, to mitigate the risks associated with changing business and economic circumstances and market dynamics

What we are looking for:

• Proven track record within the automotive industry
• Practical working experience within the used car industry and residual value knowledge
• Commercially astute, with experience of residual value management
• Strong analytical skills
• Able to perform advanced level data analysis including trending / interpolation and to build appropriate supporting argumentation
• Ability to articulate complex matters simply

If the role sounds of interest and you want to learn more please apply. Please include a covering letter that supports your application along with any other supporting information.

If your application is successful one of the team will be in touch to arrange an initial conversation!