Automotive Forecast Lead

Description

The Automotive Forecast Lead is responsible for owning our quantitative assessment of the automotive market outlook, with a particular focus on used car residual values, and supporting the wider business in using this insight to inform pricing, provisions and financial risk management. The role also supports the coordination and delivery of quarterly Residual Value and fleet revaluation outputs across all products, ensuring key assumptions are robust, clearly documented and aligned to our financial risk management approach.

The role will oversee an effective approach and framework for managing these programmes in conjunction with the Chief Asset Risk Officer, Leadership Teams and a variety of other key stakeholders.

Main Responsibilities
Working as part of the Asset Risk Division, you will report to the Head of Residual Values with the following responsibilities.

Support the setting & delivery of the Asset Risk strategy in alignment with the needs of the wider business strategy
Accountable for the models, assumptions and quantitative processes that underpin our multi-year used car market outlook
Provide key input into quarterly reports that form the basis of the quarterly Residual Value and fleet revaluation across all MO product lines (car, WAV etc)
Own the analytical narrative for the automotive transition and economic outlook, ensuring the implications for Residual Value, Pricing and fleet revaluation are clearly understood
Operate an effective matrix 'way of working' with colleagues within your team and across Asset Risk and the wider business where necessary, relating to the planning, execution and delivery of Team, Asset Risk and wider business goals
Collaborate with RV Analysts to support the overall RV process
Support the Strategic Pricing Lead by providing clear insight into the Residual Value and Pricing impacts of economic, industry and automotive market forecasts
Ensure that the market outlook adheres to MO and Asset Risk governance requirements, with clear documentation, audit trails and review processes
Work with AR leadership to deliver overarching AR BAU, AR and MO objectives
Develop collaborative and enduring relationships with Asset Risk and wider business stakeholders, acting as an advocate for Asset Risk and our ways of working
Promote best practice in forecasting, modelling, documentation and knowledge sharing across Asset Risk and relevant business teams.
Where appropriate, engage with relevant third parties, including industry bodies, commentators and experts, to ensure forecasting assumptions remain informed by external insight and aligned with best practice.

Qualifications

Ability to coordinate multiple stakeholders, colleagues and deadlines
Strong technical skillset to support forecasting and modelling outputs
Passionate about using data, modelling and quantitative insight to support accurate decision making
Experienced in the preparation and validation of data, models and quantitative outputs
Ability to translate technical analysis into clear business insight for senior stakeholders
Can understand the business environment, market trends, and the financial impact of decisions to align outlooks to support the organisation's strategic goals
Ability to build enduring relationships across the business
Extensive experience of delivering data and quantitative insight activities across a wide range of stakeholders

Minimum criteria
You'll need all of these.
Extensive experience of delivering data and insight activities across a group of multiple stakeholders
Considerable experience of Forecasting within a complex business environment

Experience of using modelling techniques in a commercial environment

Who you'll be working with
You will support the Head of Residual Value and other members of the Asset Risk Senior Leadership Team to prepare and interpret our core quantitative forecasts and insights around the performance of new and used car markets. You will work closely with a team of market analysts, as well as coordinating closely with a range of colleagues across technology, data, modelling, pricing and risk teams.

Benefits

Motability Operations is a unique organisation, virtually one of a kind. We combine a strong sense of purpose with a real commercial edge to ensure we provide the best possible worry-free mobility solutions to over 800,000 customers and their families across the UK. Customers exchange their higher rate mobility allowance to lease a range of affordable vehicles (cars, wheelchair accessible vehicles, scooters, and powered wheelchairs) with insurance, maintenance and breakdown assistance included.

We are the largest car fleet operator in the UK (purchasing around 10% of all the new cars sold in the UK) and work with a network of around 5,000 car dealers and all the major manufacturers. 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. They…