Residual Value Manager

Lucid Motors
Full-time
Phoenix, AZ
Posted on 6 months ago

Job Description

Support Residual Value Management as part of Lucid’s Financial Services organization, providing inputs on strategies to optimize residual values. Requires deep automotive financial services experience with a strong analytical skillset and expertise in market research, forecasting and competitive landscape analysis.

Responsibilities

  • Support residual value trends reporting for all global regions
  • Develop residual value forecast based on sales trends, industry insights, and macroeconomic factors
  • Identify risks/opportunities, conduct stress testing, and run scenario analysis
  • Communicate with senior management on market conditions impact on vehicle valuation
  • Provide actionable insights and develop data-based strategies
  • Collaborate with key cross functional stakeholders
  • Build and maintain management reporting
  • Serve as an internal resource and subject matter expert
  • Establish credibility within Lucid on EV research and residual value/industry insights

Requirements

  • Bachelor’s degree in Business, Finance, Data Science, or a related field; Master’s degree preferred
  • 5+ years’ automotive and/or automotive financial services experience in Residual Value Strategy, Consulting, Captive Finance, Remarketing, Sales Operations, Data Analytics, and/or Risk Management; Experience in Luxury & EV segment is strongly preferred
  • Proficiency in Microsoft Office, particularly Excel/Sheets and PowerPoint/Slides
  • Proven experience and skillset in quantitative analysis, statistical model development, and forecasting
  • Proficiency in risk management tools, statistical analysis, and data analytics (e.g., SAS, SQL, Python, R)
  • Excellent knowledge of Automotive Financial Services products, including automotive leasing
  • Excellent interpersonal skills and ability to effectively communicate and work across all levels & functional areas

Benefits

  • No benefits