RESIDUAL VALUE MANAGER -
h3RV Manager – Commercial Vehicles /h3 pbCompany: /b BYD Europe /p pbLocation: /b Milan, Italy /p pbType of Employment: /b Full-time /p pbSalary: /b €65,000–€75,000 gross annual salary (RAL) CCNL Metalmeccanico /p h3About BYD /h3 pOur Purpose is to bbuild a zero-emission future that reconnects humanity with nature. /b We are looking for talent that connects with this mission and wants to create a positive impact by joining a diverse and dynamic team. /p pBYD is a leading high-tech multinational company based in Shenzhen, China. It operates in four core fields: IT, automotive, new energy, and rail transit, and employs over 300,000 people worldwide. As a global pioneer in New Energy Solutions, BYD is dedicated to building a zero-emission ecosystem. /p pBYD Europe BV is located in Hoofddorp, Netherlands. BYD Europe BV offers a full line of BYD electric vehicles, including all-electric cars, all-electric buses, and all-electric forklift trucks. /p h3About the Role /h3 pThe RV Manager is responsible for developing, monitoring and controlling residual values across BYD's financing and leasing activities in Europe. The role ensures that lease pricing, asset assumptions, and portfolio growth are supported by a robust residual value framework, governance and risk controls. /p pThe position is particularly focused on managing RV associated with emerging technologies, including battery-electric heavy trucks, buses and light commercial vehicles, while supporting profitable growth of captive finance and leasing programmes. /p h3Key Responsibilities /h3 h3Residual Value Strategy Governance (30%) /h3 ul lipDevelop and maintain RV policies, methodologies and risk frameworks. /p /li lipLead Residual Value Committees and key RV workstreams.
/p /li lipEstablish RV setting processes and approval authorities. /p /li lipEnsure compliance with internal risk appetite and governance requirements. /p /li lipProduce regular reporting for senior management and risk committees. /p /li lipEstablish and maintain relationships with the relevant Trade Guides, including vehicle tests when and where relevant. /p /li /ul h3Residual Value Forecasting (30%) /h3 ul lipDetermine residual value forecasts for heavy electric trucks, electric buses and coaches, and electric vans. /p /li lipAssess factors affecting used electric commercial vehicle values. /p /li lipDevelop assumptions regarding battery health and second-life applications. /p /li lipWork closely with engineering and aftersales teams to understand product durability and lifecycle performance. /p /li /ul h3Portfolio Risk Management (20%) /h3 ul lipMonitor RV exposure across all financed and leased assets. /p /li lipIdentify concentration risks by: /p ul liProduct /li liTechnology /li liCustomer segment /li liGeography /li liContract maturity /li /ul /li lipRecommend mitigating actions when exposures exceed approved limits. /p /li lipSupport portfolio provisioning and expected loss calculations. /p /li /ul h3Remarketing End-of-Life Management (20%) /h3 ul lipWork with remarketing teams to maximise vehicle disposal proceeds.
/p /li lipIdentify channels for used vehicle sales across Europe. /p /li lipMonitor realised versus forecast residual values. /p /li lipDrive continuous improvement based on realised asset performance. /p /li /ul h3Required Qualifications Experience /h3 ul lipStrong understanding of electric commercial vehicle markets in Europe. /p /li lipProven experience managing RVs for a large organisation. /p /li lipProven experience using data to support pricing and risk decisions. /p /li lipBachelor's degree in Finance, Economics, Business, Engineering or related field. /p /li lip10 years of experience in one or more of the following areas: /p ul liResidual value management /li liAsset risk /li liCommercial vehicle leasing /li liAutomotive finance /li liFleet management /li liRemarketing /li /ul /li /ul h3Preferred Qualifications Experience /h3 ul lipExperience within an OEM captive finance organisation, leasing company, bank or truck manufacturer. /p /li lipFamiliarity with lease portfolio management and risk governance frameworks. /p /li lipAdvanced Excel, Power BI and data analytics capabilities. /p /li lipExperience working in cross-functional and international team environments. /p /li lipProficiency in a European language. /p /li /ul h3We Offer /h3 ul lipCompetitive remuneration based on performance and experience: b€65,000–€75,000 gross annual salary (RAL) /b. /p /li lipOpportunities for department and company-wide team-building events. /p /li lipA chance to contribute to the transition towards zero-emission transportation and the decarbonization of the economy. /p /li /ul pbLocation: /b Italy – Milan /p pbType of Employment: /b Full-time /p #J-18808-Ljbffr
/p /li lipEstablish RV setting processes and approval authorities. /p /li lipEnsure compliance with internal risk appetite and governance requirements. /p /li lipProduce regular reporting for senior management and risk committees. /p /li lipEstablish and maintain relationships with the relevant Trade Guides, including vehicle tests when and where relevant. /p /li /ul h3Residual Value Forecasting (30%) /h3 ul lipDetermine residual value forecasts for heavy electric trucks, electric buses and coaches, and electric vans. /p /li lipAssess factors affecting used electric commercial vehicle values. /p /li lipDevelop assumptions regarding battery health and second-life applications. /p /li lipWork closely with engineering and aftersales teams to understand product durability and lifecycle performance. /p /li /ul h3Portfolio Risk Management (20%) /h3 ul lipMonitor RV exposure across all financed and leased assets. /p /li lipIdentify concentration risks by: /p ul liProduct /li liTechnology /li liCustomer segment /li liGeography /li liContract maturity /li /ul /li lipRecommend mitigating actions when exposures exceed approved limits. /p /li lipSupport portfolio provisioning and expected loss calculations. /p /li /ul h3Remarketing End-of-Life Management (20%) /h3 ul lipWork with remarketing teams to maximise vehicle disposal proceeds.
/p /li lipIdentify channels for used vehicle sales across Europe. /p /li lipMonitor realised versus forecast residual values. /p /li lipDrive continuous improvement based on realised asset performance. /p /li /ul h3Required Qualifications Experience /h3 ul lipStrong understanding of electric commercial vehicle markets in Europe. /p /li lipProven experience managing RVs for a large organisation. /p /li lipProven experience using data to support pricing and risk decisions. /p /li lipBachelor's degree in Finance, Economics, Business, Engineering or related field. /p /li lip10 years of experience in one or more of the following areas: /p ul liResidual value management /li liAsset risk /li liCommercial vehicle leasing /li liAutomotive finance /li liFleet management /li liRemarketing /li /ul /li /ul h3Preferred Qualifications Experience /h3 ul lipExperience within an OEM captive finance organisation, leasing company, bank or truck manufacturer. /p /li lipFamiliarity with lease portfolio management and risk governance frameworks. /p /li lipAdvanced Excel, Power BI and data analytics capabilities. /p /li lipExperience working in cross-functional and international team environments. /p /li lipProficiency in a European language. /p /li /ul h3We Offer /h3 ul lipCompetitive remuneration based on performance and experience: b€65,000–€75,000 gross annual salary (RAL) /b. /p /li lipOpportunities for department and company-wide team-building events. /p /li lipA chance to contribute to the transition towards zero-emission transportation and the decarbonization of the economy. /p /li /ul pbLocation: /b Italy – Milan /p pbType of Employment: /b Full-time /p #J-18808-Ljbffr