Residual Value Risk Specialist

at  CNH Industrial

COMPANY PROFILE:

CNH Industrial is a global capital goods company specializing in equipment and services for Agriculture and Construction. The Company operates commercially through its brand portfolio which includes Case IH, New Holland Agriculture, Steyr, CASE and New Holland Construction Equipment. More information can be found on the corporate website: www.cnhindustrial.com
Job title: Residual Value Risk Specialist
Business: Financial Services
Basic Function: Brief statement indicating why the role exists and its function
Part of the EMEA Capital team, the Residual Value Risk Specialist is responsible for analysis and evaluation of assets future values, by providing information relevant for the assessment of business transactions, by measuring and constantly reviewing the resulting risk for the organization.

Responsibilities, Accountabilities: Outline the primary responsibilities of the position and the authority level of the position (i.e., budget approval)

• Definition of residual values grids to assess machines future values in collaboration with Analytics team; identification of the relevant variables to be measured and tracked throughout time to assess future used equipment sales values.
• Management of devaluation curves by product / business line at EMEA level, across different Brands and businesses, including the agricultural and construction segments.
• Validate the residual value statistical models by ensuring consistency of the results with current selling prices. Gather risk-related and market data from internal or external resources to include in the analysis product developments and expected market evolution.
• Analysis of telematics data across businesses and Brands to integrate new and relevant variables in the residual value models.
• Produce reports that outline findings, explain residual value definition, recommend decisions to be taken based on current available information, future market scenarios and product evolution. Presentation of the analysis directly to the Group management.
• Critical analysis of financial data and figures to support the business in the decision-making process.
• Analysis of portfolio and stock to assess existing and future obligations against expected market values and current remarketing performances.
• Collaboration with the relevant stakeholders in process definition and improvement, system development and workflow fulfilment.

Job Requirements and qualifications: Describe the basic requirements of the position
Include: previous functional experience (# of years), technical skills/knowledge, management experience (# of years), key business experiences (i.e., turnarounds, P&L responsibility, international, start-ups), certifications, education, licensing
– University Degree in Business Administration/Economics/Finance or related subjects
– 3-5 years of experience besides trainee period in Asset Management and Residual Value Modelling is a must
– Previous Finance experience, preferably in the Business Controlling area
Additional job requirements (if any): Include eligibility, mobility, languages and proficiency, specific CNH work experience
– Fluent in English – is a must
– Computer literacy: advanced Office user; knowledge of SAP
– Experience in the Agricultural & Construction Businesses
– Knowledge of the Used machines business is a plus
Competencies and/or Key Behaviors: Indicate 3 to 5 most essential competency and behavior requirements
– Analytical skills
– Proactivity
– Excellent interpersonal skills and capability to work as team player
– Communication skills
– Ambition to work in a dynamic environment and to lead change
– Ability to work under pressure and deal directly with Company Top Managemen

• Definition of residual values grids to assess machines future values in collaboration with Analytics team; identification of the relevant variables to be measured and tracked throughout time to assess future used equipment sales values.
• Management of devaluation curves by product / business line at EMEA level, across different Brands and businesses, including the agricultural and construction segments.
• Validate the residual value statistical models by ensuring consistency of the results with current selling prices. Gather risk-related and market data from internal or external resources to include in the analysis product developments and expected market evolution.
• Analysis of telematics data across businesses and Brands to integrate new and relevant variables in the residual value models.
• Produce reports that outline findings, explain residual value definition, recommend decisions to be taken based on current available information, future market scenarios and product evolution. Presentation of the analysis directly to the Group management.
• Critical analysis of financial data and figures to support the business in the decision-making process.
• Analysis of portfolio and stock to assess existing and future obligations against expected market values and current remarketing performances.
• Collaboration with the relevant stakeholders in process definition and improvement, system development and workflow fulfilment