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Manager - TFS Residual Value Setting

External
toyota logoToyota · Plano, TX
Full-timeOn-siteToday
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About the role

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world's most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We're looking for talented team members who want to Dream. Do. Grow. with us. An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment. Who we are - TFS An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment. Toyota does not offer support or sponsorship of job applicants for employment-based visas or any other work authorization for this role now or in the future. You must have the right to work in the United States and not require Toyota support or sponsorship for immigration-related employment (e.g., H-1B, O-1, E-3, H-1B1, TN, F-1 OPT, F-1 STEM OPT, F-1 CPT, TN, 'job flexibility benefits' (also known as I-140 or Adjustment of Status portability), etc. now or in the future. You should not apply for this role if you will require Toyota to assist with immigration support or sponsorship now or in the future. Who we're looking for: The Toyota Financial Services Risk is looking for a passionate and highly motivated Residual Value Setting Manager; someone who shares our team's passion for cars, data, creative problem solving and continuous improvement. Reporting to the Residual Value Risk National Manager, the person in this role will lead strategic and highly complex risk programs that drive substantive business change impacting TFS, Toyota, our dealers and ultimately our customers. Who we're looking for: The Toyota Financial Services Risk is looking for a passionate and highly motivated Residual Value Setting Manager; someone who shares our team's passion for cars, data, creative problem solving and continuous improvement. Reporting to the Residual Value Risk National Manager, the person in this role will lead strategic and highly complex risk programs that drive substantive business change impacting TFS, Toyota, our dealers and ultimately our customers.

Responsibilities

  • Managing the setting of Residual Values for new Toyota and Lexus lease originations through in-depth analysis of current and historical market actuals, vehicle content & lifecycle, competitive landscape, pricing, incentive spending, macro-economic factors and more.
  • Consulting with Product, Pricing, and Incentives teams at Toyota and Lexus divisions to make recommendations on product content, packaging, pricing, incentive spending, and other strategic initiatives to optimize residual value retention, profitability, and incentive costs for new vehicles.
  • Envisioning, designing, and managing strategic improvements to Residual Value setting and reporting processes, enhancing value, accuracy, repeatability, efficiency, and automation in partnership with the Risk Forecast and Data Science Teams.
  • Consulting with teams across the enterprise on ad-hoc strategic projects as a Residual Value subject matter expert.
  • Utilizing excellent verbal and written communication skills with the ability to effectively understand and explain complicated technical issues to leadership.
  • Managing team budget, resources/prioritization, target/goal achievement, and recruiting/retaining/developing department team members.
  • What you bring
  • 5+ years of relevant work experience (in similar field and/or industry)
  • Bachelor's degree or higher in Finance, Statistics, Economics, or other math-related degree required
  • Expertise and insight on US auto market sales, products, vehicles, and trends across OEMs and/or a passion for the industry and its products
  • Demonstrated experience with analysis tools (SQL, Python, Tableau, and/or similar) and a high level of proficiency with both Excel and PowerPoint. (Testing of coding and analytic abilities will be conducted as part of the application process)
  • Exceptional attention to detail with the ab

Benefits

Vision insurance

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