Manager - TFS Residual Value Setting

Toyota North America • Plano, TX

6d

About The Position

The Toyota Financial Services Risk department is seeking a passionate and highly motivated Residual Value Setting Manager. This role involves leading strategic and complex risk programs that significantly impact TFS, Toyota, its dealers, and customers. The ideal candidate will have a passion for cars, data, creative problem-solving, and continuous improvement. This position reports to the Residual Value Risk National Manager.

Requirements

• 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 ability to quickly identify discrepancies in large, complex data sets, reports, and presentations.
• Working knowledge of statistics and modeling techniques with experience identifying trends and indicators through quantitative/qualitative analysis
• Must have the right to work in the United States and not require Toyota support or sponsorship for immigration-related employment.

Nice To Haves

• MBA or Master’s degree in an analytical field
• 7+ years of relevant work experience (in similar field and/or industry)
• Proven experience leading large-scale analytics projects
• Previous experience in a role with significant exposure/interaction with residual values at an automotive OEM, captive finance company, or auto industry consulting firm. Example areas: Residual Setting, Financial Products, Product Planning, Pricing, Incentives, etc.

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.
• Owning editorial and qualitative assessment of Toyota and Lexus vehicles and market conditions.
• Identifying trends, drivers, correlations, and explanations of residual/resale value performance and providing insightful perspective to diverse audiences (Executive, Field, Non-Technical, Auditors, etc.).
• 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.

Benefits

• A work environment built on teamwork, flexibility and respect
• Professional growth and development programs to help advance your career
• Tuition reimbursement
• Team Member Vehicle Purchase Discount
• Toyota Team Member Lease Vehicle Program (if applicable)
• Comprehensive health care and wellness plans for your entire family
• Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute
• Paid holidays and paid time off
• Referral services related to prenatal services, adoption, childcare, schools and more
• Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)
• Relocation assistance (if applicable)

What This Job Offers

• Job Type: Full-time
• Career Level: Manager