Asset Risk Analyst

Bristol, Avon

ALD Automotive is the leading vehicle leasing operation in Europe managing over 1.51 million vehicles across 43 countries worldwide. Within the UK, ALD finance and manage over 150,000 vehicles providing customers with total fleet management flexibility from pure financing of cars and vans to comprehensive outsourcing operations.

The Pricing department at ALD manages the quotations database which includes the vehicle and option pricing, standard specifications, colours, trims and technical information for all current vehicles whilst also managing up to 10 years’ worth of historical vehicles. We maintain the discount and bonuses databases for ALD, White Label Partners and our customers.

Pricing work closely with our data providers, manufacturers and white label partners to ensure our database is accurate as possible at all times. Data comes from many external sources and the team collate, interpret and manage this data so our quote systems are up to date. The Asset Risk team set and review our residual values on a regular basis, provide analysis of registration and fleet data, along with setting policies to meet ALD’s risk appetite, as well as monitor our competitive position in the market place.

Considering the experience and expertise we currently have in the team we anticipate the successful applicant being someone in the early stages of a career, looking for that next step that will offer both career and personal development. Whilst the role will initially be home based, in recognition of current government guidelines, we are open to a more flexible long term working arrangement for the right candidate should it suit both parties.

Key Purpose

  • Continuously maintain the residual value and excess mileage database, enabling our teams to deliver the needs of our customers, while ensuring delivery to agreed SLAs for manual quote requests.
  • Provide detailed analysis to support recommendations to shape ALD’s residual value policies.
  • Manage, develop and maintain database tools, striving for automation to increase accuracy, flexibility and scope of reporting.

Summary of Responsibilities

  • Assist in setting RVs on a weekly and quarterly basis, and suggest alternative processes of setting residual values where appropriate.
  • Periodic analysis of industry data, ALD residual values for new and used vehicles, disposal performance and current fleet, highlighting areas of risk and recommending policy changes.
  • Ensure product and market knowledge is kept up to date to enable considered residual value setting for new models and assist with vehicle queries from the wider business. This includes attending manufacturer and industry networking and knowledge sharing seminars, and sharing insights gained with the team and business as appropriate.
  • Conduct and Analyse the Fleet Revaluation on a quarterly basis, highlighting areas of risk to help shape ALD’s disposal and provisioning strategy.
  • Use advanced data manipulation skills to develop new processes and routines to interrogate the Pricing databases to build a suite of regular reporting to provide key information for decision making.
  • Support the delivery of business projects with ad-hoc reporting as requested.
  • Adhoc testing for any new Pricing Software or updates

Essential Criteria

  • Advanced Microsoft Excel e.g. VLookup, Macro, Pivot
  • Relevant degree, highlighting an analytical nature, or relevant industry experience
  • Good communication skills i.e. face to face, telephone, e-mail, report writing
  • Excellent time management with the ability to work unaided
  • Strong data manipulation and presentation skills
  • Effective problem solving and a desire to seek process improvements
  • Industry awareness or as likely a keen interest in cars
  • Good standard in IT literacy including PowerPoint and Word