
Risk Management Specialist – Financial Services
BMW Group
full-time
Posted on:
Location Type: Office
Location: South Africa
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About the role
- Assures that residual value risks of BMW Financial Services are identified, analysed, steered and communicated appropriately.
- Responsible for managing and steering residual value risk on a predictable and profitable basis.
- Safeguards the company’s assets and liabilities from adverse market movements.
- Steers all residual value risk related topics and proactively drives improvements.
- Presents residual value risk management topics in various committees or working groups.
- Responsible for ensuring compliance with SF central guidelines and handling exception requests.
- Manages local RV risk guidelines/regulations, risk policies, procedures and controls.
- Develops, evaluates and implements changes to residual value risk related systems and processes to enhance effectiveness and efficiencies.
- Responsible for accuracy and quality assurance of residual value related system.
Requirements
- University degree in data scientist, mathematical or statistical background or equivalent knowledge.
- Master´s degree preferred.
- 5-10 years of relevant, professional experience specifically in the area of residual value risk management in the automotive and/or financial industry preferable within a multinational company.
- Strong mathematical and statistical attitude and proven analytical skills.
- Good understanding of the local car market, BMW products and product developments.
- Experience in residual value analysis.
- Project management experience.
- Profound knowledge of national and supranational regulatory frameworks.
- Use of data acquisition, analysis, and reporting tools and experience with their use on large relational databases.
- Experience with SAS business analytics software or similar software is preferred.
- Strong computer application skills/Artificial intelligence will be of advantage.
Benefits
- Regularly updates the commercial finance Early Warning System.
- Supports the administration of the National Risk Committee meetings and minutes.
- Supports in presenting the credit risk management topics in various committees, e.g. EXCO, National Risk Committee, and Product Portfolio Committee.
- Supports in the timely preparation of monthly, quarterly and annual reports, forecasts and analysis for internal and external distribution.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
residual value risk managementdata analysisstatistical analysisproject managementregulatory compliancerisk policiesquality assurancedata acquisitiondata reportinganalytical skills
Soft Skills
communicationleadershipproblem-solvingorganizational skillsproactive improvement