BMW Group

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