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Join to apply for the Senior Residual Value Risk Analyst role at BMW Group Financial Services Australia5 days ago Be among the first 25 applicantsJoin to apply for the Senior Residual Value Risk Analyst role at BMW Group Financial Services AustraliaGet AI-powered advice on this job and more exclusive features.Direct message the job poster from BMW Group Financial Services AustraliaHuman Resources Advisor @ BMW Group | Bachelor''s in HRIt takes a dedicated team of specialists to accurately analyse and model the potential risks and opportunities in a business like ours. People with the passion and expertise to truly understand and explain how complex data will shape tomorrows business landscape for us. So if youd like to take on a highly visible, varied and challenging role thats key to our business success, join us in driving the future of financial services.Do you love numbers and have an interest in the new and used car market? Then this is the role for you!Our Risk team is looking for a Senior Residual Value Risk Analyst.What awaits you?Responsible for the BMW and MINI Guaranteed Future Values for both Australia and New Zealand for recommendation and approval by the National Risk Committee.Management of Residual Value reserves to ensure adequate provision coverage of the portfolio and minimisation of expected losses.Regular review and monitoring of Residual Value risk ratios (Standard risk cost, Reserves and Value at Risk) to ensure ratios are up to date and accurately reflect the existing risk portfolio.Actively monitor the competitive price position of BMW and MINI Guaranteed Future Values to provide steering recommendations for retail support.Drive the provisioning process through monitoring the used car market and BMW/MINI auctions while providing insights into trends and developments.Investigate the competitive market landscape to identify opportunities related to Residual Value product offerings to steer new business growth.Prepare regular reporting suite to senior management and the risk committee highlighting key focus areas of all risk management topics.What you will bring?A tertiary qualification in Business, Commerce, Finance, Data Science or equivalent required.Strong knowledge of the financial services industry with experience in forecasting and reporting.Demonstrated statistical and analytical skills with proficiency in reporting tools such as SAS, Tableau, and the MS Office Suite.Well-developed capabilities in interpreting, analysing and presenting detailed information both orally and in a written format.Proven understanding of the car industry is advantageous.Excellent attention to detail, a strong work ethic and ability to take initiative proactively.What you can look forward to?We believe in hiring the best talent in the market and fostering an environment where our people can learn, experience and grow. What you can expect is:An attractive remuneration package including a company vehicleFlexible Work policy and practicesLifelong learning & career developmentBMW & MINI promotions and product offersAnnual spend on BMW & MINI merchandiseFree onsite parkingSubsidised onsite gym, dry cleaning and car wash facilitiesA dynamic, inclusive and sustainable working environmentBMW Group is an equal opportunities employer and takes great pride in fostering and promoting diversity in every aspect of our work life and culture. We highly regard the skills, knowledge, experience, ideas, perspective and energy our diverse workforce brings into the company.Employment at BMW Group Australia is conditional upon pre-employment checks undertaken by the candidate on request and clearances received. This includes qualifications and employment checks, relevant background checks and may include police check(s) and credit check(s).By submitting an application for a role at BMW Group Australia the candidate confirms:They have valid rights to work in AustraliaThey agree to undertake integrity checks upon request should their candidacy progress to an offer of employment.levelSeniority levelMid-Senior levelEmployment typeEmployment typeFull-timeJob functionJob functionAnalystReferrals increase your chances of interviewing at BMW Group Financial Services Australia by 2xSign in to set job alerts for Risk Analyst roles.Melbourne, Victoria, Australia 4 days agoDocklands, Victoria, Australia 2 days agoMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia 1 week agoManager- Third Party Risk Management (Governance, Risk and Compliance)Melbourne, Victoria, Australia 6 days agoMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia $145,000.00-$155,000.00 4 days agoFinancial Analyst - Market data management and Investment OperationsMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia 2 weeks agoRisk & Safety Consultant | Account ManagerMelbourne, Victoria, Australia A$95,000.00-A$110,000.00 4 weeks agoGovernance, Risk and Compliance (GRC) | ManagerMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia 4 days agoSenior Consultant or Manager - Banking Financial RiskMelbourne, Victoria, Australia 2 hours agoAnalyst/Experienced Analyst | Financial Services | Regulatory Audit | Melbourne & SydneyMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia 6 days agoNational Compliance, Audit and Risk ManagerMelbourne, Victoria, Australia 1 week agoSenior Consultant - Business Analyst (Banking and Data experience)Melbourne, Victoria, Australia A$130,000.00-A$140,000.00 5 days agoGovernance, Risk and Compliance (GRC) | Senior ManagerMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia 1 week agoMelbourne, Victoria, Australia 4 weeks agoMelbourne, Victoria, Australia 6 days agoMelbourne, Victoria, Australia 2 weeks agoOperational Risk and Controls - Asset Servicing | ManagerMelbourne, Victoria, Australia 4 days agoMelbourne, Victoria, Australia 12 hours agoSenior Manager Line 1 Risk - Financial Crime OperationsMelbourne, Victoria, Australia 4 days agoMelbourne, Victoria, Australia 4 days agoRegulatory Risk Senior Consultant/ManagerMelbourne, Victoria, Australia 1 week agoWere unlocking community knowledge in a new way. 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