OverviewVolkswagen Financial Services, a wholly-owned subsidiary of Volkswagen Group, is the trusted key to mobility for its brand partners. We are committed to supporting the Audi, Ducati, and Volkswagen brands and their Dealers, specializing in providing accessible mobility solutions for its Customers. The companys offerings include Retail Leasing, Retail Financing, Commercial Financing for new and used vehicles, and End-of-Term vehicle disposition.Role DescriptionThe Manager, Off-Lease Pricing role is critical in directing and executing the companys off-lease pricing strategy. Responsible for conceptualizing, developing, soliciting buy in and ensuring implementation of pricing strategy with the intent of maximizing off lease disposal proceeds. The role manages the margins by model line and coordinate strategic pricing & positioning plans for current & future products/projects. With Executive Leadership Team approval, these functions drive budget, volume & profit planning now & long-term.ResponsibilitiesProvide controlling oversight of off-lease pricing process; including the annual disposal of $4 billion in assets (200,000 vehicles) annually growing to $20 billion over the planning round.Manage all aspects of the off-lease pricing strategy including Auction, Online, and Customer channels.Develop and execute online pricing inputs weekly for the US market.Enhance, challenge, automate, test assumptions and further develop existing models for pricing the US portfolio using advanced data analysis, and modeling techniques including elasticity, sensitivity, and scenario analysis to identify pricing strategies that optimize results.Collaborate daily with VW and Audi brand colleagues as well as VCI Remarketing and VCI Data and Analytics colleagues to develop a comprehensive off-lease disposal strategy focused on maximizing proceeds across the channels. Assist on the development and efficacy of VW Affinity and Audi Ace programs used to stimulate online used vehicle demand, retail certified pre-owned sales, and VW Credit used vehicle contract penetration.Conceptualize, develop, financially evaluate, secure approval & implement the strategic direction for pricing model.Provide financial evaluation of all product related recommendations such as special editions, model year changes, content changes, mix changes, volume changes, price changes, etc.Determine the financial impact of decisions & resource utilization. Advise the best use of financial resources given the Company & market conditions.Develop, maintain continuity & operationalize the pricing & margin process throughout the organization. Working closely with brand teams, develop, implement & coordinate VCI pricing strategy across all teams.Analyze competitive price actions & strategies to determine future pricing strategy, and act as a monitoring tool for brands regarding price strategy agreements.Benchmark competitor activities and continuously challenge process to ensure highest level of quality and competitiveness in pricing process and tools utilized.Develop & coordinate proper analysis & variance reporting for Senior Management.Develop & provide monthly forecasts which are essential tools of the overall Planning & decision-making process.QualificationsEducation: Bachelors degree, Masters degreeYears Of Relevant Experience: 10 years of progressive finance and accounting experience; Automotive finance experienceSkills: Proven history of excellent leadership, assertiveness, influencing, and negotiation skills; Solid organizational skills with ability to effectively manage multiple priorities; Succinctly and effectively communicate complex data and concepts; Proactive and open communication; Analytical and conceptual thinking curiosity-driven, using logic and reason; Relentless focus on optimizing models, processes and outcomes; Experience running and managing multi-regression, AI models; Detailed orientation with strong quantitative aptitude; Ownership of delivering results; Significant business and/or financial acumen; Strong planning and project management skills; Comfortable working in a fast-paced corporate environment; Problem solving, logic skills, and ability to work independently; Ability to work cooperatively and collaboratively with all levels of employees and management.Compensation & BenefitsSalary range is $100,000 - $138,000. Actual pay may vary based on experience, education, and internal compensation practices.This posting represents an existing vacancy that we are actively seeking to fill.All applications are thoroughly reviewed by our recruitment team, and no artificial intelligence or automated technologies are utilized in the screening process.BenefitsHealth Insurance Coverage: We provide comprehensive insurance coverage, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services.Flex health benefit program, including health, dental, and vision plans.Retirement Plans & Savings: Competitive defined contribution retirement plan with employer savings matching.Compensation: Bonus & Merit Program reinforcing pay-for-performance culture.Vehicle Leasing Program: Discounted vehicle leasing for employees and eligible family members (up to four vehicles per year).Wellness Programs: Wellness initiatives including gym memberships and mental health resources.Tuition Reimbursement: Supports continued education and professional growth.Volkswagen Financial Services is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, family status, gender identity, gender expression, national origin, age, disability or any other characteristic protected by federal, or local laws. Volkswagen Financial Services is committed to accommodating applicants and employees with disabilities. Should you require accommodation during the recruitment and selection process, please advise in advance.Only shortlisted candidates will be contacted. #J-18808-Ljbffr
Job Title
Off-Lease Pricing Manager