Overview
Job title: Asset Management Manager
Location: Solihull; a flexible hybrid working model which supports you as well as enabling you to work collaboratively with your colleagues
Hours: Full time, Permanent
Reporting to the Head of Asset Management, the Asset Management Manager will support the monitoring and development of the Asset Management area. This role will contribute to all aspects of asset management, including significant group synergy with Arval. It will assist the Head of Asset Management to optimise profitability for the BNP Paribas Personal Finance portfolio by providing information, analysis and technical support for the development and implementation of asset management strategies, which improve portfolio performance and customer experience. The role also supports the Motor Commercial team and has a strong dotted line into the Risk teams. It will help manage residual valuations for current and future values for residual‑based products such as personal contracts and will help manage portfolio distributions and prepare the monthly Asset Management Committee (MAMCO). Core purpose is to provide strategic direction on vehicle valuation data in line with the market and competitors.
Key Responsibilities
* Under the authority of the Head of Asset Management contribute to implementing a clear strategy for asset management data collation and deployment against the used car portfolio and for the OEM business division. Reporting on actual asset management performance (auction sales) versus predicted outcomes.
* Analyse market trends, survey reports and sales reports; advise on new and used vehicle market trends and produce Monthly Market report.
* Monitor Residual Value Forecasting models for all vehicles financed by BNP Paribas Personal Finance.
* Monitor negative equity assets and forecast potential loss.
* Monitor asset management strategies which maximise revenue whilst minimising asset risk and detrimental customer behaviours.
* Work closely with Risk, Finance, Legal, Operations, Consumer Finance, IT and other colleagues across PF UK to ensure solutions presented are workable and well considered.
Skills & Attributes
* Experience of an OEM relationship
* Good understanding of the UK motor industry and vehicle lifecycles
* Good understanding of the Credit risk lifecycle
* Strong analytical background to set relevant analyses to answer questions
* Experience working on different financial products
* Self-motivated and committed to delivery
What’s in it for you?
* Competitive salary and a contributory pension scheme
* Access to our Health Cash Plan Scheme
* A multi‑award‑winning flexible benefits platform offering life insurance, private medical insurance, or lifestyle benefits including discounts on dining, cinema, and days out
* The ability to buy and sell holidays, giving you more control over work‑life balance
About BNP Paribas Personal Finance
BNP Paribas Personal Finance promotes equality of opportunity and is committed to ensuring that no individual is discriminated against on the grounds of age, disability, gender reassignment, marriage or civil partnership status, pregnancy and maternity, race, religion or belief, sex or sexual orientation.
Equality and inclusion
We live by our values: we’re positive, we’re brave, and we own it. We welcome applicants with transferable skills and encourage you to apply if you meet at least 75% of the requirements for this role. If you are considering a career change or sector jump, we want to hear from you.
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