Background
Hyundai Capital UK Ltd is a joint venture operating under Hyundai Finance, Kia Finance, and Genesis Finance brands, offering funding solutions to retailers and consumers.
Job Purpose
The Residual Value (RV) Risk Manager will drive HCUK’s commercial objectives by developing and leading the RV strategy to optimise lifecycle profitability. The role aligns RV decisions with risk appetite through market analysis, forecasting, supporting internal risk models, and collaborating with OEM and shareholder partners. The RV Risk Manager will oversee and enhance RV policies, ensuring compliance within a financial services environment, and reports to the Credit & Residual Risk Manager.
Key Accountabilities
1.Risk Management & Control
Conduct detailed research on HCUK and competitor brands, used-car market trends, macroeconomic factors and industry developments impacting vehicle depreciation.
Use valuation tools and datasets to forecast future vehicle values, informing RV strategy and assumptions.
Develop and refine data-driven RV-setting methodologies aligned with risk appetite and regulatory obligations; back-test and adjust as conditions change.
Monitor actual vs expected disposal performance, investigate variances and recommend corrective actions to protect margins.
Produce dashboards and reports on RV performance, profitability and risks, for committees and senior forums.
Manage RV exposure across products, implementing mitigation strategies such as pricing changes, RV guidelines, volume caps and remarketing approaches.
Lead the RV Forum, providing transparency, insight and alignment on RV decisions and long-term outlooks.
2.Stakeholder Engagement & Management
Build strong relationships with stakeholders in Risk, Pricing / Finance, Commercial and Remarketing to align RV assumptions with risk appetite, pricing, forecasting and business planning.
Attend pricing committees to ensure programmes and products reflect long term asset values, risk appetite and financial exposure while staying competitive.
Provide expert insight to the Managing Director, Deputy Managing Director and Senior Management Team on emerging risks, opportunities, new propositions and long-term RV forecasts.
Engage with the HCUK Board, global shareholders and OEM partners as required, to communicate RV risks and strategic recommendations.
Maintain relationships with external data providers, validating inputs and integrating them with internal models.
3.Governance, Oversight, and Controls
Share knowledge to enhance RV expertise across the business and ensure policies, processes and controls are followed and meet regulatory expectations. Support internal and external audits.
Promote strong risk awareness and regulatory compliance, maintaining high standards of integrity.
Oversee governance and control requirements for new business opportunities.
Identify and report risks, incidents and breaches in line with company policies.
Key Competencies
Strong written and verbal communication, able to engage stakeholders at all levels up to Board.
Effective influencer able to reach mutually beneficial outcomes.
Commercially astute, able to anticipate trends and balance profit with risk.
Commitment to continuous improvement and achieving stretch targets.
High ethical standards and integrity aligned with company and regulatory expectations.
Excellent storytelling and presentation skills; able to influence senior stakeholders with evidence-based positions.
Required Experience and Expertise
The ideal candidate should have:
Degree-level education (STEM preferred but not essential).
Experience in automotive finance, remarketing, pricing or risk; RV ownership advantageous. Strong commercial awareness required.
Familiarity with UK used-vehicle data sources and auction dynamics.
Proven analytical skills, including portfolio analysis, scenario modelling and RV assumption building.
Strong written communication, examples of producing clear committee papers and documentation.
Strong knowledge of RV risk analytics tools and techniques.
Understanding of FCA regulatory requirements, especially retail banking.
Additionally, it is expected that any candidate can display good communication skills, can exhibit the ability to make sound decisions when working under pressure, can work on their own initiative and has excellent interpersonal skills.
Other Information
HCUK employees are currently hybrid working (mixture of home/ office) at HCUK’s head office in Reigate, Surrey. Currently, a minimum of 2 days per week office attendance is required.
The position may require domestic travel from time to time
The quickest way to apply for this role is by applying directly through our website: Careers | Join the Team | Hyundai Capital UK
Remuneration Package
Competitive base salary ranging from approximately £60,000 - £70,000, depending on experience / expertise.
Cash car allowance of £6,000
Eligibility for annual bonus up to 15% based on performance.
30 days holiday per annum plus bank holidays, with flexible holiday options and additional leave after five years.
Company pension scheme with generous employer contributions.
Voluntary benefits allowance of £500 per annum, payable as cash or benefits.
Company-sponsored individual private medical insurance available after one year of service.
Additional family, lifestyle and health-related benefits, including death in service, income protection, discounted voluntary healthcare plans, employee car scheme, employee assistance program, and enhanced family-friendly policies.
Click here for more details of our company benefits.