Head of Asset Management and Vehicle Remarketing

Lloyds Banking Group; Manchester; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a Head of Asset Management and Vehicle Remarketing to lead their innovative team. This pivotal role involves creating strategies for vehicle asset management, optimizing supplier relationships, and driving the transition to electric vehicles. The ideal candidate will possess extensive knowledge of the motor industry and a strong background in vehicle finance and remarketing. With a commitment to inclusivity and sustainability, this forward-thinking company offers a dynamic work environment where your contributions can make a significant impact. Join this exciting opportunity to shape the future of asset management in the automotive sector.

Benefits

Pension contribution up to 15%

Performance bonuses

Share schemes

Flexible benefits

30 days holiday

Wellbeing initiatives

Parental leave policies

Qualifications

• Extensive knowledge of the motor industry and vehicle finance.
• Proven track record in remarketing and supplier management.

Responsibilities

• Create and implement vehicle asset management strategies.
• Manage vehicle remarketing and negotiate with suppliers.
• Lead a team of Account Managers to influence business decisions.

Skills

Vehicle Finance/Leasing

Supplier Management

Product Development

Contract Management

Motor Industry Knowledge

Job description

Head of Asset Management and Vehicle Remarketing

Join to apply for the Head of Asset Management and Vehicle Remarketing role at Lloyds Banking Group

Job Title and Location

JOB TITLE: Head of Asset Management and Vehicle Remarketing

LOCATIONS: Manchester or Newport

HOURS: Full-time

WORKING PATTERN: Hybrid, involving at least two days per week at an office hub.

About Lloyds Banking Group

LBG is the UK's leading consumer and commercial bank, committed to being the Best Bank for Customers. We are seeking an experienced professional to join our Asset Management and Remarketing team within the Transport division, which supports the transition to electric vehicles and promotes sustainability.

Team Responsibilities

The team manages manufacturer relationships, used leasing, and asset value optimization for vehicles returning from customers. The role involves creating strategies for vehicle asset management from purchase to disposal, crucial during the UK's transition to electric vehicles.

Candidate Profile

Ideal candidates will have extensive knowledge of the motor industry, vehicle finance/leasing, and a proven track record in remarketing, supplier management, product development, and contract management. Innovation, motivation, and tangible results are key qualities.

Key Accountabilities

• Create and implement end-to-end vehicle asset management strategies, manage OEM and third-party relationships, and ensure circularity in residual value and asset management.
• Manage vehicle remarketing, negotiate with suppliers, and meet finance targets.
• Oversee procurement, service, and remarketing suppliers to fulfill contractual obligations.
• Expand the used leasing proposition through broker and corporate channels, and introduce D2C options.

Role Impact

• Manage vehicle portfolios to maximize profitability and ensure timely disposal.
• Oversee supplier performance, including purchases, logistics, refurbishment, and customer service.
• Lead a team of Account Managers, build stakeholder relationships, and influence business decisions.

Our Culture & Benefits

We promote inclusivity, diversity, and belonging. Benefits include a pension contribution up to 15%, performance bonuses, share schemes, flexible benefits, 30 days holiday, wellbeing initiatives, and parental leave policies.

Application Details

If you're motivated by this opportunity, please get in touch to discuss how you can make a difference with us.