Job Opportunity in UAE as an Operations Manager for the Residual Value at Al Futtaim

Al Futtaim offers a job opportunity in UAE as an operations manager for the residual value. You will be responsible for leading the development and management of residual value setting and methodology across the Al-Futtaim automotive groups' retail and leasing businesses. You report to the Head of Fleet Operations at Al-Futtaim Financial Services.

You will be responsible for:

• Manage the residual value setting process and methodology for the Al-Futtaim Automotive group.
• Collaborate with Al-Futtaim brand managers on new vehicle strategies that impact residual values (Product Planning, Marketing, Pricing, and Incentives) to launch appropriate residual values that maximize sales and profit objectives while minimizing residual value risk.
• Develop key reports and analysis identifying trends and provide insight into residual value projections.
• Perform in-depth analysis and forecasting and identify key portfolio insights and metrics as well as proactively identify trends, exceptions, and areas of risk for the portfolio.
• Arrange and facilitate quarterly residual value committee meetings.
• Ensure strict compliance with model governance standards and internal audit guidelines and maintain and enhance detailed documentation of critical processes.

You must have:

• University degree.
• 5+ years of automotive leasing or financial services experience.
• 3+ years of experience in residual value risk management.
• Experience with financial and analytical projects.
• Excellent written, verbal communication, including presentation skills. 
• Be highly analytical and have a strong understanding of economic and market dynamics to ensure you can make the best decisions regarding residual values.
• Possessing the ability to build relationships and influence.
• Expertise and insight in the UAE Auto Market, sales, product, vehicles, and OEMs preferred but not essential.
• Experience with data analysis tools Tableau or similar.

About Al-Futtaim:

Al-Futtaim’s family business traces its origins back to the 1930s on the banks of the Dubai Creek, a trailblazer for innovative trading concepts designed to enrich lifestyles. Today, Al-Futtaim is present in 29 countries, represents over 200 companies spanning the automotive, finance, retail, and real estate industries, and it is now 42,000 people strong. Currently spanning the automotive, finance, retail, and real estate industries, Al-Futtaim’s diverse and far-reaching portfolio of brands and companies are ever-present in people’s lives, from the shores of Singapore to the sands of the UAE.

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