Manager - TFS Residual Value Setting

Overview

Who we are

Who we are - TFS 

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment. 

Toyota does not offer support or sponsorship of job applicants for employment-based visas or any other work authorization for this role now or in the future. You must have the right to work in the United States and not require Toyota support or sponsorship for immigration-related employment (e.g., H-1B, O-1, E-3, H-1B1, TN, F-1 OPT, F-1 STEM OPT, F-1 CPT, TN, ‘job flexibility benefits’ (also known as I-140 or Adjustment of Status portability), etc. now or in the future. You should not apply for this role if you will require Toyota to assist with immigration support or sponsorship now or in the future.

Who we’re looking for:  

The Toyota Financial Services Risk is looking for a passionate and highly motivated Residual Value Setting Manager; someone who shares our team’s passion for cars, data, creative problem solving and continuous improvement. 

 Reporting to the Residual Value Risk National Manager, the person in this role will lead strategic and highly complex risk programs that drive substantive business change impacting TFS, Toyota, our dealers and ultimately our customers. 

Who we’re looking for: 

The Toyota Financial Services Risk is looking for a passionate and highly motivated Residual Value Setting Manager; someone who shares our team’s passion for cars, data, creative problem solving and continuous improvement.   

Reporting to the Residual Value Risk National Manager, the person in this role will lead strategic and highly complex risk programs that drive substantive business change impacting TFS, Toyota, our dealers and ultimately our customers. 

What you’ll be doing  

• Managing the setting of Residual Values for new Toyota and Lexus lease originations through in-depth analysis of current and historical market actuals, vehicle content & lifecycle, competitive landscape, pricing, incentive spending, macro-economic factors and more.
• Owning editorial and qualitative assessment of Toyota and Lexus vehicles and market conditions.  Identifying trends, drivers, correlations, and explanations of residual/resale value performance and providing insightful perspective to diverse audiences (Executive, Field, Non-Technical, Auditors, etc.).
• Consulting with Product, Pricing, and Incentives teams at Toyota and Lexus divisions to make recommendations on product content, packaging, pricing, incentive spending, and other strategic initiatives to optimize residual value retention, profitability, and incentive costs for new vehicles.
• Envisioning, designing, and managing strategic improvements to Residual Value setting and reporting processes, enhancing value, accuracy, repeatability, efficiency, and automation in partnership with the Risk Forecast and Data Science Teams.
• Consulting with teams across the enterprise on ad-hoc strategic projects as a Residual Value subject matter expert.

• Utilizing excellent verbal and written communication skills with the ability to effectively understand and explain complicated technical issues to leadership.  
• Managing team budget, resources/prioritization, target/goal achievement, and recruiting/retaining/developing department team members.

What you bring 

•  5+ years of relevant work experience (in similar field and/or industry)
• Bachelor’s degree or higher in Finance, Statistics, Economics, or other math-related degree required
• Expertise and insight on US auto market sales, products, vehicles, and trends across OEMs and/or a passion for the industry and its products
• Demonstrated experience with analysis tools (SQL, Python, Tableau, and/or similar) and a high level of proficiency with both Excel and PowerPoint. (Testing of coding and analytic abilities will be conducted as part of the application process)
• Exceptional attention to detail with the ability to quickly identify discrepancies in large, complex data sets, reports, and presentations.
• Working knowledge of statistics and modeling techniques with experience identifying trends and indicators through quantitative/qualitative analysis

Added bonus if you have  

• MBA or Master’s degree in an analytical field
• 7+ years of relevant work experience (in similar field and/or industry)
• Proven experience leading large-scale analytics projects
• Previous experience in a role with significant exposure/interaction with residual values at an automotive OEM, captive finance company, or auto industry consulting firm.  Example areas: Residual Setting, Financial Products, Product Planning, Pricing, Incentives, etc.

What we’ll bring  

During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include:    

• A work environment built on teamwork, flexibility and respect
• Professional growth and development programs to help advance your career, as well as tuition reimbursement  
• Team Member Vehicle Purchase Discount
• Toyota Team Member Lease Vehicle Program (if applicable) 
• Comprehensive health care and wellness plans for your entire family
• Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute  
• Paid holidays and paid time off
• Referral services related to prenatal services, adoption, childcare, schools and more
• Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)
• Relocation assistance (if applicable)  

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.

Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com.