Job Description

Volkswagen Financial Services, a wholly-owned subsidiary of Volkswagen Group, is the trusted key to mobility for its brand partners. We are committed to supporting the Audi, Ducati, and Volkswagen brands and their Dealers, specializing in providing accessible mobility solutions for its Customers. The company’s offerings include Retail Leasing, Retail Financing, Commercial Financing for new and used vehicles, and End-of-Term vehicle disposition.

Brief Role Description

The Manager, Off-Lease Pricing role is critical in directing and executing the company’s off-lease pricing strategy. Responsible for conceptualizing, developing, soliciting buy in and ensuring implementation of pricing strategy with the intent of maximizing off lease disposal proceeds. The role manages the margins by model line and coordinate strategic pricing & positioning plans for current & future products/projects. With Executive Leadership Team approval, these functions drive budget, volume & profit planning now & long-term

Position level: 10

Reports: Senior Director, Controlling

Role classification: Hybrid

Possible Tasks within this Role

Provide controlling oversight of off-lease pricing process; including the annual disposal of $4 billion in assets (200,000 vehicles) annually growing to $20 billion over the planning round.
Manage all aspects of the off-lease pricing strategy including Auction, Online, and Customer channels.

Time Allocation: 35%
Develop and execute online pricing inputs weekly for the US market.
Enhance, challenge, automate, test assumptions and further develop existing models for pricing the US portfolio using advanced data analysis, and modeling techniques including elasticity, sensitivity, and scenario analysis to identify pricing strategies that optimize results

Time Allocation: 30%
Collaborate daily with VW and Audi brand colleagues as well as VCI Remarketing and VCI Data and Analytics colleagues to develop a comprehensive off-lease disposal strategy focused on maximizing proceeds across the channels. Assist on the development and efficacy of VW Affinity and Audi Ace programs used to stimulate online used vehicle demand, retail certified pre-owned sales, and VW Credit used vehicle contract penetration.
Conceptualize, develop, financially evaluate, secure approval & implement the strategic direction for pricing model
Provide financial evaluation of all product related recommendations such as special editions, model year changes, content changes, mix changes, volume changes, price changes, etc.
Determine the financial impact of decisions & resource utilization. Advise the best use of financial resources given the Company & market conditions
Develop, maintain continuity & operationalize the pricing & margin process throughout the organization. Working closely with brand teams, develop, implement & coordinate VCI pricing strategy across all teams

Time Allocation 10%
Manage analysis of competitive price actions & strategies in order to determine future pricing strategy, & act as a monitoring tool for brands regarding price strategy agreements
Benchmark competitor activities and continuously challenge process to ensure highest level of quality and competitiveness in pricing process and tools utilized.

Time Allocation: 25%
Develop & coordinate proper analysis & variance reporting for Senior Management
Develop & provide monthly forecasts which are essential tools of the overall Planning & decision-making process

Qualification requirements

Education:

Bachelor’s degree Master’s degree

Years of Relevant Experience:

10 years of progressive finance and accounting experience
Automotive finance experience

Skills:

Proven history of excellent leadership, assertiveness, influencing, and negotiation skills
Solid organizational skills with ability to effectively manage multiple priorities
Succinctly and effectively communicate complex data and concepts
Proactive and open communication
Analytical and conceptual thinking – curiosity-driven, using logic and reason
Relentless focus on optimizing models, processes and outcomes
Experience running and managing multi-regression, AI models
Detailed orientation with strong quantitative aptitude
Ownership of delivering results
Significant business and/or financial acumen
Strong planning and project management skills
Comfortable working in a fast-paced corporate environment
Problem solving, logic skills, and ability to work independently
Ability to work cooperatively and collaboratively with all levels of employees and management

Salary range is dependent on factors such as industry-based experience, skills, training, credentials, and other qualifications.
The salary range for this role is $100,000 - $138,000. Actual pay may vary based on experience, education, and internal compensation practices.

This posting represents an existing vacancy that we are actively seeking to fill.

All applications are thoroughly reviewed by our recruitment team, and no artificial intelligence or automated technologies are utilized in the screening process.

Full-time employees of Volkswagen Financial Services enjoy these benefits:

Health Insurance Coverage: We provide comprehensive insurance coverage, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services.

We offer a flex health benefit program, including health, dental, and vision plans, to ensure our employees and their families are well-protected and have access to quality healthcare services that fits their needs.

Retirement Plans & Savings: Planning for the future is important, which is why we offer competitive defined contribution retirement plan at no cost to the employee to help our employees save for their long-term financial goals. In addition, we have a generous savings matching program.

Compensation: We believe in recognizing individual contributions and sharing company performance. Our Bonus & Merit Program reinforces a reward and a pay-for-performance culture.”

Vehicle Leasing Program: Our Vehicle Leasing Program offers employees the convenience and cost savings of leasing company vehicles at discounted rates. Employees and eligible family members can lease up to four vehicles per year.

Work Environment: Our workplace sets the standard with its state-of-the-art facility, designed to inspire creativity and productivity. We believe in fostering an environment where our employees feel empowered to do their best work, and our flexible hybrid policy reflects our commitment to accommodating diverse work styles and needs.

Floaters Days: We understand the importance of work-life balance, which is why we offer floaters days that can be used at your discretion for personal reasons or to recharge. We've included these days to be inclusive of holidays or celebrations that are that are important to employees. This allows you to commemorate whatever might be important to you.

Company Designated Holidays: In addition to offering floaters days, we also recognize the importance of celebrating the holiday season with our team. That's why we designate specific company holidays during the December holiday period, ensuring our employees can enjoy this festive time. *Schedules may vary depending on the specific needs of certain parts of our business.

Wellness Programs: We care about the holistic well-being of our employees, which is why we offer various wellness programs designed to promote physical, mental, and emotional health.

These may include discounted gym memberships, mental health resources, and more.

Tuition Reimbursement: We offer this program as part of our commitment to employee development. This benefit supports continued education by covering approved course expenses, fostering both professional growth and long-term career advancement.

Volkswagen Financial Services is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, colour, religion, sex, sexual orientation, family status, gender identity, gender expression, national origin, age, disability or any other characteristic protected by federal, or local laws. Volkswagen Financial Services is committed to accommodating applicants and employees with disabilities. Should you require accommodation during the recruitment and selection process, please advise in advance.

Only shortlisted candidates will be contacted.