Residual Value Model Delivery Manager - 12 Month Secondment / FTC

End Date Monday 17 August 2026

Salary Range £61,344 - £68,160

We support flexible working.

Flexible Working Options Hybrid Working, Job Share

Summary

Residual Value management is critical in supporting the Electric Vehicle (EV) transition, which is a key pillar in LBG's purpose of Helping Britain Prosper by Keeping Britain Mobile. Reporting into the Senior Manager Residual Value (RV) Development you'll own and manage the researching of existing and emerging trends and relationships impacting upon used vehicle market values, incorporating them into the RV forecasting modelling processes. We thrive on supporting our customers and relationship management is key to ensure cross business balancing. You'll develop a broad network, collaborating across the Transport business and its support functions, Vehicle Manufacturers and other external market insight providers as you input into other strategic topics.

Job Title

Residual Value Model Delivery Manager

Location

Manchester

Hours

Full-time

Contract

12-month secondment / fixed term contract

Working Pattern

Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at our Manchester Westminster House office.

What you'll be doing

Are you interested in the automotive industry and how data, insight and machine learning are shaping the future of vehicle finance? We're looking for a Residual Value Model Delivery Manager to join our Transport division and help transform our residual value forecasting capability. Working across Residual Value Development, Pricing, Data Science and Risk, you'll play a key role in delivering a new machine learning-led forecasting model that supports better commercial decisions and risk management. You'll help translate business requirements into analytical solutions, support model testing and governance activity, and provide insight on model performance against historic approaches, market benchmarks and real-world vehicle outcomes. Along the way, you'll build deep expertise in automotive markets, used vehicle pricing and the factors that influence residual values. This is a unique opportunity to work at the intersection of automotive expertise, data science and commercial decision-making, while helping support the transition to electric vehicles across one of the UK's largest vehicle finance businesses.

Why join us?

We're on an exciting journey to transform our Group and the way we're shaping finance for good. We're focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.

What we're looking for

• 3+ years' experience in residual value forecasting, vehicle valuations, automotive pricing, remarketing, model development, econometric techniques or a closely related analytical field.
• Experience supporting complex project delivery or model implementation activity, including requirements gathering, testing, issue tracking or stakeholder coordination.
• Strong analytical skills, with experience working with large or complex datasets, reconciling outputs and drawing out clear, practical insights.
• Experience producing clear written summaries, reporting materials or visualisations that make analysis accessible for project teams, governance forums or senior stakeholders.
• Strong stakeholder management skills, with the ability to work collaboratively across technical and business teams, including data, pricing, risk or governance colleagues.
• A problem-solving approach, with the confidence to investigate anomalies, work through ambiguity and explain findings clearly.
• And any experience of this would be useful Experience working with machine learning models, model validation or model governance frameworks.
• Knowledge of used vehicle markets, automotive finance, leasing or fleet management.
• Experience comparing model outputs against benchmarks, legacy methodologies or actual market performance.
• Experience supporting risk, governance or approval processes within a regulated environment.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

This is a place for you

Our ambition is to be the leading UK business for diversity, equity, and inclusion supporting our customers, colleagues, and communities. We commit to crafting an environment in which everyone can thrive, learn, and develop. We provide reasonable adjustments during recruitment to reduce or remove barriers. Just let us know what you need.

Benefits

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can tailor to your lifestyle, such as discounted shopping
• 30 days' holiday, plus bank holidays
• A range of wellbeing initiatives and generous parental leave policies

Company Culture

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop. We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We're focused on creating a value-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we're building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference. With 320 years under our belt, we're used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers. Here, you'll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.

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