Senior Officer, Residual Value Management

Location: Beijing Posted date: 2010-11-3
Recruiting No.: 1 Job type: Full-time Regular
Objective of job
To create the most reasonable residual value forecast given the latest market environment as well as expected changes.

To follow the changes of the forecast value and propose proper impairment amount.
Job designation
1 Residual Value Forecast
- To create the most reasonable residual value forecast given the latest market environment as well as expected changes
- To prepare and lead residual value working group discussion
- To publish residual value to internal (Headquarters, Fleet Sales and Sales Management) and external(Financial Institutions) parties

2 Portfolio Management
- To develop and implement impairment methodology and establish a review process with internal (F&C, accounting and auditors) and external (auditors) parties
- To regularly update the value of overall portfolio based on the established methodology
- To influence overall residual value of portfolio via active communication with market research agencies

3 Residual Value Committee Management
- To prepare regular Residual Value Committee meeting including but not limited to forecast figures, back-up documents and approval forms
- To create meeting minutes and get the confirmation from all Committee members and keep all the relevant records
- To publish meeting minutes

4 Process Management
- To continuously monitor overall forecast/portfolio management process and propose/implement more streamlined process
- To maintain all residual value-related documents including regular update of Residual Value Management Guideline

5 Others tasks
- To support various residual value-related projects such as leasing/balloon
- To review legal documents in case that any residual value guarantee is made to external party
- Authorized to perform SMALL BUYS below RMB 2000 in own direction.
Qualification required
Education:
University degree (bachelor or above)

Experience:
At least 2 years working experience.Working in research /analysis area is be preferred.

Specific Knowledge:
- Excellent oral and written skills (Chinese and English) with comprehensive analytical abilities and problem solving skills.
- Open attitude.
- Good communication/argumentation skills and high output orientation.

Application procedure:

This job is regular.

Please send your application to following email:
mbcareer@daimler.com

梅赛德斯-奔驰

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