Asst Manager-Risk Residuals

Legal Entity: American Honda Finance Corp.Business Unit: American Honda Finance Corp Division: Financial Services Division Work Location: Torrance - Main Campus LocationWorkstyle: Remote Eligible up to 20% Career Level: 5 Job Grade: Exempt-4 Salary Range: $94,900.00 - $142,400.00 Job PurposeAmerican Honda Finance Corporation is currently seeking an Assistant Manager of Credit/Pricing for our Risk and Analysis department. This position will report to the Manager of Risk and Analysis. The Assistant Manager-Residual Risk manages AHFC’s residual risk as pertains to the auto lease portfolio. The core areas of responsibility for the Assistant Manager are residual value setting, increasing the effectiveness of the Lease End of Term process, and price setting on AHFC’s upstream platform for disposition of off lease vehicles. Those areas are key to AHFC’s efforts of mitigating losses, and managing the risk associated with the Lease product. A well-managed lease portfolio contributes to the health and profitability of AHFC. This financial strength will allow AHFC to support AHM in its sales objectives by providing various financing options for Honda and Acura customers.Key AccountabilitiesKey Accountabilities will include but are not limited to:Lead the residual value setting process on behalf of the Risk departmentPartner with the Remarketing Center and manage pricing for upstream platform to facilitate the sale of off lease vehiclesOversee residual risk reporting area. Monitor residual loss, auction performance, the overall financial health of lease portfolio, and develop countermeasures to mitigate residual lossSupervise ad hoc analysis requests from both internal and external customersAccountable for supervising associates and leading a unit within the Risk departmentDevelop residual loss forecasts and presentation materials for Executive Management review.Own residual risk data to ensure integrity and efficiencyQualifications, Experience, and SkillsWe are looking for qualified people with diverse backgrounds and experiences, open minds, and a disciplined work ethic. To bring the future to Honda as an Assistant Manager, you must have: Minimum Education Qualifications:BA/BS degree required in mathematics/statistics, finance, economics, business, business administration or related fieldMasters or MBA degree is preferredMinimum Experience:7+ years of work experience in captive finance or consumer lendingExperience in leasing and residual settingsOther Job Specific Skills: Proficient in MS Windows applications, with a strong emphasis in Excel and AccessExperience querying relational databasesSupervisory experience a plusExposure to data mining large datasetsExcellent analytical and problem-solving skillsExcellent mathematical skills and financial acumenStrong verbal and written communication skillsStrong attention to detailSelf-motivatedIndependent thinkerGood organizational abilityPossess the ability to effectively interact and communicate with all levels of management.Job DimensionsDirect Reports- 2Working ConditionsOnsite- Workstyle 80/20 (4-days in office 1-day remote) Torrance Location Travel 5%What differentiates Honda and make us an employer of choice?Total Rewards: Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.)Regional Bonus (when applicable)Manager Lease Car Program (No Cost - Car, Maintenance, and Insurance included)Industry-leading Benefit Plans (Medical, Dental, Vision, Rx)Paid time off, including vacation, holidays, shutdownCompany Paid Short-Term and Long-Term Disability 401K Plan with company match + additional contributionRelocation assistance (if eligible)Career Growth:Advancement OpportunitiesCareer MobilityEducation Reimbursement for Continued LearningTraining and Development Programs Additional Offerings:Lifestyle AccountChildcare Reimbursement AccountElder Care SupportTuition Assistance & Student Loan RepaymentWellbeing ProgramCommunity Service and Engagement ProgramsProduct ProgramsHonda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.Job SummaryJob number: 9138Profession: Corporate Operations