RESIDUAL VALUE ANALYST | Kelley Blue Book

  • Cox Automotive Canada
  • 2700 Matheson Blvd E, Mississauga, ON, Canada
  • Jun 02, 2020
Full time General

Job Description

Primary Location: 2700 Matheson Blvd E, Mississauga, ON, CA

Division: Cox Automotive

Job Level: Individual Contributor

Travel: No

Schedule: Full-time

Shift: Day Job

Requisition Number: 204574

 

About Kelley Blue Book

Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. The company provides market reflective values with its famous Kelley Blue Book® Price Advisor tool through various products and services available to car dealers, auto manufacturers, finance and insurance companies, and governmental agencies. Kelley Blue Book® is part of the Cox Automotive Canada family along with a host of other brands offered in Canada. For more information about Kelley Blue Book, visit kbb.ca.

The Residual Value Analyst determines the residual value forecasts for vehicles and provides data-driven insights for Kelley Blue Book’s industry partners. The Analyst needs to have exceptional analytical skills and is expected to have a deep knowledge of the automotive industry with an emphasis on segment, brand and model trends, economic indicators and consumer behaviors. The Analyst should be a thought leader on residual value forecasts and the automotive industry. The Analyst should possess excellent communication and customer facing soft skills.

Primary Duties/Key Responsibilities:

  • Have a comprehensive understanding of the new and used car market, from wholesale and retail perspectives, including details down to the latest vehicle features and equipment
  • Perform data analysis using analytical tools and industry knowledge to support residual value forecasts for specific models and segments
  • Ensure vehicle assignments are thoroughly analyzed and completed on a timely basis to support the residual valuation process
  • Develop researched and vetted positionsfor internal or client reports as well as and industry and media inquiries
  • Contribute to the development of in-depth consultative studies providing residual value insights and recommendations regarding upcoming vehicles, features, and pricing
  • Engage in internal and client-facing meetings, including presentation of residual value forecasts, methodology, and analysis
  • Review statistical model outputs from the analytics team and provide thoughtful feedback to improve its reliability

Attend industry events such as conferences and product reviews, sometimes as a subject matter expert, representing the organization

Qualifications:

  • Bachelor’s degree (B.A. / B.S.) from an accredited college or university and a minimum of2 years related experience; or an equivalent combination of education and experience.
  • A major in economics, mathematics, statistics, business, commerce or similar quantitative field is preferred
  • Acute analytical abilities and attention to detail are essential for this position
  • Must be able to analyze and transform large data sets into meaningful insights and tools
  • Can work independently and formulate analysis plans for ad hoc requests
  • Must be able to define problems, collect data, establish facts, and draw valid conclusions
  • Can communicate analytical results clearly via reports and presentations
  • Ability to recommend improvements to internal methodology and processes
  • Ability to train and help develop junior team members
  • Must have high proficiency in Microsoft Excel, Word, and PowerPoint
  • Experience with database software such as SQL or Tableau is a plus
  • Must possess excellent soft skills and client facing experience
  • Must have a positive attitude and be a collaborative team player
  • Ability to work effectively under pressure and in ambiguous situations
  • Must be able to take direction from leaders and support management decisions

Who We Are

About Cox Automotive

There’s nothing ordinary about Cox Automotive. We are people of every background driven by our passion for mobility, innovation, client success and community outreach. We make buying, selling and owning (or simply using) cars easier for everyone. Touching more than 40,000 clients across five continents, we bring together the best brands and the best teams to propel the automotive industry forward. Some of those team members work for our iconic consumer brands like Autotrader and Kelley Blue Book, while others are creating the future of automotive at industry-facing brands like Dealer.com, Manheim and vAuto.

About Cox

We are the Cox family of businesses. We’ve been making our mark since 1898 by building and evolving world-class businesses, staying true to our values, and encouraging top talent to always look for growth and impact while building a career with us. Our primary divisions – Cox Communications and Cox Automotive – are driving a new wave of innovation, powering smart cities with powerhouse broadband communications and pioneering greener, more progressive transportation alternatives for individuals and fleet operators. We’re also expanding into new spaces like cleantech and healthcare to rev up our momentum toward building a better future for the next generation. We’re looking for the talent today who will be our leaders tomorrow. Sound intriguing? Learn more about where we are today, where we hope you’ll be going with us, and the common purpose that unites us at coxenterprises.com.

Cox is an Equal Employment Opportunity employer – All qualified applicants/employees will receive consideration for employment without regard to that individual’s age, race, color, religion or creed, national origin or ancestry, sex (including pregnancy), sexual orientation, gender, gender identity, physical or mental disability, veteran status, genetic information, ethnicity, citizenship, or any other characteristic protected by law.

Statement to ALL Third-Party Agencies and Similar Organizations: Cox accepts resumes only from agencies with which we formally engage their services. Please do not forward resumes to our applicant tracking system, Cox employees, Cox hiring manager, or send to any Cox facility. Cox is not responsible for any fees or charges associated with unsolicited resumes.

Job ID: 204574