Job Description

End Date

Thursday 23 October 2025

Salary Range

59,850 - 66,500

We support flexible working - click here for more information on flexible working options

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 (RV) Research Manager - Transport

LOCATION(S): Manchester

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time at an office hub mentioned above.

About this opportunity:

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Are you passionate about the automotive industry and excited by the pace of change in the transport sector? If so, we have a fantastic opportunity to join the RV & Pricing Management team within the Transport division of Lloyds Banking Group (LBG).


Residual Value (RV) management plays a vital role in supporting the UK's transition to Electric Vehicles (EVs), a key pillar of LBG's purpose: Helping Britain Prosper by Keeping Britain Mobile .


As RV Research Manager, reporting to the Senior Manager, RV Development, you'll lead the research into existing and emerging trends that influence used vehicle market values. Your insights will directly inform our RV forecasting models and strategic decision-making.

Key Accountabilities:

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Deliver thought leadership on future market trends, including vehicle technology, legislation, and consumer behaviour. Analyse macroeconomic and industry factors affecting RVs, such as supply volumes, OEM strategies, and demand shifts. Produce segmentation analysis to support RV forecasting (e.g. fuel types, age categories, vehicle segments). Collaborate with internal teams (RV Forecasting, Group Finance, Risk) to evolve RV risk segmentation and strategy. Create and present stakeholder briefings that demonstrate innovative thinking and commercial application of RV insights. Build strong relationships across the Transport business, OEMs, and external market insight providers.

What you'll need

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Expertise in Residual Value forecasting

is essential. Strong understanding of

financial and econometric modelling

techniques; familiarity with

CAP data structures

is a plus. Exceptional analytical and problem-solving skills, with the ability to navigate ambiguity and dynamic market conditions. Strategic mindset with the ability to interpret and apply market, competitor, and business insights. Proven ability to build influential relationships and communicate complex ideas clearly and persuasively. Experience in preparing and presenting papers to senior stakeholders.

About working for us

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Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we're committed to creating an environment in which everyone can thrive, learn and develop.


We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.


We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.


We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

We also offer a wide-ranging benefits package, which includes:

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

If all of this resonates, and you want a job with big meaning, then please do get in touch to discuss!

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 values-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.