Work Placement / Internship

Alphabet (GB) Ltd, Farnborough - Asset Risk - 13 month placement (July 2022)

Farnborough, Hampshire.

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We be­lieve in cre­ating an envi­ron­ment where you, our placement student, can learn and develop dur­ing your time with us and where you are giv­en your own ar­eas of responsibilities from the start. Our experts and mentors will treat you as part of the team from day one; encour­aging you to bring your own ideas to the table and to give you the opportunity to show what you can re­ally do.

BMW Placements

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The Asset Risk team is responsible for managing the residual value (RV) and maintenance (SMR) risk for the Alphabet vehicle portfolio. This involves forecasting the RV and SMR for all available new vehicle makes and models for the Alphabet quotation system, as well as managing the risk of vehicles currently on the live fleet, all of which is critical to the success and profitability of the business.

What will you be doing?

  • Support Asset Risk team by taking responsibility for key elements of analysis and tasks:
  • Analysis of vehicle market, usage and valuation trends, often with very large data sets, for example vehicle used value and auction data, depreciation curves, vehicle usage data etc
  • Provide regular and adhoc reporting, with also presenting results and recommendations at internal meetings, working groups and committees.
  • Support with the overall Asset Risk strategy and both ongoing and new projects
    Identify and implement process improvements
  • Collaborate with various internal departments (Remarketing, Controlling, Commercial, Data) and also the wider BMW Group on new model launches and the Alphabet international team
  • Stay abreast of the UK car and LCV industry and trends, and the factors the impact used vehicle values, with a high focus on electrification and future technology
  • Support with communications with external data suppliers and vehicle manufacturers
  • Collating, analysing and presenting reporting as required by the Head of Asset Risk
  • Respond to Asset Risk queries from internal teams to the team inbox
  • Support team with various operational risk, process management and audit requirements
  • Potential to support other Risk teams such as Credit, Interest Rate, Strategic and Operational Risk

Qualifications and Experience

  • Studying toward a degree in a relevant discipline and on track to achieve a 2:2 or above, for example Business Studies, Economics, Maths, Finance 
  • High level of Excel skills essential, knowledge of SAS or Qliksense is desirable but not essential.
  • Good working knowledge of other Microsoft Office products such as PowerPoint.
  • Excellent levels of numeracy essential, above average focus on attention to detail.
  • An active interest in the UK automotive market and understanding of vehicle manufacturers and models would be advantageous.
  • Excellent communication, presentation and influencing skills
  • Part time work experience in customer service or business related environments is ideal
  • Experience leading and managing teams in university projects or in a volunteering capacity also beneficial
  • Self confidence in liaising with contacts at all levels proactively and diplomatically.
  • Self-motivated and organised, able to prioritise and manage time effectively and work on multiple tasks.
  • Inquisitive, curious and hungry for knowledge.
  • Excellent team player, offers support proactively.

Did you know…

Farnborough is home to our BMW, BMW Motorrad, MINI, ALPHERA and Alphabet National Sales Centres. We’re proud of our office environment and achievements.

We offer a modern way of working with an empowering office culture, some aspects of which include:

  • Our work persona shift – being yourself is effortless and so increases efficiency and reduces wasted energy. For this reason we allow our employees to express themselves through the way they dress.
  • Flexible working hours - working flexibly improves mental perspective and increases sustained productivity. This means our leaders maintain balance, not burnout, through focusing on output, not attendance.
  • The opportunity to get involved with our continued support to our house charity with a variety of fundraising events throughout the year.
  • Throughout our offices there are open creative spaces which hold facilities such as table-tennis tables to encourage innovation and employee engagement.

Why choose us?

  • Great Pay – a competitive annual salary of £18,500, 27 days’ holiday (pro rata to your contract) and a pension scheme.
  • Rewarding Work-Life Balance – contracted working hours are 37.5 hours a week, helping you develop a fulfilling work-life balance.
  • Exciting Additional Benefits - throughout your placement you will be supported by our experts and have the opportunity to enjoy other employee benefits.

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Job ID Number: 210002CU
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Opportunity Overview

  • October 31st, 2021
  • £18,500 + benefits
  • 2:2 and above (expected)
  • 13 Months
  • Farnborough
    (Show map)

Disciplines accepted...

  • Analytics
  • Data Science
  • Finance
  • Maths
  • Statistics

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