What are the responsibilities and job description for the Risk Analyst - Portfolio Forecasting position at GM Financial?
Overview:
The Risk Analyst – Portfolio Forecasting is responsible for assisting in the design, development, and maintenance of complex portfolio forecasting models. The models are used to support corporate planning, financing and account servicing operations. In addition, this position is responsible for analysis and reporting on factors that affect portfolio performance such as delinquency, loss frequency, loss severity, bankruptcies and payoffs.
Responsibilities:
JOB DUTIES
- Assist in the design, development, and maintenance of sophisticated portfolio forecasting models
- Utilize data mining and advanced spreadsheet/technical skills to participate in complex forecasting, modeling, analysis, and reporting related to factors that affect portfolio performance
- Employ best practices of data analysis and validation to ensure data results are accurate
- Promote innovative ways to visualize and digest complex data
- Proactively monitor and report relevant changes in portfolio performance to management
- Effectively summarize and communicate portfolio performance trends, expectations, forecast methodology and results to management
- Perform other duties as assigned
- Conform with all company policies and procedures
Knowledge
- Demonstrated understanding of data mining, data analysis and visualization, quantitative and analytical methods, and sophisticated forecasting techniques
Skills
- Advanced with Microsoft Excel, PowerPoint, and Word
- Experience with data analysis and spreadsheet modeling and/or reporting
- Experience with coding (SAS or SQL preferred) for data mining and transformation in a data warehouse environment
- Demonstrated quantitative skills
- Acute attention to detail
- Effective written and verbal presentation skills
- Capable of managing multiple projects, including ability to coordinate and balance numerous tasks in a time-sensitive environment, under pressure, meeting deadlines
- Ability to identify and understand business issues and map them into quantitative questions
Additional Knowledge Skills and Abilities
- Understanding of the metrics utilized in monitoring the performance of a consumer lending portfolio is a plus
Education
- Bachelor’s Degree Finance, Economics, Mathematics, Business, Business Analytics, MIS, or other quantitative field; degrees in non-quantitative fields considered with adequate work experience required
- Master’s Degree Finance, Economics, Mathematics, Business, Business Analytics, MIS, or other quantitative field preferred
Experience
- 0-2 years Experience working with complex Excel workbooks, querying large multi-table datasets, data analysis, and data presentation; experience in consumer loan or lease portfolio analysis, reporting and/or forecasting preferred
Working Conditions
- Normal office environment
- Limited travel may be required to support business needs
Salary : $52,900 - $0