Why Risk Statistician?
The Risk Statistician plays a role in supporting the portfolio forecasting team, and providing statistical support and expertise to projects originating from the Portfolio Forecasting group within Risk Management. This position focuses on assisting in the design and development of complex portfolio forecasting models, analysis of credit performance within the broader auto finance market, and developing and maintaining credit score based loss models. These models are used to support corporate planning, financing loan pricing operations, and the Allowance for Loan Losses. In addition, this position is responsible for completing ad-hoc statistical analyses of factors relating to originations and portfolio performance, under the guidance of a Senior Statistician or AVP.
About the role:
- Assist in the design, development, and maintenance of sophisticated statistical forecasting models and analytical tools
- 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 model validation to ensure data results are accurate
- Promote innovative ways to visualize and digest complex data
- Effectively summarize and communicate analysis results, expectations, statistical methodology and results to management
- Assist in ad-hoc research projects incorporating project design, data collection and analysis
- Monitoring and validating model performance and updating models as needed
- Gathering and analyzing data to determine impact to business operations
Responsibilities
What makes you an ideal candidate?
- Advanced knowledge of applied statistical methodologies
- Knowledge of quantitative, analytical and data mining
- Knowledge of SAS, Excel, Word and PowerPoint
- Knowledge of spreadsheet modeling and credit risk techniques
- Ability to coordinate and balance numerous tasks under pressure and meet deadlines
- Ability to identify and understand business issues and map these issues into quantitative questions
- Ability to identify emerging business issues and place them into quantitative questions
- Ability to interact collaboratively with internal customers and external vendors
- Process and model documentation skills
- Advanced quantitative skills and ability to apply complex econometric principles
Advanced quantitative skills and ability to apply complex statistical principles
- Understanding of the metrics utilized in monitoring the performance of a consumer lending portfolio is a plus
Experience & Education:
- 0-2 years of experience working with complex Excel workbooks, querying large multi-table datasets, data analysis, data presentation, and statistical analysis and modeling; the qualified candidate will also be able to demonstrate proficiency with the following tools: SAS and/or SQL, Microsoft Excel, PowerPoint, and Word preferred
0-2 years experience in consumer loan or lease portfolio analysis, modeling and/or forecasting preferred
- Bachelor’s Degree Statistics, Applied Mathematics, Econometrics, Operations Research or similar quantitative field; degrees in non-quantitative fields considered with adequate work experience required
- Master’s Degree Statistics, Applied Mathematics, Econometrics, Operations Research or similar quantitative field preferred
What We Offer: Generous benefits package available on day one to include: 401K matching, bonding leave for new parents (12 weeks, 100% paid), tuition assistance, training, GM employee auto discount, community service pay and nine company holidays.
Our Culture: Our team members define and shape our culture — an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work — we thrive.
Compensation: Competitive pay and bonus eligibility.
Work Life Balance: Flexible hybrid work environment, 2 days a week in the office.
Top Skills
What We Do
GM Financial is the captive finance company and the wholly owned subsidiary of General Motors and is headquartered in Fort Worth, Texas. The company is a global provider of auto finance solutions, with operations in North America, Latin America and China. Through our long-standing relationships with auto dealers, we offer attractive retail loan and lease programs to meet the needs of each customer. We also offer commercial lending products to dealers to help them finance and grow their businesses. GM Financial employs more than 9,000 hard-working team members, and we're always looking for new people with diverse talents. GM Financial is a workplace where dedicated people have the opportunity to work together and celebrate our successes. Our culture is based on respect, integrity, innovation and personal development. GM Financial is committed to strengthening the communities where we live and work. Each year, we select several philanthropic organizations to support through our Signature Events program. The company and its team members actively support these organizations through many company-wide initiatives; in addition we support numerous other nonprofit organizations through sponsorships and monetary donations.
