Senior Risk Analyst, Risk Instruments at Mercedes-Benz Financial Services USA LLC, Farmington Hills, MI

Primary Purpose of Job
Develop, implement and monitor statistical and behavioral based analytical tools and systems to evaluate collection strategies for the US. Develop, recommend and monitor collections strategies. Support credit risk policy, procedures, and processes for portfolio management. Position may require ICS compliance activities as applicable.

Responsibilities:

• Develop, implement and monitor Risk Based Collection strategies and scoring models that support the U.S. Car and Truck collection and recovery process. 50%
• Provide transparency on segment specific portfolio performance as well as portfolio quality. 20%
• Support global DFS Risk Management projects in order to ensure that DFS utilizes best of class practices as it pertains to risk processes and quantification tools. 15%
• Support credit risk policy, procedures, and processes for portfolio management. 15%  

Decision Making
 

• Participate in projects and provide information as required - Weekly
• Best practice sharing as it pertains to scorecard development, collection strategies and overall process improvement. Participate in cross divisional projects and provide reporting as required. - Daily
• Communicate strategic direction of credit life cycle related initiatives to all levels of management. - Daily

 
Primary

• Senior Management: Risk, Credit, Controlling, Operations, Global MBFS Risk Management - Best practice sharing as it pertains to scorecard development, collection strategies and overall process improvement. Participate in cross divisional projects and provide reporting as required. - Daily

Education Required Bachelor’s Degree in :  

• Economics
• Finance
• Mathematics
• Statistics
  

Preferred Master’s Degree in :  

• Economics
• Finance
• Mathematics
• Statistics

Knowledge (necessary to perform proficiently in this position)

• Must have 5-8 years (total) of experience in the following:

 

• Business - General 3-5 Finance 3-5 Risk Management 3-5 years

Additional Knowledge:

• 5-8 years of experience in Finance, controlling or relevant analytical positions.

 

Skills, Abilities and Knowledge:

• Analytical Skills
  • Ability to Collect data and establish facts and identify trends and variances
  • Ability to Integrate information from a variety of sources with varied levels of complexity
  • Ability to Review and interpret and evaluate statistical information
  • Ability to Formulate and test hypotheses for the purpose of forecasting outcomes
• PC Skills  
• Microsoft Office
• Presentation Skills  
• Problem Solving & Analysis Skills  
• Project Management Skills  
  • Team member

Additional Skills:  

• Technical finance or analytical/statistical background awareness of risk management concepts, credit or collection policies is required.
• Experience in database design using Access is required, expert knowledge of S.A.S. (Statistical Analysis Software) is preferred.
• Good understanding of automotive financial service business model.
• Strong written and verbal communication skills
• Experience in interacting with multiple stakeholders at all levels of the organization.

• Collections; credit operations; report writer; financial analyst