The Risk Analyst is responsible for the development and ongoing application of an analytical framework for evaluating and managing residual value risk on a predictable and profitable basis.
Specific responsibilities include but are not limited to:
Setting and monitoring of residual values for BMW Group vehicles
Statistical modeling and detailed analysis of relevant market data
Working closely with the BMW sales company in Canada and external data providers to improve processes and methodologies
Calculation of residual value risk reserves on a monthly basis
Tracking realized market value performance relative to the competition
Prepare and present internal management reports on residual value development
Analyze the historic residual performance of the portfolio and develop visual and written reports that summarize these results, identify trends, explain variances from expectations and provide recommendations for improvements
Build and enhance the ongoing relationships with external residual value agencies
Liaise with the Risk team in Munich on relevant topics
Ensure compliance with all corporate risk guidelines
Other duties as assigned
Bachelor’s Degree in Finance, Economics, Statistical Analysis and/or Mathematics or equivalent experience is required
1-2 years of Automotive Finance / Risk Management experience preferred
Strong mathematical aptitude and proven analytical skills
High attention to detail
Self-motivated, results-driven and highly organized
Able to perform in a fast-paced, team-based environment
Excellent communication, interpersonal and presentation skills
Advanced Microsoft Office skills (Excel, Word, PowerPoint) required
Accommodations for disabilities in relation to the job selection process are available upon request.
BMW Group Canada is committed to attracting and retaining a diverse team of associates and creating an inclusive environment. BMW Group Canada does not discriminate against applicants based on race, national or ethnic origin, colour, religion, sex, sexual orientation, gender identity, or disability or any other status or condition protected by applicable federal, provincial or territorial law.