Economist I

GM FinancialFort Worth, TX
Hybrid

About The Position

Why GM Financial? GM Financial is the wholly owned captive finance subsidiary of General Motors and is headquartered in Fort Worth, U.S. We are a global provider of auto finance solutions, with operations in North America, South America, and the Asia Pacific region. Through our long-standing relationships with auto dealers, we offer attractive retail financing 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. At GM Financial, our team members define and shape our culture — an environment that welcomes new ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work — we thrive. Our Purpose: We pioneer the innovations that move and connect people to what matters This position will be posted until filled. Responsibilities The Economist I is responsible for assisting in the data collection and maintenance of data driven models. The Economist I plays a role in the production of research and analysis to quantify the impact of economic, legal and industry factors that affect portfolio performance and asset values. This position is responsible for being the subject matter expert on the used vehicle market. This position is also responsible for summarizing, reporting and providing polished presentations on findings to a variety of internal clients as well as interacting with other departments in the interest of achieving the overall company objectives. This position will assist the Data Science and Remarketing teams in modeling efforts through an in depth knowledge of econometrics, diligent knowledge of economic and market data, and providing insightful interpretation through outside of the box analysis. To improve ad-hoc executive decisions, the Economist I applies advanced analytical skills and processes through data analysis, model development and strategy testing.

Requirements

  • Ability to identify and understand business issues and map these issues into quantitative questions
  • Efficiently work with large datasets
  • Ability to design and implement model documentation and monitoring protocols, demonstrated understanding and experience with technical systems, rational datasets, data warehouses, and data analysis techniques
  • MS Office required
  • Effective written and verbal presentation skills with an ability to communicate well with Senior Management
  • Ability to interact collaboratively with internal customers and external vendors
  • Capable of managing multiple and varied projects, including the ability to coordinate and balance numerous tasks in a time-sensitive environment, under pressure
  • Master’s degree in Econ, Finance, Business, Statistics, Mathematics or similar field required
  • Bachelor’s degree in Econ, Finance, Business, Statistics, Mathematics or similar field required

Nice To Haves

  • SAS programming experience preferred

Responsibilities

  • Assist in analyzing key metrics and performing data analysis
  • Support the used vehicle market monitoring process, including detailed analysis of residual value projections, monthly reporting and ad-hoc analysis
  • Develop and maintain various databases
  • Assist team in preparing residual value meetings
  • Build technical knowledge to support research and analytic responsibilities
  • Assist in conducting ad-hoc research projects, incorporate project design, data collection and analysis, summarizing findings, developing recommendations and effectively communicating to leadership the impact to the business
  • Ensure that the delivered products meet the business needs of the company
  • Partner with and provide recommendations to business leadership on the appropriate application of economic analysis, market data and predictive analytics to business strategies and effectively communicate risk analysis and implications to senior leadership

Benefits

  • 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.
  • Competitive pay and bonus eligibility.
  • Flexible hybrid work environment, 2-days a week in office.

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What This Job Offers

Job Type

Full-time

Career Level

Entry Level

Number of Employees

1,001-5,000 employees

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