Sr Analyst, Portfolio Management

GATX Corporation • Chicago, IL

83d • $78,800 - $103,000 • Hybrid

About The Position

Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE: GATX) is an industry leader with 125+ years of success—success that is powered by our people. We are proud of our high-performance culture, hard-working and enthusiastic management team, and beautiful office space in the Willis Tower. At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to advance in their careers. The Senior Fleet Portfolio Analyst will manage the day-to-day pricing and deployment of a subset of GATX's North American railcar fleet totaling between 7,500 to 15,000 cars. The goal of this position is to maximize GATX's economic return on its investment in the selected car types by successfully completing railcar lease transactions including assignments, renewals, and releases. They will also support investment decisions and strategic fleet portfolio management activity for the subject fleet under the guidance of the VP (or Director) of Fleet Portfolio Management.

Requirements

• Bachelor's degree.
• 3-5 years of experience (rail industry or equipment leasing) preferred.
• Basic knowledge of railcars (operational or financial) preferred.
• Understanding of basic principles of finance is strongly preferred.
• Ability to take ownership of multiple activities, while achieving results in a fast-paced environment.
• Ability to take responsibility for successfully completing commercial transactions.
• Willingness to independently make decisions, exercise judgment, and have responsibility for them, while only having partial, ambiguous, or incomplete information.
• Ability to interpret market information provided, and negotiate for optimal outcome.
• Entrepreneurial attitude and initiative, and the ability to create value without the benefit of a detailed roadmap.

Responsibilities

• Manage the overall assignment process, and all individual transactions, for each product code/fleet where (s)he has responsibility.
• Handle the placement of an existing car on lease by responding to and quoting on inquiries from account managers.
• Identify the proper equipment, investigate the mechanical and economic feasibility of alteration as needed, negotiate the rate, term, and payment responsibility for all items outside of rate and term.
• Manage the renewal process, and all individual renewal transactions, for each product code/fleet where (s)he has responsibility.
• Set the target lease rate and term within FPM guidelines, and seek to add value through transaction enhancements.
• Manage the overall release process, and all individual releases, for each product code/fleet where (s)he has responsibility.
• Assess the car's future marketability and work with the Fleet Order Execution and Operations Teams to ensure economical repair decisions.
• Develop and implement tactics to optimize existing fleet availability and define the optimal number of 'ready cars' for each product code/fleet.
• Perform tasks to support implementation of strategic initiatives intended to maximize existing fleet returns and profitable growth.
• Conduct analysis in support of fleet planning and reporting, budgeting and forecasting, and drafting of investment and asset sale recommendation write-ups.
• Provide decision support through analysis of potential capital expenditures and projected conversion and assignment costs.

Benefits

• Salary range: Min USD $78,800.00/Yr. Max USD $103,000.00/Yr.
• Eligible to participate in the Company's short-term incentive plan.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Support Activities for Transportation
• Education Level: Bachelor's degree