Sr. Utilization Lease Analyst

GATX • Chicago, IL

5d

About The Position

Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE: GATX) strives to be recognized as the finest railcar leasing company worldwide. Our competitive advantage is our full-service leasing business model, including a world-class railcar maintenance network. The key to our long-term growth and success is attracting and retaining top talent. The purpose of this role is to review and analyze revenue/expense activity associated with GATX’s portfolio of utilization-based leases for the Rail Commercial Group assessments to maximize profitability. This position will be required to work independently to review, reconcile and ensure that for GATX’s rail marked equipment fleet, all car hire and maintenance activity is accounted for properly per lease contract terms. In addition, this role will have oversight of the 3rd party vendor’s and/or leasing railroads reporting this activity.

Requirements

• Bachelor’s degree or equivalent experience required
• 4-6 years of experience in various railcar leasing functions and/or railroad operations
• Knowledge of utilization-based railcar leasing and related systems and processes (including Railinc systems and databases like UMLER and CHARM)
• Understanding of rail industry rules and processes governing railcar utilization, including the Code of Car Hire Rules, the Code of Car Service Rules, circular OT-10, and other related rules and processes
• Knowledge of SAP (minimum of 2 years of experience)
• Must be proficient with Microsoft Office Suite

Responsibilities

• Report on, process, and audit all revenues from utilization-based leases, including car-hire based leases, trip leases, and any and all other non-fixed-rate leases for owned and managed cars.
• Administer and update contract lease term rates via 3rd Party’s application(s)- RAILINC’s Car Hire Rate Negotiation Self Service and GE’s Account Receivable Contract Rate File.
• Audit and reconcile monthly car hire revenue exception reports for potential lost revenue, this would be determined by identifying uncollected car hire, ensuring accurate issuant of car hire claims, and problem resolution of the fleet’s error default rates changes.
• Generate (estimated) summary report(s) on the utilization-based lease deals, outlining current monthly car hire revenue and maintenance activity for Commercial Meeting overview.
• Provide ad-hoc analysis of Utilization lease’s car hire revenue and maintenance expense.
• Manager yearly revalidation through RAILINC’s Letter of Authorization (LOA) application of rail marks that GATX’s act as mark agent within the Industry to control revenue & expenses for owned and managed stenciled rail equipment.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1,001-5,000 employees