Senior Risk Analyst - Residual Valuations

Welcome to excitement and opportunity. Welcome to Toyota Financial Services (TFS). If you're a motivated individual, then TFS is the destination you've been looking for. Since 1983, TFS has grown from a small company of eight associates to more than 2800, with over $60 billion in managed assets, serving 3 million customers under the Toyota Financial Services and Lexus Financial Services market brands. At TFS, tomorrow means rising to the challenges of a changing marketplace by promoting a high-performance culture that will allow us to develop better solutions, programs, and services for both existing and new customers. Our commitment to delivering extraordinary customer care creates the trust and loyalty that drives our business. To make your mark as Senior Risk Analyst - Residual Valuations Admin. you will: Analyze quantitative and qualitative information related to the automobile market with the purpose of forecasting used vehicle prices -Investigate, collect, and analyze auto industry and economic information and data impacting used vehicle prices, including, but not limited to, information regarding economic trends/forecasts, new and used car markets, emerging technology, and competitor vehicles and sales -Collect data and prepare lease residual value proposal files for quarterly residual analysis and recommendations -Support forecasting of residual values for vehicles from 2 to 5 years out by analyzing historical trends and incorporating assumptions about future economic and auto industry conditions -Analyze historical patterns and trends in wholesale values from TFS’ portfolio and the AuctionNet database -Maintain awareness of trends in the economy and automotive industry Design and administer TMCC residual risk management model & tools -Support development of TMCC residual risk management model that will focus on improving the residual setting process, residual value loss forecasts, and ongoing lease portfolio analysis -Use appropriate statistical forecasting techniques to identify factors that correlate with used vehicle prices -Use MS Excel or Access skills to produce a semi-automated model that forecasts used vehicle values and the number of vehicles returned to TMCC (i.e., lease return rate) -Validate and adapt model to changing internal and external conditions -Develop, enhance, and maintain databases that form the foundation for lease portfolio analysis (i.e. AuctionNet database of used vehicle auction prices) -Develop data retrieval tools and/or dashboards to enhance access of subject data by end users -Develop industry and vendor relationships to identify different sources of information including industry practices and trends -Continually update and monitor the validity of the data Qualifications TFS is looking for individuals with strong business sense and practical expertise. Successful candidates must have: - 5+ years experience in the financial services industry, with strong preference given to risk management experience and/or auto industry experience. - Minimum of 2 years experience in a strategy and statistical model development role. - High degree of creativity, adept at problem solving, excellent teamwork skills and experience. - Strong verbal and written communication skills. - Strong computer skills (PC, UNIX and mainframe) - Must have hands-on experience with analytical tools and software (e.g. SAS, EViews, KnowledgeSeeker, etc.). - Minimum of a Master's degree in a quantitative discipline such as economics, finance, engineering, mathematics, management science or statistics. - Thorough knowledge of Microsoft Office (Excel, Power Point, Word etc.) - Experience in delivering production and adhoc reports to a wide audience using a standard reporting package. - Expertise in financial and statistical analytical packages such as SAS, EViews, etc. - Some coding capability in a language such as C+, Java, UNIX scripts, etc. Expert level is not required. Toyota Financial Services rewards both individual and organizational results with well-balanced compensation, benefits and perquisite programs. Our associates, our enthusiasm, and our dedication are the foundation of our success. If you are ready for a new destination, we would like to hear from you. EOE. M/F/D/V. To learn more about us, please visit: www.toyotafinancial.com/careers To Apply for this position, please CLICK HERE