Risk Analyst Intern (12 Months)

"HIT THE APEX. CUT THE RISK. WE GIVE EVERYTHING TO RISK NOTHING. EXPAND THE OPPORTUNITIES. CUT THE RISK. "
BMW Financial Services is looking for a Risk Analyst Intern to join the team in June 2023 for a 12 month tenure. The Risk Intern is responsible for assisting the BMW Financial Services Risk Management Department in managing the Residual Value Risk of the leasing portfolio.

• Statistical modeling and detailed analysis of relevant market data
• Tracking realized market value performance relative to the competition
• Complete ad-hoc requests related to the Risk function and present findings to management
• Liaise with counterparts in Munich on relevant topics
• 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
• Conduct validation efforts of existing risk methodologies and provide insights and recommendations on improvements
• Monthly update of standardized internal reporting for residual value risk KPIs
• Other duties as assigned
• Working closely with internal stakeholders and external data providers to improve data breadth and accuracy

Qualification:

• Pursuit or completion of a Bachelor’s Degree in Statistical Analysis and/or Mathematics, Finance, Economics, or equivalent experience is required.
• Excellent communication, interpersonal, and presentation skills.
• Familiarity with the SQL programming language for data extraction is considered an asset.
• Creative, ability to think “outside the box”.
• Familiarity with data visualization software Tableau considered an asset.
• Strong mathematical aptitude and proven analytical skills.
• Strong Microsoft Office skills (Excel, Access, PowerPoint, Word) required.

Benefits of working at BMW Group Canada include:

• An award winning culture.
• Fully stocked coffee/tea bar.
• Cutting edge innovation and creativity.
• Fresh & nutritious meals in our amazing fully staffed, and subsidized, onsite cafeteria.
• Flexible working models.**
• World-class office space.
• Highly competitive compensation.

What are you waiting for...jump into the driver's seat and apply today!
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.
BMW has an accommodation process in place that provides accommodations for employees with disabilities. Accommodations for disabilities in relation to the job selection process are available upon request. If you require a specific accommodation because of a disability or a medical need, or you would like to learn more about our Accessibility policies, provide feedback or request documentation, please contact [email protected].

• We encourage interested candidates who may legally work in Canada to apply for the role. Our organization follows a hybrid work structure. To be eligible for this role, candidates are expected to work from our Head Office in Richmond Hill, Ontario three times in a week.