Consumer Auto Loss Forecasting - Senior Analyst

At Ally Financial, we strive to provide innovative and data-driven solutions for our customers. As a Senior Analyst for our Consumer Auto Loss Forecasting team, you will play a crucial role in helping us accurately predict and manage financial risks related to consumer auto loans. We are seeking a highly analytical and experienced professional to join our dynamic team and drive our loss forecasting efforts to new heights. If you are passionate about utilizing your skills to make a significant impact in the financial industry, we invite you to apply for this exciting opportunity.

1. Conduct thorough analysis of consumer auto loan data to identify trends and patterns that impact loss forecasting.
2. Develop and maintain complex mathematical models to accurately forecast potential losses in the consumer auto loan portfolio.
3. Collaborate with cross-functional teams to gather data and insights from various sources and incorporate them into the forecasting models.
4. Continuously monitor and evaluate the performance of existing forecasting models and make necessary adjustments to improve accuracy.
5. Communicate findings and recommendations to stakeholders, including senior management, to inform decision-making processes.
6. Stay updated on industry trends, regulatory changes, and best practices related to loss forecasting and incorporate them into the forecasting process.
7. Lead and mentor junior analysts, providing guidance and support to help them develop their skills and contribute to the team's success.
8. Participate in the development and implementation of new strategies and initiatives to improve the overall performance of the consumer auto loan portfolio.
9. Collaborate with other departments, such as risk management and finance, to ensure alignment and consistency in forecasting and risk management practices.
10. Maintain accurate and up-to-date documentation of all forecasting processes and results, ensuring compliance with internal policies and external regulations.

According to JobzMall, the average salary range for a Consumer Auto Loss Forecasting - Senior Analyst in Charlotte, NC, USA is $75,000 to $95,000 per year. This may vary depending on factors such as experience, skills, and the specific company or organization.

Ally Financial provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.