Manager, Investment Risk Management
Overview:
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.
Manage and evaluate the risk of the investment portfolio including new investments, current investments, and the overall portfolio position. Assist with the establishment and administration of credit risk management policies, standards, guidelines and procedures to ensure compliance, and ensure the integrity and regulatory compliance of the risk management policy. Take the lead on transparent, accurate, and timely reporting to senior management pertaining to the credit portfolio. Oversee the analysis and evaluation of new and existing investment opportunities.
Responsibilities:
- Perform analysis of quantitative and qualitative factors pertaining to the creditworthiness of current and prospective customers, assign credit ratings, and oversee the monitoring of the portfolio. Recommend delegated authority limits.
- Assist with the analysis and portfolio monitoring of current and prospective customers in North America and Europe.
- Analyze risk involved in new investments including financial analysis and structure issues.
- Perform ad hoc analysis, industry studies, and evaluate transaction structuring.
- Identify key metrics and provide ongoing portfolio status reports to senior management.
- Participate in the development and enforcement of credit policy and portfolio monitoring policy and related operating procedures.
Qualifications:
Interaction:
- Takes the lead managing communication with transaction teams in Rail North America (Legal team, Contracts, Fleet Managers, Structured Finance, the Sales team, and senior management), including gathering financial statements and other supporting documents, reviewing the terms of investments, and escalating concerns to senior leadership.
- Takes the lead managing troubled accounts. This involves working with the Legal team, Contracts, Fleet Managers, Structured Finance, the Sales team, and senior management as needed.
- Works with Director, Investment Risk Management and Chief Risk Officer to address areas of financial concern.
- Provide reporting metrics to Director, Investment Risk Management and Chief Risk Officer as needed.
- Manage staff of 1-2 credit analysts.
Education and/or Experience Required (including certifications):
- BS in Business, Finance or related field required.
- MBA, post graduate degree, CFA (or in process) strongly preferred.
- Minimum 5-7 years’ experience in banking or credit, evaluating legal issues with deal structures and financial analysis.
- Previous leasing experience a plus.
- Rail experience a plus.
Key Competencies:
- Strong communication and negotiation skills
- General understanding of legal concepts
- Ability to communicate complex subjects succinctly and accurately
- Sound judgment, critical thinking and analytical skills
- Logical and creative thinking on the spot (part of negotiating and structuring)
Salary range:
As of the post date, the salary range for this position is:109000.00 USD - 140000.00 USD
This range is a reasonable estimate and takes into account several factors that are considered in making compensation decisions, including, but not limited to, geographic location, skill set, experience, education, training, internal equity, and other business needs.
This role may be eligible to participate in the Company’s short-term incentive plan, the details of which will be provided to the applicant upon hire.