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Economic Analyst

GM Financial
Fort Worth - United States
S: Competitive

BASIC FUNCTION:
The Economic Analyst is responsible for assisting in the data collection, design, development, deployment and maintenance of data driven econometric models. The Economic Analyst plays a key role in the production of research and analysis to quantify the impact of economic, legal and industry factors that affect portfolio performance and asset values. This research support strategic planning, as well as the specific needs of Pricing, Investor Relations, Structured Finance, Dealer Services and Credit Risk Management. This position is responsible for being the subject matter expert for the Economics team on in-house data and will assist the AVP Economic Analysis in modeling efforts through an in depth knowledge of econometrics, diligent knowledge of economic and market data, and providing insightful interpretation through outside of the box analysis. To improve ad-hoc executive decisions, the Economic Analyst applies advanced analytical skills and processes through data analysis, model development and strategy testing. This position is also responsible for summarizing, reporting and providing a polished presentation on findings to a variety of internal clients as well as interacting with other departments in the interest of achieving the overall company objectives.

JOB DUTIES:
· Subject matter expert for the Economics team on in-house data.
· Assist in developing econometric models, performing statistical analysis, developing scenario models, monitoring and validating model performance and updating models as needed.
· To assist in model development and market monitoring process, developing and maintaining various databases, maintaining expert level knowledge of economic series and databases and continually building technical knowledge to support research and analytic responsibilities.
· In conducting ad-hoc research projects, incorporate project design, data collection and analysis, summarizing findings, developing recommendations and effectively communicating to leadership the impact to the business.
· Apply economic principles, knowledge of third party data sources, and creative econometric expertise in developing new models to new business areas.
· Provide modeling and econometric to ensure that the delivered products meet the business needs of the company.
· Partner with and provide recommendations to business leadership on the appropriate application of econometric analysis, market data and predictive analytics to business strategies and effectively communicate risk analysis and implications to senior leadership.

REPORTING RELATIONSHIP:
Reports to: AVP Economic Analysis
Direct Reports: No

QUALIFICATIONS:

Knowledge
· Strong quantitative skills.
· Ability to identify and understand business issues and map these issues into quantitative questions.
· Efficient modeling skills with very large datasets.
· Proficiency in econometric or statistical experimental design, ability to design and implement model documentation and monitoring protocols, demonstrated understanding and experience with technical systems, rational datasets, data warehouses, and data analysis techniques.
· Advanced knowledge of principles, standards, practices and techniques relating to econometric modeling for a financial firm.
· Advanced knowledge of applied methodologies including least squares regression, logistic regression, sampling methodologies, time series, survival analysis, cluster analysis, categorical data analysis, decisions trees, multivariate methodologies, non-parametric techniques, principal components, and linear programming techniques.
· Advanced skills in STATA, SAS, Excel, Word, and PowerPoint.

Skills
· Effective written and verbal presentation skills with an ability to communicate well with Senior Management
· Ability to interact collaboratively with internal customers and external vendors.
· Capable of managing multiple and varied projects, including the ability to coordinate and balance numerous tasks in a time-sensitive environment, under pressure.
· Demonstrated quantitative skills and ability to apply complex econometric principles.

Experience
· Master's degree required in Statistics, Applied Mathematics, Econometrics, Operations Research or similar quantitative field.
· Experience presenting highly complex analysis is required.
· In addition, 4+ years of SAS programming experience required. May substitute 2 years with STATA experience.

Job summary

Employer:

GM Financial

Location:

Fort Worth, United States

Education:

Master's Degree

Sector:

Finance Economist

Salary:

Competitive

Job Type:

Permanent

Hours:

Full-Time

Posted:

23rd January 2015

Apply By:

19th February 2015

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