VP Modeling

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Listing Info

1678997

Business Segment Capital - Aviation Financial Services

About Us GECAS, the U.S. and Irish commercial aircraft financing and leasing business of GE, has a fleet of over 1,800 owned and managed aircraft with approximately 245 airlines in over 75 countries. GECAS offers a wide range of aircraft types and financing options, including operating leases and secured debt financing, and also provides productivity solutions including spare engine leasing, spare parts financing and management. GECAS, a unit of GE Capital, has offices in 25 cities around the world.

Function Segment Risk Analytics

Location(s) Where Opening Is Available United States

S. State, China or Canada Provinces Connecticut

City Stamford

Postal Code 06902-1250
Relocation Expenses No
Role Summary/Purpose GE is an equal opportunity employer, offering a great work environment, challenging career opportunities, professional training and competitive compensation.

Serve as Risk Modeling Leader for GECAS, managing the design, development, documentation, approval, implementation and monitoring of all PD, LGD and asset valuation models, and championing their use in underwriting, portfolio management, risk reporting and analytics, stress testing, risk based pricing, ALLL, capital allocation and management and portfolio risk/return.

Essential Responsibilities

Manage the efficient and effective deployment of PD, LGD, and asset value models covering all required exposure across GECAS, as well as new deal underwriting, collaborating where necessary with VP Risk Analytics, VP Valuations and risk managers.

Support appropriate and optimal use of models in all required risk and finance processes: risk reporting and analytics, stress testing, risk based pricing, ALLL/general reserves, capital allocation and management and portfolio optimization for risk/return.

Represent the Risk Analytics team and GECAS as Subject Matter Expert, as it relates to quantitative risk modeling, to all internal and external customers.

Manage multiple, cross-functional (Risk, Finance, IT, Ops) projects addressing data, process, model, analytics and policy gaps involving quantitative risk models.

Drive simplicity and efficiencies in the deployment of models, including wing-to-wing management of the model development, approval, implementation and monitoring process.

Support delivery of senior management and regulatory reports and ad hoc requests involving quantitative risk models.

Drive communication and training needs pertaining to risk models, collaborating with GECC, Functional Leaders and peers within GECAS as needed.

Establish and maintain strong relationships with key functional stakeholders (Risk, Finance, IT, Ops).

Qualifications/Requirements Basic Qualifications:

Bachelor's degree in Risk related field (Accounting, Business, Economics, Finance, Math/Stat, Operations Research, etc. with Quantitative underpinning) with 10+ years of relevant experience

Strong business finance acumen, especially in Financial Services Industry

Demonstrated strong experience in statistical model lifecycle management, including proficient level of expertise with at least one statistical modeling language/utility

Demonstrated experience managing portfolio data, processes, modeling and analytics

Strong knowledge of MS office tools, and data mining tools.

Eligibility Requirements

You must apply via COS (internals) or www.gecareers.com (externals) to be considered for this position

You must be able to satisfy the requirements of Section 19 of the Federal Deposit Insurance Act.

Must be willing to comply with pre-employment screening, including but not limited to drug testing, reference verification, and background check.

Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment visas, now or in the future, for this job opening.

Additional Eligibility Qualifications GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a background investigation and drug screen.

Desired Characteristics

Master's or higher Degree in quantitative discipline.

A minimum of 8 years of risk, finance or quantitative modeling experience, including stochastic modeling, stress testing and scenario analysis, financial engineering and/or options pricing.

This role is eligible for a GE Employee Referral bonus award that is double the current eligibility amount. All other guidelines under the WDYK (Who Do You Know) Employee Referral program are applicable.

Section 19 Job YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.