Planning & Reporting Data Lead - NAR

Volkswagen Financial Services, a wholly-owned subsidiary of Volkswagen Group, is the trusted key to mobility for its brand partners. We are committed to supporting the Audi, Ducati, and Volkswagen brands and their Dealers, specializing in providing accessible mobility solutions for its Customers. The company’s offerings include Retail Leasing, Retail Financing, Commercial Financing for new and used vehicles, and End-of-Term vehicle disposition.

The position is responsible for the internal and external risk cost reporting and data development support for the Consumer and Commercial Credit teams, along with the Residual Value risk team. With guidance from the head of Risk Insights, this position will ensure the data strategy for the two teams is comprehensive, efficient, and agile to meet the growing analysis demands of each team. This role requires a proven ability to understand business needs and quickly translate to technical data requirements and strategy. It requires an understanding of company data dependency between departments and will help support the 2018 data warehouse strategy in terms of data storage and reporting. The value of the position is in providing consistent and accurate Risk Management forecasts (including reserve adequacy) and comprehensive analysis of actual performance results to VCI senior management and the Financial Services AG (FSAG) Risk Management & Methods in Germany (FSAG). This position will be VCI’s primary liaison to FSAG Risk Management & Methods for all matters related to Risk Management reporting, planning and portfolio performance results. VCI Risk Management does not report directly to FSAG however, as a result of closer cooperation and increased reporting requirements from German Banking Regulators and US-based external auditors, the reporting requirements and workload of VCI’s risk management department have expanded dramatically requiring more direct communication with FSAG, additional reporting requirements, and more transparency of forecasting data.

Role Responsibilities

• Develop and maintain the following Databases:
• Residual Value Risk Forecast
• Sales Summary
• Remarketing
• RV Reserves
• Disposals/Loss
• Static Pool (Residual Value)
• Reporting will include: RV Risk Forecast Summary, Sales Summary, Key Figures, Static Pool performance, Average Equipped MSRP, Competitive Comparisons, Proceeds/RV “Histogram” reports, Depreciation and Seasonality
• Consolidating data sources to the data warehouse solution and providing support to data governance initiatives.
• Ad hoc reporting and “what-if” data scenarios.
• Acts as primary VCI liaison to Financial Services AG (FSAG) Risk Management for all risk reporting issues.
• Responsible for monthly/quarterly/annual Risk Management forecasts, analysis and reports to Germany encompassing Commercial & Consumer and RV Risk portfolios.
• Designs and implements updates to reserve adequacy forecasting model for RV.
• Reconciles loss and reserve adequacy source data with Accounting and Controlling to ensure accuracy.
• Reviews and analytically tests all Risk Management reporting for accuracy and consistency.
• Responsible for coordinating the preparation of the Consumer, Commercial & RV Risk portion of the Business Financial Reviews.
• Responsible for coordinating the preparation of the Consumer, Commercial & RV Risk portion of the annual Planning Round process.
  
  

Years Of Relevant Experience

• 7 - 10 years of professional experience
• 5 - 7 years utilizing methods and tools to extract, curate, explore, and analyze data from large data sources
• 5 - 7 years in financial analysis
  
  

Education

Required

Desired

• Bachelor’s Degree (Finance, Economics, or Business)
• Master’s Degree (Finance, Economics, or Business)
  
  

Skills: General skills needed to perform the job

• Analytical and conceptual thinking – using logic and reason, creative and strategic
• Communication skills – interpersonal, presentation and written
• Conceptual thinking skills
• Computer savvy – skilled in the use of software
• Integration – joining people, processes or systems
• Influencing and negotiation skills
• Problem solving
• Resource management
  
  

Volkswagen Financial Services is committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, family status, gender identity, gender expression, national origin, age, disability or any other characteristic protected by federal, or local laws. Volkswagen Financial Services is committed to accommodating applicants and employees with disabilities. Should you require an accommodation during the recruitment and selection process please advise in advance.

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