Risk Analyst

Risk Analyst

About Toyota Financial Services

Toyota Financial Services (TFS) provides retail, leasing and wholesale financial services to Toyota and Lexus dealerships and customers across Canada. TFS is a member of Toyota Financial Services Corporation (TFSC), a wholly owned subsidiary of Toyota Motor Corporation in Japan. The Canadian headquarters of TFS are in Markham, Ontario.

What Sets Us Apart?

At Toyota Financial Services (TFS), you will help create best in class customer experiences in an innovative, collaborative and team focused environment. TFS is an important part of the Toyota family, an award-winning global company, recognized worldwide for our technological leadership and superior standards of quality, continuous improvement and environmental responsibility.

TFS currently has an exciting permanent opportunity as a Risk Analyst, reporting to the Manager, Risk Management. This role resides in our Markham Office.

What You Will Be Doing:

1. Produce proposals for the establishment of lease end residual values based on vehicle pricing and re-sale value data. Duties include data gathering and formatting as well as analysis and interpretation.
2. Support the company’s retail pricing decisions by preparing lending rate proposals based on risk-adjusted profitability analyses.
3. Provide analytical support to the development, implementation and maintenance of decision models such as scorecards and automated credit adjudication as well as delinquency and credit loss forecasting models.
4. Utilize the company’s statistical models to prepare lease-end loss forecasts used to determine residual value loss reserve requirements; contribute to the development and refinement of these models.
5. Produce various scheduled and ad hoc reports using database queries and spreadsheet reporting tools.
6. Assist with the creation and modification of residual value and credit risk management policies and procedures, as well as process maps used to ensure risk control.
7. Maintain and develop various databases, technical models and reports required to gather and analyze data.

What You Will Bring:

1. A bachelor's degree with a quantitative focus in an applied context, such as applied math, statistics, economics, engineering or finance.
2. FRM, PRM or CFA designation is preferred.
3. 2 to 4 years of progressive experience in an analyst role, preferably in financial risk management.
4. Demonstrated experience in applying programming languages such as SQL, Python and SAS to the extraction, transformation and analysis of data.
5. Knowledge and understanding of statistical modeling and forecasting techniques such as regression analysis and machine learning algorithms.
6. Understanding of the fundamental concepts of financial accounting, including financial statement analysis.
7. Knowledge of the lending lifecycle, including credit analysis, underwriting, portfolio management, collections and asset remarketing.
8. Strong interpersonal, verbal and written communication skills.
9. Automotive lending experience is preferred but not required.
10. An interest in automobiles is preferred.

What We Will Bring:

1. A work environment built on teamwork, flexibility, and respect
2. Competitive salary including bonus
3. Health and dental benefits effective immediately.
4. Company pension plan with matched contribution
5. Associate vehicle discount program
6. Professional growth and development programs to help advance your career, as well as tuition reimbursement
7. Fitness reimbursement
8. Competitive time off benefits
9. Great company culture-Respect for people and continuous improvement is at our core
10. Hybrid work environment

What You Should Know:

At Toyota, our success begins and end with our people. We embrace diverse perspectives and value and unique human experiences. We are proud to be an equal opportunity employer that celebrates the diversity of the communities where we live and do business. Applicants for our positions are considered without regard for race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, or any other characteristics protected by law.