Risk Management and AI Solutions Analyst

BMW Group; Woodcliff Lake (NJ); Hybrid; USD 63,000 - 125,000; Full time

Benefits offered by this job

Medical, Dental, Vision

401(k) with company match

Employee vehicle program

Bonus eligibility

Paid Parental Leave

Generous PTO/holidays

Voluntary benefits

Job summary

BMW Shared Services is seeking a Risk Management and AI Solutions Analyst in Woodcliff Lake, NJ. The role focuses on maintaining enterprise risk management activities, including VaR, Economic Capital, and CVaR/RVaR, while driving AI-enabled automation across risk processes.

The position requires 3–5 years of related experience, strong communication, and a solid foundation in risk governance. A hybrid work arrangement and a competitive benefits package are offered.

Qualifications

• Bachelor's degree is required.
• 3–5 years experience in risk management, model governance, or controls.
• Knowledge of VaR, Economic Capital, CVaR/RVaR and basic statistics.
• Strong MS Office and dashboard tools; SQL or low-code automation is a plus.
• Strong written and oral communication across functions and leadership.
• Master's in Business Administration, Risk Management, or Economics with quantitative focus preferred.
• Experience with AI-enabled analytics, workflow automation, or digital transformation initiatives.
• Understanding of responsible AI governance principles.

Responsibilities

• Maintain Enterprise Risk Management activities including CVaR, RVaR, and Economic Capital analyses with documentation and senior leadership communication.
• Maintain BMW FS Risk Catalogue and related inventories within the ERM framework.
• Review and update Risk Strategy to align with business and global risk strategies.
• Lead AI transformation topics for legacy risk processes and automation opportunities.
• Design AI-assisted use cases for risk documentation, workflow routing, and governance.

Skills

Communication skills

Risk management

Analytical thinking

Education

Bachelor's degree

Master's in Business Administration or related field

Tools

Excel

Word

PowerPoint

SQL

Automation tools

Job description

Risk Management and AI Solutions Analyst

Location: Woodcliff Lake, New Jersey, United States

Posting Start Date: 10/29/26

BMW Shared Services is posting this position on behalf of BMW Financial Services NA, LLC.

BMW Financial Services NA, LLC was established in 1993, supporting the sales and marketing of BMW products. Subsequently, we have expanded beyond the leasing, retail and commercial financing of a traditional captive-finance company offering a broad variety of products tailored for the BMW, MINI and Rolls‑Royce customers. Be a part of our exciting growth by expressing an interest in our Risk Management and AI Solutions Analyst position located in Woodcliff Lake, NJ.

WHAT AWAITS YOU.

• Maintain current Enterprise Risk Management activities, including periodic local CVaR, RVaR, and Economic Capital calculations; identify changes and drivers; prepare documentation, tracking materials, root-cause analysis, and stress tests; and communicate results to senior leadership in coordination with central colleagues.
• Compile and review the BMW FS Risk Catalogue by communicating with stakeholders, collecting information, and maintaining alignment with changing business needs. Maintain the Risk Model Inventory and Risk Guideline Exceptions Inventory as part of the broader Enterprise Risk Management framework.
• Review, revise, and update the BMW FS Risk Strategy, ensuring reconciliation with the Risk Catalogue and adequacy with regard to business requirements. Propose changes and enhancements as required, ensure proper documentation and communication to the National Risk Committee, and ensure that the Risk Strategy remains aligned with the Local Financial Services Business Strategy as well as the Global Risk Strategy.
• Lead AI transformation topics for legacy risk processes and applications by identifying automation opportunities, defining target-state workflows, and translating manual controls into AI-assisted processes, while maintaining subject matter expertise for VaR, Economic Capital, and RoRAC concepts, related business training materials, method usage, and enhancement opportunities. Coordinate with technology, data, risk, and central stakeholders to implement scalable AI agents and automated workflow solutions that support current and future risk measurement activities.
• Design and support AI-assisted use cases for risk documentation, workflow routing, exception tracking, model inventory governance, risk reporting, control evidence collection, and National Risk Committee preparation, with a focus on improving process quality, auditability, consistency, and speed.
• Review, revise, and update the Risk Model Governance Policy by incorporating regulatory requirements and business feedback. Ensure understanding and adherence to the policy by affected groups and align future enhancements with AI-enabled governance, documentation, and monitoring capabilities.
• Review, revise, and update Self-Insurance Risk and Interest and Liquidity Risk policies, as well as RASICs among Risk Management and Risk Controlling as they relate to risk management activities. The RASIC review cycle follows the three-year cadence defined in the strategic risk guidelines.
• Coordinate inputs and collection of materials for monthly National Risk Committee meetings, including presentations, agendas, and minutes, while evaluating opportunities to automate recurring preparation, follow-up tracking, and documentation activities through AI-assisted workflows.
• Communicate with the HQ Strategic Risk Department and local stakeholders to provide feedback on current methods, propose enhancements for the US market, and advocate for AI-enabled process improvements that strengthen risk governance, data quality, reporting transparency, and operational resilience.
• This function is expected to drive significant process and system change by modernizing legacy risk management activities through AI agents, automated workflows, and AI-assisted documentation and control capabilities. The role will assess current manual processes, identify opportunities for automation, define requirements for AI-enabled solutions, support implementation and testing, and help embed new ways of working while maintaining strong governance, transparency, and alignment with business and regulatory expectations.

WHAT YOU SHOULD BRING.

• Bachelor's degree
• 3–5 years’ experience applying risk management, model governance, or control techniques; experience in banking or financial services preferred.
• Practical knowledge of risk measurement concepts (VaR, Economic Capital, CVaR/RVaR) and basic statistics (distributions, probabilities, standard deviation, skewness).
• Strong proficiency in MS Excel, Word, PowerPoint, and dashboard/visualization tools; experience with SQL (MS SQL, PostgreSQL) or low-code/no-code automation platforms is a plus.
• Strong written and oral communication skills with proven experience communicating across functions and to senior leadership.
  • Preferences
  • Master’s in Business Administration, Risk Management, or Economics with quantitative focus preferred.
  • Experience improving manual processes, defining business requirements, or supporting workflow automation and digital transformation initiatives.
  • Experience using AI-enabled tools for analytics, reporting, automation, or to improve documentation, controls, and operational processes.
  • Practical understanding of responsible AI governance principles, AI-assisted productivity tools, process mapping, and requirements documentation.

WHAT YOU CAN LOOK FORWARD TO.

• Medical, Dental, and Vision insurance
• 401(k) with Company match and Retirement Income Account
• Employee vehicle program
• Bonus eligibility
• Paid Parental Leave
• Generous PTO and Company paid holidays
• Voluntary Benefits to fit your needs

Relocation is not available for this position.

This is a hybrid role that requires regular attendance in the office.

The expected salary range for this position is $62,500.00 - $125,000.00.

As part of the hiring process, you may be required to successfully pass a background check. A satisfactory completion of a background investigation including verification of education, prior employment, criminal history, credit check history, and pre-employment drug screen to the extent permissible under applicable state law, is a condition of your offer of employment and your continued employment. The results of your background investigation are satisfactory and acceptable in the sole judgement and discretion of BMW Shared Services, LLC.

Even more so than the generous compensation and benefits, the culture and values of BMW of North America makes it the ultimate working environment. These values are Responsibility, Appreciation, Transparency, Trust, and Openness. We allow these values to guide the way we conduct ourselves and our business.

BMW complies with all applicable U.S. immigration laws and regulations. The Company does not provide employer support or sponsorship for any immigration related employment benefit for this role.

BMW in the United States is an equal opportunity employer. It is the policy of BMW Group in the United States to provide equal employment opportunity (EEO) to all qualified persons regardless of age, race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status.