Intern - Risk Management
Why GM Financial?
GM Financial is the wholly owned captive finance subsidiary of General Motors and is headquartered in Fort Worth, U.S. We are a global provider of auto finance solutions, with operations in North America, South America, and the Asia Pacific region. Through our long-standing relationships with auto dealers, we offer attractive retail financing and lease programs to meet the needs of each customer. We also offer commercial lending products to dealers to help them finance and grow their businesses.
At GM Financial, our team members define and shape our culture — an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work — we thrive.
Our Purpose: We pioneer the innovations that move and connect people to what matters
Responsibilities
We are looking for students who are ready to take on stimulating projects and gain exposure to a variety of industrial initiatives.
Are you interested in working in the Business Analytics field? Does working with data, analyzing performance trends, or statistical analysis interest you? Then we have an opportunity for you!
Our program offers
- 12-weeks of work experience (May 21 – Aug. 8)
- Competitive salary
- Executive and peer networking opportunities
- Independent and team project experiences
- Philanthropic activities
- Career development
- Opportunity to apply for full-time career positions
Job Description
- Execution model validation on high, medium, and low models
- Interface with all lines of business executives, business partners, model owners, model developers and model users
- Communication of policy requirements and changes to model developers and owners
- Provide input to model validation framework and policy changes
- Review department model governance procedures towards ensuring adherence to the policy
- Tracking model owner adherence to differing risk-level-based policy
- Participating in both internal and external model validation processes as warranted
- Supporting periodic review of model validation documentation/ internal reviews for consistency to policy
- Write and present validation findings and pursuant remediation plans to ensure resolution in a timely manner
- Managing model attestation process
- Assign Model Validation Result Scores, and monitor other standard Model Risk Key Risk Indicators (KRIs) for improvement
- Help maintain a comprehensive, centralized, and standardized model inventory
- Ensure appropriate documentation is in place
- Create analytics and reporting for the appropriate levels, including senior and executive management and risk committees
- Review model monitoring performance thresholds established in collaboration with the model owners
- Facilitate resolution and/or escalation of issues within the specified times
Qualifications
- Must be a current student pursuing a bachelor's degree or higher from an accredited college or university in Business Administration, Economics, or Finance with at least one semester remaining upon start of the internship.
- Must possess a minimum of a 3.0 (out of a 4-point scale) overall GPA.
- Junior or Senior classification preferred.
- Strong written and verbal communication skills required. This incumbent will be required to give presentations and communicate with business leaders.
- Strong analytical, quantitative, problem solving, and conceptual skills required.
- Must be detail oriented and able to prioritize tasks to meet deadlines.
- Must be able to work independently or in a team setting.
- Previous internships are considered a plus.
Our Culture: Our team members define and shape our culture — an environment that welcomes innovative ideas, fosters integrity, and creates a sense of community and belonging. Here we do more than work — we thrive.
Work Life Balance: Flexible hybrid work environment, 2-days a week in office
GM Financial does not provide sponsorship for a work visa status for this position.