Job Number
1813053
Business
GE Capital
Business Segment
Capital - Americas
About Us
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authorization (F, J, H or L visas), such as students in practical training
status. Exceptions to these requirements will be determined based on
shortage of qualified candidates with a particular skill. GE will require
proof of work authorization. Any offer of employment is conditioned
upon the successful completion of a background investigation and
drug screen.
GE Capital, Rail Services is a full service provider for all aspects of
railcar fleet management. Headquartered in Chicago, Rail Services is
a leading service provider to the rail industry with over 100 years
of experience and offers a variety of railcars and locomotives to
shippers and railroads in markets across North America. The business
also provides a full suite of services, including maintenance
management and railcar repair services. Rail Services understands
the marketplace and has the resources and knowledge to anticipate
the needs of the industry. It is this knowledge that allows GE to solve
challenges with tailor-made solutions to meet customer financial and
service needs.
For more information about GE Capital, Rail Services, please visit:
www.ge.com/railservices
Posted Position Title
Lead Analyst 1 - Underwriting
Location(s) Where Opening
United States
Is Available
U.S. State, China or Canada
Illinois
Provinces
City
Chicago
Postal Code
60601-3206
Hiring Manager
Johnson, Columbus
Corporate Career Band
Lead Professional Band
Career Level
Experienced
Function
Risk Management
Function Segment
Underwriting
OHR Grade
LPB.CAP.LPB.
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.
This position supports Risk Management and will be responsible for
portfolio management, portfolio analytics/reporting, and assisting with
underwriting lease/loan transactions.
Essential Responsibilities
 Monitor the valuation and residual values of the rail and locomotive
portfolio by running cash flow valuation models and obtaining 3rd party
appraisals. Assist in testing the Valuation and Residual models for GE
Rail Services’ fleet, and documenting and reporting results to GE
Capital senior management
 Ensure compliance with portfolio management procedures, with
focus on reviewing financial statements of customers and completing
quarterly and annual account reviews. In addition, ensure that AntiMoney & Laundering (AML) tests are completed in timely fashion, and
assist Contracts team with making certain that customers fulfill
insurance requirements outlined in lease contracts
 Conduct financial and asset analysis for new credit requests and
prepare risk assessments for Risk Managers. Focus on clear and
consistent approach to mitigate financial, environmental, legal,
regulatory, and other risks.
 Assist with preparation of inventory reports of idled railcars and
locomotives. Perform deep dive to explain month over month
variances in inventory levels, including what is driving variances. In
addition, monitor aging of inventory to identify trends and potential
impairment issues, and recommend corrective actions (i.e. scrap/sell)
 Participate as a team member in special projects aimed at
improving business processes and analytic tools.
Qualifications/Requirements  Bachelor’s Degree with 2 years of underwriting, account
management or general finance experience.
 Experience conducting analysis, interpreting financial performance,
and assessing risk exposure.
 Experience preparing and delivering presentations (both verbal and
written).
 Demonstrated ability to work with various financial software
applications. Proficient use of
  Microsoft Office Suite to include Word, Excel, PowerPoint, and
Outlook.
Desired Characteristics
 Knowledge and experience with evaluating equipment finance
transactions in a wide variety of industries.
 Knowledge of commercial lease and / or loan products and
documentation.
 MBA is a plus.
Section 19 Job
YOU MUST BE ABLE TO SATISFY THE REQUIREMENTS OF
SECTION 19 OF THE FEDERAL DEPOSIT INSURANCE ACT.