Job Description
WHAT AWAITS YOU. - Use a combination of exploratory analysis and data mining techniques to identify and understand trends and anomalies and apply statistical inference to draw conclusions from data.
- Utilize analytical and programming skills to collect, analyze, and interpret large data sets and use statistical tools / platforms like SAS, Python, R to develop data-driven solutions to difficult business challenges.
- Collaborates with the Data Scientists across business lines with processes and tools to monitor and analyze model performance and data accuracy.
- Support various residual value and credit risk related modelling topics, including documentation, communication, implementation, maintenance and updates.
- Assist and provide feedback to the Enterprise Risk Analyst in order to support Model Risk Management (MRM).
- Compile and review the BMW FS Risk Catalogue by communicating with various stakeholders, collecting information, and keeping up with changing business needs. Ensure that the risk strategy is in line with Local Financial Services Business Strategy as well as the Global Risk Strategy.
- Review, revise, and update BWM FS Risk Strategy and Risk Model Governance Policy. Propose changes and enhancements as required. Ensure proper documentation and communication to the National Risk Committee and understanding and adherence to the Policy by all affected groups.
WHAT YOU SHOULD BRING. - Currently enrolled in a bachelor or master's degree program at an accredited college or university
- Possess a minimum cumulative GPA of 3.0 (not just in major)
- Have completed at least 60 college credits or be at least a rising Junior
- Field of study: Risk Management, Statistics, Finance, Business Analytics, or a related field
- Must attach a copy of college unofficial transcript
- Ability to work full-time (36.25 hours/week)
- Prior BMW Group experience (applicable to international J1 students only)
- Relevant coursework or prior internship experience in finance, accounting, or data analysis
- Proficient in Microsoft Office suite, particularly Excel, PowerPoint, and Word
- Experience with data visualization tools (e.g., Tableau, Power BI) and creating impactful dashboards and reports
- Basic understanding of programming languages (e.g., Python, SQL) for data extraction, manipulation, and analysis
- Knowledge of financial modeling and forecasting techniques
- Strong attention to detail, analytical and critical thinking abilities to identify trends, patterns, and insights from data
- Excellent written and verbal communication skills to effectively present findings and recommendations
- Ability to translate complex financial and business data into clear, actionable recommendations
WHAT YOU CAN LOOK FORWARD TO. - Medical Insurance
- Paid Time Off in addition to Company paid holidays where eligible
- Hybrid work environment
- Intern Vehicle Lease Program
This is a full-time internship position for our Summer Rotation, from June 2, 2025 through August 22, 2025 in Woodcliff Lake, NJ.
The internship will provide exposure to various aspects of strategic risk management and safeguarding of company's assets and liabilities within a global automotive finance organization. The intern will have the opportunity to develop skills in:
- Strategic Risk
- Residual Value Risk
- Credit Risk
- Interest Rate and Liquidity Risk
The key focus areas of the internship include developing competencies in financial analysis, data analysis, data science and modeling, risk management, internal controls, and business intelligence. The intern will gain hands-on experience working across different functions and collaborating with stakeholders to support the organization's financial operations and strategic decision-making.
The hourly rate for Undergraduate students is $22.00
The hourly rate for Graduate students is $26.00
The selected student's academic level will be used to determine the final pay rate. This statement is in accordance with state and local pay disclosure requirements.
Even more so than the generous compensation and benefits, the culture and values of Shared Services make 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.
At BMW, we are driven by diversity, equity, and inclusion. We are proud to be an Equal Opportunity Employer and are welcoming of all individuals, regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
Job Tags
Hourly pay, Holiday work, Permanent employment, Full time, Summer work, Internship, Local area,