WESTLAKE WARRIOR | Finacial Risk Analyst Intern
Job Summary
The Financial Risk Analyst Intern will support the Risk Management team in evaluating and improving financial risk models and strategies. This internship provides hands-on experience in credit risk assessment, data analysis, and financial modeling within the auto finance industry.
Key Responsibilities
- Complete the assigned project
Qualifications
- Currently pursuing a Bachelor's or Master's degree in Finance, Economics, Data Science, Business Analytics, or a related field.
- Strong analytical and problem-solving skills.
- Proficiency in Excel, SQL, and/or Python is a plus.
- Ability to interpret financial data and generate insights.
- Strong communication and teamwork skills.
Internship Learning Project: Cashflow Model Development
Project Overview
The intern will work to develop a cashflow model for one of the company's key products. This model will help in assessing financial performance and understanding the impact of different variables on product profitability.
Project Scope
- Understand the Product:
- Gain a deep understanding of the product's financials, including revenue streams, expenses, and risk factors.
- Design Cashflow Model:
- Develop a comprehensive cashflow model that tracks inflows and outflows over time.
- Identify key financial variables and factors that influence cashflow.
- Incorporate Risk Factors:
- Integrate risk management considerations into the model, such as default rates, payment delinquency, and interest rate changes.
- Forecasting and Sensitivity Analysis:
- Use the model to forecast future cashflows under various scenarios.
- Perform sensitivity analysis to understand the model's reaction to changes in key inputs.
- Present Findings and Recommendations:
- Compile the cashflow model into a structured report.
- Deliver a final presentation to the Risk team, explaining the model, insights, and recommendations for decision-making.
Expected Outcomes
- A dynamic and adaptable cashflow model for a key product.
- Insights into the financial health and future performance of the product.
- Actionable recommendations for managing cashflow risks and improving profitability.
Mentorship Structure
- Primary Mentor and Backup Mentor
The mentors will guide the intern, facilitate learning, and provide feedback throughout the internship.
Experience
This role is entry level.
What's our Pay rate?
- $17.28 per hour
- The exact starting compensation to be offered will be determined at the time of selecting an applicant for hire and will be dependent on a wide range of factors, including but not limited to geographic location, skill set, experience, education, credentials, and licensure when applicable.
About Us
People. Purpose. Passion.
These are the hallmarks of Westlake Financial Services, and have been since our inception in 1988. Westlake specializes in prime to sub-prime automotive financing, helping car dealerships do what they do best: sell cars. Our unique credit approval software (known as "The Buy Program ") allows dealers to get an on-the-spot loan approval without waiting for callbacks, fax-backs, or rehashes.
Westlake Financial Services is an Internet based, privately held finance company that specializes in the acquisition and servicing of sub-prime and non-prime automotive retail installment contracts. Headquartered in Southern California, Westlake originates indirect retail installment contracts through a network of 21,000 new and used car dealers throughout the United States. All collections and servicing are performed in-house from its central facility located in the Mid-Wilshire area of Los Angeles.
Westlake's success didn't just happen overnight. It took years of hard work, cultivation and intuition to get to where we are today. Not content to rest on our laurels, Westlake continues to build and refine, always keeping our dealers and customers in mind.
Required
Preferred
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