Forecasting Analyst

The Forecasting Analyst is responsible for a range of activities that include: Supporting Forecasting and Analysis management during the company's quarterly asset valuation reforecast process; partnering with Finance and the Operational teams; supporting Encore's asset valuation and purchase processes through booking initial collection curves and setting multiples; hands-on analysis supporting the forecast and in response to executive requests. The position is expected to demonstrate excellent problem solving skills, attention to detail, good ambiguity tolerance and a collaborative work ethic.

Responsibilities
Execute the quarterly asset valuation reforecast process, including adjusting portfolio-level forecasts, summarizing changes, and ad hoc analyses to support adjustments to collection expectations. Additionally, book initial forecasts for newly purchased portfolios on a monthly basis.

Partner with statistical analysts to identify and correct model variance.

Reporting and tracking related to the forecasting process including the monitoring of short- and long-term trends that impact future performance.

Support Managers in preparing presentations for senior management including periodic reviews and ad hoc requests from executives.

Education

Required: Bachelor; Business, Finance or the quantitative social sciences (e.g., economics)

Preferred: Master/Advanced; Business, Finance or the quantitative social sciences (e.g., economics)

Language

Required: English



Experience

Required: 0-3 years business experience in a related field. Proficiency with MS office (especially Excel and Access).
Preferred: 2-3 years business experience in financial services that includes cash flow analysis, including IRR, NPV calculations. Familiarity with the logic of credit scoring and the development of marginal economic analysis. Proficiency with SQL, PySpark, Python, Visual Basic (VBA) or other coding language.

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Starting Compensation

Annual Salary: $82,500.00 - $107,199.00 (Amount based on office location, relevant experience, skills, and competencies)

If you are wondering why you should work for us, here is something to help you decide:

• Pay and Bonuses: Earn a competitive salary. All employees are eligible for monthly incentives or annual bonus.

• Career Progression: Grow at MCM with paid training and development programs – including our very own MCM Academy – as well as a promote-from-within philosophy.

• Reward and Recognition: We are committed to honoring great results – ranging from informal accolades to formal company-wide awards and prizes like all-inclusive vacations.

• Tuition Assistance: Pursue a degree or coursework related to your current role, or the role you are striving for.

• Healthcare Insurance: Take advantage of comprehensive healthcare plans and options to ensure your continued health, plus fitness membership reimbursements, weight watchers, our wellness rewards Program and more.

• Volunteering Opportunities: Enjoy up to eight hours of paid time off each year to volunteer. We also offer volunteer grants and matching financial donations, up to US$ 2,500 per employee annually.

• Retirement Savings: Build a strong financial foundation and reach your goals for the future. With all the effort you invest in us, we’re proud to invest in you.

• New Family Support: Celebrate your new arrival with company paid leave, new parent flex time, and child back-up care options.

• Team-building: Enjoy experiences that inspire bonds with your colleagues through a wide range of company-sponsored team-building events, such as holiday celebrations and department outings.

• Work-Life Balance: Enjoy paid and floating holidays, as well as generous paid-time-off.

Our compensation and benefits programs were created with an 'Employee-First Approach' focused on supporting, developing, and recognizing YOU.  We offer a wide array of wellness and mental health initiatives, support volunteerism, and environmental efforts, encourage employee education through leadership training, skill-building, and tuition reimbursements, and always strive to provide promotion opportunities from within.

About Us

Headquartered in the United States, Encore Capital Group (Encore) is a publicly traded international specialty finance company operating in various countries around the globe. Through our businesses - such as Midland Credit Management and Cabot Credit Management - we help consumers to restore their financial health as we further our Mission of creating pathways to economic freedom. Our commitment to building a positive workplace culture and a best-in-class employee experience have earned us accolades including Great Place to Work® certifications in many geographies where we operate. If you have a passion for helping others and thrive at a company that values innovation, inclusion and excellence, then Encore Capital Group is the right place for you.

Encore Capital Group and all of its subsidiaries are proud to be an equal opportunity employer and are committed to fostering an inclusive and welcoming environment where everyone feels they belong. We encourage candidates from all backgrounds to apply. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, disability status, or any other status protected under applicable law. If you wish to discuss potential accommodations related to applying for employment, please contact Talent@mcmcg.com.