Sr. Utilization Lease Analyst

Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE: GATX) is an industry leader with 125+ years of success—success that is powered by our people. We are proud of our high-performance culture, hard-working and enthusiastic management team, and beautiful office space in the Willis Tower.

At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to advance in their careers.

The purpose of the Sr. Utilization Lease Analyst is to review and analyze revenue/expense activity associated with GATX’s portfolio of utilization-based leases for the Rail Commercial Group assessments to maximize profitability. This position will be required to work independently to review, reconcile, and ensure that for GATX’s rail-marked equipment fleet, all car hire and maintenance activity is accounted for properly per lease contract terms. In addition, this role will have oversight of the third-party vendor’s and/or leasing railroads reporting this activity.

Qualified candidates who are currently Wells Fargo Rail employees will be given priority consideration over other external applicants.

• Report on, process, and audit all revenues from utilization-based leases, including car-hire based leases, trip leases, and any and all other non-fixed-rate leases for owned and managed cars.
• Administer and update contract lease term rates via 3rd Party’s application(s)- RAILINC’s Car Hire Rate Negotiation Self Service and GE’s Account Receivable Contract Rate File.
• Audit and reconcile monthly car hire revenue exception reports for potential lost revenue, this would be determined by identifying uncollected car hire, ensuring accurate issuant of car hire claims, and problem resolution of the fleet’s error default rates changes.
• Generate (estimated) summary report(s) on the utilization-based lease deals, outlining current monthly car hire revenue and maintenance activity for Commercial Meeting overview.
• Provide ad-hoc analysis of Utilization lease’s car hire revenue and maintenance expense.
• Manage yearly revalidation through RAILINC’s Letter of Authorization (LOA) application of rail marks that GATX acts as mark agent for within the industry.

• Bachelor’s degree or equivalent experience required.
• 4-6 years of experience in various railcar leasing functions and/or railroad operations.
• Knowledge of utilization-based railcar leasing and related systems and processes (including Railinc systems and databases like UMLER and CHARM).
• Understanding of rail industry rules and processes governing railcar utilization, including the Code of Car Hire Rules, the Code of Car Service Rules, circular OT-10, and other related rules and processes.
• Knowledge of SAP (minimum of 2 years of experience).
• Must be proficient with Microsoft Office Suite.

This is a hybrid position that will require the employee to work in the office at least 3 days a week throughout the year.