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Ally Financial Careers

General information

Career area
Portfolio Management
City
Charlotte, NC
Work Location(s)
CA, CA, FL, IL, MN, NC, TX, UT
Remote?
Yes
Ref #
21927
Posted Date
03-20-26
Working time
Full time

Ally and Your Career

Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You’re constantly evolving, so shouldn’t your opportunities be, too?

Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The Opportunity

The Senior Analyst – CRA Loan Portfolio Management will provide support to the ongoing management and oversight of the CRA portfolio in collaboration with the Manager – CRA Loan Portfolio Management role.  The Senior Analyst will be primarily responsible for the satisfactory completion of all loan monitoring and servicing functions, while also providing support in the on-boarding process of new loans. This role includes a high level of client interaction, generating relevant reports, and adhering to policy and regulatory guidelines.  The ideal candidate will combine an adequate level of financial analysis skills with, at minimum, moderate knowledge of commercial credit or related portfolio management experience.  

At this time, Ally will not sponsor a new applicant for employment authorization for this position.

The Work Itself

  • Support the Manager – CRA Loan Portfolio Management role in the ongoing administration of a diverse portfolio of loans to borrowers, including financial intermediaries, focused on affordable housing, economic development, community services, and neighborhood revitalization, ensuring compliance with reporting, funding, and risk rating requirements in accordance with the bank’s CRA Procedures
  • Create and maintain individual monitoring checklists for all loans and ensure the satisfactory and timely receipt of all reporting requirements as well as compliance with required covenants, including the tracking/monitoring of various insurance requirements
  • Ensure the proper on-boarding of new loans into CRA’s loan servicing platform (LoanIQ), which includes the review and understanding of key terms included in a loan agreement
  • Periodic review (at least monthly, but may be more frequent) of various loan portfolio reports relating to late payments/delinquent loans, upcoming maturities, loan monitoring status, etc.Review various reports with CRA senior management and follow-up as appropriate
  • Work with internal loan servicing partners to ensure proper handling of all payment processing functions, including incoming payments and pay-offs; maintain a loan-payoff log to ensure the bank’s security interest in any collateral is released timely and in accordance with CRA Procedures
  • In collaboration with the Manager – CRA Loan Portfolio Management, ensure the Loan Watchlist report is maintained and reviewed by CRA Senior Management monthly
  • Process loan advances for a diverse portfolio of loans that include, but are not limited to, construction loans, lines of credit, term loans, and loan pools with various structures that often include specific funding conditions/procedures
  • Maintain applicable AML/OFAC screening logs and work with internal partners to ensure the satisfactory and timely initial and ongoing screening of CRA borrowers
  • Complete pre-closing Quality Control (“QC”) Checklist reviews for all CRA loans and investments; work with underwriters to ensure all QC Checklist conditions are met prior to closing
  • Participate in Ally Bank’s community outreach programs, including volunteer and leadership opportunities with non-profit organizations, to contribute to the Bank’s Community Development service hour requirements
  • Prepare materials related to internal meetings, CRA activities, etc.
  • Perform other duties, as assigned, in support of the bank’s CRA program and portfolio management activities

The Skills You Bring

Minimum Qualifications

  • 3+ years of experience
  • High school Diploma or GED equivalent

Preferred Qualifications

  • Bachelor's degree in business or related major or equivalent experience
  • 3+ years of banking, lending/credit, portfolio management, or combined experience
  • Adequate understanding of basic financial analysis, portfolio management and risk assessment

  • Experience with supporting or managing CRA (Community Reinvestment Act) loan portfolios or community development finance.

  • Strong organizational skills and ability to follow through
  • Thorough analytical and problem-solving skills with high attention to detail
  • Ability to work both independently and cooperatively on project teams
  • Strong proficiency in Excel and other MS Office software
  • SharePoint / MS Teams experience preferred; knowledge of LoanIQ a plus
  • Strong sense of community and desire to be part of a giving-back culture

How We'll Have Your Back

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

  • Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
  • Planning for the Future: plan for the near and long term with an industry-leading 401K retirement savings plan with matching and company contributions, student loan pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.
  • Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well-being program that helps you and your family stay on track physically, socially, emotionally, and financially.
  • Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.
  • Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.
  • Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.
  • To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf
 

Who We Are:

 

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com.

 

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

 

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at hrpolicy@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range: $70000 - $120000 USD
An individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer. 
Incentive Compensation: This position is eligible to participate in our annual incentive plan.
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