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Ally Financial Careers

General information

Career area
Commercial Lending & Operations
Work Location(s)
300 Park Avenue, NY
Remote?
No
Ref #
19024
Posted Date
Monday, December 23, 2024
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


This role is on site at our NYC Park Avenue Office. 

The Power, Energy and Infrastructure vertical will focus on borrowers in the domestic energy and climate transition space, extending project and corporate finance loans for the construction, operation and ownership of renewable and conventional power plants and associated infrastructure.

The Director - Business Development (DBD) is primarily responsible for  leading execution of new deals both internally and externally and generating new financing opportunities by developing extensive, deep and tenured relationships with developers, owners, and operators of renewable and conventional power plants, as well as private equity firms and other firms that participate in the power and infrastructure space that result in repeatable new opportunities. The Director is an accomplished, self-motivated individual possessing expert credit acumen with prior successes readily acknowledged by market participants.

The Work Itself


  • Originating, leading, structuring, underwriting and executing renewable and conventional energy transition financing transactions.
  • Manage workload, assignments and scope via pre-loan meetings with appropriate Portfolio and CF Management, as necessary.
  • Pre-screen new business opportunities and assist with preparation of, and participate in, all Initial Deal Reviews (IDRs) 
  •   Lead Deal team to execute underwritings memos and legal negotiations pre close memos and maternal loan modifications

The Skills You Bring


·     Bachelor’s degree preferred; masters preferred.

·     7 years  relevant  bank experience in project finance lending or credit fund origination role.

·     Must have experience in first-lien power and infrastructure project finance transactions, including solar, wind, battery and gas-fired generation

·      Must have deep knowledge of power and infrastructure industry  in order to find creative, sound lending solutions.

·     Excellent oral and written communication skills.

·     Ability to distill complex ideas and communicate across organization.

·     Routinely asked to communicate to larger groups on behalf of business unit or function.

·     Strong relationship building skills

#LI-Onsite

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: 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date) 
  • 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 work@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: $135000 - $235000 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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