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Ally Financial Careers

General information

Career area
Risk
Work Location(s)
300 Park Avenue, NY, 601 S. Tryon Street, NC
Remote?
No
Ref #
20578
Posted Date
08-20-25
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 a hybrid schedule and can be based out of our Charlotte or NYC office only. 

The Director - Credit Risk is an individual contributor role and is responsible for conducting complex analysis and in-depth research on credit risk management issues across Ally's middle market leveraged loan portfolio to assist Independent Risk Management (IRM) execute its responsibilities. IRM's responsibilities include providing an objective, critical assessment of risks and evaluation of whether Ally remains aligned with its risk appetite and risk limits. The analysis and research include reviewing and evaluating adherence to credit risk policies and procedures, credit decisioning methods used, developing and publishing credit risk related reporting on portfolio trends and measures, and drafting presentations to communicate conclusions to all levels of management.

IRM maintains and implements Ally's risk management framework and independently oversees risk-taking activities, sets parameters representative of a strong risk culture that encourages an informed, measured, disciplined, and balanced approach to risk-taking and fair and honest treatment of customers, counterparties, and employees.

The Work Itself

  • Credibly challenge and advise the Corporate Finance Business Line with respect to the management of risks
  • Independently identify, assess, measure, mitigate, control, monitor, test, report, and escalate risks
  • Set the criteria and independently test Business Line credit policy adherence and control effectiveness
  • Conduct ad-hoc analytics and manage various other independent projects
  • Support and execute a risk-based annual testing and monitoring plan; report on results and escalate issues as necessary
  • Review and challenge Business Line credit policies, standards, and procedures

 

The Skills You Bring


  • 3+ years of operational work experience underwriting and/or portfolio management of middle market leveraged deal structures including agented or non-agented deal types for a bank or commercial lending organization required
  • 7 year minimum years experience required
  • Utilizes a working knowledge of PIK, Skim, Non-Performing deal dynamics, Letters of Credit, First/Last Out Unitranche Deal arrangements and more complex deal scenarios
  • Bachelor's degree required
  • Excellent communication (verbal and written), interpersonal and organizational skills
  • High level of personal integrity, with the ability to handle matters professionally, and with the appropriate level of judgement and maturity
  • Advanced consultative skills with the ability to build collaborative relationships with all levels of an organization
  • Proven ability to manage issues through to resolution; skilled at making sound judgment calls
  • Strong presence to interact with senior management, regulators, affiliates, and other third parties
  • Highly analytical, detail oriented with problem solving capability
  • Ability to work independently with demonstrated strong time management skills
  • Proficient in MS Office applications, including PowerPoint, Excel, Word, Outlook, Teams

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: $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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