Skip to content

General information

Career area
Treasury
Work Location(s)
500 Woodward Avenue, Detroit, MI, 601 S. Tryon Street, Charlotte, NC
Remote?
No
Ref #
12825
Posted Date
Tuesday, May 31, 2022
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?

The Opportunity

The Structured Solutions Director will oversee all modeling and valuation analytics for public and private secured transactions including securitizations, loan sales, credit facilities, and other strategic initiatives. Will help lead the execution of public and private retail auto securitization activity. The position will also have primary responsibility for various ad hoc projects regarding the reporting and analytical needs of the Funding & Liquidity group.

The Work Itself

  • Develop optimal capital structures according to rating agency requirements using knowledge of auto securitization market and transaction structures; sizing of senior and subordinate notes and credit enhancements for transactions using financial models developed in-house by adhering to the methodologies published by major rating agencies.
  • Conduct exploratory quantitative analysis to develop and dimension asset strategy initiatives. Consolidate relevant facts and model results into ad hoc reporting and present to senior level management.
  • Prepare rating agency submissions including transaction cash flows (based on the rating agency stress assumptions), static loss data tables and curves highlighting Ally's auto portfolio performance
  • Prepare presentations describing proposed structures and supporting analytics for rating agencies to obtain required ratings on a timely basis.
  • Provide analytical support to execution teams by working with both internal and external parties including business partners, rating agencies, bank counterparts, legal counsels, and investors to facilitate the execution of funding activities.
  • Produce monthly and ad hoc reports relating to structured funding activities for senior management.
  • Maintain models to support required credit enhancement and structural features of public and private transactions.
  • Understand the capital and liquidity plans for each of Ally’s businesses and provide capital market solutions when appropriate for auto, mortgage, credit card or unsecured lending.
  • Work to continually improve modeling and reporting.
  • Support collateral management related activities, including but not limited to pool cuts, secured facility borrowings and pay downs and related analytical support
  • Evaluating and implementing new IT systems to support structured funding needs including work with Model Validation group.

The Skills You Bring

  • Bachelor's degree in finance, accounting, economics or strong quantitative background
  • 7 - 10 years’ experience in capital markets, structured funding, financial modeling, financial mathematics, asset valuation techniques, and use of spreadsheet applications
  • Capable of working well independently and in teams.
  • Willingness and ability to be a though-leader across Treasury and Finance organization
  • Strong technical skills including Excel and PowerPoint
  • CFA or similar professional accounting/finance certification preferred

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. But Ally’s total compensation – or total rewards – extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:

 
  • Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting.
  • 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 and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.
  • Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions 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 support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts.
  • Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.
 

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.

 

Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.

 

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. #LI-Hybrid