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Ally Financial Careers

General information

Career area
Risk
Work Location(s)
601 S. Tryon Street, NC
Remote?
No
Ref #
17133
Posted Date
Monday, February 26, 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?

The Opportunity

The Senior Analyst will work in Ally's Model Risk Management function under the direction of the Model Validation Director responsible for Qualified Analytical Tool (QAT) Validation. QATs are End-User Computing tools that support critical functions within Ally such as External Regulatory Reporting, Business Forecasting, Risk Appetite, Stress Testing, Pricing, Valuation, Capital, and Strategy. The Sr Analyst is responsible for delivering accurate, timely and relevant QAT validation reports, issue identification/remediation efforts, and provide feedback for the business lines to ensure best practices.

The Work Itself

The following is a summary of the essential functions of this job. Other duties may be performed, both major and minor, which are not mentioned below.

·  Perform independent QAT reviews of varying scope to assess the tool’s overall suitability for its intended purpose, construct, assumptions, data and calculations, conceptual soundness, functional reliability, and control environment effectiveness.
·        Thorough documentation of all review work via formal reports and maintenance of artifacts/workpapers
·        Create high quality QAT Validation reports that are consistently clear, factually accurate and concise.
·        Identify and document issues within QATs and evaluate remediation activity associated with findings.
·        Answer ad hoc QAT analysis requests from Model Governance and other internal partners.
·        Work collaboratively with the Business Line, Risk and other matrix teams to identify opportunities for improving Model Risk Management analysis, reporting and monitoring.
·        Directly support and assist in the duties of the Model Validation Director in publishing reports and analyses to all constituencies.
·        Interact with IT and other matrix partners to improve Model Risk Management and QAT Validation capabilities.
·        Support Model Governance initiatives such as delivering annual QAT validation plans, inventory, and scheduling updates.
·        Consistently push for reporting efficiency gains through use of technology driven automation and well-designed and documented processes.
·        Contribute to value-added risk identification and quantification analysis and reporting.
·        Continuously broaden and deepen expertise in analytical methods, coding, and tools via self-directed research and training.

The Skills You Bring

  • 3 years required. 4-7 years experience in banking or financial services with experience in Forecasting, Stress Testing, Balance Sheet Management, Liquidity or Risk management (e.g. Operational, Model, Credit, Market, Liquidity) preferred.
  •  Bachelor's degree in Finance, Economics, Statistics, or a similar hard-science field.
  • Proficiency in reading and interpreting multiple programming languages with emphasis on SQL, Python or R.
  • Advanced knowledge of Microsoft Office Excel (including VBA), Word and PowerBI (including DAX & Power Query Editor)
  •  Advanced data management skills, documentation skills and orientation to accuracy and details.
  • Experience with control-based testing and/or evaluation
  • Excellent analytical skills and critical thinking ability to develop and execute strategic and tactical plans.
  • Excellent communication (technical writing and verbal), organizational, and interpersonal skills.
  • Ability to think thoroughly within end-to-end processes to see downstream and upstream impacts.
  • Experience with Nucleus, Snowflake, and/or AWS is 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. 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: An individual's position in the range is determined by 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. 

Emerging
85000
Experienced
117500
Expert
150000
Incentive Compensation: This position is eligible to participate in our annual incentive plan.
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