Senior Analyst - Market and Liquidity Risk .
Ally and Your Career
The Opportunity
This role is on a hybrid schedule , in office a few times each week in our New York City office.
The qualified candidate will support the Market & Liquidity Risk team, a second-line risk team, with daily market risk reporting, senior/Board level risk committee communication and reporting, policy compliance monitoring, Enterprise Risk strategic initiatives, and other governance efforts as required. Much of the focus will be analyzing investment securities comprised of equities, equity options, treasury bonds, agency residential mortgage-backed securities (RMBS), non-agency RMBS, agency commercial mortgage-backed securities (CMBS), and corporate & municipal bonds. Broader responsibilities will include analysis of Ally’s private equity portfolio and opportunity to work with other groups within the broader team including the liquidity, interest rate and counterparty risk teams.
The Work Itself
- Prepare, analyze and distribute daily risk reporting packages
- Work with IT to improve daily processes through automation
- Provide analysis and create materials for committee meetings and reporting
- Stay abreast of Capital Market developments through published research and other sources
- Learn investment and hedging products/strategies and understand how they fit into Ally’s balance sheet
- Lead and assist with projects typically aimed at improving oversight activities
- Support the broader Market and Liquidity Risk team as needed
The Skills You Bring
- Bachelor's degree required, preferably in a quantitative role such as Economics, Finance, Accounting, Mathematics, Science, Computer Science.
- 3+ years professional experience in a corporate setting required
- 1+ years in a reporting role responsible for producing and managing strict deliverables from multiple and complex datasets
- Knowledge of bond math (e.g. discounted cash flows, duration) and basic statistics (e.g. standard deviation, regressions)
- Proficiency with Microsoft Excel and data visualization tool experience required, Power BI preferred
- Professional experience required in Python. SQL or other programming languages a plus
- Familiarity with Bloomberg and/or QRM a plus
- Interest in capital markets (e.g. fixed-income, equities, derivatives, monetary policy)
- Experience managing and reconciling large datasets segmented multiple different ways
- Strong analytical and technical skills
- Strong work ethic, persistence and determination in problem solving
- Ability to produce deliverables accurately and on time with minimal supervision
- Ability to filter, analyze, and translate data into meaningful information from which to draw conclusions
- Demonstrated ability to take full ownership of deliverables and be accountable for results
- Willingness and ability to continually improve processes and document procedures
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.