Career area

Risk

Work Location(s)

1100 Virginia Drive, Fort Washington, PA, 500 Woodward Avenue, Detroit, MI, 601 S. Tryon Street, Charlotte, NC

Remote?

No

Ref #

14852

Posted Date

Tuesday, February 28, 2023

Working time

Full time

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 Business Line Risk Sr Analyst position will provide oversight over various risk routines within the Business Line Risk Team of Ally Lending. The primary focus of this role will be leading and executing the Ally Lending Documented Procedure Oversight program, and the continued build and development of this program as part of the Business Line Risk framework. Additionally, this role will lead execution activities for other programs within the Ally Lending risk framework including business continuity routines, maintenance of the review management schedule, liaison for audit/exams/risk assessments, BL privacy routines, complaint/claims review and challenge, and licensing renewal activity. This role will be hands on requiring someone who is comfortable LEADing elements of the risk program and working in a fast-paced environment across multiple cross-functional areas including Operations, Provider Risk, Sales, Finance, Credit Risk, Compliance, and Legal partners. This role will also serve as a liaison to external risk partners including Independent Risk, Enterprise Risk, and Operational Risk Management teams. We want a team member who will look for ways to challenge the status quo and improve efficiency and effectiveness of processes with a focus on risk practices, operational compliance, and consumer best practices. This position offers an excellent and challenging opportunity to apply risk management principles to a business that is a subsidiary of a large financial institution.

• Lead both the annual and off-cycle procedure review process and governance routines
• Lead efforts in the identification of required procedures for Lending
• Lead review and challenge and stakeholder engagement activities of Business Line Risk procedures to ensure procedures are documented with appropriate amount of detail
• Develop a consistent, repeatable complaint and/or claims review process to identify trends of potential risk exposure to the Lending
• Lead the execution of both internal and external inquires, Audit request, Testing request, or State of Federal level exam support
• Lead efforts in the annual license renewal process by collaboration with stakeholders for timely renewal documentation submission
• Provide ongoing communication to risk partners and stakeholders regarding ongoing progress and status
• Work with business on ongoing initiatives to develop recommendations for process control improvements
• Implement procedures to ensure accuracy and a sustainable process
• Understand, comply, maintain, and reinforce regulatory and business line policies and procedures/guidelines
• Continue to grow with the Risk Department as the business line evolves

• Bachelor’s degree or equivalent experience
• 3-5 years of related experience (e.g. risk management, compliance) preferably in financial services or similar industry
• Prior experience coordinating, consolidating, and reviewing deliverables for internal audits and regulatory exams preferred.
• Familiarity with CFPB and FCRA as applicable to closed-end credit products a plus.
• High-level of critical thinking, problem-solving capability, and research-oriented skills
• Well-organized and detail-oriented
• Ability to adapt to change quickly
• Demonstrates excellent interpersonal and communication skills (personal, written and presentation) and the ability to work cross-functionally
• Ability to manage several priorities and deliver timely results
• Strong skills in Archer, MS Excel, Word, SharePoint, and PowerPoint required

• 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.

  
  

  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.

Emerging

70,000

Experienced

82,500

Expert

100,000