General information

Ref # 19247

Remote? No

Ally and Your Career

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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

This role is on a hybrid schedule in office a few days each week with some remote days.

The Risk Appetite team is part of Enterprise Risk Management and manages Ally’s risk appetite framework including risk appetite statement and risk appetite limit design, development, implementation, reporting, and escalation across all risk types in Ally’s risk taxonomy. The Risk Appetite team is also responsible for QA reviews, helping to achieve full adherence to the expectations set forth in the Enterprise Risk Appetite Standard.

The Risk Appetite Manager is an individual contributor role and works across multiple business functions and risk types to help determine impacts to capital from movements in applicable risk appetite limits, helps to determine and review risk appetite limits under stressed conditions, consistent with the Capital Plan Stress Test (CPST) scenario, may assist in creating reports for the Enterprise Risk Management Committee, and may assist with QA tests.

The Work Itself

• Consult with Independent Risk Management (IRM) and businesses to establish, enhance, and report on risk appetite limits as needed.
• Lead the buildout of the risk capacity framework to relate risks exposure to financial impacts.
• Act as the main point of contact for the risk limit benchmarking exercise, which stresses applicable risk appetite limits using the Capital Plan Stress Test (CPST) scenarios
• Understand the Enterprise Risk Appetite Standard to help stakeholders execute their reporting responsibilities.
• Assist in creating reporting dashboards for internal Risk Appetite team use and for businesses.
• May assist in compiling information from our risk appetite platform (RADAR) into materials for Enterprise Risk Management Committees and Risk Committees.
• May assist in QA tests to review risk appetite limit documentation, design, data sources/transformations, and reporting based on the expectations of the Enterprise Risk Appetite Standard.

The Skills You Bring

• 5+ years in a financial risk, stress testing, or capital management function

• 2+ years required experience in either stress testing or risk appetite responsibilities

• Skilled with Microsoft Office applications (Excel, PowerPoint)

• Bachelors Degree preferred
• Experience in quantitative data analysis, including data aggregation and reporting
• Proven ability to deliver results in a highly complex environment
• Excellent consultative and influencing skills
• Excellent written and verbal communication skills
• Ability to collaborate with professionalism; communicate effectively across business levels
• Ability to support multiple assignments and stakeholders while delivering on timelines
• Ability to organize work, prioritize and exercise effective problem-solving skills
• Ability to build strong relationships with internal business partners in a collaborative and team-oriented manner

#hybrid

How We'll Have Your Back

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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.

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: 90000

Experienced: 120000

Expert: 150000

Incentive Compensation: This position is eligible to participate in our annual incentive plan