General information

Ref # 18483

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

Join our dynamic Ally Insurance Business Line Risk team as a Senior Analyst and make a significant impact on our operations. Utilize your data savvy, detail-oriented mindset, and positive attitude to propose innovative ideas and develop effective strategies for improving our risk program. Key focus areas include risk appetite and reporting, credit risk, and strategic risk governance. With high visibility in the business, you will be at the forefront of risk-related conversations and contribute to discussions with key stakeholders, including Ally Insurance leadership. This is an excellent opportunity to elevate your career, enhance your risk management skills, and increase your impact and influence within the organization. Join us and be part of a team dedicated to excellence and innovation in risk management.

This role works from an Ally office in either Detroit MI or Schaumburg IL.

The Work Itself

• Risk Appetite and Risk Reporting: Utilize and develop your Power BI skills to create detailed reports on key risk stripes, gaining a comprehensive understanding of the risks impacting the business. Collaborate with risk partners to thoroughly assess key risks, culminating in a monthly update of the Risk Dashboard that is presented to Ally Insurance leadership. Work closely with colleagues to establish new Risk Limits and Key Risk Indicators (KRIs) for the early detection and prevention of potential risks.
• Credit Risk: Lead improvements to the credit risk management framework by analyzing credit portfolio trends and key risk indicators. Work closely with the Auto Finance Credit Risk team to gain deeper insights into credit risk assessments and apply this knowledge to enhance credit risk analysis. Collaborate with the Underwriting Team to address underperforming accounts, stay updated on actions taken, and monitor strategies aimed at improving the overall credit quality of the portfolio.
• Strategic Risk Governance: Collaborate with Insurance business partners and Ally risk management experts to oversee the risk assessment process for new products and business initiatives. Evaluate potential risks and ensure that effective risk mitigation plans are established and implemented before launching new initiatives. Promote effective governance within the Insurance business by developing and maintaining robust policies and procedures, and by facilitating committee meetings and communications.

The Skills You Bring

• 3+ years of relevant experience in the Financial Services industry, with a successful track record of applying risk management methodologies to assess, monitor, and report on risks.
• Data analysis and cloud based reporting skills, including experience using Snowflake, SAS, Python, R, and PowerBI
• Excellent interpersonal and communication skills, enabling effective interaction with senior leadership, key stakeholders, and matrix partners.
• Well-developed listening, influencing, and collaboration skills, with the ability to identify and influence decision-makers, defuse conflicts, and work towards agreement.
• Highly organized, self-motivated, and detail-oriented, with the ability to manage tight deadlines and adapt to unexpected requirement changes. Willingness to ask questions and challenge existing processes.
• Strong analytical and problem-solving skills, with the ability to quickly grasp new subject matters and apply an analytical mindset to think proactively and strategically. Capable of identifying gaps and proposing effective solutions.
• Ability to quickly gain knowledge in multiple areas simultaneously (e.g., risk frameworks, processes being remediated/enhanced) to understand program objectives and effectively oversee/contribute to their implementation.

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:

Emerging: 70000

Experienced: 85000

Expert: 100000

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