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General information

**Ref #** 19745

**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 our Charlotte office with a few days in office weekly and some remote days.

The Senior Analyst role will work in Ally’s enterprise Model Risk Management function under the direction of the Model Risk Director responsible for Analytical Tool Validation (e.g., Python, SQL, R, SAS, Excel, Power BI). These tools support critical functions such as external regulatory reporting, corporate forecasting, risk appetite, pricing, valuation, capital, liquidity, stress testing, and strategic decision making within Auto Finance, CFO Group, Insurance, and Commercial & Consumer Banking Products. Also, this role will support the Validation Director with the continuing buildout of the framework inclusive of knowledge shares with the Business Lines, issue and change validations, and ongoing performance monitoring reviews of tools that produce estimates. The Sr Analyst is responsible for delivering accurate, timely, and relevant validation/testing reports, issue identification/remediation efforts, providing feedback to the Business Lines to promote best practices and subject matter expertise to the internal Model Risk Management team.

The Work Itself

* Perform Ongoing Performance Monitoring (OPM) analysis as directed by Model Risk leadership.

* Perform issue validation and closure activities for issues sourced by the QAT Validation team, execute follow ups with the Business Line as issues approach their closure date.

* Partner with other IRM departments on validation activities and sourcing of issues

* Perform change materiality assessments to determine if further validation testing is necessary

* Utilization of industry experience to provide internal coaching and feedback to other validation analysts while encouraging a culture of continuous learning.

* Perform Validation/testing on analytical tools in the CFO, Auto Finance, and Commercial & Consumer Banking Products areas of the Bank. Validations will consist of control, data, & methodology/calculation testing, report writing, verbal & written communications, and potential issue identification & remediation.

The Skills You Bring

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* 3+ years in Model Risk Management, Model Risk consulting, Model audit or a similar analytical function / independent review and challenge function (e.g., SOX Financial Controls, Credit Risk, Market Risk, Capital Risk, Liquidity Risk, CCAR/DFAST, Scenario Analysis) Related business line function experience is highly desired.

* Proficiency in reading and interpreting multiple programming languages with emphasis on SQL, Python or SAS

* Advanced knowledge of Microsoft Office Excel (including VBA), Word, and PowerBI (including DAX & Power Query Editor) required

* Masters in a quantitative-based subject with a focus on relevant areas such as: Finance, Economics, Statistics, Analytics or an additional 3 years in a similar work experience.

* Experience with reviewing others’ written work and performing QA analysis.

* Experiene and comfortability with working in a high performing environment while retaining flexibility with shifting strategies/priorities.

* Excellent and demonstratable ability to collaborate, communicate (verbal & written), and partner with Business Line partners to meet enterprise expectations and ensure that the Business Line understands requirements set forth in the Standard.

* Strong experience with reading, writing and reviewing technical documents. Preferred: analytical and/or model whitepapers, academic/industry whitepapers.

* Preferred experience in performing Ongoing Performance Monitoring analysis to evaluate tool reliability.

* Preferred experience in developing, testing, creating challenger tools/models, and effectively challenging unique tools

* Experience with control-based testing and/or evaluation

\#LI-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 [email protected]. 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