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General information

**Ref #** 20095

**Remote?** No

Ally and Your Career

*

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 based out of our Charlotte, NC office only.

The Senior Analyst is responsible for executing various qualitative methodology, analytical, and control-based validation activities, change-based review, qualitative methodology performance evaluations, and subject matter development to apply a risk sensitive approach to model risk management. Also, the Senior Analyst is responsible for coaching/mentoring junior analysts to promote cross learning and assisting the Director, as needed, with other program responsibilities (e.g., inventory onboarding, issue closure testing, forum reporting, internal validation review).

The Work Itself

* Effectively challenge the methodology development process, conceptual soundness, ongoing performance monitoring, implementation, and appropriateness of the assumption use during validation, with on time delivery of high-quality work products.

* Independently scope and execute validation testing and reporting

* Clearly communicate and document findings to internal and external stakeholders in a collaborative manner

* Identify opportunities to enhance validation processes

* Engage in continuous learning opportunities with IRM partners and self-guided research work for alternative and emerging validation techniques.

* Effectively coach, mentor, and motivate teammates to foster teamwork and a cross learning culture

* Develop and maintain effective partnerships with participants / stakeholders within Ally's model risk management community

* Partner with leadership to execute ad hoc requests related to testing, reporting, change management, issue management, and ongoing performance monitoring reviews.

The Skills You Bring

* 3+ years in Model Risk Management, Model Risk consulting, Model audit or a related Owner/Developer role in a Business Line / independent review and challenge function

* (e.g., SOX Financial Controls, Credit Risk, Market Risk, Insurance Risk, Liquidity Risk, CCAR/DFAST, Scenario Analysis, Corporate Forecasting, CECL/ACL)

* Proficient knowledge and comfortability with qualitative methodology/analytical tool implementation platforms such as Excel, Python, SQL, and/or R.

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

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

* Preferred experience in developing, testing, creating challenger tools/models, and effectively testing unique tools, calculations, and assumptions.

* Preferred experience in developing Ongoing Performance Monitoring (OPM) and/or OPM review & challenge

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

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

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