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General information

**Ref #** 20650

**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 weekly with some remote work . The location for this position will be Detroit, Michigan or Charlotte, North Carolina. Some travel required (1-4 times per year depending on location).

The Senior Counsel will report to the Assistant General Counsel supporting Ally’s Auto Finance underwriting operations, who reports to the Deputy General Counsel - Auto Commercial Services & Customer Delivery. This Senior Counsel position will be primarily focused on providing legal advice to identify and mitigate underwriting legal risk, including providing guidance on business practices that assess creditworthiness, reviewing proposed changes to underwriting policies, supporting the business in responding to regulatory inquiries or examinations, and staying informed of changes and developments in underwriting laws and regulations. The Senior Counsel will also work collaboratively on a team of legal professionals supporting Ally’s Auto Finance business, including special Auto Finance projects.

The Work Itself

The legal support will include review of various business initiatives from an underwriting perspective, marketing, contract review, complaints, and regulatory changes.

The role will work closely with the Assistant General Counsel to provide legal guidance on Ally’s Auto Finance underwriting operations, business initiatives, and regulatory examinations, including:

* Provide practical and timely legal guidance on legal risks and issues

* Review escalated complaint responses

* Review marketing strategies and marketing campaigns

* Review internal policies and training materials

* Help negotiate vendor contracts

* Serve as a trusted partner and creative problem-solver

* Collaborate with other members of the Legal Staff and Government Relations team, as needed.

The Skills You Bring

* Juris Doctor from an accredited law school required

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Bar membership in good standing

Additional qualifications:

* Ability to independently handle multiple assignments in a high-volume environment.

* Alignment with Ally's culture, including a contagious enthusiasm for serving others, being inclusive, and excelling together

* Unquestioned reputation for ethical conduct and integrity

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Exemplary written and oral communication skills

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Intellectual curiosity

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Strong work ethic and an ownership and goal-oriented mentality

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2+ years’ experience in legal practice preferred

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Experience in regulatory law and contract negotiation preferred

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Knowledge of relevant federal statutes and regulations, including ECOA and FCRA, as well as relevant state credit underwriting and fair lending statutes and regulations preferred

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Experience in financial services preferred

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:** 110000

**Experienced:** 145000

**Expert:** 180000

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