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General information

**Ref #** 20644

**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

The Independent Risk Management (IRM) function for Liquidity Risk (Liquidity Risk IRM) is a team within Market and Liquidity Risk Management (MLRM) which is tasked with performing the independent review and challenge of key liquidity risk management processes for Ally Financial Inc. (AFI), and its direct and indirect subsidiaries (collectively, Ally).

Liquidity Risk IRM accomplishes this by providing oversight and effective challenge to Business Lines (BLs) responsible for managing the liquidity risk arising from Ally products, services, funding programs and other activities. The Liquidity Risk IRM Senior Analyst will be responsible for preparing analysis and reports in support of the continuous monitoring and testing and monitoring activities of the team. The individual will also contribute to various projects and initiatives of the team.

The individual will interact with various BLs involved in the management of liquidity risk (including Corporate Treasury, Regulatory Reporting and Deposits) as well as other IRM teams (including Enterprise Risk Management, Model Risk Management and Operational Risk).

At this time, Ally will not sponsor a new applicant for employment authorization for this position.

The Work Itself

* Facilitate Liquidity Risk IRM continuous monitoring activities: • Monitor daily/monthly Key Risk Indicators (KRIs), Risk Limits, cash position, retail deposit balances/flows, etc. • Prepare weekly AFI and Ally Bank short-term cashflow review and stress analysis. • Execute daily update of Power BI Dashboards • Facilitate monthly/quarterly committee reporting to the Enterprise Risk Management Committee (ERMC) and Market and Liquidity Risk Committee (MLRC). • Facilitate review of monthly regulatory reporting (FR2052a).

* Support testing and monitoring (T&M) activities: • Support development and monitoring of T&M Annual Plan. • Drive execution and documentation of T&M activities. • Upload T&M results into the Archer application. • Draft T&M procedures documentation.

* Perform recurring / ad hoc analysis as required, including: • Evaluating adequacy of risk limit thresholds by performing peer analysis, performing historical analysis on metrics, assessing volatility of forecasts, etc. • Monitoring various types of concentration risk (funding source, maturities, etc.).

* Engage with BLs to understand their processes, worksheets and controls; work effectively with individuals at all levels while demonstrating independence necessary to fulfill review and challenge responsibilities.

* Produce and deliver presentations to management and regulators as appropriate.

* Support preparation of responses to questions and requests from both external regulators and internal audit

* Identify and communicate issues to Liquidity Risk IRM management.

The Skills You Bring

* Bachelor’s degree in finance, business management, data analytics or economics strongly preferred.

* At least 3 years’ work experience required - including at least 1 year in a treasury/capital markets, finance or risk environment

* Exposure to financial statement analysis.

* Excel and Power-BI skills required;

* Proficiency in PowerPoint and Python preferred

* Strong analytical and communication skills.

* Attention to detail.

* Ability to consolidate and summarize large amounts of data from diverse sources into meaningful conclusion / report.

* #LI-Hybrid (three days in office, two days working from home)

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