Senior Analyst, Credit Risk

Position DescriptionThe Senior Analyst - Credit Risk is responsible for conducting complex analysis and in-depth research on credit risk management issues across Ally's Auto portfolios to assist Independent Risk Management (IRM) execute its responsibilities. IRM's responsibilities include providing an objective, critical assessment of risks and evaluation of whether Ally remains aligned with its risk appetite and risk limits. The analysis and research includes reviewing and evaluating credit risk policies and procedures, risk rating methods used and the associated risk ratings assigned, developing and publishing risk related reporting on portfolio trends and measures and drafting presentations to communicate conclusions to all levels of management.IRM maintains and implements Ally's risk management framework and independently oversees risk-taking activities, sets parameters representative of a strong risk culture that encourages an informed, measured, disciplined, and balanced approach to risk-taking and fair and honest treatment of customers, counterparties, and employees.This position is within the Consumer Auto Monitoring and Testing Team and can be located in Lewisville, Jacksonville, Charlotte or Detroit.Job Responsibilities

Independently identify, assess, measure, mitigate, control, monitor, test, report, and escalate risks, including aggregated risks across the enterprise

Credibly challenge and advise the Business Lines with respect to the management of risks

Set the criteria for testing the effectiveness of controls and independently test the effectiveness of controls

Advise management on the suitability of risk exposures relative to the Risk Appetite Statement and risk limits

Provide SME guidance in support of BL compliance with Credit Risk Management framework components

Provide consolidated enterprise-wide risk reporting, including in connection with any identified deficiencies in risk management and their remediation

Conduct ad-hoc analytics and manage various other independent project

Work with the Monitoring and Testing team to develop data, analysis, tools in support of testing and monitoring efforts.

Support and execute a risk-based annual testing and monitoring plan; report on results and escalate issues as necessary.

Create monthly Monitoring and Testing reports for management.

Perform ad-hoc analysis and reporting as requested by management.

Assess credit policy and procedural change requests from Underwriting and Servicing organizations.

Review and challenge BL credit policies, standards, and procedures.

Qualifications

Bachelor's degree required.

5+ years' experience in Risk Management or applicable line of business (e.g., credit operations, testing and monitoring, or audit), preferably in financial services or similar industry.

Experience in Auto or Insurance a plus.

Working knowledge of risk management components (e.g., policy/procedures, governance, reporting, risk control self-assessments, loss event capture) in a regulated environment.

Demonstrated ability to work collaboratively and effectively at all levels of the organization.

High level of personal integrity, with the ability to handle confidential and otherwise sensitive matters professionally and with the appropriate level of judgement and maturity.

Ability to develop and execute on policy testing and monitoring strategies of consumer auto portfolio.

Ability to draft executive level presentations / reports to communicate conclusions and recommendations to all levels of management.

Good organizational skills with the ability to work independently.

Ability to support multiple assignments and stakeholders, self-prioritize workload and coordinate with teammates to ensure that deadlines are met.

QC/QA experience a plus.

Underwriting and or Servicing experience a plus.

Data analytics experience a plus (SAS/SQL/Power BI).

Ally OverviewAlly Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.Business Unit/Enterprise FunctionAlly Risk function manages and analyzes our exposure to internal and external risk factors. The group strives to achieve an appropriate balance between risk and return, to limit unnecessary risk, and to protect the company's financial returns.Total Rewards InformationAlly's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Plus, we have a flexible paid-time-off program including time off for volunteer opportunities. Ally's Total Rewards Program is designed to enrich your life at work and outside of it and includes:

Industry-leading 401K retirement savings plan with matching and company contributions

Wellness program encouraging healthy living with financial rewards

Flexible health insurance options including dental and vision

Pre-tax Health Savings Account with generous employer contributions

Pre-tax commuter benefits

Other work-life integration benefits including parental and caregiver leave, adoption assistance, backup child and adult/elder day care program, child care discounts, tuition reimbursement, LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs

Ally is an Equal Opportunity EmployerWe extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's 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.Job Title: Senior Analyst, Credit RiskCompany: Ally Financial Inc.Category: RiskBU Function: RiskExperience Level: ExperiencedRequisition ID: 20-5077