Ally Financial

Procedures Analyst

Posted on: 3 Jan 2021

Fort Washington, PA

Job Description

Position Description

The Procedure Analyst is responsible for partnering with various teams to develop, implement, and maintain policies and procedures for all products and services in the Deposit Organization. This position is also responsible for coordinating and reporting the frequency of procedure updates and uploading approved changes to the Knowledge system and any other ancillary systems as necessary.

To be successful as a Procedure Analyst, candidates must have an in-depth knowledge of basic retail banking. As writing is one of the primary responsibilities of the position, applicants must possess superior writing and editing skills. Candidates must also have excellent verbal communications skills and be comfortable presenting to groups. The ability to quickly establish a rapport with colleagues, present options to opposing positions and gain consensus where necessary is critical.

A Procedure Analyst meets with leaders and select members of each business unit or group to acquire thorough knowledge of their respective operations and procedures. Working independently, this person then writes a procedure to describe the steps and requirements of each procedure. Sometimes, the policy or procedure may include improvements or changes to the current procedures.

After completion, the Procedure Analyst presents the information to the designated reviewers for approval. Once a policy or procedure is approved, the Writer begins the publishing process. The policy writer may then collaborate with the training department to help employees understand and implement required changes.

Job Responsibilities

Primary Responsibilities include:

* Maintain the ongoing management and organization of the Deposits annual review process.
* Ensure that all procedures are linked appropriately to policy and flowed through the proper channels for approval.
* Assist subject matter experts and management in the review, update and revision of policies and procedures.
* Develop, implement, maintain, periodically review and update policies/procedures to ensure compliance with applicable laws and regulations across Deposits.
* Coordinate with the contact center to ensure that changes in Deposit Operations policies and procedures are timely communicated to the contact center associates.
* Assist in the development and ongoing oversite of an annual review process for Contact Center Knowledge articles.
* Manage the processes performed by the banks third party vendor by organizing meetings with process stakeholders, reviewing their procedures and making appropriate updates based on current business process annually.

Special Position Requirements:

* Travel is infrequent for this role. For planning purposes, the candidate should consider that they will take at least one trip annually. The duration of the trip is approximately 2-3 days.

Qualifications

* Bachelor Degree or the equivalent combination of education and experience.
* Detail-oriented, deadline driven, self-directed and organized individual.
* Strong written and verbal communications skills.
* A minimum of 2-3 years' experience working with Procedures Management 5 years of banking operations experience required.
* Strong knowledge of product/services for supporting internal and external groups.
* Excellent communication, organizational and teamwork skills are essential.
* Proficiency in Windows-based PC skills (Microsoft Office) is required.
* Ability to multi-task and to effectively process diverse workloads concurrently.

Ally Overview

Ally 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.

Ally Bank

Ally Bank is a direct bank in the U.S. that offers a straightforward approach to banking with no minimum deposit required to open an account, no monthly maintenance fees and 24/7 live customer care. A subsidiary of Ally Financial Inc. and member FDIC, the bank offers online savings, interest checking, money market accounts, certificates of deposit with terms ranging from three months to five years, and IRA Plans and products. Ally Bank was named "Best Online Bank" for the 5th consecutive year since 2011 by MONEY Magazine.

Total Rewards Information

Ally's compensation program offers market-competitive base pay and bonus pay potential based on achieving personal and company goals. Plus, we have a flexible paid time-off program with an emphasis on work-life balance.

Ally offers a variety of benefits to protect your health and well-being, provide financial security and balance your work-life needs including:

* Industry-leading 401K Retirement Savings Plan including Matching and Company Contributions
* Comprehensive wellness program with financial incentives designed to help you achieve your best health
* Flexible health insurance options including dental and vision
* Pre-tax Health Savings Account with generous employer contributions
* Pre-tax dependent care and commuter benefits
* Other work-life integration benefits including Paid Parental & Caregiver Leave, Adoption Assistance, Back-up Child & Adult/Elder Care, Child Care Discounts, Tuition Reimbursement, LifeMatters Employee Assistance Program, Weight Watchers and other employee discount programs

Ally Financial

Detroit, MI

Ally Financial Inc. provides various financial products and services to consumers, businesses, automotive dealers, and corporate customers primarily in the United States and Canada. It operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans, other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing. It also offers financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment provides consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers.

The Mortgage Finance Operations segment manages held-for-investment consumer mortgage finance loan portfolio that includes bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings.

The Corporate Finance Operations segment offers senior secured leveraged cash flow and asset-based loans to middle market companies. It primarily focuses on businesses owned by private equity sponsors with loans used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital.

The company, through its subsidiary, Ally Bank, also provides commercial banking products and services. In addition, it offers digital securities brokerage and investment advisory services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is headquartered in Detroit, Michigan.

  • Industry
    Banking/Financial Services
  • No. of Employees
    8, 200
  • Jobs Posted
    2961

Similar Jobs