Job Description

Ally and Your Career

Ally Financial only succeeds when its people do - and that's more than some cliche 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?

Ally Insurance is a subsidiary of Ally Financial and is a leading global provider of automobile-related insurance and reinsurance products for automobile dealers and their customers.

Ally Insurance works with automotive dealers and their customers to provide solutions through our portfolio of products. We market vehicle service contracts such as the industry-leading Ally Premier Protection plan as well as vehicle maintenance contracts. Ally Insurance also services the insurance needs of our dealers' businesses by offering dealer inventory insurance, as well as liability and property protection.

This position offers an excellent and challenging opportunity to apply financial, operational, and underwriting risk management principles to an insurance business that is a subsidiary of a large financial institution. It is the purpose of the Ally Insurance Risk Management organization, to establish and maintain effective controls and tools for the management of risk that may impact, among other things, earnings, capital adequacy, liquidity, and reputation. To identify, measure, and manage these and other risks, Risk Management strives to implement effective internal controls, provide timely and reliable management information, and develop processes and metrics to monitor exposures.

The Work Itself

* Emerging Risks: Contribute to identifying risks which may develop, or which already exist that are difficult to quantify and may have a high loss potential. Carefully consider and take appropriate action to escalate and mitigate these risks to protect the reputation and long-term viability of the company.
* Risk Frameworks: Lead in the build out and Management of the following Risk Management Frameworks:
* Third Party Risk Management
* Governance
* Conduct & Reputation Risk
* Risk Measurement: Utilize and contribute to improving risk indicators that are used to monitor and report risk exposures in the business. Be able to understand risk limit, KPI, KRI and implement the metrics accordingly.
* Risk Monitoring: Prepare material for quarterly leadership committee and board meetings, including organizing and compiling agenda materials, taking meeting minutes and tracking any action items that may arise.
* Risk Reporting:
* Research, analyze and summarize information from various sources in a cohesive manor to support decision-making for management.
* Lead multiple processes under stringent deadlines to consolidate management reporting.
* Support the business in responding to requests from Internal Audit and Regulators.

Competencies

* Results-Oriented
* Collaboration
* Analytical Thinking
* Strong Oral and Written Communication Skills

Continuous self-development

The Skills You Bring

* Bachelor's degree in risk management, finance, economics, mathematics, statistics, or related field.
* 1-3 years of related experience.

How We'll Have Your Back

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 child care 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.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.