Job Description

At Ally, we take the safety and health of our employees seriously. Related to COVID-19, Ally moved quickly and decisively to protect the health and well-being of our teammates, including instituting a work-from-home protocol in mid-March. We are continuing to hire during this time and are finding new and innovative ways to onboard new teammates remotely. Flexibility remains key as we approach the evolving situation. Our teams will continue to work-from-home until leadership, in coordination with governmental guidance and requirements, determine that it is safe to re-enter our facilities. You can read more about how Ally is supporting our employees, customers, auto dealers and communities during this unprecedented time here.

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?

The Opportunity

Responsible for the execution of assigned reviews relating to Ally's SmartAuction (SA) Credit and Review function. Responsible for demonstrating skills in assessing commercial lending risks and credit decisioning, reviewing requests, making initial determinations of reportable issues, and providing analysis and monitoring of SA portfolios. Completes work in accordance with SA review methodology, all applicable standards, defined plans, budgets, policies and schedules.

The Work Itself

* Responsible for executing testing for SmartAuction requests; detect, quantify, and report issues as needed.
* Identify risks associated with potential issues.
* Review and act on SA daily, weekly, monthly risk reports.
* Handle next level Bridger, AML, Fraud and EDD requests
* Ensure documentation is in accordance with SA review policy and standards.
* Review workpapers evaluating test results for appropriateness of testing conclusions, ensuring issues are accurately identified, including root cause and risk impacts and recommendations are appropriate.
* Develop an understanding of and align with Ally's SA review approach, methodology and tools/technology.
* Maintain regular communication with Ally SA management, participate in meetings and interact with Business Units.
* Build and maintain proactive working relationships with personnel across Ally.
* Evaluate the completeness of management's corrective action plans.
* Ensure issues identified during reviews are followed through to management implementation and reach conclusions that the issues have been remediated and closed.
* Perform ad hoc projects as assigned to assist SA in analyzing Ally's risk and control environment.
* Participate in the preparation and analysis of SA review's continuous monitoring program. Analyze trends within the lending portfolios and credit related processes and provide assessment of the quality.

The Skills You Bring

* Bachelor degree or commensurate work experience
* 5-7 years of experience within a loan review function or credit related roles such as credit underwriting, risk management, or auditing credit / credit related processes.
* Demonstrates an understanding of analytical techniques including SAS, Access, Excel and/or SQL which will allow for the pulling and analysis of credit related data.
* Must have the analytical ability to develop and execute reports
* Understanding of risk management concepts and key performance drivers within consumer and commercial lending portfolios.
* Familiarity with risk and control concepts.
* Demonstrates the ability to work collaboratively and effectively at all levels of the organization.
* Strong project management skills; detailed, deadline driven, self-motivated, and organized individual.
* Strong written and verbal communications skills.
* Critical thinking, negotiation, and conflict resolution skills.

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.