Job Description

Business Unit/Enterprise Function Description

Ally Auto's U.S. auto finance operations provide a wide array of financial products and services to automotive dealerships and retail automotive customers in the United States. Together with Dealer Products and Services, the U.S. auto finance team has built strong dealer relationships by offering high-quality wholesale financing services, attractive volume incentives and a full array of highly competitive products like extended service contracts, dealership insurance products and more.

Position Description

The Senior Operations Research Developer is considered an analytical/procedural expert that will interact with various technology and business groups to develop an understanding of their business requirements and operational processes to optimize the indirect auto lending business. This position will focus on identifying and analyzing opportunities to improve existing algorithms and code for the next generation of Ally's credit decisioning optimization system. We are looking for someone who thrives on solving complex problems and will leverage their technical expertise and understanding of the financial services industry to develop a world class optimization engine. This individual will work closely with a broad group of matrix partners, including business operations, IT, Risk, Finance/Pricing, Analytical Modeling, and Product Management, etc. to implement business requirements systemically.

Job Responsibilities

* Develop and support a real time, high availability optimization system using mathematical models, simulations and data analysis
* Implement robust optimization models for new strategies related to pricing, profitability and solving for alternate loan options
* Perform analysis of the performance of these systems under uncertainty using optimization tools such as XPRESS to find both exact and heuristic solution strategies for optimization problems
* Create computer simulations to support operational decision-making
* Recommend process optimization to allow for greater efficiency via existing and new technology
* Interpret, design and codify business requirements from key stakeholders, both internal and external
* Develop and manage integrations with other applications
* Provide support and respond to production issues, perform troubleshooting, and initiate improvements to the overall application design
* Advise and collaborate with governance resources to create detailed documentation, controls, testing and governance processes
* Advise and collaborate with product managers regarding system viability and design related to implementing business requirements

Qualifications

* College degree(or equivalent experience) in Operations Research, MIS or computer science with a strong mathematical/statistical background or related technical field strongly preferred
* Experience in mathematical programming, including non-linear/ mixed integer programming in Xpress-Mosel, CPLEX, Gurobi, SAS OR, MATLAB or other open source solvers (such as AMPL, GLPK)
* Experience with Insight and Xpress-IVE
* Knowledge of query-based languages and accessing data sources
* Able to convey mathematical results in plain English, being able to clarify and formalize complex problems
* Experience in Java, C/ C++, R, Python, XML or SQL are desirable
* Experience and comfort with Agile methodologies
* Excellent problem solving, team and time management skills
* Ability and willingness to provide advice/direction in primary areas of expertise and share technical knowledge and expertise to other resources
* Knowledge of general financial concepts -- P&L calculations, amortization schedules, basic understanding of interest rates, financial metrics, pro-forma models, etc a plus

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.

Total Rewards Information

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: benefits to help you plan for the near and long term including 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 family stay on track physically, socially, emotionally and financially.
* Building a Family: adoption, surrogacy and fertility support as well as benefits that help you take care of your family -- 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.