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?

The Opportunity

The role of Ally Bank Accounting Senior Analyst -- Affiliate Governance will report to the Director -- Affiliate Governance and is crucial to the success of Ally Bank's compliance with Sections 23A and 23B of the Federal Reserve Act. The Affiliate Governance department role is to ensure Ally Bank's ongoing compliance with the requirements of 23A/B. This position will support management in monitoring/reporting on all new and existing affiliate related activity that directly or indirectly impacts the Bank. This will include the ongoing preparation of monthly and quarterly attestation work related to inter-company settlements with the Bank's Affiliates as part of the Ally Bank Affiliate Transactions Monitoring Process. In addition, this position will be responsible for the preparation daily and monthly Affiliate Governance reporting. Further, the position will include the ongoing maintenance of the central data repository pertaining to affiliate transactions.

The Work Itself

Primary Responsibilities

* Complete the monthly attestation process for Bank/Affiliate settlements
* Complete daily 23A Collateral Adequacy reporting
* Calculate the monthly affiliate SOW billing
* Build the monthly intercompany settlements analysis
* Complete monthly reporting of collateral adequacy (FR2052a -- Capital Limits Reporting) and affiliate transactions
* Support the quarterly Affiliate Transaction Management Committee (ATMC) meeting support with meeting minutes and slide preparation
* Maintain Affiliate Transaction Central Data Repository
* Support of potential Reg W Fed Exam and internal reviews by Audit, Compliance, Model Risk Management, and Operational Risk Management/Business Line Risk
* Maintain Affiliate Governance Business Resumption Plan
* Ensure desk procedures are robust and up to date
* Establish and manage relationships with key partners across Ally
* Develop subject matter expertise for activity within the GL accounts within which affiliate transactions are supervised
* Conduct annual pricing reviews of affiliate transactions and update corresponding Affiliate Transaction Memo (ATM) documentation to ensure ongoing compliance with the 23B market terms provision
* Complete ad hoc projects and process improvements as needed

The Skills You Bring

* Bachelor's degree required; Accounting, Finance, Economics, or Business preferred
* CPA, MBA, or applicable Master's degree preferred
* 3-5 years of relevant banking experience; accounting experience required
* Familiarity with Ally's general ledger, accounting systems and processes required
* Excel and SAP skills required; Power BI or other report automation skills preferred
* Highly motivated to learn and contribute
* Strong analytical skills and comfort with data-driven analyses
* Strong written communication skills, especially as it relates to updating ATM and desk procedure documentation
* Ability to work as part of a team
* Ability to balance multiple projects and demands simultaneously

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.