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.

Position Description

The Risk & Governance Manager is responsible/accountable for the Third Party Risk Management (TPRM) governance routines with a strong focus on continuous improvement and optimizing third party risk understanding and framework across the organization. This individual works cross-functionally with Supply Chain, Risk, Compliance, as well as Business Line partners and may communicate scope, progress, issues and risks to stakeholders at various levels. Key responsibilities include enhancing Ally's TPRM program and governance routines, advancing Ally's TPRM strategy, developing training and communications, and managing regulatory requests.

Job Responsibilities

* Oversees ongoing development and refinement of the Third-Party Risk Management governance practices, tools, and technology.
* Manages the Third Party Risk Management Program training and communications efforts with a cohesive vision and execution across the team.
* Leads projects, program development efforts, process enhancement initiatives, and risk management efforts intended to facilitate achievement of objectives.
* Responsible for timely responses to regulatory and audit requests, serving as coordinator for the collection of materials.
* Supports/Leads internal oversight & governance routines including the tracking/reporting of issue remediation.
* Serves as a resource to the business lines for Third Party Risk related matters and initiatives, providing mentorship to managers and compliance partners on the implementation of effective controls including policies, procedures, and governance.
* Evaluates Third Party testing results to identify, develop and recommend governance enhancements or training to further support risk ownership and understanding of those engaged in the third party lifecycle.
* Ensures effective processes and controls are developed to ensure the banks successful execution of the program in accordance with regulatory guidance.
* Establishes processes to anticipate customer needs. Analyzes present-state, developing alternative future-state approaches and implementation.
* Tracks issues and works to troubleshoot roadblocks in order to minimize impact to projects; providing management with alternative solutions as needed.
* Flexibility to pivot as new information and requests arise

Qualifications

* BA/BS required in business, communications, journalism or related field. Project Management/Change Management/Process Improvement/Training & Development certification desired.
* Minimum 7+ years of Banking / Financial Service industry experience is preferred; related work experience could include Risk Management, Third Party Management, Sourcing, Procurement, Audit, Legal or Compliance. Experience working with Third Party Management is preferred.
* At least 4+ years leading governance routines, projects and providing responses to regulators.
* Excellent technical writing and effective presentation skills are required to be successful to support committees, forums, governance documentation, and training.
* Ability to interact with a variety of internal and external people in a professional manner that creates confidence in his/her knowledge and abilities and helps foster mutually satisfactory resolution to risk gaps and issues.
* High degree of emotional intelligence and organizational skills.
* Ability to establish priorities, multi-task, handle competing priorities and follow through on all open items/tasks.
* Working knowledge of risk components (e.g., policy/procedures, governance, reporting, self-assessments, etc.) in a regulated environment (e.g., FDIC, FFIEC, FRB, OCC guidelines).
* Ability to lead, collaborate, adapt to change, troubleshoot, analyze issues and determine root cause, are critical skills.
* Ability to independently problem solve and make decisions in scenarios where a precedent does not exist.
* Strong proficiency with all Microsoft products (Word PowerPoint, Visio).

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.

Business Unit/Enterprise Function

Ally Risk function manages and analyzes our exposure to internal and external risk factors. The group strives to achieve an appropriate balance between risk and return, to limit unnecessary risk, and to protect the company's financial returns.

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.