senior financial analyst
Posted on: 6 Dec 2021
Charlotte, NC
Job Description
The Opportunity
The Senior Financial Analyst will play a critical role in the financial planning, reporting and analysis in support of the Deposits and Consumer Strategy business of Ally Bank. Specifically, the Senior Financial Analyst will execute and support a number of finance related activities, including the development of an annual budget, forecast updates, reporting and variance analysis of monthly and quarterly results, stress testing related analysis, strategic scenario planning and business cases, enhancement of the existing controls framework and other business analysis in support of Business Line strategic objectives.
The Work Itself
Work collaboratively with business partners, key stakeholders and the team to assist in building a bottoms-up financial forecast / plan with key assumptions and financial performance metrics
Analyze actual performance and forecast deposit balances, customers and accounts
Perform periodic analysis to estimate interest expense impacts from a change in deposit pricing on the retail deposits portfolio
Support both monthly liquidity and semiannual capital stress testing routines, including forecasting balances and preparing presentations for senior leadership
Create and update management review materials (actual results, business plan and forecast) to assist leadership in understanding trends, variances and efficiencies for Business Line financials
Develop new and/or enhanced complex financial models and key financial performance metrics to support continuous efficiency monitoring and changing business needs
Interpret financial and operational data and effectively illustrate/communicate links to business performance
Contribute to and lead ad hoc analytical projects as necessary both within and beyond the primary area of focus
Ensure compliance with multiple audit, control and internal risk requirements within areas of responsibility
Work collaboratively with Finance and other partners to ensure enterprise objectives are met
The Skills You Bring
BS/BA degree in Accounting/Finance or related field required
Minimum 3+ years previous work experience in Finance or Accounting or related field
Proven track record of delivering results with minimal ongoing direction
Detail oriented with desire to take initiative and deliver results
Strong analytical and problem-solving skills, especially while working in a dynamic environment
Demonstrated experience with quantitative analysis and turning data into actionable recommendation
Ability to work in a complex matrix organization and to operate in ambiguity
Ability to communicate and present effectively to all organizational layers, both written and verbal
High level of proficiency with MS Office suite, particular Excel; SAP and Hyperion experience preferred
Ally Financial
Detroit, MI
Ally Financial Inc. provides various financial products and services to consumers, businesses, automotive dealers, and corporate customers primarily in the United States and Canada. It operates through Automotive Finance Operations, Insurance Operations, Mortgage Finance Operations, and Corporate Finance Operations segments. The Automotive Finance Operations segment offers automotive financing services, including providing retail installment sales contracts, loans and operating leases, term loans to dealers, financing dealer floorplans, other lines of credit to dealers, warehouse lines to automotive retailers, and fleet financing. It also offers financing services to companies and municipalities for the purchase or lease of vehicles, and vehicle-remarketing services. The Insurance Operations segment provides consumer finance protection and insurance products through the automotive dealer channel, and commercial insurance products directly to dealers.
The Mortgage Finance Operations segment manages held-for-investment consumer mortgage finance loan portfolio that includes bulk purchases of jumbo and low-to-moderate income mortgage loans originated by third parties, as well as direct-to-consumer mortgage offerings.
The Corporate Finance Operations segment offers senior secured leveraged cash flow and asset-based loans to middle market companies. It primarily focuses on businesses owned by private equity sponsors with loans used for leveraged buyouts, mergers and acquisitions, debt refinancing, restructurings, and working capital.
The company, through its subsidiary, Ally Bank, also provides commercial banking products and services. In addition, it offers digital securities brokerage and investment advisory services. The company was formerly known as GMAC Inc. and changed its name to Ally Financial Inc. in May 2010. Ally Financial Inc. was founded in 1919 and is headquartered in Detroit, Michigan.
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IndustryBanking/Financial Services
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No. of Employees8, 200
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Website
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Jobs Posted2961
