Admin-Loan Closing

1611 Ally Bank; Memphis (TN); On-site; USD 52,000 - 63,000; Full time

Benefits offered by this job

Time off & holidays

401(k) retirement plan

Health/dental/vision insurance

Bonus & incentives

Relocation assistance

Job summary

Ally Financial in Memphis, TN is seeking an Admin – Loan Closing to support the Director and Analysts, serving as the subject matter expert for credit associates in Dealer Credit with regard to wholesale, audit - retail loans, and portfolio management. The role involves obtaining insurance, managing files, preparing documents, and ensuring timely post-closing activities.

The position requires an HS diploma or GED, 2+ years in financial services, and strong communication and Microsoft Office

Qualifications

• High school diploma or GED required.
• 2+ years' experience in financial services or similar industry.
• Associate's degree or Bachelor's degree in business or related may be used as a proxy for the experience.
• Performs clerical, administrative and technically based activities and/or supporting tasks.
• Typically requires intermediate knowledge of Microsoft Office programs.
• Intermediate written and oral communication skills.
• Understanding of Automotive dealership wholesale / retail / loan administration a plus.

Responsibilities

• Obtain and verify compliant insurance
• Request Certificates of Good Standing
• Establish and maintain electronic files
• Prepare documents utilizing existing templates
• Prepare executed documents for imaging/storage
• Update systems as required
• Prepare wire transfers
• Complete post-closing process within established time frames
• Work with Quality Control department to ensure compliance with policy

Skills

Attention to detail

Verbal & written communication

Financial services experience

Organizational skills

Clerical tasks

Education

HS diploma or GED

Associate's or Bachelor's in business or related

Tools

Microsoft Office

Job description

Company Overview

Ally and Your Career Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We love 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?

Work Schedule

Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The Opportunity

As a part of the Loan Closing team, the Admin – Loan Closing is responsible for providing support to the Director, Analysts, and acting as the subject matter expert for other credit associates in Dealer Credit with regard to wholesale, audit - retail, loans, and portfolio management.

The Work Itself

• Obtain and verify compliant insurance
• Request Certificates of Good Standing
• Establish and maintain electronic files
• Prepare documents utilizing existing templates
• Prepare executed documents for imaging/storage
• Update systems as required
• Prepare wire transfers
• Complete post-closing process within established time frames
• Work with Quality Control department to ensure compliance with policy

Qualifications

We’re looking for:

• HS diploma or equivalent required.
• 2 + years' experience in financial services or similar industry.
• Associate's degree or Bachelor's degree in business or related may be used as a proxy for the experience.
• Performs clerical, administrative and technically based activities and/or supporting tasks.
• Typically requires intermediate knowledge of Microsoft Office programs.
• Intermediate written and oral communication skills.
• Understanding of Automotive dealership wholesale / retail / loan administration a plus.

Minimum Qualifications: 0+ years of experience, High school Diploma or GED equivalent.

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. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

• Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
• 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 pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.
• Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, 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 assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.
• Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs.
• Other Compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.

To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

Company Culture

We all work better as allies. Join a team that thrives on doing it right — whether we’re helping people live their best financial lives or helping each other grow in our careers. We're a leading financial services company serving over 11M customers through banking, auto financing, insurance and investment services. Our team's approach of celebrating differences and lifting each other up is consistently recognized on Fortune's 100 Best Companies to Work For list. Here, you’ll find people who care about doing work that matters and making an impact in the communities we serve.

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.

Equal Opportunity Employer

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. In accordance with the Americans with Disabilities Act, if after review of the position expectations, you believe that you may need a medical accommodation to fulfill the duties of this role, please email [e-mail] with details of your accommodation request.

Base Pay Range

$52,000.00 - $62,732.80

Incentive Compensation

This position is eligible to participate in our annual incentive plan.

Joining the Team

We all work better as allies. Join a team that thrives on doing it right — whether we’re helping people live their best financial lives or helping each other grow in our careers.

Legal Notice

CCPA Notice