Analyst - Commercial Credit

Ally Bank; United States; On-site; USD 65,000 - 90,000; Full time

Job summary

Ally Financial, Lewisville, TX-based, seeks an Analyst - Commercial Credit to perform detailed financial analyses, due diligence for credit extensions, and to support risk-aware lending decisions. You will interact with internal and external stakeholders and contribute to compliance with policies during underwriting.

Role requires strong analytical skills, proficiency with MS Office, and experience in credit underwriting or related auto lending. Hybrid/onsite work options may apply.

Qualifications

• 1+ years of experience (Minimum Qualifications)
• High school Diploma or GED equivalent
• Undergraduate degree preferred or equivalent training
• Two years of commercial credit underwriting or equivalent commercial Auto lending experience is preferred
• Strong financial analysis and analytic/problem solving skills
• Proficient in intermediate MS applications (Word, Excel, Access and PowerPoint)

Responsibilities

• Conduits detailed financial analysis on companies using financial statements and supporting docs.
• Prepares timely, formal proposals summarizing the analysis with credit recommendations.
• Completes reviews of ownership, licensing and other related items to document compliance.
• Interfaces with key personnel of companies, automotive dealership personnel and stakeholders.
• Updates company records, reports and risk modeling systems with underwriting information.
• Executes other related responsibilities and projects as assigned.
• Participates in ongoing professional development and training initiatives.
• Ensures compliance with company policies, procedures, and external regulations.
• Provides training and mentorship to interns, new department hires and matrix partners.
• Participates on special assignments to improve processes and training materials.

Skills

Financial analysis

Analytic/problem solving

Communication

MS Office

Education

Undergraduate degree or equivalent training

Tools

MS Word

MS Excel

MS Access

PowerPoint

Job description

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.

Duties

As part of the Commercial Services Group, the Analyst - Commercial Credit will be responsible for completing the financial analysis and related due diligence for extensions of credit lines to current and prospective business customers. The position requires the ability to perform in-depth analysis (including forecasting, cash flow and liquidity analysis, validation of financial records, credit investigations), use a risk modeling system, and make recommendations regarding the creditworthiness of the credit extension that mitigates risk and complies with corporate and regulatory policies and procedures. In addition, the Analyst must provide a high level of customer service and will regularly communicate with key internal and external personnel.

The role is based in Lewisville, TX

• Conducts detailed financial analysis on companies in various industries utilizing financial statements and supporting documentation, including data obtained from both internal and external sources.


• Prepares timely, formalized proposals summarizing the analysis, identifying any credit concerns and includes recommendations for the credit extension.


• Completes reviews of ownership, licensing and other related items to document company compliance and ensure that guidelines are met.


• Interfaces and communicates with key personnel of companies, automotive dealership personnel and stakeholders to obtain all required information.


• Updates company records, reports and risk modeling systems with information gather during the underwriting review process.


• Executes other related responsibilities and projects as assigned.


• Participates in and supports ongoing professional development and training initiatives.


• Ensures compliance with company policies, procedures, and external regulations.


• Provides training and mentorship to interns, new department hires and matrix partners.


• Participates on special assignments to improve processes and enhance department training material.

The Qualifications We’re Looking For

• Undergraduate degree preferred or equivalent training.


• Two years of commercial credit underwriting or equivalent commercial Auto lending experience is preferred.


• Strong financial analysis and analytic/problem solving skills required.


• Proficient in intermediate MS applications (Word, Excel, Access and PowerPoint).

Minimum Qualifications

• 1+ years of experience


• High school Diploma or GED equivalent

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.

In accordance with the Americans with Disabilities Act, if afterreview 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 accommodationrequest.