Analyst II - AML Program

1611 Ally Bank; Charlotte (NC); Hybrid; USD 55,000 - 95,000; Full time

Benefits offered by this job

Total Rewards program

Annual incentive plan

Job summary

Ally Financial is seeking an AML Program Analyst II to support FCC strategic initiatives and governance across Auto, Insurance and Enterprise Functions. You will track initiatives, assist risk assessments, and help manage AML/OFAC issues in collaboration with FCC, Business Lines, Compliance and Risk teams.

The role emphasizes ability to shift priorities, strong communication, and the use of Excel/Archer (GRC) tools to document and report progress.

Qualifications

• 1-3 years AML/OFAC experience preferred.
• Bachelor's degree in business or related major or equivalent experience.
• Working knowledge of AML and sanctions laws incl. BSA, USA PATRIOT Act and OFAC compliance.

Responsibilities

• Support risk assessment activities across FCC, incl. Risk-Control Self-Assessments, AML/OFAC risk assessments, and FCPA risk assessments.
• Support development, documentation, tracking and reporting of FCC strategic priorities.
• Facilitate issues management processes for FCC with AML/OFAC impact.
• Support cross-functional FCC projects in a fast-paced environment.

Skills

Attention to detail and strong written

Oral communication

Microsoft Excel

Microsoft Word

PowerPoint

Project management

Risk management

Team collaboration

Education

Bachelor's degree in business or related field

Tools

Archer (GRC)

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.

The Opportunity

The AML Program Analyst II will support the execution of Financial Crimes Compliance (FCC) strategic initiatives, governance routines, and related oversight activities for Auto, Insurance, and Enterprise Functions. The analyst will primarily be responsible for tracking FCC strategic initiatives, facilitating risk assessment activities, and supporting AML & OFAC issues management. However, this individual may be involved in additional routines to support the Enterprise AML Program as needed. The analyst will be expected to collaborate with applicable FCC, Business Line, Compliance, and Risk partners across the enterprise.

The Work Itself

• Support risk assessment activities across FCC, which includes processes and methodology for the Risk-Control Self-Assessments, AML and OFAC Risk Assessments, and Foreign Corrupt Practices Act (FCPA) Risk Assessments
• Support development, documentation, tracking, and reporting of FCC strategic priorities through coordination with FCC Management
• Facilitate issues management processes for issues owned by FCC; support ongoing tracking and reporting of business line and enterprise function issues that have AML/OFAC impact
• Support FCC cross-functional projects that often require shifting priorities in a fast-paced environment to deliver on commitments to meet stakeholder needs
• May support other governance and oversight routines such as documenting effective challenge routines, procedure reviews, regulatory change management, etc.
• May support activities related to oversight of business lines (governance reporting materials, compliance requirements, stakeholder communications, etc.).
• Escalate risks and issues, and assist with risk mitigation as appropriate
• Partner with other functions to collaborate and align strategic initiatives or deliverables

Qualifications

• 1-3 years related AML/OFAC experience; financial services experience strongly preferred
• Prior experience in project management or risk management preferred
• Certified Anti-Money Laundering Specialist (CAMS) preferred (already obtained or a commitment to obtain)
• Bachelors’ degree in business or related major or equivalent experience
• Working knowledge of applicable AML and Sanctions laws and regulations, including the BSA, USA PATRIOT Act, and OFAC compliance
• Ability to respond quickly to a changing environment
• Attention to detail and superior written and oral communication skills with an ability to communicate and influence effectively
• Ability to identify and make recommendations to maximize efficiency and effectiveness
• Proven ability to simultaneously accomplish multiple assignments and prioritize work as needed to meet business needs
• Highly organized and detail oriented
• Proficiency in Microsoft Excel, Word and PowerPoint.
• Experience using Archer (GRC) preferred
• General openness and willingness to learn - ambitious but willing to perform tasks at all levels, including some routine or administrative tasks.
• High aptitude for new skills, flexibility around work assignments, and strong desire to work as part of a team

Minimum Qualifications

• 1+ 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

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 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 $55,000.00 - $95,000.00. An individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.

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

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. Good enough is never enough for us — we’re always looking for ways to be better, together.