Analytical Tool Validation Analyst II

1611 Ally Bank; Charlotte (NC); Hybrid; USD 65,000 - 115,000; Full time

Benefits offered by this job

Annual incentive plan

Health and life insurance

401K with company matching

Paid time off

Job summary

Ally Financial is seeking an Analyst II to join the Model Risk Management team in Charlotte, NC. The role focuses on validating tools that support regulatory reporting, stress testing, forecasting, pricing, and valuation, delivering timely reports and actionable insights.

Responsibilities include reviewing data, building auditable processes, and collaborating with risk and business units to improve analytics and reporting efficiency.

Qualifications

• 2+ years' experience in banking or financial services preferred.
• Bachelor's degree required; Master's degree preferred.
• Experience in a risk or line of business function preferred.
• Advanced knowledge of Microsoft Office Excel, Word and SQL required.
• Knowledge of Python or R preferred.
• Excellent analytical and reasoning skills with the ability to develop and execute tests based in mathematical concepts.
• Excellent written and verbal communication skills required.
• Excellent technical writing skills required.
• Ability to think thoroughly within end to end processes to see downstream and upstream impacts.
• Excellent interpersonal skills to work effectively with diverse teams located in various areas.
• Minimum Qualifications: 1+ years of experience.
• High school Diploma or GED equivalent.

Responsibilities

• Review spreadsheets, code, dashboards, and data for computational efficacy, conceptual soundness, and control environment effectiveness.
• Produce high-quality validation reports that are clear, concise, factually accurate, and interpretable, providing actionable insights.
• Build repeatable and auditable processes that support the generation of reports and analysis.
• Answer ad hoc validation analysis requests from Model Governance and other internal 2nd LOD partners.

Skills

Excel

SQL

Python

R

Analytical thinking

Communication skills

Technical writing

End-to-end thinking

Interpersonal skills

Mathematical reasoning

Education

Bachelor's degree

Master's degree preferred

Tools

Excel

SQL

Python

R

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.

Opportunity

The Analyst II will work in Ally's Model Risk Management function, under the direction of the Model Validation Director responsible for Analytical Tool and Qualitative Methodology Validation. The analyst is responsible for delivering accurate, timely and relevant validation reports and analysis for tools that support regulatory reporting, stress testing, forecasting, pricing and valuation efforts in the Ally Business Lines.

Work Itself

Review spreadsheets, code, dashboards, and data for computational efficacy, conceptual soundness, and control environment effectiveness. Produce high-quality validation reports that are clear, concise, factually accurate, and interpretable, providing actionable insights that support informed business decisions and broader organizational objectives. Build repeatable and auditable processes that support the generation of reports and analysis. Answer ad hoc validation analysis requests from Model Governance and other internal 2nd LOD partners. Work collaboratively with Line of Business, Risk and other matrix teams to identify opportunities for improving Model Risk Management analysis, processes, reporting and monitoring. Support the Model Validation Director in strategic initiatives and ad hoc efforts. Consistently push for reporting efficiency gains through use of technology driven automation and well-designed and documented processes.

Qualifications

• 2+ years' experience in banking or financial services preferred.
• Bachelor's degree required; Master's degree preferred.
• Experience in a risk or line of business function preferred.
• Advanced knowledge of Microsoft Office Excel, Word and SQL required.
• Knowledge of Python or R preferred.
• Excellent analytical and reasoning skills with the ability to develop and execute tests based in mathematical concepts.
• Excellent written and verbal communication skills required.
• Excellent technical writing skills required.
• Ability to think thoroughly within end to end processes to see downstream and upstream impacts.
• Excellent interpersonal skills to work effectively with diverse teams located in various areas.
• Minimum Qualifications: 1+ years of experience.
• High school Diploma or GED equivalent.

How We'll Have Your Back

• Base Pay Range $65,000.00 - $115,000.00. 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.
• 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

Equal Opportunity and Diversity

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.

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.