Consumer Loan Review - Analyst II

Ally; Detroit (MI); Hybrid; USD 55,000 - 95,000; Full time

Job summary

Ally Financial in Detroit is seeking an Analyst II for the Consumer Loan Review team on a hybrid schedule. You will evaluate the quality of consumer lending decisions, challenge risk practices, and contribute to independent assessments for senior management.

The role develops analytics skills using SQL, Power BI, Python, and Excel, collaborates with cross-functional teams, and supports risk governance through thorough testing and issue validation.

Qualifications

• 1+ years of experience in credit underwriting, risk management, or auditing credit processes.
• Understanding of risk management concepts and KPIs in consumer lending.
• Ability to travel up to two trips per year.
• Willingness to learn data analytics tools such as SQL, Power BI, Python, and Excel.

Responsibilities

• Learn Ally's Consumer Loan Review approach, methodology and tools/technology.
• Assist in the development of review scopes and testing attributes for consumer loan review projects.
• Execute and document assigned test procedures related to credit strategy, underwriting, portfolio performance.
• Complete assigned testing procedures while meeting timelines for each review.
• Document workpapers in accordance with Loan Review policy and standards.
• Identify and draft issues resulting from testing including root cause and risk impacts.
• Assist with the validation of issues identified during reviews to ensure remediation.
• Maintain regular communication with Loan Review management and participate in meetings with business partners.
• Develop and maintain proactive working relationships across Ally.
• Participate in Loan Review's continuous monitoring program.
• Develop practical analytics capabilities using SQL, Power BI, and Python to identify credit risk trends.

Skills

Communication skills

Project management

Data analytics

Team collaboration

Education

Bachelor's degree

Tools

SQL

Power BI

Python

Excel

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

This role is on a hybrid schedule in our Detroit office only, in office a few days weekly with some remote work.

The Consumer Loan Review team is part of Ally's Internal Audit function and completes reviews of Ally's various consumer credit portfolios and supporting functions with a focus on credit policies and standards, underwriting activity, and portfolio management and reporting.

The Consumer Loan Review - Analyst II role provides an opportunity to help evaluate the quality of Ally's consumer lending decisions, challenge credit risk practices, and contribute to independent assessments that inform senior management and risk governance. This role is designed for a developing credit risk professional who wants to build deeper expertise in consumer lending, independent review, analytics, and risk governance.

The Work Itself

• Learn Ally's Consumer Loan Review approach, methodology and tools/technology.
• Assist in the development of review scopes and testing attributes for consumer loan review projects.
• Execute and document assigned test procedures related to credit strategy, underwriting, portfolio performance, etc.,
• Complete assigned testing procedures while meeting timelines for each review.
• Document workpapers in accordance with Loan Review policy and standards.
• Identify and draft issues resulting from testing including identifying root cause and risk impacts.
• Assist with the validation of issues identified during reviews to ensure management has properly remediated the associated risks.
• Maintain regular communication with Loan Review management and participate in meetings with business partners while maintaining independence.
• Develop and maintain proactive working relationships with the appropriate Business Line, Independent Risk Management, and Audit Services personnel across Ally.
• Participate in Loan Review's continuous monitoring program.
• Develop practical analytics capabilities using tools such as Microsoft Copilot, SQL, Power BI, and Python to identify credit risk trends, and support risk-based insights.

Preferred Qualifications

• Bachelor's degree or commensurate work experience
• 2 years of experience within a credit related role such as credit underwriting, risk management, or auditing credit / credit related processes. (Consumer automotive credit experience preferred)
• Understanding of risk management concepts and key performance drivers within consumer lending portfolios.
• Familiarity with risk and control concepts.
• Ability to work collaboratively and effectively at all levels of the organization.
• Strong project management skills: detail-oriented, deadline driven, self-motivated, and organized.
• Strong written and verbal communications skills.
• Critical thinking and conflict resolution skills.
• Willingness to learn data analytics skills and usage of associated tools such as SQL, Power BI, and Python, Excel
• Ability to occasionally travel is required (up two trips per year).

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 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.