Field Auditor/Examiner

1001 Ally Financial Inc.; Town of Amherst (NY); On-site; USD 65,000 - 115,000; Full time

Benefits offered by this job

Time off & holidays

401(k) plan with company contributions

Health insurance options

Life & disability insurance

Tuition reimbursement

Employee stock purchase plan

Employee discounts

Job summary

Ally Financial in Getzville, NY is seeking a Commercial Bank Auditor focused on Health Care Real Estate Loans to perform collateral audits and validate financial records. Occasional travel up to 25% will be required as part of field examinations.

The role requires strong analytical and communication skills and will involve coordinating with the Head of Audit to ensure compliance and quality. The ideal candidate will have a bachelor’s degree in business with accounting/finance emphasis and 1+

Qualifications

• Bachelor's degree in business with an emphasis in accounting or finance preferred, or combination of education and experience
• CPA preferred
• Advanced Microsoft Office skills
• Excellent verbal, written, and interpersonal communication skills
• Extensive knowledge and understanding of asset based lending principles
• Strong analytical skills including the ability to analyze financial metrics
• Strong attention to detail

Responsibilities

• Perform collateral exams ensuring productive performance, responsiveness to customer needs, and adherence to controls and procedures.
• Conduct audit report reviews. Manage workload, assignments and scope via pre-loan meetings with the Head of Audit as necessary.
• Monitor timely completion and distribution of exams.
• Regularly visit and interact with field examiners to manage examination procedures and borrower needs.
• Communicate and elevate significant exam findings/recommendations to the appropriate manager.
• Manage tracking mechanisms for communication, escalation, aging, and resolution of field exam exceptions.
• Assist in establishing, modifying, and monitoring audit programs and reporting policies to ensure compliance with credit policy.
• Perform periodic examiner and departmental assessments including monthly quality/efficiency analyses, quarterly timeliness analyses and annual staff reviews.

Skills

Analytical skills

Communication skills

Interpersonal skills

Attention to detail

Education

Bachelor's degree in business with emphasis in accounting or finance

Tools

Microsoft Office

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 role is in our Getzville, NY office. There may be up to 25% travel in this role. The Commercial Bank Auditor with a focus on Health Care Real Estate Loans is responsible for performing collateral audits and identifying collateral risks and providing solutions. This role will conduct and facilitate complex field examinations of borrowers and prospective borrowers’ financial records, with emphasis on validating that financial records represent sound accounting procedures. This function assists in the implementation of collateral control procedures, loan related performance metrics and assessment of clinical compliance. The candidate possesses business acumen, demonstrates creativity and interpersonal savvy, makes timely decisions, attracts, and develops highly qualified direct reports and has excellent presentation and time management skills.

The Work Itself

Performance of collateral exams ensuring productive performance, responsiveness to customer needs, and adherence to prescribed controls, policies, and procedures. Conduct audit report reviews. Manage workload, assignments and scope via pre-loan meetings with the Head of Audit, as necessary. Monitor timely completion and distribution of exams. Regularly visit and interact with field examiners working at borrower location to manage examination procedures and borrower needs. Communicate and elevate significant exam findings / recommendations to the appropriate manager. Manage tracking mechanism for communication, escalation, aging, and resolution of field exam exceptions. Assist in establishing, modifying, and monitoring audit programs and reporting policies/procedures to help ensure compliance with credit policy. Perform periodic examiner and departmental assessments including monthly quality/efficiency analyses, quarterly timeliness analyses and annual staff reviews.

The Qualifications We’re Looking For

Bachelor's degree in business with an emphasis in accounting or finance preferred, or combination of education and experience 1+ years collateral audit experience in bank asset based lending or commercial finance environment or public accounting firm CPA preferred Advanced Microsoft Office skills Excellent verbal, written, and interpersonal communication skills Extensive knowledge and understanding of asset based lending principles Strong analytical skills including the ability to analyze financial metrics Strong attention to detail

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

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.

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.