Senior Credit Risk Analyst

Ally; Lewisville (TX); Hybrid; USD 70,000 - 120,000; Full time

Job summary

Join a forward-thinking company as a Senior Credit Risk Analyst, where your expertise will help shape the future of risk management in the auto lending sector. This role offers the chance to work closely with a dedicated team, evaluating credit risk policies and ensuring compliance with industry standards. With a focus on professional growth, you'll have the opportunity to develop innovative testing strategies and contribute to a culture of informed risk-taking. Enjoy a competitive salary and a comprehensive benefits package designed to support your well-being and work-life balance.

Benefits

20 Paid Time Off Days

401K with Matching

Tuition Reimbursement

Flexible Health Insurance Options

Paid Parental Leave

Employee Assistance Program

Fertility Assistance

Childcare Discounts

Qualifications

• 3+ years in financial services, preferably in auto lending or audit.
• Experience in writing reports and issues.
• Ability to develop testing strategies.

Responsibilities

• Support risk-based annual testing and monitoring plans.
• Evaluate adherence to credit risk policies.
• Document and report areas of concern to the business.

Skills

Financial Services Experience

Auto Lending Knowledge

Internal Audit Experience

Policy Testing Strategies

Risk and Control Concepts

Effective Collaboration

Organizational Skills

Proactive Work Ethic

Job description

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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 live 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 Senior Credit Risk Analyst is responsible for aiding the Independent Risk Management (IRM) Testing and Monitoring Team in evaluating Ally's Consumer Auto portfolio. IRM's responsibilities include providing an objective, critical assessment of risks and evaluation of whether Ally remains aligned with its risk appetite. Responsibilities for this position primarily include reviewing and evaluating adherence to credit risk policies. The Senior Credit Risk Analyst will be responsible for summarizing and communicating test results to the Director – Credit Risk.

IRM maintains and implements Ally's risk management framework and independently oversees risk-taking activities, sets parameters representative of a strong risk culture that encourages an informed, measured, disciplined, and balanced approach to risk-taking and fair and honest treatment of customers, counterparties, and employees.

This position is within the IRM Credit Risk Consumer Auto Monitoring and Testing Team.

In office role with hybrid schedule - Ally work location is Lewisville TX.

At this time, Ally will not sponsor a new applicant for employment authorization for this position.

The Work Itself

• Support and complete a risk-based annual testing and monitoring plan; report on results
• Work with the broader Monitoring and Testing team to identify, assess, measure, mitigate, control, monitor, test, report, and escalate risks, including aggregated risks across the enterprise
• Credibly challenge and advise the Business Line with respect to the management of risks
• Independently test the efficiency of controls
• Document (i.e., formal report) and articulate areas of concern to the Business
• Participate in the review and challenge of BL credit policies, standards, and procedures

Skills

The Skills You Bring

• 3+ years in the financial services industry required, preferably in auto lending or an Internal Audit role
• Prior experience writing Issues and reports.
• Underwriting and or Audit experience preferred
• Ability to develop and implement policy testing and monitoring strategies of consumer auto portfolio.
• Strong familiarity with risk and control concepts.
• Effective collaboration at all levels of the organization.
• Good organizational skills with the ability to work independently and initiate proactively.
• Ability to support multiple assignments and collaborators, self-prioritize workload, and coordinate with teammates to ensure that deadlines are met.

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: 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date)
• Planning for the Future: 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.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at [e-mail]. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range

$70,000 - $120,000 USD

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.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance and Sales

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