Testing and Monitoring Analyst II (Invest)

Ally; Harrisburg (Dauphin County); Hybrid; USD 55,000 - 80,000; Full time

Job summary

A leading digital financial services company is seeking a Testing and Monitoring Analyst II to handle operational reviews and process improvements. The role requires experience in banking risk management and a strong knowledge of FINRA regulations. This in-office position offers a hybrid work schedule and a competitive salary range between $55,000 and $80,000, depending on experience.

Benefits

Competitive holiday and paid-time-off

401K retirement savings plan

Flexible health and insurance options

Tuition reimbursement

Adoption and fertility support

Qualifications

• 1+ years of experience in Brokerage Operations or Banking Risk Management required.
• Strong understanding of Invest FINRA rules and regulations preferred.
• High level of problem-solving capability and research-oriented skills.

Responsibilities

• Conduct ongoing testing and monitoring of Invest processes.
• Manage and track action items from testing.
• Assist management with duties as necessary.

Skills

Brokerage Operations or Banking Risk Management experience

FINRA Series 7 & 63

Knowledge of FINRA rules and regulations

Problem-solving skills

Organized work ethic

Strong communication skills

MS Excel and PowerPoint

Job description

General information

Ref # 20896

Remote? No

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?

The Opportunity

The Testing and Monitoring Analyst II for Invest operates independently and is responsible for conducting in depth reviews of key processes and controls from within the Invest line of business . Responsibilities include identifying operational weaknesses, risk within a specific area, training needs and control deficiencies. The Analyst II is responsible for documenting and reporting results of the reviews in a timely manner as well as providing feedback and identifying process improvements. The scope of this position will require collaboration and consultation with Managers and other Invest Business Line Leaders regarding current control issues and activities. Additional responsibilities may include the management of Issue Validations and other projects. The ideal candidate executes efficient and effective tests relative to risk, ensuring accordance with Testing and Monitoring methodology and other applicable standards.

This is an required in-office role with hybrid schedule of 3 days in the office, 2 days are work from home.

Ally work locations are Charlotte, NC (preferred), Lewisville, TX, or Fort Washington, PA

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

The Work Itself

• Conduct ongoing testing and monitoring of Invest processes to drive oversite of operational weaknesses, risks, and control deficiencies with little management oversite.
• Initiate and facilitate walk through meetings with Invest teams to capture necessary process information for control testing.
• Manage and maintain the tracking of action items from testing and ensure items are remediated timely and procedure updates are made where necessary.
• Participates in meetings to report progress of testing, Action Items and Issue Validations.
• Maintains accurate and complete working papers that clearly document all findings and possible risk.
• Complete one-off/Ad hoc reviews for Invest as needed.
• Maintain and reinforce the core principles of the Enterprise Testing and Monitoring Policy and all related Policies.
• Support Issue Management process by validating Issues for completeness.
• Assist management with duties as necessary.

The Skills You Bring

• 1+ years of experience in Brokerage Operations or Banking Risk Management (e.g., testing and monitoring, financial controls/SOX, or audit) required
• FINRA Series 7 & 63 preferred
• Strong understanding of Invest FINRA rules and regulations and Invest operations processes highly preferred
• High level of problem-solving capability and research-oriented skills.
• Well-organized and thorough work ethic
• Understanding of Financial Services industry, with an emphasis on Risk Management; as well as related laws, rules, and regulations.
• Strong Communication skills both written and verbal.
• Strong skills in MS Excel and PowerPoint

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. But Ally’s total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including: Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting. 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 and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs. Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions 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 support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts. Work-Life Integration: other benefits including LifeMatters Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs.

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.

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.

Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.

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:

An individual's position in the range is determined by 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.

Emerging: 55000

Experienced: 67500

Expert: 80000

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