Ally

The Senior Analyst will work in Ally's Model Risk Management function under the direction of the Model Validation Director responsible for Qualified Analytical Tool (QAT) Validation.. QATs are End-User Computing tools that support critical functions within Ally such as External Regulatory Reporting, Business Forecasting, Risk Appetite, Stress Testing, Pricing, Valuation, Capital, and Strategy.. Work collaboratively with the Business Line, Risk and other matrix teams to identify opportunities for improving Model Risk Management analysis, reporting and monitoring.. Interact with IT and other matrix partners to improve Model Risk Management and QAT Validation capabilities.. 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.

risk management

General information
Ref # 17133
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 Senior Analyst will work in Ally's Model Risk Management function under the direction of the Model Validation Director responsible for Qualified Analytical Tool (QAT) Validation. QATs are End-User Computing tools that support critical functions within Ally such as External Regulatory Reporting, Business Forecasting, Risk Appetite, Stress Testing, Pricing, Valuation, Capital, and Strategy. The Sr Analyst is responsible for delivering accurate, timely and relevant QAT validation reports, issue identification/remediation efforts, and provide feedback for the business lines to ensure best practices.
The Work Itself
The following is a summary of the essential functions of this job. Other duties may be performed, both major and minor, which are not mentioned below.
<ul>
<li>Perform independent QAT reviews of varying scope to assess the tool's overall suitability for its intended purpose, construct, assumptions, data and calculations, conceptual soundness, functional reliability, and control environment effectiveness.</li>
<li>Thorough documentation of all review work via formal reports and maintenance of artifacts/workpapers</li>
<li>Create high quality QAT Validation reports that are consistently clear, factually accurate and concise.</li>
<li>Identify and document issues within QATs and evaluate remediation activity associated with findings.</li>
<li>Answer ad hoc QAT analysis requests from Model Governance and other internal partners.</li>
<li>Work collaboratively with the Business Line, Risk and other matrix teams to identify opportunities for improving Model Risk Management analysis, reporting and monitoring.</li>
<li>Directly support and assist in the duties of the Model Validation Director in publishing reports and analyses to all constituencies.</li>
<li>Interact with IT and other matrix partners to improve Model Risk Management and QAT Validation capabilities.</li>
<li>Support Model Governance initiatives such as delivering annual QAT validation plans, inventory, and scheduling updates.</li>
<li>Consistently push for reporting efficiency gains through use of technology driven automation and well-designed and documented processes.</li>
<li>Contribute to value-added risk identification and quantification analysis and reporting.</li>
<li>Continuously broaden and deepen expertise in analytical methods, coding, and tools via self-directed research and training.</li>
</ul>
The Skills You Bring
<ul>
<li>3 years required. 4-7 years experience in banking or financial services with experience in Forecasting, Stress Testing, Balance Sheet Management, Liquidity or Risk management (e.g. Operational, Model, Credit, Market, Liquidity) preferred.</li>
<li>Bachelor's degree in Finance, Economics, Statistics, or a similar hard-science field.</li>
<li>Proficiency in reading and interpreting multiple programming languages with emphasis on SQL, Python or R.</li>
<li>Advanced knowledge of Microsoft Office Excel (including VBA), Word and PowerBI (including DAX & Power Query Editor)</li>
<li>Advanced data management skills, documentation skills and orientation to accuracy and details.</li>
<li>Experience with control-based testing and/or evaluation</li>
<li>Excellent analytical skills and critical thinking ability to develop and execute strategic and tactical plans.</li>
<li>Excellent communication (technical writing and verbal), organizational, and interpersonal skills.</li>
<li>Ability to think thoroughly within end-to-end processes to see downstream and upstream impacts.</li>
<li>Experience with Nucleus, Snowflake, and/or AWS is preferred.</li>
</ul>
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.
<h3>Who We Are</h3>
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.
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 work@ally.com. 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:
Emerging: 85000
Experienced: 117500
Expert: 150000
Incentive Compensation: This position is eligible to participate in our annual incentive plan 
<script id="detrack" src="https://d2e48ltfsb5exy.cloudfront.net/p/t.js?i=0,1" data-g="7c5541cbe3f24799a685d16a4896f21a1624"></script>

START NEW SEARCH