General information Career area Audit Work Location(s) 500 Woodward Avenue, MI City Detroit, MI Remote? No Ref # 19333 Posted Date 02-24-25 Working time Full time 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 analyst II is responsible for the execution of assigned reviews relating to Ally's Loan Review function as well as for demonstrating skills in assessing consumer lending risks and credit decisioning, assisting with the development of testing approaches, making initial determinations of reportable issues, and providing analysis and monitoring of loan portfolios. The analyst II completes work in accordance with loan review methodology, applicable standards, and schedules.

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

The Work Itself Learn Ally's Consumer Loan Review approach, methodology, and tools/technology.Assist in the development of planned test procedures for consumer loan review projects.Complete and document assigned test procedures.Complete testing in its entirety while meeting timelines for each review.Document work papers rigorously in accordance with Loan Review policy and standards.Identify issues resulting from testing, including resolving root cause and risk impacts.Evaluate the completeness of management's corrective action plans and ensure issues identified during reviews are efficiently implemented.Maintain regular communication with Loan Review management, participate in meetings, and interact with Business Line(s).Build and maintain proactive working relationships with the appropriate Business Line, Independent Risk Management, and Audit Services personnel across Ally.Perform ad hoc projects as assigned by Loan Review management.Participate in the preparation and analysis of Loan Review's continuous monitoring program. Analyze trends within the lending portfolios and credit-related processes and provide an assessment of the asset quality. The Skills You Bring Bachelor’s degree or equivalent work experienceMinimum of 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.Data skills (such as SQL, SAS, Python, Power BI, Tableau) not required, but considered a plus.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, negotiation, and conflict resolution skills.Ability to travel is required (up to 10%).Position location:  Detroit, MI.  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: 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 

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 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: $55000 - $95000 USDAn 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.