Job Description

Job description

General information

Career area

Risk

Work Location(s)

1450 American Lane, IL, 500 Woodward Avenue, MI

Remote?

No

Ref #

18159

Posted Date

Wednesday, August 14, 2024

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

Ally Insurance also services the insurance needs of our dealers' businesses by offering dealer inventory insurance, and liability and property protection. This position offers an excellent and challenging opportunity to apply Financial Risk Management principles to an insurance business that is a subsidiary of a large financial institution. It is the purpose of the Ally Insurance Risk Management organization, to establish and maintain effective controls and tools for the management of risk that may impact, among other things, earnings, capital adequacy, liquidity and reputation. To identify, measure, and manage these and other risks, risk management strives to implement effective internal controls, provide timely and reliable management information, and develop processes and metrics to monitor exposures.

The Work Itself

• Execute daily transaction & review testing
• Maintain strong understanding of Ally insurance products, functions, and workflows
• Assist manager with developing annual scope and plan along with monthly productivity targets
• Provide summary and detailed report of findings along with recommendations for individual and/or group action plans
• Maintain an understanding of Ally's monitoring and testing approach, methodology and tools/technology
• Develop and maintain proactive working relationships with local management and staff
• Update monitoring attributes as appropriate
• Participate in periodic calibration sessions with BL Risk and management
• Assist BL Risk manager in preparing and presenting plan and results to leadership monthly

The Skills You Bring

• Bachelors (or higher) degree in business required or 3 years of relevant experience can be used in lieu of degree (including military service)
• 1+ year of relevant experience required
• Familiarity with Ally Insurance products or experience with F&I or P&C business preferred
• Strong project management skills
• Detail-oriented, deadline driven, self-directed and organized individual
• Strong written and verbal communications skills
• Able to understand risk and control concepts
• Ability to quickly learn new processes, systems and controls
• Experience in data analytics and analysis and demonstration of critical thinking skills
• Working knowledge of Microsoft Office applications (Word, Excel, and PowerPoint
• Ability to travel (~5%)

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:

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

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 : $47840 - $65000 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.

Job Tags

Holiday work, Full time, Temporary work, Work experience placement, Local area, Remote job, Relocation package, Relocation bonus, Flexible hours,

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