Operational Risk Testing and Monitoring Analyst

4 weeks ago


Springfield, United States Ally Full time

**General information**

**Ref #** 18159

**Remote?** No

**Ally and Your Career**

*

Ally Financial only succeeds when its people do - and thats more than some clich 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. Youre constantly evolving, so shouldnt your opportunities be, too?

**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. But Allys 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. 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:** 47840

**Experienced:** 56420

**Expert:** 65000

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



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