Think Beyond The Label Jobs

General information

Ref # 17622

Remote? No

Ally and Your Career

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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

Insurance Business Line Risk team is looking for a skilled and detail-oriented individual with a positive attitude to join our team in supporting market and liquidity risk, underwriting, and credit risk. This role is crucial in maintaining the integrity of our operations by addressing and resolving issues promptly and efficiently. This position offers an excellent opportunity to strengthen the current governance and risk management framework by proposing creative ideas and formulating effective strategies. You will have high visibility in the organization among Insurance Leadership, directing risk-related conversations and reporting on key risk matters to management committees.

This role works from an Ally office in either Detroit, MI or Schaumburg, IL.

The Work Itself

• Support Market and Liquidity Risk, including engaging with the trading desk and third-party investment managers, analyzing and reporting on investment performance and risks.
• Support Ally Insurance's governance structure, including updating policies and charters, and reporting to management committees and council
• Underwriting Risk - Facilitate the governance and oversight of the Underwriting Risk Management process by reviewing proposals, managing updates to the "Buy Box", and organizing Underwriting Risk Management Committee meetings.
• Credit Risk - Monitor dealerships true-up balances and manage the review process for indirect credit exposures.
• Report to the Risk Management Committee on credit risk matters.
• Risk Appetite - Manage updates to the Risk Appetite and report on actual performance and risks to the Risk Management Committee.
• Improve how Risk Limits and Key Risk indicators are used to monitor and report risk exposures in the business
• Support the completion of regulatory filings.
• Promote an effective risk culture by embodying strong governance and risk management and understanding business risks.

The Skills You Bring

• Bachelor's degree required
• 3+ years of experience with Insurance and/or Enterprise Risk Management required
• Strong command of MS Office (PowerPoint, Excel, and Word)
• Effective oral and written communication skills
• High level of problem-solving capability and research-oriented skills
• Efficient organizational and time management skills
• Strong project management skills
• Keen attention to detail Experience in building strong relationships/partnerships
• Strong interpersonal skills, adept at building effective connections with others

How We'll Have Your Back

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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. 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: 70000

Experienced: 85000

Expert: 100000

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