Senior Analyst - Qualitative Methodology Validation

General information

Ally and Your Career

The Opportunity

This role is on a hybrid schedule based out of our Charlotte, NC office only. 

The Senior Analyst is responsible for executing various qualitative methodology, analytical, and control-based validation activities, change-based review, qualitative methodology performance evaluations, and subject matter development to apply a risk sensitive approach to model risk management. Also, the Senior Analyst is responsible for coaching/mentoring junior analysts to promote cross learning and assisting the Director, as needed, with other program responsibilities (e.g., inventory onboarding, issue closure testing, forum reporting, internal validation review).

The Work Itself

• Effectively challenge the methodology development process, conceptual soundness, ongoing performance monitoring, implementation, and appropriateness of the assumption use during validation, with on time delivery of high-quality work products.
• Independently scope and execute validation testing and reporting
• Clearly communicate and document findings to internal and external stakeholders in a collaborative manner
• Identify opportunities to enhance validation processes
• Engage in continuous learning opportunities with IRM partners and self-guided research work for alternative and emerging validation techniques.
• Effectively coach, mentor, and motivate teammates to foster teamwork and a cross learning culture
• Develop and maintain effective partnerships with participants / stakeholders within Ally's model risk management community
• Partner with leadership to execute ad hoc requests related to testing, reporting, change management, issue management, and ongoing performance monitoring reviews.

The Skills You Bring

• 3+ years in Model Risk Management, Model Risk consulting, Model audit or a related Owner/Developer role in a Business Line / independent review and challenge function 
• (e.g., SOX Financial Controls, Credit Risk, Market Risk, Insurance Risk, Liquidity Risk, CCAR/DFAST, Scenario Analysis, Corporate Forecasting, CECL/ACL)
• Proficient knowledge and comfortability with qualitative methodology/analytical tool implementation platforms such as Excel, Python, SQL, and/or R.
• Masters in a quantitative-based subject with a focus on relevant areas such as: Finance, Economics, Statistics, Analytics or similar work experience 
• Strong experience with reading, writing and reviewing technical documents. Preferred: analytical and/or model whitepapers 

• Preferred experience in developing, testing, creating challenger tools/models, and effectively testing unique tools, calculations, and assumptions. 
• Preferred experience in developing Ongoing Performance Monitoring (OPM) and/or OPM review & challenge
• Experience with reviewing others’ written work and performing QA analysis 
• Excellent and demonstratable ability to collaborate, communicate (verbal & written), and collaborate with the Business Line partners to meet enterprise expectations and ensure that the Business Line understands requirements set forth in the Standard

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: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
• 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 [email protected]. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.