**General information** **Ref #** 19038 **Remote?** No **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? **The Opportunity** Ally Financial Inc.’s Independent Risk Management function is responsible for objective and critical assessment of risks and—through oversite, effective challenge, and other means—evaluation of whether Ally remains aligned with its risk appetite and risk limits. Join a team dedicated to outstanding risk management in finance and insurance. Your insights and expertise will contribute to flawless risk evaluation and governance. The individual will interact predominantly with the Ally Insurance Business Line and various enterprise functions. At this time, Ally will not sponsor a new applicant for employment authorization for this position. #LI-hybrid **The Work Itself** Risk Assessment and Analysis * Collaborate with Business Line to gain insights into their offerings, processes, and procedures. * Foster a strong working relationship while ensuring independence for effective IRM review and challenge. * Assist with identification of risks and develop strategy for sufficient mitigants and controls * Analyze data trends to detect irregularities in underwriting, claims, premium calculations, etc. Process and Control Improvements * Maintain an understanding of Ally’s monitoring and testing approach, methodology, and tools/technology * Test the design and efficiency of internal controls and suggest improvements. * Find opportunities to streamline monitoring processes though automation/PBI * Support initiatives to strengthen risk management frameworks Issue Reporting & Resolution * Collaborate with others to resolve issues and implement corrective actions * Validate issues to ensure the action plan optimally addresses the problem and provides a stable, long-term solution for remediation * Track reported tasks until resolution Reporting and Documentation * Document findings from tests and supervise activities in a clear and concise manner * Generate detailed reports for internal customers * Provide recommendations for process improvements and/or procedural enhancements based on tests and findings Governance * Monitor and drive Business Line adherence to enterprise policies and provide independent review and challenge of Business Line policies, standards, and procedures * Support creation and implementation of Enterprise Insurance Risk Policy, and related standards, procedures, or committee charters **The Skills You Bring** * Bachelors (or higher) degree in Accounting, Finance, Business Administration, Economics, or other related field of study * 1+ years of relevant experience within the financial services and/or insurance industries preferred. * Experience performing testing and/or monitoring activities * Industry certification preferred (CPCU, ARM, etc.) * Governance Risk Compliance (GRC) - Tool experience preferred * Ability to interact with a variety of internal and external individuals in a professional manner that creates confidence in his/her knowledge and abilities and helps foster mutually satisfactory resolution to risk gaps and issues * Ability to make recommendations to maximize efficiency and effectiveness * Knowledge of and experience with developing and implementing risk management related processes * Familiarity with risk and control concepts * Excellent analytical and organizational ability * Ability to multi-task and adapt to a changing and developing environment * Proficiency in MS Office applications, including Outlook, Word, Excel and PowerPoint **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 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:_** An individual's position in the range is determined by 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. **Emerging:** 55000 **Experienced:** 75000 **Expert:** 95000 Incentive Compensation: This position is eligible to participate in our annual incentive plan