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Ally Manager - Credit Risk in Charlotte, North Carolina

Ally and Your Career Ally Financial only succeeds when its people do - and that’s more than some cliche 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 The Manager – Credit Measurement is responsible for the execution of Independent Risk Management’s monitoring, and review and challenge of credit measurement activities within the Auto Business Line; including, loss forecasting, stress testing, allowance for credit losses, credit scorecards and related credit models. The Work Itself * Document credit measurement related processes for the Auto business line including when and how models are used and monitored. Identify assumptions, estimates, model inputs / outputs, sensitivity, and areas where judgment is applied. Become IRM’s subject matter expert on credit measurement processes, able to describe various processes to analysts and leadership. In-scope processes include: * Underwriting: Scorecards, Credit tier and grade assignments * Loss Forecasting: Net Average Annual Loss Rate (NAALR) estimates, including accuracy of the forecast (proforma) * Loss Forecasting: Business as usual and stress testing * Allowance for Credit Losses: Current Expected Credit Loss (CECL) allowance recommendations * Develop summary level process documentation of in-scope processes * Collaborate with IRM Credit, MRM, and the business line to evaluate recommended changes to in-scope processes * Perform periodic review and challenge of the Auto business line loss forecast, ALLL, and stress test processes * Develop strong relationships with Auto business line credit risk team members The Skills You Bring * Master’s degree in economics, business administration or data science * Minimum 3 years financial services experience, credit granting experience a plus * Minimum 5 years evaluating complex processes and providing feedback * Excellent written and verbal skills with experience developing written documentation that provide transparency into complex processes * Experience working across teams with competing objectives with ability to find common ground and effectively explaining position where disagreements arise while maintaining a positive working environment * Model development experience a plus * Experience in a regulated environment a plus * Well-developed analytical and problem-solving skills and experience * High level of personal integrity, with the ability to handle matters professionally, and with the appropriate level of judgement and maturity * Advanced consultative skills with the ability to build collaborative relationships with all levels of an organization 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 child care 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. 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. #LI-SJ1 2E Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled

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