Analyst II - Consumer Loan Review

The Opportunity

The analyst II is responsible for the execution of assigned reviews relating to Ally's Loan Review function as well as for demonstrating skills in assessing consumer lending risks and credit decisioning, assisting with the development of testing approaches, making initial determinations of reportable issues, and providing analysis and monitoring of loan portfolios.

The analyst II completes work in accordance with loan review methodology, applicable standards, and schedules.

The Work Itself

• Learn Ally's Consumer Loan Review approach, methodology and tools / technology.
• Assist in the development of planned test procedures for consumer loan review projects.
• Execute and document assigned test procedures.
• Complete testing in its entirety while meeting timelines for each review.
• Document work papers in accordance with Loan Review policy and standards.
• Identify issues resulting from testing including identifying root cause and risk impacts.
• Evaluate the completeness of management's corrective action plans and ensure issues identified during reviews are remediated through management implementation.
• Maintain regular communication with Loan Review management, participate in meetings and interact with Business Line(s).
• Develop and maintain proactive working relationships with the appropriate Business Line, Independent Risk Management, and Audit Services personnel across Ally.
• Perform ad hoc projects as assigned by Loan Review management.
• Participate in the preparation and analysis of Loan Review's continuous monitoring program. Analyze trends within the lending portfolios and credit related processes and provide assessment of the asset quality.

The Skills You Bring

• Bachelor’s degree or commensurate work experience
• Minimum of 2 years of experience within a credit related role such as credit underwriting, risk management, or auditing credit / credit related processes.
• Understanding of risk management concepts and key performance drivers within consumer lending portfolios.
• Familiarity with risk and control concepts.
• Data skills (such as SQL, SAS, Python, Power BI, Tableau) not required, but considered a plus.
• Ability to work collaboratively and effectively at all levels of the organization.
• Strong project management skills : detail-oriented, deadline driven, self-motivated, and organized.
• Strong written and verbal communications skills.
• Critical thinking, negotiation, and conflict resolution skills.
• Ability to travel is required (up to 10%).

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 : 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date)
• 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.
30+ days ago