1 Analyst II - Consumer Loan Review Job in Detroit, MI
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Analyst II - Consumer Loan Review
$73k-98k (estimate)
Full Time | Lending & Credit
5 Days Ago
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Ally is Hiring an Analyst II - Consumer Loan Review Near Detroit, MI
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?
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.
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
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.
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.
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.
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.
- 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%).
- 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.
- 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
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.
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.
Job Summary
JOB TYPE
Full Time
INDUSTRY
Lending & Credit
SALARY
$73k-98k (estimate)
POST DATE
06/22/2024
EXPIRATION DATE
06/24/2024
WEBSITE
ally.com
HEADQUARTERS
NORTH CHESTERFIELD, VA
SIZE
7,500 - 15,000
FOUNDED
1919
TYPE
Public
CEO
JAMES OTTO
REVENUE
$10B - $50B
INDUSTRY
Lending & Credit
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About Ally
Ally Financial is a digital financial services company that provides online banking services.
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