Enterprise Risk Manager

Position Description

The Enterprise Risk Manager, for Support Functions, is responsible for driving the consistent application of the Operational Risk Management (ORM) Framework and Policy, while comprehending the unique risks across Ally's Support Functions. This includes ensuring risks are identified, measured, monitored, and controlled and root cause and thematic analysis is performed in a holistic and consistent manner.

Job Responsibilities

• Utilize operational risk metrics and reporting, business and risk acumen, and business line priorities to support a holistic independent view of risks and effectively challenge Operational Risk-related decisions.
• Provide SME guidance to the line of business in support of compliance with Operational Risk Management framework components.
• Oversee end-to-end remediation of risks identified through monitoring reviews, self-assessments, automated assessments, and internal and external audits.
• Provide oversight of business line Operational Loss identification and reporting; escalate material losses as appropriate.
• Oversee established risk metrics/guardrails and appropriate analysis/action plans are in place for metrics out of threshold.
• Actively participate in business line risk routines to ensure thorough and up-to-date knowledge of the business.
• Host and maintain consistent meetings with the business line to advise on changes, updates, or recent events related to Operational Risk.
• Leverage independent view of risks to identify and influence business decisions; serve as a trusted advisor to the business and be an ambassador for Operational Risk.
• Adhere to processes and procedures that support the delivery and oversight of core ORM processes (e.g., Issue Management, Operational Losses, Scenario Analysis, Operational Risk Metrics, and Risk and Control Self-Assessments).

Qualifications

• 7+ years' experience in Risk Management or applicable support function (e.g., compliance, testing and monitoring, or audit), preferably in financial services or similar industry.
• 5+ years' experience in Support Functions (e.g., Finance, Accounting, HR, Legal, etc), with experience as a team or process lead, preferred.
• Must demonstrate strong familiarity with risk and control concepts.
• Must be self-motivated, willing to take on initiative, and capable of working independently.
• Strong influencing skills and ability to provide advice/direction to all levels of employees and management.
• Must demonstrate ability to assimilate unique business practices / functions with Enterprise level policies.
• Working knowledge of risk management components (e.g., policy/procedures, governance, reporting, risk control self-assessments, loss event capture) in a regulated environment.
• Demonstrated ability to build effective working relationships with multiple levels of management.
• Ability to independently problem solve in scenarios where a precedent does not exist.
• Must demonstrate high level of professional skepticism.
• Ability to multi-task, handle competing priorities, and follow through on commitments.
• Ability to effectively manage and mitigate situations that have potential for conflict.
• Willingness to adapt to meet the needs of the risk organization in a dynamic regulatory environment.
• Willingness to challenge conventional wisdom and ability to effectively articulate viewpoint.
• High level of personal integrity, with the ability to handle confidential and otherwise sensitive matters professionally and with the appropriate level of judgement and maturity.
• Proven ability to manage issues through to resolution; skilled at making sound judgment calls.
• GRC tool experience is preferred (e.g., OpenPages, Archer or equivalent experience).
• BS/BA or advanced degree strongly preferred.

Ally Overview

Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.

Business Unit/Enterprise Function

Ally Financial's Risk function manages and analyzes our exposure to internal and external risk factors. The group strives to achieve an appropriate balance between risk and return, to limit unnecessary risk, and to protect the company's financial returns.

Total Rewards Information

Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Plus, we have a flexible paid-time-off program including time off for volunteer opportunities. Ally's Total Rewards Program is designed to enrich your life at work -- and outside of it and includes:

• Industry-leading 401K retirement savings plan with matching and company contributions
• Wellness program encouraging healthy living with financial rewards
• Flexible health insurance options including dental and vision
• Pre-tax Health Savings Account with generous employer contributions
• Pre-tax commuter benefits
• Other work-life integration benefits including parental and caregiver leave, adoption assistance, backup child and adult/elder day care program, child care discounts, tuition reimbursement, LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs

Ally is an Equal Opportunity Employer

We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's 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.