Modeling Quant Manager

Position Description

The Modeling Quant Manager will serve as a subject matter expert/professional individual contributor within Ally's treasury function. This manager will be primarily responsible for statistical analysis, modeling, and testing for balance sheet management and liquidity forecasting.

Job Responsibilities

• Using statistical analysis and data mining techniques to perform data analysis, develop statistical models to assist BSM balance sheet forecast, NII forecast, liquidity forecast and business planning.
• Ability to create, implement and perform benchmark tests on financial and behavior statistical model such as prepayment, default/loss and other statistical models.
• Ability to pull large data set from enterprise data bases and analyze data for model development, ad-hoc analysis and monthly reporting.
• Creatively using various types of tools to develop solution sets for balance sheet related tasks and scenarios.
• Improve modeling process within various financial analytical tool such as QRM or else. This includes but not limit to implement models into QRM, establish best practice modeling setup within QRM framework.
• Create strong partnerships with important constituencies such as business segment leadership, treasury personnel, accounting personnel and enterprise risk management personnel.

Qualifications

• Master degree from Economics or Science, Finance department or Ph.D. preferred.
• 4-6 years' work experience within a bank's Treasury or Finance department.
• Experience with QRM framework is desired.
• Strong coding and programming experience are required.
• Strong SQL on Oracle database, and programming experience with SAS/R/Python and other software experience is desired.
• Knowledge of financial products and balance sheet management is a plus.
• Excellent presentation and verbal communication skills.
• Ability to work independently and manage multiple priorities in a fast-paced environment to meet pre-established deadlines.

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's Treasury organization is a key component of our funding strategy that contributes to the growth and development of our thriving Ally Bank. The Treasury organization includes Capital Management, Balance Sheet Management, Global Functions and Liquidity, Structured Funding and Bank Relations, Treasury/Capital Markets Operations, and the Treasury Program Management strategic areas of our organization. Our Treasury professionals are responsible for effectively managing balance sheet, capital, and liquidity of the company while ensuring the business units are adequately funded to support profitability and growth.

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.