Manager – Advanced Business Analytics, Auto Loss Forecasting and Reserving Position Available In Wake, North Carolina

Tallo's Job Summary: Ally Financial is seeking a Manager for Advanced Business Analytics in Auto Loss Forecasting and Reserving. The role involves leading a team, analyzing credit metrics, and communicating findings to stakeholders. Requirements include 5+ years of analytical experience, proficiency in SQL and SAS, and strong project management skills. The salary ranges from $110,000 to $180,000.

Company:
Ally
Salary:
JobFull-timeOnsite

Job Description

  • General information
  • Ref #
  • 19724
  • Remote?
  • No •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?

  • The Opportunity
  • We are looking for a dynamic leader with excellent communication and data storytelling skills to lead Ally’s consumer Monitoring and Analytics function within the Loss Forecasting and Reserving team.

Key activities include monthly and quarterly portfolio reporting, forecasted versus actual performance comparison, senior/executive management presentation preparation and ad-hoc analyses. This role offers the unique opportunity to lead a team at the intersection of Ally’s operations, finance, and modeling groups. You will develop a deep understanding of Ally’s consumer auto loan operations and business concepts, and of how Ally’s risk management framework drives financial impact. This role will lead team efforts to analyze and report insights on key credit metrics, including aggregate exposure trends, performance drivers, delinquencies, and losses, and will communicate findings to operational and financial stakeholders within the company. The successful candidate will be able to comfortably work with and analyze large datasets, thrive in a deadline-oriented environment, and demonstrate accuracy and accountability while preparing, validating, and reconciling standardized and ad-hoc reports.

  • The Work Itself
  • Lead and develop a team of analysts to provide day-to-day analytical support for consumer auto loan risk management
  • Analytical support includes reporting and monitoring of key risk metrics including but not limited to mid- and end-of-month credit performance and trends, delinquencies, pro-formas, EWKRIs, flow rates and charge-offs
  • Produce leadership communications and reports summarizing forecast results, uncertainties, risk/opportunities, and trends
  • Collaborate with Ally operations, finance, analytics and modeling groups to monitor business, industry, and economic trends and to identify reporting enhancement opportunities
  • Coordinate with data and technology teams to monitor data quality and to implement continuous improvements in team data management processes
  • Includes overseeing the production and validation of internal datasets that are used to support quarterly earnings reporting
  • Oversee ad-hoc analytics that provide data driven answers to stakeholder questions within compressed deadlines
  • Own the production of major Consumer and Commercial Auto credit risk deliverables and all supporting processes including documentation, preparation, validation, integrity checks and process controls, management review and data enhancements
  • Be prepared to respond to changing business needs and new deliverable requests by developing skills to manage the impact analysis, requirements gathering, design, and implementation of new processes.
  • The Skills You Bring
  • High level of interpersonal skills to work effectively with others; strong oral and written communication skills required
  • 5+ years of analytical or finance experience, preferably in the banking or financial industry, or 2+ years of analytical or finance experience and a graduate degree in applicable fields required
  • Proficient programming skills in SQL and SAS and advanced knowledge of Excel and PowerPoint required
  • Ability to translate complex data into clear, compelling and easy to understand visuals
  • Strong project management and interpersonal skills
  • Effective in delivering solutions in a dynamic fast-paced environment
  • Ability to collaborate across the organization and build strong relationships with business partners
  • Proven ability to deliver results within tight deadlines while maintaining integrity of reported metrics
  • Must demonstrate a strong attention to detail and be highly organized
  • Possess strong analytical and problem-solving/reconciling skills
  • Can initiate proactively and effectively manage multiple priorities
  • Undergraduate degree, preferably in business, analytical, math or technical field
  • Loss forecasting (e.g., CECL) or financial forecasting experience
  • Exposure to big data tools and cloud technology environment preferred
  • Experience with Python, PySpark, R languages and with visualization tools (e.g., Tableau, Power BI) preferred
  • Automotive finance experience
  • Data engineering or database management experience#DFS#LI-Hybrid
  • 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 childcare 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.

    Where permitted by applicable law, must have received or be willing to receive the

    COVID-19

    vaccine by date of hire to be considered, if not currently employed by Ally.

    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:
    • 110000
    • Experienced:
    • 145000
    • Expert:
    • 180000
    Incentive Compensation:

    This position is eligible to participate in our annual incentive plan

    Other jobs in Wake

    Other jobs in North Carolina

    Start charting your path today.

    Connect with real educational and career-related opportunities.

    Get Started