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Ally Quality Assurance Senior Risk Analyst in Charlotte, North Carolina

Position Description

Ally's Risk Appetite describes the level and types of risks Ally is willing to accept to create, preserve, and realize long-term value in the pursuit of its strategy and business objectives.

The Quality Assurance Senior Risk Analyst will be a critical member of the Risk Appetite team responsible for the independent review of Risk Appetite Limits. The QA process has two primary objectives: 1) Verify that the data submitted for each limit is easily repeatable for historically reported values, through Quantitative Testing; and 2) Ensure the limit design restricts and elevates applicable risk appropriately and that all required attributes, per the Risk Appetite Standard, are reflected accurately within the Enterprise Limit Inventory, through Qualitative Testing.

Job Responsibilities

  • Assist in the build out of the Risk Appetite Quality Assurance (QA) Process.

  • Execute the daily responsibilities involved in the QA process by facilitating meetings with leadership across the organization:

  • Organize required documentation (e.g., Desktop Procedures, evidence of limit recalculation, evidence behind threshold and Limit rationale).

  • Assist in the review and challenge of limits to ensure limit design restricts and elevates applicable risk appropriately and that all required attributes, per the Risk Appetite Standard, are reflected accurately within the Enterprise Limit Inventory, through Qualitative Testing.

  • Assist in the verification of data submitted for each limit to ensure repeatability for historically reported values, through Quantitative Testing.

  • Work closely with Data Providers, Approvers, and Owners within Independent Risk Management and the Business Lines to review and challenge the required documentation provided, ensuring compliance with the Risk Appetite Standard and regulatory requirements.

  • Work closely with Audit to ensure the QA Process is being conducted effectively.

  • Facilitate the annual review of Ally's Key Risk Metrics.

  • Manage multiple priorities under stringent deadlines to complete the review of all applicable limits annually.

  • Enhance current collection process through automation using MS Excel, SQL Server Management Studio, PowerBI, SSRS, or other tools.

  • Review the current state of Risk Appetite reporting and look for ways to align and simplify.

  • Maintain a strong knowledge of corporate policies and procedures including applicable federal regulations related to Independent Risk Management.

  • Work closely in a team environment to complete objectives.


  • Bachelor's degree

  • 3+ years of prior experience in the financial industry

  • Background in diversified financial services company is desirable

  • Wholistic understanding of banking and risks associated with banking (e.g., Credit, Operational, IT)

  • Risk Management/Audit experience a plus

  • Skilled in building reports and automation through SSAS, SSRS, MS Excel and PowerBI a plus

  • Experience in building new business processes and re-inventing existing ones to exceed business needs and eliminate redundancies and inefficiencies

  • Strong work ethic, persistence and determination in problem solving

  • Openness and desire to learn

  • Must be self-motivated

  • Ability to work in a team and fast paced changing environment

  • Strong written and verbal communication skills

  • Ability to explain complex concepts and detailed findings efficiently

  • Strong analytical skills with a focus on root-cause-analysis

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 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.

Job Title: Quality Assurance Senior Risk Analyst

Company: Ally Financial Inc.

Category: Risk

BU Function: Risk

Experience Level: Experienced

Requisition ID: 19-6842