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Ally Risk Manager in Detroit, Michigan

Position Description

The Risk Manager (or Sr. Risk Analyst) -- Largest Exposures Group will be responsible for completion of comprehensive credit review reports, including renewal of existing credit lines and new business proposals, for Ally's largest commercial exposure accounts. Completion of credit reviews will require collaboration/communication with key dealership personnel and internal stakeholders, in-depth analysis of financial statements and key financial ratios, writing concise summaries of the customer relationship/recent events, and recommendations to mitigate risk and exposure. It is also expected that this position will support department training initiatives.

Note: A Senior Risk Analyst (3F) would also be considered for this position based on experience and growth potential.

Job Responsibilities

  • Conduct financial analysis on dealership wholesale accounts from data obtained from both internal and external sources (including various financial statement types)

  • Ensure proposals / accounts are properly risk rated and are in compliance with corporate policies

  • Ensure analysis is accurate and recommendations address issues and exceptions to mitigate Ally's risk

  • Drive underwriting results to meet or exceed targets for volume and turn time

  • Work collaboratively with matrix partners for the development, production and approval of new business proposals

  • Be responsive to all requests for information made by the FDIC, Federal Reserve or internal IRM / quality control partners

  • Actively coach and mentor less experienced employees to maximize their potential


  • Undergraduate degree; Graduate degree preferred, but not required

  • Thorough understanding of commercial lending (including automotive dealership and wholesale administration)

  • Strong financial analysis and analytic/problem solving skills required

  • Proficient in intermediate MS applications (Word, Excel, Access and PowerPoint)

  • High level of interpersonal skills

  • High level of written and oral communication skills as well as attention to detail

  • Strong organizational skills and time management abilities

  • Strong project management skills and ability to effectively prioritize tasks

  • Ability to function effectively in a matrix organization and adapt to change quickly

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.

Total Rewards

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

Job Title: Risk Manager

Company: Ally Financial Inc.

Category: Risk

BU Function: Auto

Experience Level: Experienced

Requisition ID: 19-5348