Insurance Business Line Risk Testing Analyst II

General information

Ref # 18472

Remote? No

Ally and Your Career

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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

The BL Risk Testing Analyst II plays a key role in supporting the development and execution of business process testing and monitoring activities for the Insurance business line. The position is responsible for executing testing and monitoring of assigned areas. Execution of testing includes identifying and assessing process risks and controls, flowcharting business processes including identifying and evaluating the design and operational effectiveness of controls, executing tests, documenting results, assessing review findings and making initial determination of reportable issues. During the process, completes work in accordance with Ally Financial testing and monitoring methodology.

The Work Itself

• Independently execute assigned testing activities, including test of controls and validation/transactional testing
• Support program planning and execution
• Develop, execute and document testing in accordance with policies and procedures
• Utilize sound analytical and technical skills to provide consultation regarding emerging control practices.
• Analyze business process and internal control documentation and develop written summary of findings to review with Management.
• Identify root causes and provide meaningful recommendations.
• Perform ad hoc projects as assigned to assist in analyzing Ally's risk and control environment.
• Work within defined plans and schedules.
• Maintain open line of communication with management of assigned areas

The Skills You Bring

• 2+ years of work experience in relevant field required, experience in testing, auditing or risk management preferred
• Bachelors (or higher) degree in business required or 5 years of relevant experience can be used in lieu of degree (including military service)
• Familiarity with Ally Insurance products or experience with F&I and/or P&C business preferred
• Strong project management skills
• Detail-oriented, deadline driven, self-directed and organized individual
• Strong written and verbal communications skills
• Strong understanding of risk and control concepts
• Ability to understand a range of processes within the Insurance business line
• Well-developed analytical and critical thinking skills
• Experience in data analytics and analysis
• Proven ability to excel in highly interactive team environment
• Working knowledge of Microsoft Office applications (Word, Excel, and PowerPoint)
• Ability to travel (~5%)

How We'll Have Your Back

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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 ~~~.

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 ~~~. 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:

Emerging: 55000

Experienced: 67500

Expert: 80000

Incentive Compensation: This position is eligible to participate in our annual incentive plan