Director – Technology Testing Risk/Controls and Testing – CFO BL Risk

General information

Ally and Your Career

The Opportunity

At Ally, you get a startup feel but experience the benefits of a company that’s worked out the kinks and is fulfilling its purpose. We’re always evolving and see that as a good thing. From owning our work to seeing its impact in the real world, our team is relentless in finding new ways technology can help make experiences better and help people. We are problem solvers, we value diverse thinking, we support one another, and we challenge ourselves to think bigger in the journey to deliver customer-obsessed tech solutions.

We are seeking a Director on the CFO Group Business Line Risk Testing team to lead the Technology Control Testing program. As part of the CFO Group Business Line Risk function, the Director will oversee the program for testing key controls within the IT/IS environment. The Director will assess risk and oversee the development of efficient and effective control audit plans; conclude and report on the adequacy and effectiveness of internal controls, governance and risk management; and execute on the overall strategy primarily to support Ally’s SOX requirements. The successful candidate will have experience with multi-tasking in a dynamic organization and be detail-oriented with a “roll up the sleeves” attitude. They will also be willing and able to work with partners in the lines of business and Technology, Governance, Risk, and Compliance functions, to determine business needs and establish strategies and action plans. The candidate will also be responsible for audit project management, resource management, and relationship management within the CFO Group Business Line Risk function and across other Ally Business Lines. The position involves frequent interaction with all levels of the organization.

The Work Itself

• Take appropriate actions to mitigate excessive risk; implement policies, programs, practices and supporting technology that assess, monitor and report the risk profile to internal/external stakeholders (e.g. management, regulators, auditors)
• Provide technical expertise in the Risk Management Framework including Risk and Control Self Assessments, and Key Risk Indicators
• Provide leadership and subject matter expertise/training to business units and corporate functions to support compliance with framework components
• Manage the performance and development of testing team resources who are responsible for the Technology Control Testing program; maintain appropriate employee budget and headcount expectations
• Stay abreast of research and benchmarking to enhance, update and maintain sound Risk Management practices in alignment with regulatory requirements and industry practices
• Direct the audit focus to key risks and ensure efficient, effective, and high-quality delivery, in compliance with professional standards and audit policies. Oversight of the Technology Control Test Strategy to include:
• • Scope and definition of testing and monitoring plans
  • Roles and responsibilities
  • Standards and practices for testing and monitoring key controls
  • Issues Management protocols
  • Reporting
• Collaborate with key IT management to foster positive working relationships, promote Audit's image, provide control advice and issue trends and to stay abreast of major business activities and changes in the business; and consider impacts to the Technology Control Testing Program
• Coach team members in testing methodology, designing test objectives, test execution, and evidence evaluation, which includes the review of design and operational effectiveness test results
• Monitor change control processes to ensure scheduled/coordinated evaluation of key controls and ensure completion of SOX plan within designated timeframes.
• Direct the execution and completion of large and/or complex system pre-implementation projects on a timely basis, including the assessment of related IT risks
• Recommend and manage action plans to address identified risks or failure points based on control testing
• Implement holistic, centralized report strategy that summarizes results of key control testing and establishes a method for escalating performance indicators and risk issues to lines of business
• Develop and maintain strong working relationships with internal business partners; support the needs of other stakeholders as needed
• Prepare for and conduct key meetings and presentations with management and/or executive leadership

The Skills You Bring

• 7+ years of relevant experience in the financial services industry with background in risk management or audit; experience working in financial controls, governance, or other testing function required, along with directing and leading large teams
• 2-3+ years of people leadership experience
• Demonstrated ability to design, implement and manage risk management programs with working knowledge of risk management concepts and components (e.g., policy/procedures, governance, reporting, self-assessments) in a regulated environment (e.g. FDIC, FFIEC guidelines)
• Demonstrated understanding of risk management concepts and relevant risk-based integrated process auditing and the relationship between audit risk assessment and audit objectives
• Bachelor's degree in accounting, finance, business or related field (Information Systems, Business, Accounting, or other related field of study) with a higher degree in IT or other related field of study desirable.
• Relevant professional certification in a related field (CIA, CISA, CISSP, CPA, etc.) is required
• Ability to leverage technical expertise and relationships to contribute to strategy and drive business results2-3+ years of people leadership experience

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. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

• Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
• 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 pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.
• Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, 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 assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.
• Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.
• Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.
• To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

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.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at hrpolicy@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.