Testing and Monitoring Analyst II (Invest)

General information

Ally and Your Career

The Opportunity

The Testing and Monitoring Analyst II for Invest operates independently and is responsible for conducting in depth reviews of key processes and controls from within the Invest line of business . Responsibilities include identifying operational weaknesses, risk within a specific area, training needs and control deficiencies. The Analyst II is responsible for documenting and reporting results of the reviews in a timely manner as well as providing feedback and identifying process improvements. The scope of this position will require collaboration and consultation with Managers and other Invest Business Line Leaders regarding current control issues and activities. Additional responsibilities may include the management of Issue Validations and other projects. The ideal candidate executes efficient and effective tests relative to risk, ensuring accordance with Testing and Monitoring methodology and other applicable standards.

This is an required in-office role with hybrid schedule of 3 days in the office, 2 days are work from home.

Ally work locations are Charlotte, NC (preferred), Lewisville, TX, or Fort Washington, PA

The Work Itself

• Conduct ongoing testing and monitoring of Invest processes to drive oversite of operational weaknesses, risks, and control deficiencies with little management oversite.
• Initiate and facilitate walk through meetings with Invest teams to capture necessary process information for control testing.
• Manage and maintain the tracking of action items from testing and ensure items are remediated timely and procedure updates are made where necessary.
• Participates in meetings to report progress of testing, Action Items and Issue Validations.
• Maintains accurate and complete working papers that clearly document all findings and possible risk.
• Complete one-off/Ad hoc reviews for Invest as needed.
• Maintain and reinforce the core principles of the Enterprise Testing and Monitoring Policy and all related Policies.
• Support Issue Management process by validating Issues for completeness.
• Assist management with duties as necessary.

The Skills You Bring

• 1+ years of experience in Brokerage Operations or Banking Risk Management (e.g., testing and monitoring, financial controls/SOX, or audit) required
• FINRA Series 7 & 63 preferred
• Strong understanding of Invest FINRA rules and regulations and Invest operations processes highly preferred
• High level of problem-solving capability and research-oriented skills.
• Well-organized and thorough work ethic
• Understanding of Financial Services industry, with an emphasis on Risk Management; as well as related laws, rules, and regulations.
• Strong Communication skills both written and verbal.
• Strong skills in MS Excel and PowerPoint

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 [email protected]. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.