Job description
General information
Career area
Compliance
Country
United States
Work Location(s)
1100 Virginia Drive, Fort Washington, PA, 12808 W. Gran Bay, Jacksonville, FL, 17500 Chenal Parkway, Little Rock, AR, 601 S. Tryon Street, Charlotte, NC
State
North Carolina
City
Charlotte, NC
Remote?
No
Ref #
15094
Posted Date
Monday, March 20, 2023
Working time
Full time
Ally and Your Career
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 Senior Analyst, Compliance Testing will support in the development, implementation and maintenance of the Compliance Testing Program that includes testing and reporting in accordance with regulatory expectations. This position will focus on testing for the Mortgage and Ally Lending but may include additional business lines as assigned. This position will require analysis of moderate to complex regulations, business processes, procedures and controls for execution of testing techniques as assigned.
The Work Itself
- Responsible for the development of test scripts and test methodology in support of test procedures and regulatory requirements applicable to the business line.
- Execute predefined testing techniques to a sample of data, controls, events or transactions and captures results for communication to interested parties (compliance, line of business, auditors, examiners)
- Partner with compliance staff on the identification of business line compliance controls and lead the execution of testing compliance risks and controls with pre-defined testing techniques.
- Lead discussions with support partners and business unit management to communicate the compliance testing scope, objective and associated regulatory risk identified.
- Prepare test workpapers, report and if applicable, the Issue Rating Matrix and Compliance Corrective Action Form.
- Upload test workpaper, supporting documentation and final report as required and update all appropriate reporting systems.
- Participate in timely responses to regulatory exams and internal audits.
- Assist in preparation of Compliance related management reports and identify data execution needs for testing, as applicable.
- Train / mentor compliance staff in areas of subject matter expertise.
- Keep abreast of relevant changes in laws, rules or regulations that impact the financial services industry.
The Skills You Bring
- Bachelors’ degree in business or a related major preferred.
- +3 compliance or auditing / testing experience including documenting test results and workpapers and communicating test results (Archer preferred)
- +3 years of compliance experience, with emphasis on consumer regulations including a working knowledge of applicable laws and regulatory requirements (Mortgage, Lending, Insurance, Auto)
- Ability to interpret and understand laws and regulations, research and identify requirements and related controls and assist in developing transaction test scripts.
- Successful candidates must demonstrate solid written and verbal communication skills, strong analytical and critical thinking skills, and a desire to perform in a dynamic and ever-changing environment.
- Ability to learn new processes, systems and controls quickly with minimal training, adding value quickly.
- Strong Microsoft Office skills including Excel, Word, PowerPoint and Outlook.
- Ability to work both independently and cooperatively in a team environment
- Must be willing to travel on a limited basis.
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. 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.
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 work@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.
Base Pay Range: An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.
Emerging
70,000
Experienced
82,500
Expert
100,000
Incentive Compensation: This position is eligible to participate in our annual incentive plan.
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