General informationRef # 17486Remote? NoAlly and Your CareerAlly 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 OpportunityThe Testing and Monitoring Analyst II operates independently and is responsible for conducting in depth reviews of key processes and controls from within Deposits. 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 Deposits Leaders regarding current control issues and activities. Additional responsibilities will include the management of Issue Validations and other special projects. The ideal candidate executes efficient and effective tests relative to risk, ensuring accordance with Testing and Monitoring methodology and other applicable standards.The Work Itself
Conduct ongoing testing and monitoring of Deposits processes to drive oversite of operational weaknesses, risks, and control deficiencies with little management oversite.
Initiate and facilitate walk through meetings with Deposits 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.
Leads meetings to report progress of Action Items and Issue Validations.
Maintain accurate and complete working papers that clearly document all findings and possible risk.
Complete one-off/Ad hoc reviews for Deposits to prepare for external reviews.
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
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
FINRA Series 7 & 63 preferred
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 BackAlly'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 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.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 [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.Base Pay Range:Emerging: 55000Experienced: 67500Expert: 80000Incentive Compensation: This position is eligible to participate in our annual incentive plan