Analyst - Advanced Business Analytics, Auto Loss Forecasting and Reserving .

Ally Financial

6d • $65,000 - $115,000 • Onsite

About The Position

As a leader in digital financial services, our customer and employee experiences run on data. We depend on the Ally analytics community to fuel these journeys and to help nearly 10,000 leaders and employees make countless data-driven decisions every day. Our analytics community has hundreds of analytics professionals across Ally in communities focused on business analytics, data science, R, Python, Power BI and more and continues to grow every day. We are looking for a dynamic and self driven individual with excellent communication skills and a background in business analytics, and strong logic and problem solving. This position's responsibility is centered on loss forecasting for our indirect automotive portfolio and using analytics capabilities to understand key Business Metrics. The ideal candidate would be detail oriented, with ability to sift through voluminous amounts of information to pinpoint which items are relevant to understanding Business results.

Requirements

• Bachelor's degree; BS or BA in Finance, Economics, Statistics, Accounting, Information Technology or related field.
• 1+ years' experience in similar or equivalent position required.
• Demonstrate a solid understanding of data querying and analytical techniques.
• Working knowledge of statistics and models preferred.
• Candidate should possess outstanding analytical and problem-solving skills.
• SAS and/or SQL knowledge required.
• Quick learner and has demonstrated ability to initiate, develop and execute small to medium scale projects.
• Work well within a team of analysts and collaborate with individuals with technical and non-technical backgrounds.
• Candidate must have strong attention to detail.
• Excellent written and verbal communication skills, including the ability to effectively present material.

Nice To Haves

• Experience and knowledge of consumer financing industry (e.g. auto, card, mortgage etc.) preferred.
• Experience in automotive or financial services industry is a plus.

Responsibilities

• Manage complex models to forecast key metrics for the Business and will be a key point of contact for the Auto Business's Forecast, stress testing and loss reserving routines.
• Analyze monthly results, seasonal trends, and variances; identify problems and research potential recommendations for adjustments to Forecast.
• Apply sound control processes into daily/weekly/monthly processes to effectively identify, assess, and manage risk.
• Maintain code logic to query for data, sanitize, aggregate, conform, and produce forecasts for various metrices accurately.
• Perform portfolio analytics, special projects, drill --down analysis and other duties as needed.
• Present Forecast and Business Plan to leadership in forecast review calls
• Collaboratively work with other team members to ensure alignment on Business Forecast and expectations.
• Interface with various stakeholders within credit risk, finance and Strategy teams to incorporate inputs and insights into forecast.
• Apply knowledge of business and balanced judgment in interpretation of data (analytics).

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 5,001-10,000 employees