Credit Associate - Dealer Credit Administration

Ally•Plano, TX

1d•$49,920 - $62,733

About The Position

The Credit Associate is part of Ally Financial’s Dealer Credit Administration team and supports dealer customers by completing daily tasks to maintain wholesale accounts accurately. The role processes manufacturer receivables and adjustments, assists with inventory management, facilitates ACH transactions, posts payments, balances general ledger accounts, and researches exceptions. It also provides customer service and administrative, accounting, and technical support.

Requirements

High school diploma or GED equivalent.
Proficient use of Microsoft Office programs.
Strong written and oral communication skills.
Ability to perform administrative, accounting, and technically based support tasks.

Nice To Haves

Two or more years of experience in financial services or a similar industry; an associate's or bachelor's degree in business or a related emphasis may be considered in place of experience.
Understanding of automotive dealership operations.

Responsibilities

Apply dealers’ funds received in relation to wholesale credit lines and programs, and research and resolve unidentified or misapplied funds.
Prepare general ledger entries with supporting documentation.
Prepare and route daily and weekly exception reports.
Identify and deposit incoming wires.
Review supporting documentation for dealer funding requests.
Monitor and respond promptly to requests received in the group email mailbox.
Provide customer service to automotive dealers.
Process manufacturer receivables and associated adjustments.
Assist dealers with daily inventory management, including creating receivables and transferring inventory.
Facilitate daily ACH transactions, accurately post payments, and balance general ledger accounts.

Benefits

Paid time off, paid holidays, and annual volunteer time off.
401(k) retirement savings plan with matching and company contributions.
Student loan paydowns and 529 educational savings assistance programs.
Tuition reimbursement.
Employee stock purchase plan.
Financial learning center and financial coach access.
Medical, dental, and vision insurance options.
Employee, spouse, and child life insurance.
Short- and long-term disability insurance.
Health Savings Account with employer contributions and Healthcare FSA.
Critical illness, accident, and hospital indemnity insurance.
Total well-being program.
Adoption, surrogacy, and fertility assistance.
Paid parental and caregiver leave.
Dependent Day Care FSA, backup child and adult/elder care days, and childcare discounts.
Employee Assistance Program.
Subsidized and discounted Weight Watchers program and other employee discount programs.
Potential travel allowances, relocation assistance, signing bonus, and/or equity, depending on the role.