Manager - Quantitative Modeling

The Opportunity

Reporting to the Director of Quantitative Modeling, this position’s primary responsibilities will include the development of loss forecasting, credit scoring, remarketing models, and collection related models that support the originations strategy for Ally’s Auto business line. The ideal candidate will have prior model development experience, strong data management, quantitative, and programming skills. Experience in the financial services industry is required. This position is based in Charlotte, NC.

Will consider other locations for internal candidates.

• Hands‑on development of loss models and credit scorecards used to assess consumer and commercial credit risk using a variety of statistical and machine learning methods.
• Extract and manage data for model development from internal and external databases and providers.
• Monitor performance and support existing models in production, updating periodically as needed.
• Help evaluate third‑party data and credit scoring models for internal utilization, as appropriate.
• Support the Model Risk Management validation process for models owned by your team.

• Bachelor’s degree in Mathematics, Statistics, Economics, or Engineering. Advanced degree preferred.
• 5+ years of modeling & analytics experience.
• Advanced knowledge of statistics and quantitative models.
• Strong analytical, communication (written and oral), and interpersonal skills.
• Familiarity with credit bureau data, credit scoring methods and rank‑ordering metrics.
• Experience with logistic and linear regression, scorecard methods, time series modeling, and loss forecasting. Knowledge of machine learning is a plus.
• Python, SAS, R or other modeling software or languages.

• 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 Life Matters Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs.

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.

Emerging: 110,000
Experienced: 145,000
Expert: 180,000

Incentive Compensation:
This position is eligible to participate in our annual incentive plan.