Insurance Business Line Risk Testing Analyst II

Detroit, MI

Full time

R2600179

Ally Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We love 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?

Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The BL Risk Testing Analyst II plays a key role in supporting the development and execution of business process testing and monitoring activities for the Insurance business line. The position is responsible for executing testing and monitoring of assigned areas. Execution of testing includes identifying and assessing process risks and controls, flowcharting business processes including identifying and evaluating the design and operational effectiveness of controls, executing tests, documenting results, assessing review findings and making initial determination of reportable issues.

During the process, completes work in accordance with Ally Financial testing and monitoring methodology.

• Independently execute assigned testing activities, including test of controls and validation/transactional testing
• Support program planning and execution
• Develop, execute and document testing in accordance with policies and procedures
• Utilize sound analytical and technical skills to provide consultation regarding emerging control practices.
• Analyze business process and internal control documentation and develop written summary of findings to review with Management.
• Identify root causes and provide meaningful recommendations.
• Perform ad hoc projects as assigned to assist in analyzing Ally's risk and control environment.
• Work within defined plans and schedules.
• Maintain open line of communication with management of assigned areas

• 1+ years of work experience in relevant field required, experience in testing, auditing or risk management preferred
• Bachelors (or higher) degree in business required or relevant experience can be used in lieu of degree (including military service)
• CPA or CIA preferred
• Familiarity with Ally Insurance products or experience with F&I and/or P&C business preferred
• Strong project management skills
• Detail-oriented, deadline driven, self-directed and organized individual
• Strong written and verbal communications skills
• Strong understanding of risk and control concepts
• Ability to understand a range of processes within the Insurance business line
• Well-developed analytical and critical thinking skills
• Experience in data analytics and analysis
• Proven ability to excel in highly interactive team environment
• Working knowledge of Microsoft Office applications (Word, Excel, and PowerPoint)

• 1+ years of experience
• High school Diploma or GED equivalent

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…