Analyst II - Balance Sheet Management

General information

# 22587

No

Ally 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?

Reporting to the BSM Data Analytics Manager, the Treasury Analyst II is responsible for supporting the Current Position which is the foundation of all Balance Sheet Management (BSM) modeling across NII forecasting and interest rate risk positions as well as ad hoc projects which back the accuracy of BSM projections.

The Data Analytics team is responsible for:

• Populating monthly ending positions for all line items on Ally’s balance sheet
• Ensuring the attributes, contractual features and other metadata assigned to all positions will ensure accurate forecast and risk modeling
• Performing root‑cause analysis to understand drivers of the NII forecast and Interest Rate Risk variances
• Researching ad hoc analysis for new products, new modeling, strategic initiatives, and overall trends for all balance sheet products, including capital markets, funding desk transactions as well as the Auto, Corporate Finance and Consumer Bank business units

• Core responsibilities including applying sound technical knowledge (specific responsibilities will vary depending on the aligned functions/area):
• Variance analysis of Net Interest Income (NII) of actual data vs forecasted assumptions
• Interest Rate Risk position analysis vs prior current position
• Work closely with all lines of business across Ally, various finance, data, BSM, Capital Markets and Treasury teams for assumptions and analytics
• Accurately source and transform data using SQL, VS Code (Python), and Excel
• Support initiatives to automate data sourcing and delivery with other Treasury teams
• Responsible for reporting on Current Position roll forward and corresponding impacts as well as various other team initiatives and projects
• Strategic and ad‑hoc analysis as needed

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

• Bachelor’s degree, preferred degree in quantitative discipline such as engineering, mathematics, computer/data science, economics, or finance
• Exhibit a strong work ethic and high degree of self‑motivation with strong attention to detail
• Analytical capabilities to review large data sets and understand drivers of variances, solving for key factors in output changes
• Ability to research and understand financial instruments and products as well as their behavioral setup within QRM databases and Excel models
• Desire to pursue advanced finance programs (CFA, master’s in finance, etc.) or advanced certifications and degrees
• Ability to communicate effectively and work with limited supervision while applying previous experience to execute moderately complex tasks
• Advanced MS Excel (Index Match, pivot tables, etc.) and PowerPoint skills
• Developing technical expertise, business and industry knowledge, and process and leadership capabilities
• Developing project management, analytical and judgment skills and the ability to influence others and build consensus
• SQL and Python knowledge, a plus

Ally’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…