CRA Investment Analyst

Ally and Your Career

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?

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?

Work Schedule:

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.

This role is based out of our Sandy, Utah office on a hybrid or remote schedule.

Ally’s Community Reinvestment Act (CRA) team is a highly specialized group dedicated to positively impacting communities across our assessment area through CRA-qualifying loans, investments, and services. While compliance with the CRA is a regulatory requirement for all FDIC‑insured banks, Ally the CRA program is mission-driven and central to how we support affordable housing, community services, economic development, and neighborhood revitalization.

The Analyst – CRA Investments will support the ongoing management of Ally’s CRA investment portfolio, which includes investments in small business investment companies (SBICs), community development venture capital (CDVC) funds, and affordable housing and preservation funds. This role provides hands‑on exposure to CRA‑eligible investments, underwriting fundamentals, and portfolio monitoring within a collaborative team environment.

• Assist with due diligence on new Community Development (CD) equity investments by conducting background research, industry reviews, and financial analysis
• Support the preparation of internal investment memos, exhibits, and supporting materials for internal approval processes
• Help coordinate the collection and organization of diligence materials from external partners and internal stakeholders
• Support transaction closings through administrative and documentation assistance

• Assist in the review, organization, and tracking of fund reporting documents and CRA monitoring data
• Help maintain portfolio trackers, calendars, and documentation related to reporting, capital calls, and distributions
• Support analysis of ongoing CRA qualification requirements for existing investments
• Assist with processing capital calls and distributions and coordinating with internal partners on cash flow tracking

• Support the preparation of materials for internal meetings, CRA reporting, and governance activities
• Identify opportunities to improve documentation, tracking, and internal processes under the guidance of senior team members
• Maintain organized records and files to support audit, exam, and internal review readiness
• Participate in Ally Bank’s community outreach programs, including volunteer activities, to support community…