IO Scoring and Modeling Analyst
We are Ally Financial
A company with a new approach and a rich history; one that values openness, accountability and honesty. Our company dates back to 1919 and is built on the strong foundation of GMAC Financial Services. Our associates and customers are at the heart of everything we do.
Ally Financial strives to build a World Class culture that engages a diverse and vibrant team of professionals. We seek employees who are motivated for success with processes aligned to promote inner-mobility, career growth and leadership development. Ally Financial remains committed to offering a compelling employment proposition that enables us to expand our dynamic team. Put your career on a path with a company that’s taking the financial services industry in a new direction and apply today! Visit
- We serve more than 15 million customers worldwide and have financed more than 150 million cars/ trucks
- Ally Financial is ranked the No.1 automotive finance company
- Money Magazine rated Ally Bank as the Best Online Bank Package for 2011
- Ally Financial consistently ranked within Fortune 500 Companies
to learn more.
IO Scoring and Modeling Analyst
Ally Financial's Risk function manages and analyzes Ally’s exposure to internal and external risk factors. The function strives to achieve an appropriate balance between risk and return, to limit unnecessary risk, and to protect the company’s financial returns.
The Analyst will lead initiatives to ensure the best available credit scorecards and ratings engines are in place for the IO Portfolio. Design modules for advanced score development and analytical tools. Participate in the implementation of models in live operating environments within the organization. Consultant to other areas regarding credit and business strategies.
Design, development, and implementation of statistically sound risk based acquisition and collection scoring tools and systems.
Perform credit risk assessments of the existing customers to determine the credit risk health of the portfolio. Promotes learning of Full Credit Cycle activities to enhance analysis of the
portfolios and to have a Business point of view while making proposals on any process
Develop and implement management reporting tools and analytics that assess the credit risk performance of the portfolio. Monitor and recommend actions.
Lead and develop a team of statistical credit risk analysts. Use expertise to act as a consultant for credit acquisition scorecard projects to the world-wide Ally organization.
Conducts comprehensive periodic reviews of risk related processes and operating procedures to keep them updated and in compliance with company and legal requirements
Present methods and findings to functional management and executives. When necessary, travel to train and update the organization on credit scoring issues.
Education and Training:
Bachelor’s degree in Statistics, Economics, Engineering or Mathematics. Advanced degree in one of these disciplines is preferred.
2+ years of experience in credit and risk related activities in the Financing sector, Auto Finance experience highly desirable
Knowledge of quantitative risk models and associated credit or collection strategies
Analytical mindset, business results oriented, high on ethics, integrity and leadership, project management experience
Experience in the implementation of quantitative credit portfolio monitoring
Technical knowledge in quantitative methods and multivariate analysis
Desirable to have experience in the statistical software SAS as well as in Access, Excel, and Visual Basic for Applications
Experience with risk and financial analysis, audit and control activities, sales or collections operations
Performance Skills/Individual Competencies:
Exceptional communication (verbal and written), presentation, project management, and overall leadership skills.
2+ years of relevant experience, specifically related to the design and implementation of statistically based scoring and portfolio analysis tools.
Automotive finance credit application experience preferred.
Experience in statistical modelling.
Working at Ally is Rewarding!
Ally's compensation program offers market-competitive base pay and above-market bonus pay potential based on achieving personal and company goals. Plus, we have a flexible paid-time-off program and emphasis on work-life balance.
Ally Offers Competitive Benefits:
Ally is an equal opportunity employer in that our policy, in accordance with federal & state laws, prohibits employment discrimination solely on the basis of a person's race, color, creed, sexual orientation, sex, marital status, or disability except where a reasonable, bona fide occupational qualification exists.
- 401K Matching and Company Contributions
- Paid Time Off (Roll-over up to 50%)
- Variable Pay (bonuses)
- Tuition Reimbursement
- Comprehensive Health Insurance Coverage
- Vendor Partnership Discount Program
- Charitable Gift Contribution Matching
- Adoption Assistance
Statistics / Modeling
Risk - 2001310068
Dec 6, 2012, 2:56:07 PM
Ally Financial - 20 months ago
“Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive...