Senior Analyst - Financial Modeling
Ally Financial - Detroit, MI

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Senior Analyst — Financial Modeling

Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive services business offers a full suite of financing products and services, including new and used vehicle inventory and consumer financing, leasing, inventory insurance, commercial loans and vehicle remarketing services. Ally Bank, the company's direct banking subsidiary, offers an array of deposit products, including certificates of deposit, savings accounts, money market accounts, IRA deposit products and interest checking. Ally's Commercial Finance unit provides financing to middle-market companies across a broad range of industries

Senior Analyst – Financial Modeling

Position description / key responsibilities:

The role will drive and support broad pricing initiatives and activities for the auto finance operations. The focus of the position will require the creation of value-added reports, detailed financial models and metrics. They will be responsible for …

- Building and developing complex, quantitative models used by both our pricing analytics team and our portfolio analytics team to support revenue projection, pricing, portfolio management and strategic initiatives

- Independently analyzing complex data to identify relevant information, develop key takeaways, and make required recommendations

- Oversight in the development of models to measure and monitor Ally’s market position versus the competition

- Developing new methodologies and assumptions that drive profit optimization

- Modeling governance related to auto finance pricing activities

- Ensuring alignment of auto finance pricing processes and models with Risk, FP&A, Operations and Treasury

- Working with business partners to identify opportunities to grow business and maximize profitability

Skills Required

- Solid background in developing financial models with full understanding of cash flow models or NPV (net present value) models, pro forma models, etc.

- Ability to organize and model large data sets to identify market trends as well as translate results into

Business recommendations

- Evidence of working with data, including large and complex data sets, synthesizing information, presenting results, and creative problem solving

- Ability to work in a fast pace environment while being very detailed

- Statistical modeling for portfolio, loss mitigation and/or demand forecasting preferred

- Strong quantitative skills and analytical problem solving skills

- Must be detail oriented and have the ability to learn quickly

- K nowledge of using SAS will be a plus coding ability

- Advanced knowledge of PC applications, including extensive knowledge of Excel and the suite of MS Office programs

Education/Experience Required

- 5+ years of experience in related fields

- Statistical modeling preferred

- BS/BA in Finance or Statistics, MBA preferred

- Strong knowledge of financial service products and processes preferred, knowledge of consumer lease product a plus

- In-depth practical knowledge of financial analysis techniques and methodologies

- Consumer banking and/or Auto Industry experience preferred

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:

401K Matching and Company Contributions
Paid Time Off (Roll-over up to 150%)
Variable Pay (bonuses)
Tuition Reimbursement
Comprehensive Health Insurance Coverage
Vendor Partnership Discount Program
Charitable Gift Contribution Matching
Adoption Assistance
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.
Job Accounting / Finance
Primary Location United States-Michigan-DETROIT

Organization Finance - 2011240039
Schedule Full-time

Job Posting May 9, 2013, 8:39:42 AM

Ally Financial - 14 months ago - save job - block
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About this company
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“Ally Financial Inc. is a leading automotive financial services company powered by a top direct banking franchise. Ally's automotive...