Financial Structures Specialist (PacWest)

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?

The Opportunity

This position offers an opportunity to support the growing Ally DP&S Reinsurance and Financial Structure programs. The role includes responsibilities involving account formation, payment management, ongoing operational maintenance, and process improvement. Dealer facing interaction is required.

Candidate must reside in the PacWest region near a large metropolitan area, willing and able to travel throughout PacWest region for this Work from Home/Remote role with frequent air travel.

The Work Itself

• Act as a subject matter expert to assess the financial objectives of our dealer partners to recommend the most appropriate reinsurance/financial structure program to suit their needs, strengthening our position as the dealer's Ally
• Be the trusted advisor to the entire designated sales region as the subject matter expert on dealer reinsurance and financial structures by working to maintain existing business relationships as well as partnering to acquire new relationships
• Act as a subject matter expert in the field by leading reinsurance reviews with our current dealer reinsurance partners or by presenting reinsurance options to potential reinsurance candidate
• Coordinate the analysis and timely delivery of reinsurance dashboards, claims registers, cession statements, VIN detail reports, surplus calculations, and other ad-hoc reports as requested by the field Sales staff or the dealer directly
• Take lead in the formation and activation of new reinsurance business for designated sales region
• Work with the Sales organization to improve current dealer-facing reinsurance reporting and processes, taking into consideration dealer feedback and competitive intelligence
• Be the subject matter expert on the applicable laws and regulations for the jurisdiction of Turks & Caicos as they relate to the dealer reinsurance program
• Coordinate and conduct structure training for new hires, attend and participate in local and regional team meetings

The Skills You Bring

• Bachelor's degree in risk management, finance, economics, mathematics, or related field required
• 5 years of experience in insurance or other financial services industry required
• Ability to travel
• Ability to communicate technical topics in an easy-to-understand manner
• Ability to effectively manage and influence across the organization to make positive changes to profit participation programs
• High level of problem-solving capability and process improvement skills
• Well-organized and detail-oriented work ethic
• Strong skills in MS Excel and PowerPoint
• Strong communication and relationship building skills
• Ability to pass a Series 7 securities FINRA exam following hire.

How We’ll Have Your Back

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 with an industry-leading 401K retirement savings plan with matching and company contributions, student loan and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.
• Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions and a total well-being program that helps you and your family stay on track physically, socially, emotionally and financially.
• Building a Family: adoption, surrogacy, and fertility support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts.
• Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Who We Are

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit www.ally.com

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.