What are the responsibilities and job description for the RCSA - Senior Analyst position at Ally?
RCSA - Senior Analyst.
General information
Career area
Risk
Work Location(s)
601 S. Tryon Street, Charlotte, NC
Remote?
No
Ref #
14678
Posted Date
Monday, January 23, 2023
Working time
Full time
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
The Sr. Risk Analyst position supports the Business Line Risk, Risk and Control Self-Assessment (RCSA) Team of Ally Lending. The primary focus of this role will be executing multiple elements of the RCSA framework in alignment with the RCSA Standard, (which includes but is not limited to: scheduling and leading execution sessions, taking meeting notes, reviewing and challenging the risk exposure and mitigating controls, evidencing robust review and challenge through detailed notes). This role will be hands on requiring someone who is comfortable working in a fast-paced environment across multiple cross functional areas including Operations, Provider Risk, Sales, Product, and Finance. Responsibilities include collaborating with Ally Lending business line partners, Operational Risk Management and Business Line Compliance colleagues to manage follow-up actions including tracking, escalating, and documenting operational risks and the applicable control environment. We want a team member who will look for ways to challenge the efficiency and effectiveness of business processes with a focus on operational risk, enterprise and regulatory compliance, and fair consumer practices. This position offers an excellent and challenging opportunity to apply risk management principles to a consumer lending business that is a subsidiary of a large financial institution. This role will report into the Ally Charlotte Center location.
The Work Itself
- Executive various deliverables for RCSA Program
- Assess existing RCSA inventory and cross-reference with respective business line procedures for each function
- Schedule and lead execution session with business line process owners, stakeholders, and subject matter experts
- Document detailed notes of execution session outputs including risks identified, risk ratings, emerging risks, controls identified and associated ratings
- Prepare risk assessment materials for reporting and dissemination
- Input Self-Assessment data in GRC tool, archer
- Work with business on ongoing initiatives to develop recommendations for process control improvements
- Understand, comply, maintain, and reinforce regulatory and firm policies and procedures/guidelines
- Assess existing RCSA inventory and cross reference with respective business line procedures for each function
- Continue to grow with the Risk Department as the business line evolves
The Skills You Bring
- Bachelor's degree or equivalent experience
- 3 years of related experience (e.g. RCSA, testing and monitoring, risk management, compliance), preferably in financial services or similar industry
- High-level of critical thinking, problem-solving capability, and researc-oriented skills
- Ability to manage several priorities and deliver timely results
- Well-organized and detail-oriented
- Proficient in MS Excel, MS Word and MS PowerPoint required, Power BI is a plus
- Strong knowledge of Archer is a plus
- Demonstrates excellent interpersonal and communication skills (personal, written and presentation) and the ability to work cross-functionally
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.
Base Pay Range : An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.
Emerging
70,000
Experienced
82,500
Expert
100,000
Incentive Compensation: This position is eligible to participate in our annual incentive plan.
General information
Career area
Risk
Work Location(s)
601 S. Tryon Street, Charlotte, NC
Remote?
No
Ref #
14678
Posted Date
Monday, January 23, 2023
Working time
Full time
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
The Sr. Risk Analyst position supports the Business Line Risk, Risk and Control Self-Assessment (RCSA) Team of Ally Lending. The primary focus of this role will be executing multiple elements of the RCSA framework in alignment with the RCSA Standard, (which includes but is not limited to: scheduling and leading execution sessions, taking meeting notes, reviewing and challenging the risk exposure and mitigating controls, evidencing robust review and challenge through detailed notes). This role will be hands on requiring someone who is comfortable working in a fast-paced environment across multiple cross functional areas including Operations, Provider Risk, Sales, Product, and Finance. Responsibilities include collaborating with Ally Lending business line partners, Operational Risk Management and Business Line Compliance colleagues to manage follow-up actions including tracking, escalating, and documenting operational risks and the applicable control environment. We want a team member who will look for ways to challenge the efficiency and effectiveness of business processes with a focus on operational risk, enterprise and regulatory compliance, and fair consumer practices. This position offers an excellent and challenging opportunity to apply risk management principles to a consumer lending business that is a subsidiary of a large financial institution. This role will report into the Ally Charlotte Center location.
The Work Itself
- Executive various deliverables for RCSA Program
- Assess existing RCSA inventory and cross-reference with respective business line procedures for each function
- Schedule and lead execution session with business line process owners, stakeholders, and subject matter experts
- Document detailed notes of execution session outputs including risks identified, risk ratings, emerging risks, controls identified and associated ratings
- Prepare risk assessment materials for reporting and dissemination
- Input Self-Assessment data in GRC tool, archer
- Work with business on ongoing initiatives to develop recommendations for process control improvements
- Understand, comply, maintain, and reinforce regulatory and firm policies and procedures/guidelines
- Assess existing RCSA inventory and cross reference with respective business line procedures for each function
- Continue to grow with the Risk Department as the business line evolves
The Skills You Bring
- Bachelor's degree or equivalent experience
- 3 years of related experience (e.g. RCSA, testing and monitoring, risk management, compliance), preferably in financial services or similar industry
- High-level of critical thinking, problem-solving capability, and researc-oriented skills
- Ability to manage several priorities and deliver timely results
- Well-organized and detail-oriented
- Proficient in MS Excel, MS Word and MS PowerPoint required, Power BI is a plus
- Strong knowledge of Archer is a plus
- Demonstrates excellent interpersonal and communication skills (personal, written and presentation) and the ability to work cross-functionally
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.
Base Pay Range : An individual's position in the range is determined by the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.
Emerging
70,000
Experienced
82,500
Expert
100,000
Incentive Compensation: This position is eligible to participate in our annual incentive plan.
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