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Senior Counsel- Consumer Bank

$110k - $180k

Ally

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? 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. The Opportunity This role is on a hybrid schedule, working in our Detroit, Michigan or Charlotte, North Carolina office. Travel is required a few times per year. Senior Counsel will report to the Assistant General Counsel supporting Ally’s Deposits business, who reports to the Deputy General Counsel – Business Line Lead. This Senior Counsel position will focus primarily on providing legal advice to identify and mitigate legal risk associated with the provision of consumer deposits products, including digital payments processes, fraud and financial crime, marketing, and customer care and advocacy. The Senior Counsel will also work collaboratively on a team of legal professionals supporting Ally’s Consumer Banking business, including special Consumer Bank projects, and stay informed of changes and developments in consumer banking laws and regulations. The Work Itself Provide practical and prompt legal guidance on legal risks and issues. Review escalated complaint responses. Review marketing strategies and marketing campaigns. Review internal policies and training materials. Help negotiate vendor contracts. Serve as a trusted business partner and creative problem‑solver. Collaborate with other members of the Legal and Compliance Staff and Government Relations team, as needed. Minimum Qualifications Law Degree from a reputable law school. Bar membership in good standing required to practice law in designated/required jurisdiction. 7 years of relevant experience or equivalent combination of education and experience. Preferred Qualifications Juris Doctor from a top tier law school Bar membership in good standing Ideal candidate will have 3+ years’ experience in a law firm, corporate legal office, or government regulator. Knowledge of relevant federal statutes and regulations, including CFPA, UCC, TISA, ESIGN, TCPA, and FCRA as well as relevant state consumer protection laws preferred. Experience in financial services preferred. Ability to independently manage multiple assignments in a high‑volume environment. Alignment with Ally's culture, including a contagious enthusiasm for serving others, being inclusive, and excelling together. Unquestioned reputation for ethical conduct and integrity Exemplary written and oral communication skills Intellectual curiosity and entrepreneurial zeal Strong work ethic and ownership, goal‑oriented mentality Benefits Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly. Planning for the Future: industry‑leading 401(k) retirement savings plan with matching and company contributions, student loan pay‑downs, 529 educational savings assistance, tuition reimbursement, employee stock purchase plan, and financial learning center and coach access. Supporting your Health & Well‑being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short‑ and long‑term disability, pre‑tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, and a total well‑being program. Building a Family: adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, dependent day‑care FSA backup child and adult/elder care days and childcare discounts. Work‑Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs. Other compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity. For more detailed information about Ally’s Total Rewards, please visit Equal Employment Opportunity 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 View email address on click.appcast.io. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation. Compensation Base Pay Range: $110,000 - $180,000 USD. The position is also eligible to participate in our annual incentive plan. In addition to a competitive base salary, compensation may include travel allowances, relocation assistance, a signing bonus and/or equity, depending on the role. #J-18808-Ljbffr Ally

Vacancy posted 3 days ago
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