Analyst II - Balance Sheet Management

Ally

Charlotte, NC

# Analyst II - Balance Sheet Management .### General informationCareer areaTreasuryWork Location(s)601 S. Tryon Street, NCRemote?NoRef #22587Posted Date06-30-26Working timeFull time### Ally and Your CareerAlly 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 OpportunityReporting to the BSM Data Analytics Manager, the Treasury Analyst II is responsible for supporting the Current Position which is the foundation of all Balance Sheet Management (BSM) modeling across NII forecasting and interest rate risk positions as well as ad hoc projects which back the accuracy of BSM projections.**The Data Analytics team is responsible for:**1. Populating monthly ending positions for all line items on Ally’s balance sheet2. Ensuring the attributes, contractual features and other metadata assigned to all positions will ensure accurate forecast and risk modeling3. Performing root-cause analysis to understand drivers of the NII forecast and Interest Rate Risk variances4. Researching ad hoc analysis for new products, new modeling, strategic initiatives, and overall trends for all balance sheet products, including capital markets, funding desk transactions as well as the Auto, Corporate Finance and Consumer Bank business units### The Work Itself* Core Responsibilities including applying sound technical knowledge (specific responsibilities will vary depending on the aligned functions/area):+ Variance analysis of Net Interest Income (NII) of actual data vs forecasted assumptions+ Interest Rate Risk position analysis vs prior current position+ Work closely with all lines of business across Ally, various finance, data, BSM, Capital Markets and Treasury teams for assumptions and analytics+ Accurately source and transform data using SQL, VS Code (Python), and Excel+ Support initiatives to automate data sourcing and delivery with other Treasury teams+ Responsible for reporting on Current Position roll forward and corresponding impacts as well as various other team initiatives and projects+ Strategic and ad-hoc analysis as needed### The Skills You Bring**Minimum Qualifications*** 1+ years of experience* High School Diploma or GED equivalent**Preferred Qualifications*** Bachelor's degree, preferred degree in quantitative discipline such as engineering, mathematics, computer/data science, economics, or finance* Exhibit a strong work ethic and high degree of self-motivation with strong attention to detail* Analytical capabilities to review large data sets and understand drivers of variances, solving for key factors in output changes* Ability to research and understand financial instruments and products as well as their behavioral setup within QRM databases and excel models* Desire to pursue advanced finance programs (CFA, master’s in finance, etc.) or advanced certifications and degrees* Ability to communicate effectively Increasing ability to work with limited supervision while applying previous experience to execute moderately complex tasks* Advanced MS Excel (Index Match, pivot tables, etc.) and PowerPoint skills* Developing technical expertise, business and industry knowledge, and process and leadership capabilities* Developing project management, analytical and judgment skills and the ability to influence others and build consensus* SQL and Python knowledge, a plus### How We'll Have Your BackAlly's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:* **Time Away:** Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).* **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 pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial 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 that helps you and your family stay on track physically, socially, emotionally, and financially.* **Building a Family:** adoption, surrogacy and fertility assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up 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.* To view more detailed information about Ally’s Total Rewards, please visit this link: 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 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.**Base Pay Range**: $55000 - $95000 USDAn individual's position in the range is determined by the specific role, 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.Incentive Compensation: This position is eligible to participate in our annual incentive plan.
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