Analyst II - Balance Sheet Management

General information Ref # 22587 Remote? No 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 Reporting 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: Populating monthly ending positions for all line items on Ally’s balance sheet Ensuring the attributes, contractual features and other metadata assigned to all positions will ensure accurate forecast and risk modeling Performing root‑cause analysis to understand drivers of the NII forecast and Interest Rate Risk variances 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 and 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 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 401(k) 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 Equal Opportunity Employer 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. Where permitted by applicable law, must have received or be willing to receive the COVID‑19 vaccine by date of hire to be considered, if not currently employed by Ally. 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 Base Pay Range information 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: 55,000 Experienced: 75,000 Expert: 95,000 Incentive Compensation: This position is eligible to participate in our annual incentive plan. #J-18808-Ljbffr Ally