Ally
is hiring
Business Analyst, Commercial
Country
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Industry
Financial
Workplace
Onsite
Employment Type
Full Time
Experience
5 - 10 years
Salary
$70,000 - $120,000
Website:
https://www.ally.com/
Posted on:
April 1, 2024
About Our Company
Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients.
Job Description & Responsibilities
The Opportunity
- As a part of the New Business team, the Sr Analyst – Business Development is responsible for identifying and analyzing growth and profit opportunities. The position may include completing due diligence / financial analysis on new wholesale and loan acquisitions. The role may require dealer interface / service; monitoring of Dealer portfolios; concentrating on areas of growth, risk and loss prevention; critical analysis of financial statements and frequent contact with dealership personnel, matrix partners and outside stakeholders. Position may include the structuring of new business proposals to achieve conquest growth targets
The Work Itself
- Identify growth opportunities within portfolio.
- Seek opportunities to drive additional efficiencies and effectiveness into the commercial lending processes.
- Manage and grow new business opportunities.
- Assist with the structuring of new business proposals.
- Understand wholesale and loan programs.
- Demonstrate a very strong ability to assess complicated new business proposals, structure commercial proposals to meet the needs of dealers and Ally.
- Champion the new business transactions through the closing process.
- Develop renewal strategies for dealers with maturing dealer loans.
- Collect and analyze competitive information; understand how to compete in the commercial space.
Requirements
The Skills You Bring
- HS diploma or equivalent required.
- Bachelor's degree in related field strongly preferred.
- 5 + years in customer service or financial services industry is needed.
- Ability to provide advice/direction in primary areas of expertise Leveraging technical expertise and relationships to contribute to strategy and drive business results Contribute to and manage projects Proficient in intermediate MS applications (Word, Excel, Access, PowerPoint and Outlook)
What we offer
Ally'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: 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date)
- 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: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf
