Principal Analyst - Portfolio Credit Strategy

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

We are looking for a dynamic professional to join our portfolio credit strategy team. You will help shape credit strategy that will have direct impact to the credit card portfolio. This is an opportunity to join a highly talented and driven team working on solutions to core business problems using cutting-edge analytics.

Ally work locations for this role are Lewisville TX, Wilmington DE, or Charlotte NC. Hybrid schedule with 3 days in office and 2 from home office.

At this time, Ally will not sponsor a new applicant for employment authorization for this position.

The Work Itself

• Drive credit strategies for existing credit card customers. Strategy treatment areas include Credit Line Increase, Closure, Multicard, Product Upgrades, Balance Build, Purchase Stimulation and Retention
• Maintain close integration with Acquisition Strategy counterparts to ensure a tight feedback loop across Acquisition and Portfolio Valuations and Strategies.
• Partner with Decision Science/Modeling partners to influence the statistical model development to be used in portfolio strategies.
• Advance an integrated test-and-learn agenda in concert with the Marketing functions, that seeks to optimize the outcomes.
• Develop and implement analytical frameworks to monitor empirical results of various test and roll-out programs.
• Conduct ad-hoc analyses to drive insights on performance and identify opportunities to optimize the strategy.
• Manage and update valuation models that estimate the unit economics at a highly granular level. Estimate and frequently update the loss and revenue curves for various segments to continually improve the accuracy of valuations and the associated strategies.
  
  

Skills

The Skills You Bring

• 4+ years of relevant experience in a quantitative field required OR Bachelor's degree with 3+ years of relevant experience OR Master's degree with 2+ years of relevant experience
• High degree of expertise with SQL, Excel, and PowerPoint.
• Expertise with Python, Power BI, or other data analysis tools.
• Understanding of unsecured credit as well as extensive knowledge of financial analysis, effective risk management practices, and analytical methodologies.
• Experience in financial services or consulting or corporate strategy.
• The candidate must be extremely comfortable working hands-on with large analytical datasets to perform complex analysis and extract business insights.
• Demonstrated ability to learn rapidly and solve problems dynamically.
• Self-starter; comfortable with ambiguity and open-ended problems.
• Excellent verbal, written, and interpersonal communication skills.
• Demonstrated structured and critical thinking ability.
  
  

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. 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
  
  

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

110000

Experienced

145000

Expert

180000

Incentive Compensation: This position is eligible to participate in our annual incentive plan.