• Job Description

  Req#: 15966

  General information

  Career area

  Risk

  Work Location(s)

  601 S. Tryon Street, NC, WFH - Alabama, AL, WFH - Alaska, AK, WFH - Arizona, AZ, WFH - Arkansas, AR, WFH - California, CA, WFH - Colorado, CO, WFH - Connecticut, CT, WFH - Delaware, DE, WFH - District of Columbia, DC, WFH - Florida, FL, WFH - Georgia, GA, WFH - Hawaii, HI, WFH - Idaho, ID, WFH - Illinois, IL, WFH - Indiana, IN, WFH - Kansas, KS, WFH - Kentucky, KY, WFH - Louisiana, LA, WFH - Maine, ME, WFH - Maryland, MD, WFH - Massachusetts, MA, WFH - Michigan, MI, WFH - Minnesota, MN, WFH - Mississippi, MS, WFH - Missouri, MO, WFH - Montana, MT, WFH - Nebraska, NE, WFH - Nevada, NV, WFH - New Hampshire, NH, WFH - New Jersey, NJ, WFH - New Mexico, NM, WFH - New York, NY, WFH - North Carolina, NC, WFH - North Dakota, ND, WFH - Ohio, OH, WFH - Oklahoma, OK, WFH - Oregon, OR, WFH - Pennsylvania, PA, WFH - Rhode Island, RI, WFH - South Carolina, SC, WFH - Tennessee, TN, WFH - Texas, TX, WFH - Utah, UT, WFH - Vermont, VT, WFH - Virginia, VA, WFH - Washington, WA, WFH - West Virginia, WV, WFH - Wisconsin, WI, WFH - Wyoming, WY

  Remote?

  Yes

  Ref #

  21733

  Posted Date

  02-20-26

  Anticipated Application Closing Date

  02-27-26

  Working time

  Full time

  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 a fully remote opportunity or can be on a hybrid schedule based out of our Charlotte, NC office.

  The Model Validation Analyst II is responsible for executing best-practice model testing and validation activities to ensure models across Ally are conceptually sound relative to their intended use, executing the appropriate controls, and performing appropriately.

  The Work Itself

  
  

  • Validate the performance and controls of quantitative models across Ally.
  • Reproduce model results independently using statistical or programming tools.
  • Identify model risks and provide recommendations to mitigate those risks.
  • Assess compliance with internal model risk governance frameworks.
  • Document and present findings to the model validation leader and Senior management.
  • Develop and maintain effective partnerships with participants / stakeholders within Ally's model risk management community.
  • Promote knowledge sharing with other analysts in MRM.
  • Provide thoughts for leadership to advance model risk management through presentations, workshops, demonstrations, and automation.
  • Support regulatory examination and internal audits

  The Skills You Bring

  Minimum Qualifications

  • 1 year of experience
  • HS Diploma or GED equivalent

  Preferred Qualifications

  Education

  • Master's degree in economics, mathematics, finance, statistics, risk management, computer science, or any related field
  • Ph.D. in finance, economics, statistics or related field

  Experience

  • 1 - 3 years in banking / financial services industry; Quantitative model development and/or validation experience.
  • Familiarity with market risk, credit risk (underwriting, loss forecasting, portfolio management), operational risk measurement, marketing models, and stress testing methodologies / quantitative analytics.
  • Experience or knowledge in market risk is highly desired.
  • Strong familiarity with regulatory guidance in the model space (i.e. SR 11-7).
  • Proficient of statistical, mathematical, machine learning and quantitative methods used in model validation.
  • Ability to assess model conceptual soundness, inherent weaknesses, performance, and controls
  • Ability to challenge model frameworks through benchmark/challenger model development using advanced modeling techniques.
  • Demonstrated analytical approach to complex processes.
  • Advanced knowledge of a statistical programming package.
  • Advanced knowledge of Python/PySpark, experience with AWS, intermediate knowledge of R, SQL is highly desired as well as experience using a cloud computing environment.
  • Strong data analytical skills

  Personal Competencies

  • Adept at working in a multi-faceted organization
  • Strong technical writing and verbal communication skills
  • Internally motivated to drive process improvement
  • Superior time management skills

  
  

  #LI-Remote

  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: 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: 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 hrpolicy@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 : $65000 - $115000 USD

  An 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.

• About the company

  Ally Financial is a bank holding company organized in Delaware and headquartered in Detroit, Michigan.

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