Analyst II - Balance Sheet Management

About the role

Reporting to the BSM Data Analytics Manager, the Treasury Analyst II supports the Current Position, 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.

Responsibilities

• 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
• Report on Current Position roll forward and corresponding impacts as well as various other team initiatives and projects
• Strategic and ad-hoc analysis as needed

Requirements

• 1+ years of experience
• High School Diploma or GED equivalent
• Bachelor's degree, preferred in quantitative discipline such as engineering, mathematics, computer/data science, economics, or finance
• 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
• 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

Qualifications

• 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

Skills

• Minimum Qualifications: Strong work ethic and high degree of self-motivation with strong attention to detail
• Minimum Qualifications: Analytical capabilities to review large data sets and understand drivers of variances, solving for key factors in output changes
• Minimum Qualifications: Ability to research and understand financial instruments and products as well as their behavioral setup within QRM databases and excel models
• Minimum Qualifications: Desire to pursue advanced finance programs (CFA, master’s in finance, etc.) or advanced certifications and degrees
• Minimum Qualifications: Advanced MS Excel (Index Match, pivot tables, etc.) and PowerPoint skills
• Minimum Qualifications: Developing technical expertise, business and industry knowledge, and process and leadership capabilities
• Minimum Qualifications: Developing project management, analytical and judgment skills and the ability to influence others and build consensus
• Minimum Qualifications: SQL and Python knowledge, a plus

Benefits

• 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.

Pay

Base Pay Range: $55000 - $95000 USD

Schedule

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.