**General information** **Ref #** 20564 **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** This role is on a hybrid schedule in Detroit or Charlotte. The Operational Loss Manager will lead the Enterprise Operational Loss Program. The manager will oversee the adherence to the Enterprise Operational Risk Loss Management Standard and the Operational Risk Management Framework for Ally. The successful candidate must demonstrate strong communication and leadership skills and be capable of providing direction and collaborate with Independent Risk Management (IRM), Business Lines (BL), and Data Sources to implement and maintain sound risk management practices. **The Work Itself** * Establish and manage Operational Loss processes and routines to drive ongoing oversight and enforcement of standards across the enterprise to enable a strong risk management culture. * Implement policy, framework, standards, procedures, and supporting technology for the Enterprise Operational Risk Loss Program. * Provide guidance and subject matter expertise/training to all Program partners, as required, in support of compliance with Operational Loss (including Stress Testing) Program, including integration with other operational risk framework components. * Ensure all processes, standards, and procedures are kept current, consistent with documentation, reviewed periodically for compliance, and assessed against the business need and risk appetite framework. * Manage and guide the CPST exercise execution and the Operational Loss Capital Planning submission. * Analyze data to draw relevant conclusions and communicate key findings to the Operational Risk Leadership team. * Lead Operational Loss data quality maturity and analytical/reporting enhancements. * Provide subject matter expertise in Operational Loss improvement initiatives (Loss data assessment, Archer enhancements, methodology/modeling approaches for Operational Loss forecasting for stress testing, etc.). * Lead external research and benchmarking to enhance, update and maintain sound Operational Risk Management practices in alignment with regulatory requirements and industry standard methodology. * Hire, train, and manage staff. * Provide periodic updates to Senior Director and executive leadership through reporting routines. · **The Skills You Bring** * Bachelor's degree required: MBA or advanced degree preferred * 5+ years of relevant experience in Risk Management, Finance, Accounting , or Audit within the financial services industry; a background in Operational Losses, Loss Forecasting/Modeling is preferred. * Strong leadership skills with the ability to lead, coach, mentor, and delegate. Experience managing multiple team members is preferred. * 2 +years of experience with GRC tools preferred (e.g., Archer or equivalent experience) * Must be self-motivated, willing to take on initiative, capable of working independently, and manage through ambiguity to produce results * Demonstrated ability to design, implement and manage process change including automation of data capture and data quality/reconciliation processes. * Working knowledge of risk management components (e.g., policy/procedures, governance, reporting, risk control self-assessments, issue management) in a regulated environment. * Strong leadership and managerial skills (attention to detail, fast paced, self-directed, organized, etc.) with a proven track record of increasing responsibilities within the organization. * Strong influencing and communication skills and ability to provide advice/direction to all levels of employees and management. * Expert proficiency with Microsoft products (e.g., Excel, Word, PowerPoint, Visio, etc.) **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 401K 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 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. 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 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:** 90000 **Experienced:** 120000 **Expert:** 150000 Incentive Compensation: This position is eligible to participate in our annual incentive plan