Director of Regulatory Capital Management recruitment

Director of Regulatory Capital Management

We are Ally Financial

A company with a new approach and a rich history; one that values openness, accountability and honesty. Our company dates back to 1919 and is built on the strong foundation of GMAC Financial Services. Our associates and customers are at the heart of everything we do.

•          We serve more than 15 million customers worldwide and have financed more than 150 million cars/ trucks

•          Ally Financial is ranked the No.1 automotive finance company

•          Money Magazine rated Ally Bank as the Best Online Bank Package  for 2011

•          Ally Financial consistently ranked within Fortune 500 Companies

Ally Financial strives to build a World Class culture that engages a diverse and vibrant team of professionals.  We seek employees who are motivated for success with processes aligned to promote inner-mobility, career growth and leadership development.  Ally Financial remains committed to offering a compelling employment proposition that enables us to expand our dynamic team.  Put your career on a path with a company that’s taking the financial services industry in a new direction and apply today! Visit www.ally.com to learn more.

Director of Regulatory Capital Management

Position Description:

•          Develop and maintain 3 year capital forecasts that are fully synchronized with the corporate earnings and balance sheet projections

•          Execute regular stress tests of capital adequacy, including projections under various macroeconomic scenarios

•          Coordinate with key Treasury, Risk, Finance and line of business partners to improve forecasting accuracy and consistency

•          Improve granularity and accuracy of risk-weighted asset forecasting process

•          Reconcile monthly regulatory reporting results with forecasts

•          Partner with subsidiary entities to develop detailed capital plans including future capital requirements and dividend opportunities

•          Produce standard ad hoc sensitivity and scenario analysis (e.g. asset/LOB sales)

•          Produce standard ad hoc peer capital analysis (e.g. capital levels, capital composition)

•          Coordinate executive and management committee materials pertaining to regulatory capital

•          Work with key contacts at the Federal Reserve, FDIC and U.S. Treasury

Minimum Requirements:

•          Bachelor’s degree in Finance or related field

•          At least 5 years in Corporate Finance or Corporate Treasury, Financial Services experience is preferred

•          Recent experience in regulatory capital strongly preferred

•          Excellent analytical and communication skills

Working at Ally is Rewarding!

Ally's compensation program offers market-competitive base pay and above-market bonus pay potential based on achieving personal and company goals. Plus, we have a flexible paid-time-off program and emphasis on work-life balance.

Ally Offers Competitive Benefits:

•          401K Matching and Company Contributions    

•          Paid Time Off (Roll-over up to 50%)

•          Variable Pay (bonuses)

•          Tuition Reimbursement

•          Comprehensive Health Insurance Coverage

•          Vendor Partnership Discount Program

•          Charitable Gift Contribution Matching

•          Adoption Assistance

Ally is an equal opportunity employer in that our policy, in accordance with federal state laws, prohibits employment discrimination solely on the basis of a person's race, color, creed, sexual orientation, sex, marital status, or disability except where a reasonable, bona fide occupational qualification exists.