Manager - Third Party Risk Management

Position Description

The Manager of Third Party Risk Management – Data Governance and Reporting is responsible for creating, maintaining, and continuously improving the process for managing engagements with Third Parties across the enterprise. The Senior Director drives the consistent application of the Third Party Risk Management program, policies, and procedures and ensures risks are identified, measured, monitored, and controlled to effectively identify and mitigate risks, specifically Third Party risk, for Ally.

Job Responsibilities

The Manager of Third Party Risk Management – Data Governance and Reporting responsibilities include: maintaining and continuously improving Third Party Risk Management reporting and data quality, engaging with stakeholders to increase integration of Third Party Risk with other business line and IRM functions and leading third party risk initiatives and project including enhancements to Risk Appetite, Key Risk Indicator and Key Performance indicators.

Qualifications

The qualifications for the Manager - of Third Party Risk Management role include: a BS/BA degree, a minimum of 5-7 years of pertinent experience in Risk or an applicable Business Line (e.g., Supplier Management, Sourcing, Procurement, Audit, Legal or Compliance), preferably in financial services or similar industries, and extensive experience identifying and managing risk; strong understanding of the banking industry's federal guidance and regulatory requirements and knowledge of risk management methodologies. Other key qualifications include:

• Technical and analytical expertise to support development of reporting - Microsoft suite with advanced Excel abilities required with working knowledge of VBA in Excel, SQL, Python, or other data analysis languages strongly preferred.
• Familiarity with SharePoint advanced features a plus
• Familiarity with key risk areas and knowledge of common risk management methodologies, problem-solving and decision-making skills, and the ability to execute projects and process improvements.
• Ability to maintain and enhance key TPRM reporting/initiatives including Risk Appetite, Key Risk Indicators, development of Key Performance Indicators, Third Party concentration framework, fourth party /subcontractor relationship management and support of TPRM monitoring and testing activities.
• Ability to self-prioritize tasks, work collaboratively, and support multiple assignments in a fast-paced environment; strong organizational and communication skills, both written and verbal, with the ability to comfortably interact with various levels of management.
• Continuous improvement and automation mindset
• Ability to independently problem solve in scenarios where a precedent does not exist
• Ability to multi-task, handle competing priorities and follow through on commitments

Ally Overview

Ally Financial Inc. (NYSE: ALLY) is a leading digital financial services company and a top 25 U.S. financial holding company offering financial products for consumers, businesses, automotive dealers and corporate clients. Ally's legacy dates back to 1919, and the company was redesigned in 2009 with a distinctive brand, innovative approach and relentless focus on its customers. Ally has an award-winning online bank (member FDIC), one of the largest full service auto finance operations in the country, a complementary auto-focused insurance business, a growing digital wealth management and online brokerage platform, and a trusted corporate finance business offering capital for equity sponsors and middle-market companies.

Business Unit/Enterprise Function

Ally Risk function manages and analyzes our exposure to internal and external risk factors. The group strives to achieve an appropriate balance between risk and return, to limit unnecessary risk, and to protect the company’s financial returns.

Total Rewards Information

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: benefits to help you plan for the near and long term including 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 family stay on track physically, socially, emotionally and financially.
• Building a Family: adoption, surrogacy and fertility support as well as benefits that help you take care of your family - parental and caregiver leave, back-up child and adult/elder day care program and child-care discounts.
• Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Ally is an Equal Opportunity Employer

We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's 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.