Analyst - Loss Forecasting

Analyst - Loss Forecasting

01 Oct 2024
Texas, Austin, 73301 Austin USA

Analyst - Loss Forecasting

General informationRef # 18542Remote? NoAlly and Your CareerAlly 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

As a leader in digital financial services, our customer and employee experiences run on data. We depend on the Ally analytics community to fuel these journeys and to help nearly 10,000 leaders and employees make countless data-driven decisions every day. Our analytics community has hundreds of analytics professionals across Ally in communities focused on business analytics, data science, R, Python, Power BI and more and continues to grow every day.

We are looking for a dynamic and self driven individual with excellent communication skills and a background in business analytics, and strong logic and problem solving.

This position’s responsibility is centered on loss forecasting for our indirect automotive portfolio and using analytical capabilities to understand key Business Metrics. The ideal candidate would be detail oriented, with ability to sift through voluminous amounts of information to pinpoint which items are relevant to understanding Business results.

The Work Itself

Manage complex models to forecast key metrics for the Business and will be a key point of contact for the Auto Business’s Forecast and Planning routines.

Analyze monthly results, seasonal trends, and variances; identify problems and research potential recommendations for adjustments to Forecast.

Apply sound control processes into daily/weekly/monthly processes to effectively identify, assess, and manage risk.

Maintain code logic to query for data, sanitize, aggregate, conform, and produce forecasts for various metrices accurately.

Perform portfolio analytics, special projects, drill down analysis and other duties as needed.

Present Forecast and Business Plan to leadership in forecast review calls

Collaboratively work with other team members to ensure alignment on Business Forecast and expectations. Interface with various stakeholders within credit risk, finance and Strategy teams to incorporate inputs and insights into forecast.

Apply knowledge of business and balanced judgment in interpretation of data (analytics).The Skills You Bring

Bachelor’s degree; BS or BA in Finance, Economics, Statistics, Accounting, Information Technology or related field.

3 to 5 years' experience in similar or equivalent position preferred.

Experience and knowledge of consumer financing industry (e.g. auto, card, mortgage etc.).

Demonstrate a solid understanding of data querying and analytical techniques.

Working knowledge of statistics and models preferred.

Candidate should possess outstanding analytical and problem-solving skills.

Minimum 2 years of practical experience working with large datasets with SQL knowledge. Power BI, Python, Intermediate level Excel and Power Point.

Quick learner and has demonstrated ability to initiate, develop and execute small to medium scale projects.

Work well within a team of analysts and collaborate with individuals with technical and non-technical backgrounds.

Candidate must have strong attention to detail.

Excellent written and verbal communication skills, including the ability to effectively present material.Experience in automotive or financial services industry is a plus.How We'll Have Your BackAlly'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:Emerging: 55000Experienced: 67500Expert: 80000Incentive Compensation: This position is eligible to participate in our annual incentive plan

Related jobs

  • Description

  • Description We are in search of a Financial Analyst to become an integral part of our team in the Healthcare, Hospitals, and Social Assistance industry located in Austin, Texas. The Financial Analyst will play a crucial role in evaluating and interpreting financial data, creating reports, and providing support in decision-making processes to advance our financial objectives. This role offers an exciting opportunity to collaborate with different departments, ensuring business objectives are in line and contributing to strategic financial planning.

  • You could be the one who changes everything for our 28 million members. Centene is transforming the health of our communities, one person at a time. As a diversified, national organization, you’ll have access to competitive benefits including a fresh perspective on workplace flexibility.

  • The Systems Analyst (SA) plays a key role in bridging business needs and technical solutions within the IT environment. The SA is responsible for coordinating across all IT functions on behalf of the customer(s) to assist with, capturing business needs, developing roadmaps aligned cross-functional needs, and supporting product planning and delivery.

  • What Contract Performance and Data Analytics brings to Cardinal Health

  • developer/programmer analyst 3.

  • Are you interested in working in a dynamic environment that offers opportunities for professional growth and new responsibilities? Are you interested in helping clients drive alignment with their business, improve organizational and human resource performance and establish a culture focused on adding business value? That is what the new generation of human resource transformation is all about. If you are seeking a role that offers you the opportunity to advise Government and Public Services (GPS) clients through critical and complex issues, while allowing you to develop personally and professionally, consider a career in Deloitte\'s Human Capital practice.

Job Details

Jocancy Online Job Portal by jobSearchi.