Ally Financial

Senior Analyst, Consumer Lending Compliance (Auto)

Ally Financial

Charlotte, NC, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you a highly skilled and experienced compliance professional with a passion for consumer lending? Do you have a strong understanding of auto lending regulations and a proven track record of ensuring compliance within the financial industry? If so, then Ally Financial is looking for you to join our team as a Senior Analyst in Consumer Lending Compliance (Auto).As a Senior Analyst, you will play a critical role in ensuring that our auto lending practices comply with all applicable laws and regulations. You will have the opportunity to work closely with various teams and departments, providing guidance and expertise on compliance matters. In addition, you will have the chance to further enhance your skills and knowledge in a dynamic and fast-paced environment.To excel in this role, you must have a minimum of 5 years of experience in compliance, preferably in the auto lending industry. A strong understanding of federal and state regulations, such as TILA, ECOA, FCRA, and UDAAP, is essential. Additionally, you should possess excellent analytical, communication, and problem-solving skills, along with the ability to work independently and collaboratively.If you are ready to take your career to the next level and make a significant impact in the consumer lending compliance space, then we welcome you to apply for this exciting opportunity at Ally Financial.

  1. Ensure compliance with all federal and state regulations related to auto lending, including but not limited to TILA, ECOA, FCRA, and UDAAP.
  2. Conduct regular audits and reviews to identify potential compliance issues and implement corrective actions.
  3. Develop and maintain strong relationships with various teams and departments to provide guidance and support on compliance matters.
  4. Stay up-to-date with changes in regulations and industry best practices, and communicate any updates to relevant stakeholders.
  5. Investigate and resolve any compliance-related concerns or complaints.
  6. Develop and implement training programs for employees to ensure understanding and adherence to compliance policies and procedures.
  7. Monitor and analyze data to identify trends and potential areas of risk.
  8. Collaborate with the legal team to review and update policies and procedures to ensure compliance with changing regulations.
  9. Conduct risk assessments and make recommendations for improvements to compliance processes.
  10. Serve as a subject matter expert on compliance matters, providing guidance and support to internal and external stakeholders.
  11. Participate in industry forums and conferences to stay informed about emerging compliance issues and trends.
  12. Mentor and train junior analysts to develop their skills and knowledge in consumer lending compliance.
  13. Prepare and present reports on compliance activities to senior management.
  14. Work closely with regulatory agencies and external auditors during examinations and audits.
  15. Continuously evaluate and improve compliance processes and procedures to ensure efficiency and effectiveness.
Where is this job?
This job is located at Charlotte, NC, USA
Job Qualifications
  • Bachelor's Degree In Finance, Accounting, Or A Related Field.

  • Minimum Of 5 Years Experience In Consumer Lending Compliance, Preferably In The Auto Industry.

  • Thorough Understanding Of Federal And State Regulations Related To Consumer Lending, Including But Not Limited To Truth In Lending Act (Tila), Fair Credit Reporting Act (Fcra), And Equal Credit Opportunity Act (Ecoa).

  • Strong Analytical And Problem-Solving Skills With The Ability To Interpret Complex Data And Identify Potential Compliance Risks.

  • Excellent Communication And Interpersonal Skills, With The Ability To Collaborate With Cross-Functional Teams And Effectively Communicate Compliance Requirements To Non-Compliance Professionals.

Required Skills
  • Risk Management

  • Quality Assurance

  • Process Improvement

  • Data Analysis

  • ISSUE RESOLUTION

  • Regulatory compliance

  • Legal Compliance

  • Policy Development

  • Compliance monitoring

  • Project

  • Audit Preparation

  • Training And Education

Soft Skills
  • Communication

  • Conflict Resolution

  • Emotional Intelligence

  • Leadership

  • Time management

  • creativity

  • Critical thinking

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Analyst, Consumer Lending Compliance (Auto) in Charlotte, NC, USA is $70,000-$90,000 per year. This range may vary based on factors such as the individual's experience, education, and the specific company they are employed with.

Additional Information
Ally Financial is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 24th, 2024
Apply BeforeMay 22nd, 2025
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About Ally Financial

Ally Financial provides financial services including car finance, online banking via a direct bank, corporate lending, vehicle insurance, mortgage loans, and an electronic trading platform to trade financial assets.

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