Ally Financial

Field Auditor/Examiner

Ally Financial • $65K — $115K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business with a focus on accounting or finance preferred, or relevant education and experience.
  • Minimum 1 year of collateral audit experience in banking or commercial finance contexts or public accounting.
  • CPA certification is preferred.
  • Advanced proficiency in Microsoft Office tools.
  • Strong verbal, written, and interpersonal communication skills.
  • In-depth understanding of asset-based lending principles.
  • Sharp analytical skills for assessing financial metrics and a keen attention to detail.

Responsibilities

  • Conduct collateral examinations to ensure adherence to protocols and customer responsiveness.
  • Manage assignment workload through meetings with the Head of Audit.
  • Oversee timely completion and distribution of audits while engaging with field examiners.
  • Communicate significant findings and recommendations to management.
  • Establish tracking systems for examining exceptions and their resolution.
  • Assist in developing and monitoring audit policies to ensure compliance with credit standards.
  • Perform evaluations of examiners and departmental efficiency regularly.

Benefits

  • 20 paid time off days, 11 paid holidays, and 8 hours of volunteer time off annually.
  • 401K plan with matching contributions and additional financial assistance programs.
  • Flexible health insurance options, including medical, dental, and vision coverage.
  • Support for family building, including adoption and fertility assistance, plus paid parental leaves.
  • Employee Assistance Program and wellness benefits, including Weight Watchers discounts.
Full Job Description
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The Opportunity
This role is in our Getzville, NY office. There may be up to 25% travel in this role.

The Commercial Bank Auditor with a focus on Health Care Real Estate Loans is responsible for performing collateral audits and identifying collateral risks and providing solutions. This role will conduct and facilitate complex field examinations of borrowers and prospective borrowers' financial records, with emphasis on validating that financial records represent sound accounting procedures. This function assists in the implementation of collateral control procedures, loan related performance metrics and assessment of clinical compliance. The candidate possesses business acumen, demonstrates creativity and interpersonal savvy, makes timely decisions, attracts, and develops highly qualified direct reports and has excellent presentation and time management skills.
The Work Itself
  • Performance of collateral exams ensuring productive performance, responsiveness to customer needs, and adherence to prescribed controls, policies, and procedures. Conduct audit report reviews.
  • Manage workload, assignments and scope via pre-loan meetings with the Head of Audit, as necessary.
  • Monitor timely completion and distribution of exams. Regularly visit and interact with field examiners working at borrower location to manage examination procedures and borrower needs.
  • Communicate and escalate significant exam findings / recommendations to the appropriate manager.
  • Manage tracking mechanism for communication, escalation, aging, and resolution of field exam exceptions.
  • Assist in establishing, modifying, and monitoring audit programs and reporting policies/procedures to help ensure compliance with credit policy.
  • Perform periodic examiner and departmental assessments including monthly quality/efficiency analyses, quarterly timeliness analyses and annual staff reviews.

The Qualifications We're Looking For

  • Bachelor's degree in business with an emphasis in accounting or finance preferred, or combination of education and experience
  • 1+ years collateral audit experience in bank asset based lending or commercial finance environment or public accounting firm
  • CPA preferred
  • Advanced Microsoft Office skills
  • Excellent verbal, written, and interpersonal communication skills
  • Extensive knowledge and understanding of asset based lending principles
  • Strong analytical skills including the ability to analyze financial metrics
  • Strong attention to detail
Minimum Qualifications

  • 1+ years of experience
  • High school Diploma or GED equivalent

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. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:

Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).

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 pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.

Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, 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 assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.

Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Other Compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.

To view more detailed information about Ally's Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

Base Pay Range
$65,000.00 - $115,000.00
An individual's position in the range is determined by the specific role, 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.

Incentive Compensation:

This position is eligible to participate in our annual incentive plan.

About Ally Financial

Ally Financial Careers

Joining Ally Financial means becoming part of a team committed to growth, innovation, and leadership. As a leading digital financial services company, we offer a range of job opportunities that empower professionals to excel in their careers. At Ally Financial, we believe in fostering a culture that embraces diversity, encourages professional development, and supports our team members through comprehensive benefits and a nurturing environment.

Work You’ll Do

At Ally Financial, you will collaborate with some of the brightest minds in the industry. Our team is dedicated to redefining the financial landscape through innovation and top-tier financial solutions. Whether you are looking for a position in finance, technology, customer service, or management, Ally Financial provides a platform where your skills will be honed and your professional aspirations realized.

Explore Our Job Opportunities

We are constantly expanding our team and looking for new talent who are passionate, curious, and driven. Explore our wide range of open positions from entry-level to senior leadership roles. Ally Financial values the unique perspectives and experiences each team member brings, making us stronger and more innovative.

Internship Programs

Kickstart your career with an Ally Financial internship. Our programs provide invaluable industry exposure, professional skills development, and a chance to network with leaders across the company. Internships at Ally Financial are your gateway to understanding the financial sector from the inside out and gaining hands-on experience that complements your academic learning.

Employee Benefits and Culture

Ally Financial is committed to the well-being and continuous growth of our employees. We offer robust benefits including health, dental, and vision insurance, retirement plans, and generous paid time off. Our culture is centered around inclusivity, respect, and collaboration, making Ally Financial a great place to work.

Professional Development and Training

We invest in our employees through ongoing professional development and leadership training programs. At Ally Financial, you have access to a variety of training resources and workshops designed to enhance your job performance and leadership capabilities. Our commitment to your growth is reflected in our efforts to ensure all team members are equipped for success in an ever-evolving financial landscape.

Diversity and Innovation

Diversity is at the core of our operations and strategic initiatives. At Ally Financial, we are dedicated to creating an environment where diverse ideas and perspectives lead to innovative solutions. Our diversity training programs are part of our commitment to an inclusive workplace, where everyone’s contribution is valued.

Join Our Team

Are you ready to advance your career at a company that values your skills and offers the opportunity to work on transformative projects? Search Ally Financial jobs that match your skills and interests. We are looking for creative, solution-driven team players who are ready to make an impact.

Stay Connected

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Apply Now

Ready to take the next step in your career? Submit your resume, complete your application, and prepare for an interview where you can showcase your unique abilities. At Ally Financial, your future is waiting.
Learn more about Ally Financial
Size
10,500 employees
Market Cap
$6.9 billion
Industry
Net Income
$1 billion
Founded
2017
5 Year Trend
+0.8%
NASDAQ

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