IT Risk Director - Control Testing

Ally Financial   •  

Detroit, MI

Industry: Accounting, Finance & Insurance


8 - 10 years

Posted 178 days ago

This job is no longer available.

Job Description

Position Description

The Information Technology (IT) Risk Director - Control Testing position is responsible for leading the Control Testing program for IT Risk. As part of the Independent Risk Management function, this position will oversee the program for testing key controls within the IT/IS environment. Additionally, this position will be responsible for determining Cyber Event Materiality, as well as coordinating a yearly Cyber Security Program Maturity Assessment. The individual in this role will work with partners in the line of business as well as Governance, Risk, and Compliance functions, to determine business needs and establish strategies and action plans. The position involves frequent interaction with all levels of the organization.

Job Responsibilities

  • Oversight of the IT Control Test Strategy to include:
    • Scope and definition of testing and monitoring plans
    • Roles and responsibilities
    • Standards and practices for testing and monitoring key controls
    • Issues Management protocols
    • Reporting
  • Coach team members in testing methodology, designing test objectives, test execution, and evidence evaluation
  • Monitor change control processes to ensure scheduled / coordinated evaluation of key controls
  • Recommend and manage action plans to address identified risks or failure points based on control testing
  • Implement holistic, centralized report strategy that summarizes results of key control testing and establishes a method for escalating performance indicators and risk issues to lines of business and Enterprise Risk
  • Interact with the Enterprise Operational Risk team to ensure alignment with applicable Enterprise Risk policies and standards
  • Develop and maintain strong working relationships with internal business partners
  • Support needs of IT Risk Management and other stakeholders as needed


  • Minimum 8 years of Banking, Financial Service industries experience is preferred
  • Experience working in Audit, Financial Controls, Governance, or other testing function required
  • Strong understanding of regulatory, and risk management requirements
  • Proven ability to establish new initiatives and successfully implement as well as maintain those initiatives across functions
  • Demonstrated leadership ability
  • Problem solving, decision making, and ability to translate strategy into action
  • Conflict management skills and/or demonstrated the ability to handle difficult situations with clients or team mates
  • Strong organizational and communication skills, with the ability to communicate at all levels within the organization
  • Ability to lead / manage without formal direct reporting authority
  • Ability to support multiple assignments and stakeholders in a fast-paced environment
  • Experience building strong partnerships / relationships
  • Proficiency in computer applications and analysis
  • Expert proficiency with MS Excel, MS Word, and MS PowerPoint
  • Appropriate professional affiliations/certifications (CISA, CISSP, CRISC) required
  • Bachelor's degree in relevant field of study
  • Ability to travel up to 25%

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 Financial's Risk function manages and analyzes Ally's exposure to internal and external risk factors. The function 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 bonus pay potential based on achieving personal and company goals. Plus, we have a flexible paid time-off program with an emphasis on work-life balance.

Ally offers a variety of benefits to protect your health and well-being, provide financial security and balance your work-life needs including:

  • Industry-leading 401K Retirement Savings Plan including Matching and Company Contributions
  • Comprehensive wellness program with financial incentives designed to help you achieve your best health
  • Flexible health insurance options including dental and vision
  • Pre-tax Health Savings Account with generous employer contributions
  • Pre-tax dependent care and commuter benefits
  • Other work-life integration benefits including Paid Parental & Caregiver Leave, Adoption Assistance, Back-up Child & Adult/Elder Care, Child Care Discounts, Tuition Reimbursement, LifeMatters Employee Assistance Program, Weight Watchers and other employee discount programs
  • 18-5714