Ally Financial

Manager - Compensation

Ally Financial$110K — $180K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7+ years of relevant experience or equivalent education/experience combination
  • High school diploma or GED equivalent
  • Experience in compensation analysis or administration in complex organizations
  • Strong analytical skills and advanced Excel proficiency
  • Excellent oral and written communication skills
  • Strong relationship management skills with HR and business stakeholders
  • Bachelor's degree in Human Resources, Business, Finance, or related field

Responsibilities

  • Own broad-based compensation programs, ensuring consistent administration
  • Lead compensation analysis and modeling for decision-making
  • Manage market pricing and benchmarking activities
  • Oversee components of the annual compensation cycle
  • Support variable incentive compensation activities by managing documentation and reporting
  • Develop and maintain compensation policies and training materials
  • Monitor compensation data for effectiveness and recommend improvements
  • Contribute to compensation projects such as pay transparency and job architecture

Benefits

  • 20 paid time off days plus 11 paid holidays and 8 hours of volunteer time off
  • Industry-leading 401K retirement savings plan with matching contributions
  • Flexible health and insurance options including medical, dental, and vision
  • Adoption, surrogacy, and fertility assistance along with paid parental leave
  • Employee Assistance Program and subsidized wellness programs
  • Potential for travel allowances, relocation assistance, signing bonuses, or equity
Full Job Description
General information

Career area
Human Resources

Work Location(s)
500 Woodward Avenue, MI, 601 S. Tryon Street, NC

Remote?
No

Ref #
22702

Posted Date
07-09-26

Working time
Full time

The Opportunity

This role is based in our Detroit or Charlotte office on a hybrid schedule, in office weekly with some remote work.

As a Manager, Compensation, this is an individual contributor role where you will support broad-based compensation programs and processes across the enterprise. This role provides leadership for core compensation work, including market pricing, salary structure support, annual compensation planning, variable incentive compensation support, pay equity analysis, policy and process documentation, reporting, and compensation-related projects.

You will partner with Compensation teammates, HR, and business stakeholders to help ensure compensation programs are administered consistently, recommendations are well supported, and processes are carried out effectively. This role is a good fit for someone who is analytical, detail-oriented, and comfortable managing multiple priorities while operating with a high degree of independence.

The Work Itself
• Own assigned broad-based compensation programs, processes, and guidelines, which may include salary programs, annual compensation planning activities, and selected variable incentive compensation processes, helping ensure they are administered consistently and in line with Ally's compensation philosophy and governance standards.
• Lead compensation analysis and modeling to inform pay decisions, program recommendations, annual planning, and selected variable incentive compensation decisions or program assessments.
• Manage market pricing and benchmarking activities for assigned work.
• Oversee key components of the annual compensation cycle, which may include planning support, testing, exception review, reconciliation, reporting, and post-cycle assessment.
• Support and oversee selected variable incentive compensation activities, which may include plan administration, documentation, reporting, modeling, governance, and process improvement work.
• Develop and maintain compensation policies, process guidance, job aids, training materials, and related documentation to support clear standards and strong execution.
• Monitor compensation data, program outcomes, and process effectiveness, and recommend improvements that strengthen governance, accuracy, and scalability.
• Lead or contribute to control-focused work such as pay equity analysis, FLSA-related review, data quality checks, and process improvements that support disciplined compensation practices.
• Lead and participate in compensation and HR-related projects as assigned, which may include job architecture work, pay transparency readiness, Workday-related enhancements, workflow improvements, or other enterprise initiatives.

The Skills You Bring

Minimum Qualifications:

  • 7+ years of relevant experience or an equivalent combination of education and experience.
  • High school diploma or GED equivalent.

Preferred Qualifications:
  • Experience managing compensation analysis, compensation administration, or compensation program work in a complex organization.
  • Strong analytical skills, including advanced Excel skills and the ability to analyze compensation data, model scenarios, and develop recommendations.
  • Strong oral and written communication skills with the ability to communicate complex information clearly and effectively.
  • Strong relationship management skills with experience partnering across HR and business stakeholders.
  • Bachelor's degree in Human Resources, Business, Finance, or a related field.
  • Experience supporting broad-based compensation programs in a large, complex organization.
  • Experience in one or more of the following areas: market pricing, salary structure administration, annual compensation cycles, pay equity analysis, policy management, job architecture, pay transparency, or compensation controls.
  • Experience with Workday compensation processes or other systems used for compensation administration and reporting.
  • Project management experience and demonstrated ability to streamline and simplify processes.
  • PHR, CCP, or similar certification.


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 : $110000 - $180000 USD

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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