Ally Financial

Senior Counsel- Consumer Bank

Ally Financial$110K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Law Degree from a reputable law school
  • Bar membership in good standing required
  • 3+ years of relevant legal experience
  • Knowledge of federal statutes and regulations related to consumer banking
  • Experience in financial services is preferred

Responsibilities

  • Provide practical legal guidance on risks and issues
  • Review escalated complaint responses
  • Evaluate marketing strategies and campaigns
  • Assess internal policies and training materials
  • Negotiate vendor contracts
  • Act as a trusted business partner and creative problem-solver
  • Collaborate with Legal, Compliance, and Government Relations teams

Benefits

  • 20 paid time off days plus 11 paid holidays and 8 hours of volunteer time off
  • Industry-leading 401K with matching contributions
  • Flexible healthcare options including insurance and HSA
  • Support for family-building with adoption and fertility assistance
  • Mental health support and employee assistance programs
Full Job Description
General information

Career area
Legal

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

Remote?
No

Ref #
22419

Posted Date
06-25-26

Working time
Full time

The Opportunity

This role is on a hybrid schedule in office some each week with some remote work. This role will be in our Detroit, Michigan or Charlotte, North Carolina office. Some travel required currently a few times per year.

Senior Counsel will report to the Assistant General Counsel supporting Ally's Deposits business, who reports to the Deputy General Counsel - Business Line Lead. This Senior Counsel position will focus primarily on providing legal advice to identify and mitigate legal risk associated with the provision of consumer deposits products, including digital payments processes, fraud and financial crime, marketing, and customer care and advocacy. The Senior Counsel will also work collaboratively on a team of legal professionals supporting Ally's Consumer Banking business including special Consumer Bank projects, as well as stay informed of changes and developments in consumer banking laws and regulations.

The legal support will include review of various business initiatives, marketing, contract review, complaints, and regulatory changes.

The Work Itself

Senior Counsel will collaborate closely with the Assistant General Counsel to provide legal guidance on Ally's deposits operations and business initiatives, including:
  • Provide practical and prompt legal guidance on legal risks and issues.
  • Review escalated complaint responses.
  • Review marketing strategies and marketing campaigns.
  • Review internal policies and training materials.
  • Help negotiate vendor contracts.
  • Serve as a trusted business partner and creative problem-solver.
  • Collaborate with other members of the Legal and Compliance Staff and Government Relations team, as needed.


The Skills You Bring

Minimum Qualifications:

  • Law Degree from a reputable law school
  • Bar membership in good standing required to practice law in designated/required jurisdiction
  • 3+ years of relevant experience
Preferred Qualifications:


  • Juris Doctor from a top tier law school
  • Bar membership in good standing
  • Ideal candidate will have 3+ years' experience in law firm, corporate legal office, or government regulator.
  • Knowledge of relevant federal statutes and regulations, including CFPA, UCC, TISA, ESIGN, TCPA, and FCRA as well as relevant state consumer protection laws preferred.
  • Experience in financial services preferred.
  • Ability to independently manage multiple assignments in a high-volume environment.
  • Alignment with Ally's culture, including a contagious enthusiasm for serving others, being inclusive, and excelling together.
  • Unquestioned reputation for ethical conduct and integrity
  • Exemplary written and oral communication skills
  • Intellectual curiosity and entrepreneurial zeal
  • Strong work ethic and ownership, goal-oriented mentality
  • Intellectual curiosity and entrepreneurial zeal
  • Strong work ethic and ownership, goal-oriented mentality

#LI- Hybrid


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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