Third Party Risk Management-Manager - Ally Financial Inc. - Detroit, MI

Position Description The Third Party Risk Management (TPRM) Manager is responsible for providing support function activities to all assigned Business Lines (BLs) who contract with Third Parties to provide goods and services. This position will develop strong relationships with their BL Executives and teams to ensure adherence to the Third Party Risk Management program. Regular interactions, including presentations, within BL meetings will be an integral part of this position. This position also regularly interacts with many internal Ally teams, including Audit, Legal, Finance, Supply Chain, Operational Risk and Affiliate Governance. Job Responsibilities Develop and maintain strong relationships with BL Executives, Relationship Owners (ROs) and business partners. Understanding of applicable Federal guidelines and regulations related to managing Third Party risk inclusive of FRB sr1319a1, FIL 44-2008, OCC 2013-29, BSCA and any other applicable federal guidelines and regulations. Ensure BL adherence to Ally's Third Party Risk Management policy and procedures. Develop a deep understanding of the Bs and services provided by the BL's Third Parties. Communicate consistently and effectively TPRM processes and any process changes with all key stakeholders and various levels of management. Support the Director and Senior Director of TPRM, TPRM team and internal/external partners (e.g. Audit and Regulators, B Executives, etc.) for various risk routines. Continuous improvement of the Third Party risk management process Execute flawlessly the TPRM process, including but not limited to risk assessment validation, Third Party performance evaluation review and challenge, issues management remediation, BSCA review and reporting and Third Party Contingency Planning. Provide deep insight into Third Party performance including analysis of key metrics, reporting of risk data and integration of supplemental Third Party information. Prepare reports and report out to assigned BLs regularly on supplier performance, risks and issues. Support ongoing development, updating and refinement of the Third Party Risk Management policy, procedures and related process. Create, review and communicate Third Party performance scorecards, quarterly business reviews and annual assessments with LOBs. Ensure timely completion of special projects and initiatives as assigned. Partner with Ally Supply Chain Management, Legal, Compliance, Information Protection, Operational Risk, and various other internal groups to ensure a consistent and smooth operation of the Third Party Risk Management policy, procedures and process. Develop and manage personnel, including providing routine and constructive feedback, completing mid-year and end of year performance evaluations, assisting with hiring and on boarding new hires, maintaining accurate time keeping records and support Ally's Lead values and culture. Qualifications BA/BS required in business, accounting, finance or related field. 7-10 years relevant experience in the financial services industry or related field; related work experience could include Risk Management, Supplier Management, Sourcing, Procurement, Audit, Legal or Compliance. Understanding of federal banking guidelines/requirements. Ability to interact with a variety of internal and external people in a professional manner that creates confidence in his/her knowledge and abilities and helps foster mutually satisfactory resolution to risk gaps and issues. Strong organizational skills; ability to establish priorities, multi-task, handle competing priorities and follow through on all open items/tasks. Decision making and ability to clearly articulate decisions in a team atmosphere Demonstrated ability to execute projects and process improvement activities. Working knowledge of risk components (e.g., policy/procedures, governance, reporting, self-assessments, loss event capture) in a regulated environment (e.g., FDIC, FFIEC, FRB, OCC guidelines). Results oriented yet team player. Strong written and verbal communication skills including the ability to summarize complex issues. Self-starter with ability to manage rapidly changing priorities and opportunities in a fast-paced environment with little direction. Detail-oriented with strong analytical/problem solving skills. Customer oriented mindset with a drive to deliver high quality results. Solid technical skills in the use of Microsoft desktop tools (e.g. Excel, PowerPoint, Word, etc.). 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 Risk function manages and analyzes our exposure to internal and external risk factors. The group 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 Ally is an Equal Opportunity Employer We extend equal employment opportunities to qualified applicants and employees on an equal basis regardless of an individual's age, race, color, sex, religion, national origin, disability, sexual orientation, gender identity or expression, pregnancy status, marital status, military or veteran status, genetic disposition or any other reason protected by law.

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