Ally Senior Auditor - Auto Finance and Insurance in Detroit, Michigan

Position Description

Responsible for executing assigned assurance, advisory and continuous monitoring activities, primarily relating to Ally's Auto Finance and Insurance operations. Responsible for demonstrating skills in assessing process risks, flowcharting business processes including the supporting IT applications, identifying and evaluating the design of controls, executing and documenting audit tests. During the audit process, completes work in accordance with audit methodology, any and all applicable standards, and defined plans, budgets, and schedules.

Job Responsibilities

  • Support audit fieldwork (as a supervised team-member), including: tests of controls and substantive tests of details, analyze business process and internal control documentation, and develop written summaries of audit findings and review them with Audit Management.

  • Develop an understanding of Ally's audit approach, methodology and tools/technology.

  • Maintain regular communication with Ally Audit Management, and participate in meetings and interact with Business Unit and/or Enterprise Function management under audit.

  • Assist with identification of risks and development of audit scope/strategy.

  • Provide guidance and leadership to staff auditors.

  • Perform ad hoc projects as assigned to assist Audit in analyzing Ally's risk and control environment.

  • Develop and maintain proactive working relationships with personnel across Ally.

  • Respect the confidentiality of the Ally workplace, its clients, and employees.


  • Bachelors (or higher) degree in Accounting, Finance, Business Administration, Economics, or other related field of study

  • 2-3 years of relevant experience within the financial services/banking industries preferred and/or internal or external auditing. Industry certification preferred (CPA, CIA etc.)

  • Prior financial services audit or banking industry experience. Familiarity with consumer regulations and operations preferred

  • Detail-oriented, deadline driven, self-directed and organized individual

  • Good written and verbal communications skills

  • Proven ability to excel in highly interactive team environment

  • Familiarity with risk and control concepts

  • Awareness of SOX and related validation testing executed by management

  • Critical thinking, and analytical skills

  • Working knowledge of Microsoft Office applications (Word, Excel, and Powerpoint)

  • Available to travel

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

Audit Services contributes to Ally's success by providing stakeholders with timely, relevant and objective enterprise-level perspectives and assurance regarding the effectiveness of governance, risk management and internal control. Audit teams are organized to support Ally's major business units and corporate functions and operate in accordance with the International Professional Practices Framework of the Institution of Internal Auditors (IIA).

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.

Job Title: Senior Auditor - Auto Finance and Insurance

Company: Ally Financial Inc.

Category: Audit

BU Function: Audit Services

Requisition ID: 18-6791