Business Line Risk Manager at Ally Financial (Detroit, MI)

| Detroit, MI
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General information

Career area


Work Location(s)

500 Woodward Avenue, Detroit, MI, 601 S. Tryon Street, Charlotte, NC



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Posted Date

Tuesday, January 25, 2022

Working time


Ally and Your Career

Ally Financial only succeeds when its people do - and that's more than some cliche people put on job postings. We live this stuff! We see our people as, well, people - with interests, families, friends, dreams, and causes that are all important to them. Our focus is on the health and safety of our teammates as well as work-life balance and diversity and inclusion. From generous benefits to a variety of employee resource groups, we strive to build paths that encourage employees to stretch themselves professionally. We want to help you grow, develop, and learn new things. You're constantly evolving, so shouldn't your opportunities be, too?

The Opportunity

At Ally, you get a startup feel, but experience the benefits of a company that's worked out the kinks and is fulfilling its purpose. We're always evolving and see that as a good thing. From owning our work to seeing its impact in the real world, our team is relentless in finding new ways technology can help make experiences better and help people. We are problem solvers, we value diverse thinking, we support one another, and we challenge ourselves to think bigger in the journey to deliver customer-obsessed tech solutions.

The Business Line Risk Manager (BLRM) functions as a risk liaison team within the Technology organization. The BLRM team is responsible for supporting the consistent identification, execution, and remediation of risk management across the Technology organization. This role will part of part of Ally's Information Protection & Risk Management (IPRM) Information Security Program.

The BLRM serves as the trusted advisor, both to the business unit and to the Senior Director. This role will help ensure consistency across Technology as the team liaises between the business unit and Risk & Resiliency, communicating on upcoming initiatives and reporting on risks to Executive Leadership appropriate committees. In addition, this role will partner with Executive leaders across Technology and their teams to ensure the business line maintains adherence to Information Security and Information Technology Policies and Standards through continuously monitoring and reporting on risks and documented exceptions.

The Work Itself

  • Oversee the execution of Technology Business Line Risk Management practices in Technology to include transparent reporting of risks and remediation plans and overseeing the integration of risks within the enterprise operational risk framework
  • Support the execution of the Information Security and Technology standards across all applications, systems, processes, and controls within each Business Unit
  • Support the Technology Business Unit and Senior Director in seeking appropriate solutions to manage business objectives and costs while achieving risk management goals.
  • Provide input into the Ally Enterprise Information Security Program
  • Review, provide input, and asset impact into the Information Security Policy and Standards
  • Ensure clear lines of communication between Business Unit CIOs and IPRM stakeholders
  • Ensure reporting is established on the state and efficacy of key controls for the business unit projects and platforms
  • Develop and maintain partnerships across supported function, key leaders within IPRM and appropriate Risk and Audit teams
  • Coordination and collaboration on risk management topics with Compliance, Independent Risk Management, internal Audit, and other risk functions both internal and external to IT
  • Develop and own new processes, or recommend automation opportunities, to increase efficiency and effectiveness of risk management processes and/or reporting to both BL/IRM partners and product/IT management teams
  • Serve as individual contributor or small team leader

Key Success Criteria

  • Increased levels of proactive risk management across designated Business Unit
  • Increased rates of Technology risk self-identification
  • Improved consistency across the execution of risk management processes across Technology
  • Greater awareness of risk management and information security requirements
  • Improved compliance with standards and policies across Business Unit teams.

The Skills You Bring

  • Bachelor's degree in Information Security, Information Technology, or relevant field of study heavily preferred
  • CISSP or CISM desired
  • 5 years or more of progressive experience in an information security or related role
  • High level of interpersonal skills to interact with leaders at multiple levels and facilitate team interactions
  • Understanding of analyzing and responding to advanced threats, technology risk and the motivation/attack vectors of each threat
  • Excellent verbal and written communication skills. Ability to communicate with business leaders, users, and tech-savvy stakeholders. Create reports and analyze reports for a diverse group of stakeholders
  • Ability to take ownership of an initiative/issue thru completion
  • Strong understanding of audit/risk management methodologies and regulatory requirements pertaining to information security, privacy, and data security
  • Ability to manage multiple complex priorities and competing agendas without express authority over delivery teams
  • Ability to interpret and apply policies and regulations across a large, complex business
  • Analytical aptitude with an emphasis on investigative, methodical, and critical questioning and logical thinking; a data-driven decision maker
  • Ability to coordinate across teams, create project and action plans, and determine required resources to get a job done

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. But Ally's total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including:
  • Time Away: competitive holiday and flexible paid-time-off, including time off for volunteering and voting.
  • 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 and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.
  • Supporting your Health & Well-being: flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions 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 support as well as parental and caregiver leave, back-up child and adult/elder day care program and childcare discounts.
  • Work-Life Integration: other benefits including LifeMatters® Employee Assistance Program, subsidized and discounted Weight Watchers® program and other employee discount programs.

Who We Are:

Ally Financial is a customer-centric, leading digital financial services company with passionate customer service and innovative financial solutions. We are relentlessly focused on "Doing it Right" and being a trusted financial-services provider to our consumer, commercial, and corporate customers. For more information, visit

Ally is an equal opportunity employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to 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.

Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at [email protected] Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.
More Information on Ally Financial
Ally Financial operates in the Automotive industry. The company is located in Detroit, MI, New York City, NY and Charlotte, NC. Ally Financial was founded in 1919. It has 11000 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability Insurance, Dental Benefits, Vision Benefits, Health Insurance Benefits and Life Insurance. To see all 73 open jobs at Ally Financial, click here.
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