Funding Desk Analyst II

General information

Career area Treasury Work Location(s) 601 S. Tryon Street, NC Remote? No Ref # 20060 Posted Date 06-16-25 Working time Full time

Ally and Your Career

Ally Financial only succeeds when its people do - and that’s more than some cliché 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?
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The Opportunity

Sitting at the heart of Ally’s Treasury Organization, the Funding Desk’s key responsibilities are to manage enterprise liquidity, generate short-term cash flow forecasts and monitor encumbrance of assets. The Funding Desk Team offers an opportunity to work in a fast-paced environment where learning and growth are a key focus. The Funding Desk works in partnership with Liquidity Risk Group and other teams to establish a robust funding plan to manage short-term liquidity. This high visibility function has daily interactions with the funding markets and internally across most Treasury functions and business lines.   
The Funding Desk Analyst II position will report to the Director of the Funding Desk and be part of a dynamic Treasury Funding Desk and will be responsible for managing daily enterprise liquidity through understanding of daily cash flows and execution of market-based funding products. This role will have high exposure to wholesale funding markets, and other functional areas across Treasury organization and internal business lines. 

The Work Itself

• Understand major cash inflows and outflows and monitor appropriate cash balance throughout the day to ensure end-of-day cash balances meet all internal targets and guidelines.
• Assist in preparation of a daily short-term liquidity forecast. 
• Evaluate various funding sources including FHLB advances, Repo, Brokered CD, Retail Term Notes and Federal liquidity programs to manage daily enterprise liquidity.
• Interact and develop relationships with broker dealers across various funding products and markets.
• Partner with Liquidity Risk Group, Balance Sheet Management, Capital Markets Team, and other business lines to assist in developing funding plans to meet liquidity needs. 
• Gain understanding of short-term interest rates markets, monetary policy and other drivers impacting short term funding markets.
• Learn Ally Liquidity position and related risks, support management of Liquidity Risk.

The Skills You Bring

• Bachelor's degree required; preferred degree in finance, accounting, or economics
• 1+ year of relevant experience and a basic understanding of balance sheet and income statement dynamics
• Strong analytical and problem-solving skills. Takes initiative and is strategic thinker. Ability to grasp and apply complex concepts
• Proficient in all Microsoft Office applications and advanced user of Excel and PowerPoint
• Ability to work across teams to achieve a common goal
• Excellent written and verbal communication skills
• Attention to detail balanced with knowing the right altitude necessary to deliver on requirements
• Ability to work independently and manage multiple priorities in a fast-paced environment to meet pre-established deadlines

#LI-Onsite

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

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 www.ally.com.

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.

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.

: $55000 - $80000 USDAn 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.