The Pricing Manager contributes individually and through others to compile internal and external data and use advanced analytical techniques to make informed pricing recommendations for the U.S. automotive finance operation. The focus of the position will require the creation of advanced value-add analysis and understanding of statistical modeling. Individual will be responsible for developing, communicating and leading the execution of pricing strategies to drive profit and volume.
Analyze core retail granular pricing programs to ensure profitability objectives are met
Develop alert mechanisms to effectively monitor retail granular pricing cells
Leverage quantitative models and advanced analytics to develop business pricing strategies to support revenue and volume objectives
Work with functional partners to find opportunities to grow business and optimize profitability
Ensure alignment of auto finance pricing processes and tools with matrix partners
Understand competitive environment and other drivers of economics to optimize returns
Review large amounts of information, summarize and make pricing recommendations to senior management
Bachelor's degree in data science, statistics, mathematics or other quantitative field; Advanced degree is ideal
7+ years of experience in advanced analytics in financial services or related field, at least 5 years of leadership experience preferred; knowledge of auto consumer credit (loans/lease/dealer operations) a strong plus
Working knowledge of the uses and limitations of statistical methodologies and models
Working knowledge of Phython/R/SAS or other advanced statistical analysis software
Experience working with large datasets and data extraction
Ability to analyze and synthesize complex data into clear action-oriented recommendations for the business
Comfort level with ambiguity and ability to handle multiple projects at the same time
Knowledge of general financial concepts -- P-L calculations, amortization schedules, basic understanding of interest rates, pro-forma models
Ability to communicate analytical insights clearly and concisely to individuals from diverse backgrounds
Ability to provide advice and direction in primary areas of expertise
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 Description
Ally Auto's U.S. auto finance operations provide a wide array of financial products and services to automotive dealerships and retail automotive customers in the United States. Together with Dealer Products and Services, the U.S. auto finance team has built strong dealer relationships by offering high-quality wholesale financing services, attractive volume incentives and a full array of highly competitive products like extended service contracts, dealership insurance products and more.
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Plus, we have a flexible paid-time-off program including time off for volunteer opportunities. Ally's Total Rewards Program is designed to enrich your life at work -- and outside of it and includes:
Industry-leading 401K retirement savings plan with matching and company contributions
Wellness program encouraging healthy living with financial rewards
Flexible health insurance options including dental and vision
Pre-tax Health Savings Account with generous employer contributions
Pre-tax commuter benefits
Other work-life integration benefits including parental and caregiver leave, adoption assistance, backup child and adult/elder day care program, child care discounts, tuition reimbursement, LifeMatters Employee Assistance Program, subsidized and discounted Weight Watchers program 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.
Equal Opportunity Employer Minorities/Women/Protected Veterans/Disabled