Associate, Lender Finance Portfolio Management

Employer
Ally Financial
Location
Bethesda, MD
Posted
Jan 21, 2022
Closes
Jan 24, 2022
Ref
326351811
Hours
Full Time
General informationCareer areaPortfolio ManagementWork Location(s)3 Bethesda Metro Center, Bethesda, MDRemote?NoRef #10812Posted DateTuesday, January 18, 2022Working timeFull-timeAlly and Your CareerAlly Financial only succeeds when its people do - and that's more than some clichA$ (C) 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 OpportunityThe Ally Lender Finance business extends revolving lines of credit to asset managers, private credit funds, specialty finance companies, and/or BDCs. The Associate, Portfolio Management is primarily responsible for assisting in the day to day management of a portfolio of asset based loans, which are backed by a portfolio of loan assets originated by Lender Finance clients. Associates typically have 3-5 years of middle market leveraged lending experience and have a strong demonstrated knowledge of market trends and deal terms. Individuals work with other senior members of the team to collect and audit data provided by asset managers, specialty finance companies, and/or BDCs, in accordance with the underlying loan documents and established corporate policies with a goal of minimizing loan losses. The Associate, Portfolio Management evaluates loan performance and credit quality, and assists with asset valuation and trend analysis. Additionally, the role frequently interfaces with Ally LF support functions, including credit approval, legal, loan administration and operations. The Associate, Portfolio Management plays an instrumental role in supporting senior level Portfolio Management staff.The Work ItselfEvaluate collateral loan performance and determine the appropriate valuation and risk exposure for Lender Finance credit facilities.Perform financial analysis and interpretation of historical and projected financial information.Review investment memoranda and quality of earnings reports to determine the merits and risks associated with collateral loan assets.Prepare and assess financial models, including transaction summaries, pricing models, and cash flow models.Assist team in updating trend cards and analyzing financial statements on portfolio accounts.Responsible for completing significant sections of the underwriting document with minimal supervision.The senior associate may be responsible for updating portfolio trend cards, provide collateral analysis as needed and assist with the preparation of portfolio reviews on more complex accounts.Work towards understanding and adapting to Ally's credit culture.The Skills You Bring3+ Years of banking and lending experience including auditing, underwriting and financial and credit analysis preferred.Bachelor's degree in Accounting or Finance preferred.Demonstrated knowledge of regulatory and firm risk policies.Completion of Bank training program is preferred.Excellent communication (verbal and written), interpersonal and organizational skills.Highly analytical, detail oriented with problem solving capability.Ability to work independently with demonstrated strong time management skills.High level of accountability and the ability to effectively prioritize tasks.Highly motivated, self-starter.Technical: Computer literate, including: Word, Excel, Power Point.Experience with financial forecast models desirable.How We'll Have Your BackAlly'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 LifeMattersA' (R) Employee Assistance Program, subsidized and discounted Weight WatchersA' (R) 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 work@. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

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