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General information

Ref # 17793

Remote? No

Ally and Your Career

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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?

The Opportunity

The Sr. Analyst, ASC Contracting is responsible for contract drafting, negotiation, and execution of Ally’s ASC Contracting. The Sr. Analyst, ASC Contracting will work closely with the Ally Sourcing teams, business customers, and stakeholders to document and negotiate all aspects of a procurement deal to ensure the best outcome for Ally and mitigate company risk effectively and efficiently.

The Sr. Analyst, ASC Contracting reports directly to the Director, ASC Contracting, and supports the contract creation, negotiation, and execution of contracts within defined categories. The Sr. Analyst, ASC Contracting meticulously reviews and negotiates contract terms and conditions, ensuring favorable outcomes and compliance with legal requirements and policies. Additionally, the Sr. Analyst, ASC Contracting advises internal business customers on innovative approaches to fulfill contractual obligations, staying updated on changes in rules, regulations and industry standards that could impact the provision of services.

At this time, Ally will not sponsor a new applicant for employment authorization for this position.

The Work Itself

• Draft and negotiate favorable terms and contracts to secure the best value and reliability for the company.
• Work closely with legal and other risk departments to ensure compliance with applicable laws and regulations as well as company policies and established precedents; ensure contract provisions can be delivered while maximizing the value to Ally.
• Lead drafting and negotiation of technology specific contractual consideration such as SLA’s, cloud, information security standards with critical suppliers.
• Develop and lead strategic negotiations with complex sole source/single source suppliers.
• Maintain deep understanding of Ally contracts terms and conditions and key deliverables contained in the contract.
• Identify and mitigate potential risks related to services contracting.
• Ensure compliance with industry regulations, ethical sourcing practices, and corporate policies during the procurement process.
• Communicate effectively with stakeholders within a cross-functional organization to explain contract terms and answer questions about specific contract provisions.
• Support initiatives to improve processes and templates for ASC Contracting.
• Develops a strong working relationship with various customers, suppliers, and internal departments, and obtains a thorough functional knowledge of the organization, performance measures, and information flows to help optimize contracting solutions.
• Be agile and nimble, to effectively cope with and drive change; comfortably assesses risk and problem solve.

The Skills You Bring

• J.D. Required
• Bachelor’s degree in business or supply chain related field and a minimum of 3+ years’ experience in contract negotiations.
• Understanding of technology contracting standards and best practices.
• Comfort with risk profiles of a broad range of commodities, including services, marketing, credit bureaus, and technology.
• Knowledge of supply base and sourcing business practices specific to financial services preferred.
• Ability to articulate legal risk to business customers and team Analysts.
• Knowledge and understanding of outsourced vendor agreements, including technology and software agreements.
• Strong collaboration and partnering skills.
• Ability to prioritize projects and coordinate multiple tasks within time constraints.

How We'll Have Your Back

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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 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.

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.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.

Base Pay Range:

Emerging: 70000

Experienced: 95000

Expert: 120000

Incentive Compensation: This position is eligible to participate in our annual incentive plan