The Opportunity

As a part of the Dealer Credit Administration team, the Credit Associate is responsible for providing support directly and indirectly to our dealer customers.

Perform daily tasks that support and accurately maintain our dealers wholesale accounts including : processing manufacturer receivables and associated adjustments, assisting dealers with daily inventory management (e.

g., creation of receivables, inventory transfers), facilitating daily ACH transactions, ensuring accurate posting of all payments and balancing of general ledger accounts, researching and completing daily exception reporting.

The Work Itself

The Credit Admin position covers a variety of administrative tasks including, but not limited to the following :

• Providing support to our internal and external customers in handling the retail and SmartAuction onboarding process for new accounts.
• Ability to review and ensure accuracy in documentation provided by dealerships
• Completing all processes within retail onboarding in line with our regulations and policy
• Working with the Quality Control team to obtain their approvals for the Pre-close and Post-close process
• Ability to work within the Salesforce application to generate accounts and opportunities that fall in line with each dealership where we are offering retail accommodations
• Ensure proper electronic storage of executed documentation
• Working in a shared email inbox which includes miscellaneous emails that relate to retail-only dealership accounts
• Completing key-entry for internal systems for each dealership we onboard (i.e., ACCM, Salesforce, Webtool, SmartCash, SmartAuction)
• Contacting banks to verify account and routing number information prior to SmartCash activation
• Complete standard initial screenings on all new Ally customers
• Complete Customer Due Diligence (CDD) process for any CDD triggers

The Skills You Bring

• HS diploma or equivalent required.
• Recent college graduate preferred
• 2 years' experience in financial services or similar industry. Associate's or Bachelor's degree in business or related emphasis may be considered in place of experience.
• Performs administrative and technically based supporting tasks.
• Requires proficient use of all Microsoft Office programs.
• Presents strong written and oral communication skills.
• Understanding of automotive dealership operations is a plus.

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 : 11 paid holidays, 20 paid time off days, and 8 hours of volunteer time off, yearly (paid time off is prorated based on start date)
• 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.

Last updated : 2024-05-16