What are the responsibilities and job description for the Manager - CRA Loan Portfolio Management position at Ally Financial?
Ally’s Community Reinvestment Act (CRA) team is a highly specialized group within the Bank dedicated to positively impacting communities across our assessment area through CRA-qualifying loans, investments, and services. All FDIC-insured banks are required to comply with the CRA. However, at Ally, CRA is not just a regulatory requirement; rather, it is a passion shared by the CRA team in managing a $5 billion portfolio of loans and investments that finance affordable housing, community services, economic development, and neighborhood revitalization.
The Manager - CRA Loan Portfolio Management will assist in the ongoing management of the CRA loan portfolio through proactive monitoring and oversight. The Manager will be responsible for the periodic preparation of credit scorecards to ensure consistent and accurate measurement of credit exposure. This role includes client interaction, managing portfolio risk, and adhering to policy and regulatory guidelines. The ideal candidate will combine strong financial analysis skills with in-depth knowledge of commercial credit portfolio management.
At this time, Ally will not sponsor a new applicant for employment authorization for this position.