Director - Executive Compensation

General information

Career area Human Resources Work Location(s) 500 Woodward Avenue, MI, 601 S. Tryon Street, NC Remote? No Ref # 20015 Posted Date 06-04-25 Working time Full time

Ally and Your Career

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?
Work Schedule: Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.

The Opportunity

This role is on a hybrid schedule, in office at least a few days a week in our Charlotte, NC or Detroit, MI office.

As the Director of Executive Compensation, you will be responsible for leading Ally’s executive compensation programs and equity administration and be accountable for ensuring that all plans and programs align with business strategy, market practice and internal/external governance requirements. The role includes management of our relationship with our equity administrator and governance and administration of Ally’s shareholder-approved equity plans. You will be responsible for managing reporting and administrative aspects of Ally's equity-based compensation programs and providing support and guidance to participants, leadership, and HR Business Partners on matters impacting executive compensation. This role will report to the Senior Director and requires minimal supervision or direction.

The Work Itself

• Preparation and coordination of the annual proxy CD&A and supporting compensation tables
• Conduct benchmarking activities and drive recommendations and application of best practices in executive compensation and equity administration
• Accountable for executive compensation risk management
• Ensure compliance with SEC rules with respect to the reporting of compensation for NEOs and Section 16 Officers
• Conduct policy reviews and manage special projects, as required
• Respond to ad hoc requests for analysis in support of executive compensation programs
• Prepare CNG Committee meeting materials and prepare the senior executives for meetings with the CNG Committee
• Provide technical advice and counsel for plan documents and award agreements.
• Assist in managing incentive plan design, performance tracking, and communications, as requested
• Ownership of the stock administration function, including accurate and timely recording of transactions and taxation, improvements in processes, implementing enhanced automated solutions, maintaining a robust control environment, and evaluating service providers
• Collaborate with Finance, Accounting, and Legal on management reporting, compliance, grant processes and related requirements
• Partner with internal and external auditors for periodic reviews, year-end audits, as well as ensure that internal controls are in place and procedures are followed to satisfy periodic review of compliance with SOX

The Skills You Bring

• 7+ years compensation experience including some executive comp experience with a publicly traded company
• High School Diploma or GED equivalent required. Bachelor's degree preferred in business and/or analytical studies; Master’s degree recommended.
• CEP or CCP recommended.
• Deep knowledge of compensation design principles, pay governance, proxy disclosure, and compliance requirements.
• Experience with Compensation Committee and proxy material development
• Experience in financial services and banking preferred
• Exceptional analytical skills and attention to detail.
• Ability to effectively organize, analyze, and communicate information using Microsoft Office to tell stories appropriate to various audiences.
• Ability to manage multiple tasks simultaneously.
• Strong listening, oral, and written communication skills.
• Routinely asked to communicate to larger groups on behalf of business unit or function.
• Routinely exhibits a strong work ethic and high degree of self-motivation.
• Occasionally called on to deal with urgent requests that may arise regardless of time of day or day of the week.
• High integrity and discretion in handling confidential information.

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: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).
• 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.
• To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdf

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.

We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at [email protected]. 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: $125000 - $190000 USDAn individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer. Incentive Compensation: This position is eligible to participate in our annual incentive plan.

Originally posted on Himalayas

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