Matthew Kollada
About Matthew Kollada
Matthew Kollada is a Quality Control Analyst at Ally, specializing in compliance testing and risk management in Downers Grove, Illinois.
Company
Matthew Kollada is currently employed at Ally, a financial services company headquartered in Downers Grove, Illinois, United States. His role primarily focuses on quality control and business line testing, ensuring the rigorous adherence to compliance and procedural standards within the company.
Title
Matthew Kollada holds the position of Quality Control Analyst - Business Line Testing at Ally. His responsibilities include conducting compliance testing on credit renewals, verifying continuous OFAC screenings, and checking high-value wire transfers for regulatory compliance.
Education and Expertise
Matthew Kollada studied Accounting at Purdue University Krannert School of Management, earning a Bachelor’s degree. His academic background in accounting has provided him with the critical skills necessary for his roles in risk analysis, commercial underwriting, and quality control.
Previous Experience
Before becoming a Quality Control Analyst, Matthew Kollada worked as a Risk Analyst - Commercial Underwriting for Ally from 2012 to 2019 in Orland Park, IL. He also worked as a Field Clerk at Solid Platforms Inc. from 2011 to 2012 in East Chicago, IN. These roles helped build his expertise in risk and compliance analysis.
Compliance and Testing Responsibilities
In his role at Ally, Matthew Kollada is responsible for several critical compliance and testing functions. He ensures that credit renewal parameters are accurately documented and entered into systems, examines negative news reports and prior adverse experiences during OFAC screenings, and verifies the completion of the Customer Identification Program for all beneficial owners. Additionally, he checks wire transfers up to $30 million to ensure compliance with company policy and communicates any errors or non-compliance issues to the underwriting and portfolio management departments.