Ally Financial Reviews

Updated June 26, 2015
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3.3
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Recommend to a friend
Approve of CEO
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Jeffrey Brown
12 Ratings

Pros
  • Challenging work environment with good respect for work/life balance (in 18 reviews)

  • Challenging work environment and able to contribute instantly (in 12 reviews)

Cons
  • Work/life balance is challenging (in 7 reviews)

  • Lots of indecision on direction at the mid - senior management level (in 9 reviews)

More Pros and Cons

266 Employee Reviews

Sort: Popular Rating Date
  1. Financial Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst II in Detroit, MI
    Current Employee - Financial Analyst II in Detroit, MI

    I have been working at Ally Financial full-time (More than a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great place to work with fun and challenging opportunities. Growing company with great potential.

    Cons

    Hours can be long at times and training could be improved for new hires. Often left to figure out tasks with minimal instruction.

    Advice to Management

    Keep doing what you're doing. Challenge your employees to ask questions and enhance themselves.


  2. associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Ally Financial

    Recommends
    Recommends

    Pros

    Great ppl to work with

    Cons

    Reorganization through out the company

    Advice to Management

    Allow the employees to grow with the company


  3. Helpful (1)

    Risk Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Risk Manager in Detroit, MI
    Current Employee - Risk Manager in Detroit, MI

    I have been working at Ally Financial full-time (More than 5 years)

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    Pros

    Good Pay, Nice people around

    Cons

    Worse than normal in Politics

    Advice to Management

    Do not micro manage


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Out of touch with reality

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Remarketing Specialist in Lewisville, TX
    Former Employee - Remarketing Specialist in Lewisville, TX

    I worked at Ally Financial full-time (Less than a year)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Friendly atmosphere, company tries to hand out little thank you's, lax dress code, discounts on cars

    Cons

    Antiquated technology, hostility between branches, no idea who their customer really is, no idea how to function without GM being their safety net, office politics stall most attempts at progress. Many power players have been there forever so they don't understand innovation or modern business practices. Advancement based on perception of your team more than your merit.

    Advice to Management

    Management doesn't seem to understand this isn't 1980 anymore, the market has changed significantly. Don't assume ideas from less tenured people are automatically bad...most of the tenured people have grown too complacent. Employees can see through the veil of BS you throw over everything


  6. Collections

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Loss Mitigation Specialist in Grand Prairie, TX
    Current Employee - Loss Mitigation Specialist in Grand Prairie, TX

    I have been working at Ally Financial (Less than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Room for advancement. There is also an online bank department. Part of GM so there are benefits.

    Cons

    You have to be there a year before posting out.

    Advice to Management

    If qualified for another position, do not hold employees back.


  7. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Analyst in Fort Washington, PA
    Former Employee - Systems Analyst in Fort Washington, PA

    I worked at Ally Financial

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great people, good benefits. Was treated very fairly.

    Cons

    Company was constantly struggling to make money


  8. Intern (Finance)

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Ally Financial

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The culture is great. It is okay to make mistakes and ask questions, as long as you are learning.

    Cons

    With the internship program, there is no room for negotiating wage. The job offers go out long before other banks' do, so you must commit very early in the process.

    Advice to Management

    Continue to promote ethics and character as the keys to business success. Be clear and upfront about future opportunities, etc.


  9. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst
    Current Employee - Analyst

    I have been working at Ally Financial full-time (More than 10 years)

    Pros

    The pay is decent for the market.

    Cons

    Little to no work life balance and no room for advancement. Very inconsistent and low pay raises if any.

    Advice to Management

    Stop micro managing. Allow for growth for your employees.


  10. Helpful (2)

    It's ok at best

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Remarketing Specialist in Little Rock, AR
    Former Employee - Remarketing Specialist in Little Rock, AR

    I worked at Ally Financial full-time (More than a year)

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Free coffee and usually some kind of giveaway or food gathering.

    Cons

    Pay, no advancement, never closed on bank holidays. Fake management

    Advice to Management

    Treat people more fairly. Be careful with promoting people who were picked on in high school.


  11. Brief Overview

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Ally Financial full-time

    Pros

    Positive work environment
    Flexible schedule
    Good employees

    Cons

    Minimal movement
    Entrenched management
    It's a bank



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