There are newer employer reviews for Ally Financial

 

Mortgage industry good but forever changes

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Current Employee - Team Lead in Dallas, TX
Current Employee - Team Lead in Dallas, TX

I have been working at Ally Financial full-time (more than an year)

Pros

good environment, alot of opportunity for advancement

Cons

Alot of changes but common in mortgage

Recommends
Negative Outlook
No opinion of CEO

228 Other Employee Reviews for Ally Financial (View Most Recent)

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  1. 1 person found this helpful  

    Need a motivational work environment

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

    I have been working at Ally Financial full-time (more than 3 years)

    Pros

    Benefits ,team membersT,raining Modules,Peer learning,40lk

    Cons

    There is a high level of favoritism amongst management in regards to who gets promoted or not. Some of them need to retire.

    Uncertainty around company's direction over the next 1-2 years considering the amount of money owed to the Government. Always rumors about being sold to Wells Fargo/ broken up and sold, constant changes/IPO etc.

    Morale is low

    Lack personality/social skills/training people

    Advice to ManagementAdvice

    Need to revamp/restructure and make sure they are choosing the right people for a Supervisor or Management position. Employees make excuses why they leave a company. Quote: “People leave managers not the company or organization.” This is so true here at Ally. I took this job and stayed in it happily for many years, in large part because of my relationship with my boss. I could have left a long time ago but I know other co-workers that do not have a good relationship with their manager.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2.  

    Love it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Bankruptcy Single Point of Contact Relationship Manager in Waterloo, IA
    Current Employee - Bankruptcy Single Point of Contact Relationship Manager in Waterloo, IA

    I have been working at Ally Financial full-time (more than an year)

    Pros

    Inner promotions, good raises, and never boring.

    Cons

    Res Cap filed bankruptcy and was bought by Ocwen.

    Recommends
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Ally Financial

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