New York, NY
Full time
R2600224
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 love 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
We're in the business of putting people first and we've been doing just that for over 100 years. Our mission isn't performative either: we show up for our customers when it comes to their financial needs. We're making banking smarter and simpler while serving our communities. We value and encourage the mantra of working better together.
That's where you come into play. Test drive the tools in your educational toolbox and learn some new skills along the way with an 11-week paid internship with us. Your internship with Ally will move you from educated to experienced.
The Ally Internship Program guides and mentors students with development opportunities and experiences that support your career interests while also driving the business forward. You'll have the opportunity to connect with diverse teams and functions across the company. You will interact with Ally's leadership and learn from their personal successes. You will gain the experience to know what it means to be an Ally!
The Work Itself
As part of our Internship Program, you will have an opportunity to:
Have hands on experience and project-based work
Attend Orientation, Executive Speaking Series, and learning sessions as an Intern cohort
Participate in Mentoring Program and Giving Back Events
Network with your peers, your team, and those Allys you find interesting
Lead an end of assignment presentation
The Details:
Internship Program Timing: May 26 - August 7, 2027
40 hours each week with a mix of in-office and remote working days
Project-based work
Market competitive hourly compensation and a sign-on bonus, as well as financial housing assistance for those who qualify
Successful interns will have the opportunity to return to Ally in an Early Talent Program or full-time role, or to a second internship, depending upon graduation timing.
The Work Itself
Areas of Opportunity:
Sponsor / Specialty Finance: provides middle-market leverage lending dedicated to supporting key private equity relationships.
Capital Markets: provides the flexibility of Priority Revolvers in large transactions and assists deal teams to structure, price, and distribute the debt to other lenders.
Real Estate: provides cash flow and asset-based financing for healthcare facilities, multi-family residential complexes, industrial buildings, and student housing.
Technology Finance: provides debt solutions to (i) growth stage, venture-capital backed technology companies and (ii) private equity-backed technologies businesses that have a traditional leveraged finance profile.
Lender Finance: finances asset managers through carefully structured asset-based loan.
The Skills You Bring
Required Qualifications:
Must be graduating between December 2027 and May 2029
Well-rounded in academics, volunteering, and fun!
Eager to challenge the status quo
Majoring in Finance or taking finance courses
Strong written and verbal communication
Ability to collaborate well in teams
A rising Junior or Senior (during the time of internship) in a full-time undergraduate program
Eligible to work in the US for any employer without sponsorship from the company now or in the future
Preferred Qualifications:
A passion for the financial services and technology industry is strongly preferred
Previous internship experience, extracurricular activities, and leadership experience
Candidates should reside in a commutable distance from the Ally location to which they are assigned
Minimum Qualifications
0+ years of experience
High school Diploma or GED equivalent
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.
In accordance with the Americans with Disabilities Act, if after review of the position expectations, you believe that you may need a medical accommodation to fulfill the duties of this role, please email hrpolicy@ally.com with details of your accommodation request.
Base Pay Range
$25.00 - $29.00
An 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.
We all work better as allies. Join a team that thrives on doing it right - whether we're helping people live their best financial lives or helping each other grow in our careers.
Share your resume with our recruiters so we can reach out to chat about roles that match your background and skillset.
We're a leading financial services company serving over 11M customers through banking, auto financing, insurance and investment services. Our team's approach of celebrating differences and lifting each other up is consistently recognized on Fortune's 100 Best Companies to Work For list. Here, you'll find people who care about doing work that matters and making an impact in the communities we serve. Good enough is never enough for us - we're always looking for ways to be better, together.
CCPA Notice (https://www.ally.com/content/dam/pdf/corporate/ally\careers\ccpa\disclosures\ca_residents.pdf)
