Inefficient and Bloated - Internal Auditor Ally Financial Employee Review

2.0
30 Mar 2025
Recommend
CEO approval
Business outlook

Pros

Genuinely some smart people working at Ally Bank that can offer a lot in terms of new perspectives and things to think about. Decent pay for the area. Free parking for the (currently) 3-day hybrid schedule I have to go into the office for.

Cons

- Hiring freezes and layoffs across Ally means limited opportunities for advancing your career. - Way too much bureaucracy in Internal Audit and WAY too many auditor levels (Auditor 1 -> Auditor 2 -> Senior Auditor -> Lead Auditor -> Audit Manager -> Audit Senior Manager -> Audit Director) - Limited business insight from management and Audit Executive means you're learning things much later than you would expect to in a normal Internal Audit environment where you would be given more detail on business strategy to adequately assess business risks and strategies. - Probably moving to a 4 day in-office requirement soon

Explore other reviews about Ally Financial

5.0
8 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Competeive pay, Great benefits, and bonuses.

Cons

It can be a stressfull and competitive atmosphere.

3.0
11 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Great benefits and affordable healthcare Hires excellent talent Progressive and current on the bank side Visible female leadership representation Many ways to be involved through employee culture programs and speakers to quickly build an internal network Will help move internally if stagnated Low turnover Bonuses were reliable Took care of employees through pandemic Very nice new Charlotte building and new Detroit floors including fully outfitted gyms and rest areas like golf swings and cool chairs Offices are near places to walk for lunch or take a break Bank holidays and decent PTO that was respected if you prepare

Cons

Low-to-middle market compensation Culture changed post-pandemic and then with government pressures on DEI Lots of red tape with an expectation to move faster than employees can Layoffs started happening with CEO change, and it was odd that top performers were let go Only 3 POC represented in Board and Executive Leadership and twice as many men as women Perfectionism and performative culture Auto business is archaic Everyone has to work a lot and you hear horror stories about IT goes through There's an expectation that you should work some more after you get home. Penalized for not buyng into the koolaid, but also penalized if you do but not doing it frequently enough Low turnover prevents meaningful career & salary growth for many employees who have been there 10+ years Encourages openness and authenticity only to get met with barriers as soon as you do

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