What are the responsibilities and job description for the SUMMER 2025 INTERNSHIP – AUTO FINANCE (DOWNERS GROVE, IL) position at Ally?
Ally Financial only succeeds when its people do - and thats more than some clich people put on job postings. We live 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. Youre constantly evolving, so shouldnt your opportunities be, too?
- The Opportunity
- Auto Analytics - this team leverages traditional analytics techniques and problem solving to generate business-relevant insights using data from databases, internal reports, market / business trends, and / or financial statements. They will act as a primary source of insights for operational teams.
- Commercial Services - this group helps maximize dealer opportunities for capturing commercial customers by offering a full suite of financing solutions to fit individual and unique business needs. They are comprised of Credit Underwriting teams, Credit Line portfolio management and Sales professionals. CSG Account Executives serve as product specialists in the field, responsible for maintaining Dealer relationships and cultivating business as the primary contact.
- Commercial Underwriting - responsible for completing the financial analysis and related due diligence for extensions of inventory credit lines and other commercial loans (real estate, working capital, lines of credit) to current and prospective automotive dealership customers.
- Consumer Underwriting - this group evaluates, negotiates, and decisions consumer offerings within Ally's underwriting policies to further grow application and contract volume. They build and maintain a portfolio of dealers and provide best-in-class relationship management for their assigned territories.
- Credit Administration - this group is responsible for providing support directly and indirectly to our dealer customers that include performing daily tasks that support and accurately maintain our dealers wholesale accounts.
- Portfolio Management / Dealer Management - facilitate the delivery and management of products and services to automotive dealers, including lines of credit for vehicle inventory, equipment, working capital and real estate loans, and commercial insurance products, to assist in dealership operations. Roles and responsibilities include credit underwriting, new business development, loan closing, payment processing and account management.
- Sales Analytics - Analyze data and trends among a variety of sales functions within the Auto Finance Regional Business Center. Be able to provide to senior leadership industry insights, program updates, and custom reports when necessary. Support sales teams with proofs, identify opportunities, and mitigate risks through data analysis.
- Program Start Date : May 20, 2025
- Program End Date : August 1, 2025
- In-Person Internship with flexibility
- 40 hours a week
- Market competitive compensation
- The Work Itself
- Hands-on experience in area of study; as well as participate in project-based work
- Leadership and career development experiences
- Networking opportunities
- Lead an end-of-assignment presentation
- Attend formal company orientation and training
- Participate in executive speaking series
- Participate in an Employee Resource Group mentoring program
- The Skills You Bring
- Well-rounded in academics, volunteering, and fun!
- Eager to challenge the status quo
- A rising Junior or Senior (during the time of internship) in a full-time undergraduate program
- A passion for the financial services and technology industry is strongly preferred
- Candidates should reside in a commutable distance from the Ally location to which they are assigned
- Eligible to work in the US for any employer without sponsorship from the company now or in the future
- How We'll Have Your Back
- Time Away : competitive holiday and flexible paid-time-off, including time off for volunteering and voting.
- 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 and 529 educational assistance programs, tuition reimbursement, and other financial well-being programs.
- Supporting your Health & Well-being : flexible health and insurance options including dental and vision, pre-tax Health Savings Account with employer contributions 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 support as well as parental and caregiver leave, back-up child and adult / elder day care program and childcare discounts.
- Work-Life Integration : other benefits including LifeMatters Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs.
- Base Pay Range : _
- Emerging :
- 47500
- Experienced :
- 62250
- Expert :
- 77000
Your internship with Ally will move you from Educated to Experienced; connecting you with diverse teams and functions across the country. You will have the opportunity to interact with Ally's leadership and learn from their personal successes. The Ally internship program seeks to guide and mentor students with development opportunities designed to provide a bridge between the academic world and the world of business. #LI-DNP
Areas of Opportunity
The Details
Ally's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. But Allys total compensation - or total rewards - extends beyond your paycheck and is designed to support and enrich your personal and professional life, including :
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.
Where permitted by applicable law, must have received or be willing to receive the COVID-19 vaccine by date of hire to be considered, if not currently employed by Ally.
We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at work@ally.com. Ally will not discriminate against any qualified individual who is capable of performing the essential functions of the job with or without reasonable accommodation.
