Pros
Coworkers are generally very pleasant to work with.
Cons
1. Ally is a digital bank with NO physical branch locations. So the renunciation of the hybrid model to a forced RTO for 4 days a week with the rationale that “that’s what our customers expect” is laughable. If our customers valued in person interaction so much then why wouldn’t they go bank at a traditional, brick and mortar bulge bracket? 2. Morale couldn’t be lower at this company across virtually every department. My team has had open discussions about which banks and true fintechs are hiring and where all of us will be applying in the near future. 3. There is no privacy and no personal space in the CLT office. You are constantly being watched. And there is not enough parking in the ACC deck. So those lower on the totem pole in analyst positions (who realistically do all the deliverable work) are farmed out to parking decks around town that are a good walk from the building. 4. Weird cult-like culture vibes with the executives. Direct reports to the C-suite level fawn over our “leaders” and that adoration is intensely forced upon the rest of us. 5. Pay is below market. They justify the low pay with the benefits they offer but really, the pay is low low. Applicants: do not come to Ally, this company is a mess. It might look shiny and progressive but it is really a conservative, good old boy culture rooted in 1980s working conditions. If this is your only option then stay for as little time as you reasonably can and make the jump. Know that so many of us currently here are demoralized, frustrated, and are working on leaving. Lastly the 5 star reviews mentioning how great the “culture is at Ally” are convenient and not rooted in reality.
