Stay away from the Basel II Project - Anonymous employee Ally Financial Employee Review

1.0
Mar 16, 2012
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company as a whole may be a great place to work and hopefully will be an ongoing concern. Some of the people will go out of their way to help you others will not.

Cons

The Basel II project is one of the most chaotic projects I have seen in my long professional life. Too many managers, who are not strong management material, and not enough workers. Just in a state of being reactive not proactive. Poor communications between teams and within teams.

Explore other reviews about Ally Financial

5.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

Great culture, good compensation and benefits. Excellent management team, very supportive and interactive with the team.

Cons

Onboarding was a challenge due to IT’s lack of clear direction. The loan origination system crashes a lot.

2.0
Jun 30, 2026
Recommend
CEO approval
Business Outlook

Pros

Hybrid schedule is reasonable, with only three days a week required in office. Benefits are decent and we have a fairly new office building is a nice.

Cons

Don’t be fooled by Glassdoor’s rating. It likely reflects the old Ally, not the company it is today. Ally used to be a great place to work, with strong culture, meaningful work, and real innovation. They used to pride themselves on culture, and now it’s the worst I’ve seen it. There have been significant leadership changes, with many of the leaders who made Ally great shown the door. Round after round of layoffs has everyone whispering about who’s next, and the people who remain here are stuck cycling through failed re-orgs meant to “fix” the department. It’s gotten bad enough that I know people actively hoping to get cut just to walk away with severance. If it doesn’t get better soon, I might be hoping to be let go myself. I can’t recommend it the way I once would have.

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