Not a good fit for a career-oriented banker - Analyst Ally Financial Employee Review

2.0
Jun 4, 2015
Recommend
CEO approval
Business Outlook

Pros

Very little oversight due to poor leadship structure and universal incompetence, allowing many employees to virtually run wild. This is good if you prefer to learn on your own and like to work individually. Benefits are competetive. Most peers are very pleasant to work with. Facility is nice.

Cons

Sucession planning is non-existent, and the company commits no time or effort into annual reviews. So, there is little-to-no motivation to do anything but the minimum. Most 'leaders' are wholly unqualified to be in leadership roles and provide no value to their subordinates. This organization does a piss-poor job of providing training, which is amplified by the fact that they do not hire folks with enough experience, or the right experience. The orientation gives a brief overview of the organizational structure and the system employed, but does not prepare anyone for their job-specific duties. The one-the-job training is very informal and is usually inadequate due to the case loads. The whole company too often operates in panic/clean-up mode due to issues stemming from 'system-limitations', incompetence, and bureaucracy. The constant fire drills leave most people involved too jaded to care. Their idea of customer centricity is nothing but a coat of paint. Underneath, you have an army of folks with no experience in customer service, and very little desire to do anything more than avoid be reprimanded by their leaders, which they so eloquently refer to as "coaching." They employ entirely too many vendors, most of which are monitored ineffectively. This company has become the McDonald's of banking by underpaying, for underqualified employees/managers, short-staffing, and microanalyzing them.

Explore other reviews about Ally Financial

5.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

We get to work from home full time.

Cons

We work 2 to 3 Saturdays per month.

1.0
Jul 15, 2026
Recommend
CEO approval
Business Outlook

Pros

You get a bi-weekly paycheck.

Cons

The culture has tanked under new leadership over the last couple of years. It’s cutthroat, senior management keeps swapping out experienced leaders for their own people, same values, same bottom line only mindset. No one actually knows what they’re doing because everyone’s expected to do everything and own the fallout when it doesn’t work. Decisions get micromanaged or made behind closed doors about your own team, with no input. There’s constant pressure to cut expenses, and the target seems to double every month, at this rate it feels like the end is inevitable. Layoffs happen a few times a year now, two years running, and leadership straight up tells you it’s the new norm, so get used to it. Everyone knows it, everyone talks about it, and everyone’s living in fear. On top of that, you’re expected to work 12 hour days and answer emails on weekends, then get told you’re still not doing enough. It’s demoralizing. This is an awful place to work, and with the job market this bad, people can’t leave even though everyone’s looking. Feels like a sinking ship, and they deserve it for how they treat people.

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