Summer 2027 Internship - Finance

Ally-Financial; Detroit (MI); Hybrid; USD 34,000 - 45,000; Full time

Benefits offered by this job

Sign-on bonus

Housing assistance

Total Rewards program

Job summary

Ally Financial in Detroit offers an 11-week paid internship designed to move students from educated to experienced. You’ll have hands-on, project-based work, attend orientation and executive speaking series, and participate in mentoring and Giving Back events.

The program provides market-competitive hourly compensation and a sign-on bonus, plus housing assistance for those who qualify. Successful interns can return to Ally in an Early Talent Program, a full-time role, or a second internship,

Qualifications

• A rising Junior or Senior (during the time of internship) in a full-time undergraduate program
• Majoring in Finance or taking finance courses
• Well-rounded in academics, volunteering, and fun!
• Eager to challenge the status quo
• Eligible to work in the US for any employer without sponsorship from the company now or in the future

Responsibilities

• Summarize and analyze financial data
• Develop skills related to financial analytics and reporting
• Attend formal company orientation and training
• Participate in mentoring program and networking events
• Lead an end of assignment presentation

Skills

Finance knowledge

Excel

PowerPoint

Power BI

Tableau

Internship experience

Leadership

Location flexibility

Education

Finance major (undergrad)

Tools

Power BI

Tableau

Excel

PowerPoint

Job description

Ally and Your CareerAlly Financial only succeeds when its people do - and that’s more than some cliché people put on job postings. We love 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. You’re constantly evolving, so shouldn’t your opportunities be, too?Work Schedule : Ally designates roles as (1) fully on-site, (2) hybrid, or (3) fully remote. Hybrid roles are generally expected to be in the office a certain number of days per week as indicated by your manager. Your hiring manager will discuss this role's specific work requirements with you during the hiring process. All work requirements are subject to change at any time based on leader discretion and/or business need.The OpportunityWe’re in the business of putting people first, and we’ve been doing just that for over 100 years. Our mission isn’t performative either: we show up for our customers when it comes to their financial needs. We’re making banking smarter and simpler while serving our communities. We value and encourage the mantra of working better together.That’s where you come into play. Test drive the tools in your educational toolbox and learn some new skills along the way with an 11-week paid internship with us. Your internship with Ally will move you from educated to experienced.The Ally Internship Program guides and mentors students with development opportunities and experiences that support your career interests while also driving the business forward. You’ll have the opportunity to connect with diverse teams and functions across the company. You will interact with Ally’s leadership and learn from their personal successes. You will gain the experience to know what it means to be an Ally!The Work ItselfAs part of our Internship Program, you will have an opportunity to:Have hands on experience and project-based workAttend Orientation, Executive Speaking Series, and learning sessions as an Intern cohortParticipate in Mentoring Program and Giving Back Events Network with your peers, your team, and those Allys you find interestingLead an end of assignment presentationThe Details:Must be graduating between December 2027 and May 2029Internship Program Timing: May 25 – July 30, 2027 (tentative)40 hours each week with a mix of in-office and remote working daysProject-based workMarket competitive hourly compensation and a sign-on bonus, as well as financial housing assistance for those who qualifySuccessful interns will have the opportunity to return to Ally in an Early Talent Program or full-time role, or to a second internship, depending upon graduation timing.The Finance internship is comprised of teams responsible for financial reporting and analysis for Auto, Insurance, and other Finance teams at Ally. Responsibilities will vary across each team, but will allow you to apply your classroom knowledge in a real world setting. The CFO interns will have the opportunity to:Summarize and analyze financial dataDevelop skills related to financial analysis, data analytics and reporting, and effective communicationAttend formal company orientation and trainingParticipate in executive speaking seriesHave hands on experience in area of study; as well as participate in project-based workParticipate in an Employee Resource Group mentoring programLead an end of assignment presentationLeadership and career developmentNetworking opportunitiesAreas of Opportunity:Corporate Treasury - activities supporting optimization of Ally’s balance sheet, funding, and liquidity, as well as compliance related to capital and liquidity regulatory requirementsEnterprise FP&A / Investor Relations – financial planning, analysis and reporting of actual financial results and operational metrics for enterprise functions and consolidated resultsConsumer Bank Finance – financial planning, analysis and reporting for consumer and commercial banking businessDealer Financial Services Finance - financial planning, analysis and reporting for auto and insurance businessesFinance Transformation – transformational value creation, delivering high-value business outcomes through data, advanced analytics and forecastingThe Skills You BringRequired Qualifications:A rising Junior or Senior (during the time of internship) in a full-time undergraduate programMajoring in Finance or taking finance coursesWell-rounded in academics, volunteering, and fun!Eager to challenge the status quoEligible to work in the US for any employer without sponsorship from the company now or in the futurePreferred Qualifications:Experience in Excel, PowerPoint and Power BI or TableauPrevious internship experience, extracurricular activities, and leadership experience is preferredCandidates should reside in a commutable distance from the Ally location to which they are assignedA passion for the financial services and technology industry is strongly preferredMinimum Qualifications0+ years of experienceHigh school Diploma or GED equivalentHow We'll Have Your BackAlly's compensation program offers market-competitive base pay and pay-for-performance incentives (bonuses) based on achieving personal and company goals. Our Total Rewards program includes industry-leading compensation and benefits plus additional incentives that are designed to meet your needs and those of your family so you can get the most out of your career and your life, including:Time Away: Program starts at 20 paid time off days in addition to 11 paid holidays and 8 hours of volunteer time off yearly (time off days are prorated based on start date and program varies based on full or part-time status and management level).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 pay downs and 529 educational save up assistance programs, tuition reimbursement, employee stock purchase plan, and financial learning center and financial coach access.Supporting your Health & Well-being: flexible health and insurance options including medical, dental and vision, employee, spouse and child life insurance, short- and long-term disability, pre-tax Health Savings Account with employer contributions, Healthcare FSA, critical illness, accident & hospital indemnity insurance, 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 assistance as well as paid parental and caregiver leave, Dependent Day Care FSA back-up child and adult/elder care days and childcare discounts.Work-Life Integration: other benefits including Mentally Fit Employee Assistance Program, subsidized and discounted Weight Watchers program and other employee discount programs.Other Compensations: depending on the role for which you are considered, you may be eligible for travel allowances, relocation assistance, a signing bonus and/or equity.To view more detailed information about Ally’s Total Rewards, please visit this link: https://www.ally.com/content/dam/pdf/corporate/ally-total-rewards-snapshot.pdfWho 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.In accordance with the Americans with Disabilities Act, if after review of the position expectations, you believe that you may need a medical accommodation to fulfill the duties of this role, please email [e-mail] with details of your accommodation request.Base Pay Range$25.00 - $33.00An individual's position in the range is determined by the specific role, the scope and responsibilities of the role, work experience, education, certification(s), training, and additional qualifications. We review internal pay, the competitive market, and business environment prior to extending an offer.Incentive Compensation:This position is eligible to participate in our annual incentive plan.