Summer 2026 Internship – Auto Finance (Detroit, MI) .
Ally and Your Career
The Opportunity
- Have hands on experience and project-based work
- Attend Orientation, Executive Speaking Series, and learning sessions as an Intern cohort
- Participate in Mentoring Program and Giving Back Events
- Network with your peers, your team, and those Allys you find interesting
- Lead an end of assignment presentation
- Internship Program Timing: May 26 – August 7, 2026
- 40 hours each week with a mix of in-office and remote working days
- Project-based work
- Market competitive hourly compensation and a sign-on bonus, as well as financial housing assistance for those who qualify
- Successful 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 Work Itself
Areas of Opportunity:
- Business Line Risk - this team establishes the risk management program for Auto Finance. The team works with business partners to optimize operations and Auto Finance risk/return profile.
- Commercial Credit Risk Analytics & Reporting - this team is responsible for building and maintaining data, reporting and analytical routines for Ally’s ~$23B Commercial Automotive loan portfolio. These routines are used to monitor portfolio performance, to support credit risk management strategies, to perform credit loss forecasting activities (used for corporate financial planning, reserving and stress testing), and to support day-to-day operations of the portfolio management, dealer credit administration, underwriting, and analytics teams.
- DL Forward Flow - This department develops and manages alternate lending strategies that include application pass-through programs and forward flow arrangements with automotive retailers. These strategies allow dealers to provide expanded access to credit for consumers, and diversify Ally’s originations strategy. These teams utilize data, strategy and relationship management to generate accretive revenue.
- Product & Strategy - this team is responsible for supporting product, underwriting, and contract processing teams as they make data driven decisions. The team is responsible for data identification, data extraction, data processing, analysis, and the packaging of results for distribution. Process Optimization and Automation - Partners with Auto leadership to drive value through innovative process improvement and automation strategies that creates revenue growth, reduces expenses, reduces risk and improves customer / employee experience.
- Sales Alliance - this team manages the relationship between Ally and the Automotive Manufacturers and Large Dealer Groups. The team is responsible for the overall Leasing strategy of Ally and supports the field sales organization by providing data analytics and business intelligence to achieve financial targets. In addition, they also identify and research industry and economic trends, and possible OEM partnerships to assess the impacts to the Ally organization.
- SmartAuction - is an industry-leading internet auction that offer access to virtual inventory of wholesale vehicles for eligible dealers of all brands. You can make or receive offers from your computer or mobile device on select vehicles for sale an deceive access to auction inventory and vehicle sales data nationwide.
The Skills You Bring
- Rising Junior or Senior (during the time of internship) in a full-time undergraduate program.
- Major/Course of Study: Business, Finance, or related field preferred.
- Excellent leadership, interpersonal and communication skills.
- Demonstrates Analytical Thinking, Collaboration, Learning Agility.
- Available for the full duration of the internship program.
- 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
Ally'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.pdf
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.
We are committed to working with and providing reasonable accommodation to applicants with physical or mental disabilities. For accommodation requests, email us at hrpolicy@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.