Summer 2027 Internship - Auto Finance (Plano, TX)

Hybrid Plano, TX Full time

R2600246

Ally and Your Career Ally 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 Opportunity Your internship with Ally will move you from Educated to Experienced; connecting you with diverse teams and functions across the country. You will have the opportunity to interact with Ally's leadership and learn from their personal successes. The Ally internship program seeks to guide and mentor students with development opportunities designed to provide a bridge between the academic world and the world of business. Ally's internship program offers the following components: Market competitive compensation Formal company orientation and training Executive speaking series Experienced mentors Hands on experience Project based work Leadership and career development Networking opportunities The Work Itself We'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! As part of our Internship Program, you will have an opportunity to: 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 The Details Internship Program Timing: May 25th - July 30th, 2027 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. Areas of Opportunity Commercial Underwriting - responsible for completing the financial analysis and related due diligence for extensions of inventory credit lines and other commercial loans (real estate, working capital, lines of credit) to current and prospective automotive dealership customers. Consumer Underwriting - this group evaluates, negotiates, and decisions consumer offerings within Ally's underwriting policies to further grow application and contract volume. They build and maintain a portfolio of dealers and provide best-in class relationship management for their assigned territories. 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. Portfolio Management/Dealer Management - facilitate the delivery and management of products and services to automotive dealers, including lines of credit for vehicle inventory, equipment, working capital and real estate loans, and commercial insurance products, to assist in dealership operations. Roles and responsibilities include credit underwriting, new business development, loan closing, payment processing and account management. Inventory Auditor - This group is responsible for conducting and supporting collateral audit activities across Ally's commercial automotive portfolio. Interns will assist with reviewing dealership inventory records, validating collateral information, analyzing audit findings, maintaining audit documentation, and supporting compliance with internal controls and policies. The team partners with dealers and internal stakeholders to identify risks, resolve discrepancies, and help ensure the accuracy and integrity of wholesale floorplan collateral and related security documentation. Required qualifications. 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. #J-18808-Ljbffr Ally