Working at Ally Financial in Troy, MI: 4 Employee Job Reviews by Real Employee working in Troy, MI Area

"I have worked with this company since 1996. Auto finance company with an on-line bank. Company has changed CEO three times in 8 years. Charlotte and New York and the locations to work at if you are managing a career. Detroit team is associated with Auto Finance and only has a future as long as rates are competitive."

"Excellent company with career growth opportunities"

What do you like about working at Ally Financial?

"Career opportunities for advancement"

What don't you like about working at Ally Financial?

"pay structure for gm employee loans"

What suggestions do you have for management?

"In order to capture top producers, commisssion plan needs to be restructured."

"I loved my job and the people I worked with"

What do you like about working at Ally Financial?

"It was a family."

"I loved all my positions and the company until Cerberus bought the company and eliminated our department."

What do you like about working at Ally Financial?

"The energy of everyone in the company! The determination, focus and teamwork to acheive the goal."

Do you have any tips for others interviewing with this company?

"What is the security of the position How much has GMAC improved since the recent cutback What data is available to confirm a turn around"

What don't you like about working at Ally Financial?

"That the company was purchased by a company that knew little about our business. GMAC had a niche market in the GM Family and GM Supplier clientelle. Cerberus saw no value in that and eliminated our department. The GM Family business was not a given and the company lost those clients that were the cream of the crop and was left with subprime customers - not an ideal situation in a declining economy!"

What suggestions do you have for management?

"While GMAC brought value to GM when they needed the cash the most, they should have used more care in the negotiation with a buyer so they could have insured success and value in the future. All of GMAC mortage retail offices nation wide are now closed because the immediate cash flow that was needed by GM few years ago."