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Ally Financial Employee Reviews for Senior Technical Consultant

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Senior Technical Consultant
in Bloomington, MN

"This was my dream job and I loved working at this company. I am very sad that the economy was so hard on this vital company."

What do you like about working at Ally Financial?

"I absolutely loved the culture. The people were positive, the company was growing at an unbelievable rate, and there was so much positive reinforcement to any and all effort to assist with the profitability of the company."

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

"No because the culture and nature of the business has changed considerably since I left in 2006."

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

"I didn't like the fact that the company was tied to General Motors. When the economy began to fall, so did the borrowing power of GM. GMAC Residential Funding needed the ability to borrow large amounts of money and at a good rate. Over time this became exceedingly difficult and consequently the cause of a merger and an acquisiton. The merger of a much larger and less profitable company caused major upset and the results have not been very positive to date."

What suggestions do you have for management?

"I wouldn't dream of making suggestions to the management of this company. I can only imagine how difficult it must have been to decide whether to continue as a smaller entity, knowing that it would cause the loss of over 10,000 jobs or to merge and attempt to grow over time and save at least some of the jobs."

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