Summer 2027 Internship – Auto Finance: Product & Strategy (Detroit, MI)

Ally Bank•Detroit, MI

About The Position

Ally Financial’s 11-week paid internship program gives students hands-on, project-based experience and connects them with teams and functions across the company. Interns participate in orientation and training, executive speaking and learning sessions, mentoring, networking, leadership and career development, and giving-back events. The internship concludes with an end-of-assignment presentation. The program is scheduled for May 25 through July 30, 2027, and is 40 hours per week with a mix of in-office and remote working days. The Product & Strategy team supports product, underwriting, and contract processing teams in making data-driven decisions. Its work includes identifying, extracting, and processing data, conducting analysis, and packaging results for distribution. Compensation is market-competitive and hourly; the posting also mentions a sign-on bonus and financial housing assistance for those who qualify. Successful interns may have the opportunity to return to Ally in an Early Talent Program, a full-time role, or another internship, depending on graduation timing.

Requirements

Be a rising junior or senior in a full-time undergraduate program during the internship.
Be available for the full duration of the internship program.
Be eligible to work in the United States for any employer without company sponsorship now or in the future.
Have excellent leadership, interpersonal, and communication skills.
Demonstrate analytical thinking, collaboration, and learning agility.
Minimum qualifications: 0 or more years of experience and a high school diploma or GED equivalent.

Nice To Haves

A major or course of study in business, finance, or a related field is preferred.

Responsibilities

Support product, underwriting, and contract processing teams as they make data-driven decisions.
Identify, extract, and process data.
Analyze data and package results for distribution.
Complete project-based work and deliver an end-of-assignment presentation.
Participate in orientation, learning sessions, mentoring, networking, and giving-back events.

Benefits

Market-competitive hourly compensation
Sign-on bonus
Financial housing assistance for those who qualify
Paid time off, paid holidays, and volunteer time off
401(k) retirement savings plan with matching and company contributions
Student loan pay-down and 529 educational savings assistance programs
Tuition reimbursement
Employee stock purchase plan
Financial learning center and financial coach access
Medical, dental, and vision insurance options
Life insurance and short- and long-term disability coverage
Health Savings Account with employer contributions and Healthcare FSA
Critical illness, accident, and hospital indemnity insurance
Total well-being program
Adoption, surrogacy, and fertility assistance
Paid parental and caregiver leave
Dependent Day Care FSA, backup child and adult/elder care days, and childcare discounts
Employee Assistance Program
Discounted Weight Watchers program and other employee discount programs
Potential travel allowances, relocation assistance, and equity, depending on the role