Summer 2027 Internship – Auto Finance: SmartAuction (Detroit, MI/Lewisville,TX)

Ally Bank•Detroit, MI

About The Position

Ally Financial is offering an 11-week paid internship with its SmartAuction business, an internet auction platform that provides eligible dealers access to wholesale vehicle inventory, offers, and nationwide auction and vehicle-sales data. The internship is designed to connect students with teams and functions across the company and provide mentoring, leadership exposure, hands-on experience, and project-based work. The program runs from May 25 through July 30, 2027, for 40 hours per week, with a mix of in-office and remote working days. Interns participate in orientation, training and learning sessions, an executive speaking series, mentoring, networking, and giving-back events. They also complete an end-of-assignment presentation. 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 for 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 current or future company sponsorship.
Have a high school diploma or GED equivalent.
Have 0 or more years of experience.
Demonstrate leadership, interpersonal, and communication skills, as well as analytical thinking, collaboration, and learning agility.

Nice To Haves

Business, Finance, or a related field of study is preferred.

Responsibilities

Complete hands-on, project-based work supporting SmartAuction.
Attend intern orientation, executive speaking series, and learning sessions.
Participate in the mentoring program and giving-back events.
Network with peers, the assigned team, and other Ally employees.
Deliver an end-of-assignment presentation.

Benefits

Market-competitive hourly compensation
Sign-on bonus
Financial housing assistance for those who qualify
20 paid time-off days, prorated based on start date and program terms
11 paid holidays
8 hours of yearly volunteer time off
401(k) retirement savings plan with matching and company contributions
Student loan pay-down assistance
529 education savings assistance
Tuition reimbursement
Employee stock purchase plan
Financial learning center and financial coach access
Medical, dental, and vision insurance options
Life insurance
Short- and long-term disability insurance
Health Savings Account with employer contributions
Healthcare flexible spending account
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
Childcare discounts
Employee Assistance Program
Subsidized and discounted Weight Watchers program
Employee discount programs
Potential travel allowances, relocation assistance, and equity, depending on the role