Go to another bank - Fraud Analyst Ally Financial Employee Review

1.0
Mar 17, 2025
Recommend
CEO approval
Business outlook

Pros

Ok benefits Ok pay compared to most banks in the area. Bank itself is ok. Tried to be positive.

Cons

Once again, the bank itself is ok but the main issue is leadership. Too many chiefs and not enough Indians as they say. What's even more disturbing is the fact the Indians have more experience than some leaders. A lot of leaders will use you for your ideas with no recognition (doesn't apply if you're one of the cool kids in the "in" crowd). For an online bank, it falls short in the advanced tech of things like they state due to constant cyber attacks that could've been avoided. Most promotions are friends of leaders or they bring in their friends to Ally but lack of fraud knowledge has been shown. Disorganized, constant changes to procedures that don't make sense from a fraud standpoint. Fraud leaders are usually "cliqued up" with their friends and have no problem talking about others in a negative light openly. Truly a borderline bully culture because no one wants to speak out in fear of being retaliated against. Found that a lot of leaders talk a good game but lack true leadership and knowledge when it counts. Need better pay to help with rapidly rising cost of living but I think that's most jobs in Charlotte. Definitely not a career bank unless you're friends with the right people or willing to kiss butt to make it. And to speak about the HR department who outsourced a company that takes your complaint to determine if it's worthy of being sent to Ally HR (I cannot make this stuff up). If so, you will get an unfavorable outcome unless you have leaders as your friend to look out for you even if that person wasn't honest and guilty of the accusation. Seen a few people who have committed sexual/workplace harassment and still work there and a few have got promoted but yet we are required to take a workplace harassment course every six months- year that states it won't be tolerated. LOL. It's truly a joke and sad. Not even going to touch on the race issue in leadership as much either because it's exhausting when you have educated people of color with degrees/experience working Frontline but mostly "lighter" women and men with less experience as leaders. This bank is just as bad as Wells Fargo.

Explore other reviews about Ally Financial

5.0
Jun 8, 2026
Recommend
CEO approval
Business outlook

Pros

Competeive pay, Great benefits, and bonuses.

Cons

It can be a stressfull and competitive atmosphere.

3.0
Jun 11, 2026
Recommend
CEO approval
Business outlook

Pros

Great benefits and affordable healthcare Hires excellent talent Progressive and current on the bank side Visible female leadership representation Many ways to be involved through employee culture programs and speakers to quickly build an internal network Will help move internally if stagnated Low turnover Bonuses were reliable Took care of employees through pandemic Very nice new Charlotte building and new Detroit floors including fully outfitted gyms and rest areas like golf swings and cool chairs Offices are near places to walk for lunch or take a break Bank holidays and decent PTO that was respected if you prepare

Cons

Low-to-middle market compensation Culture changed post-pandemic and then with government pressures on DEI Lots of red tape with an expectation to move faster than employees can Layoffs started happening with CEO change, and it was odd that top performers were let go Only 3 POC represented in Board and Executive Leadership and twice as many men as women Perfectionism and performative culture Auto business is archaic Everyone has to work a lot and you hear horror stories about IT goes through There's an expectation that you should work some more after you get home. Penalized for not buyng into the koolaid, but also penalized if you do but not doing it frequently enough Low turnover prevents meaningful career & salary growth for many employees who have been there 10+ years Encourages openness and authenticity only to get met with barriers as soon as you do

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