Ally Financial is looking to provide students with an 11-week paid internship program to gain practical experience, develop new skills, and contribute to the business's success. The program aims to transition interns from an educational setting to a professional environment, offering mentorship, networking opportunities, and exposure to various business functions within the company.
Requirements
- Rising Junior or Senior (during the time of internship
Responsibilities
- responsible for completing the financial analysis and related due diligence for extensions of inventory credit lines and other commercial loans (real estate, working capital, lines of credit) to current and prospective automotive dealership customers.
- evaluates, negotiates, and decisions consumer offerings within Ally's underwriting policies to further grow application and contract volume.
- build and maintain a portfolio of dealers and provide best-in-class relationship management for their assigned territories.
- responsible for providing support directly and indirectly to our dealer customers that include performing daily tasks that support and accurately maintain our dealers wholesale accounts.
- onboarding of new retail relationships with automotive dealerships, oversight of collateral audits, funding and payoff of floorplan units, accounting and payment processing of all payments to/from automotive dealerships in the Ally commercial portfolio, and preparation and maintenance of collateral and security documentation.
- facilitate the delivery and management of products and services to automotive dealers, including lines of credit for vehicle inventory, equipment, working capital and real estate loans, and commercial insurance products, to assist in dealership operations.
- credit underwriting, new business development, loan closing, payment processing and account management.
Other
- Have hands on experience and project-based work
- Attend Orientation, Executive Speaking Series, and learning sessions as an Intern cohort
- Participate in Mentoring Program and Giving Back Events
- Network with your peers, your team, and those Allys you find interesting
- Lead an end of assignment presentation
