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Top 30 Ally Financial Inc. Interview Questions

Question 1 of 30
At Ally Financial we offer many different financial services. Which aspect of financial services are you best versed in?
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Question 2 of 30
At Ally Financial we put a lot of value in the continued training of our employees. If you could expand your knowledge in any financial service area, which would you choose?
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"I really appreciate that Ally Financial Inc. puts so much emphasis on the education of your employees. If I could choose to further my education in any area of financial services, I would choose to learn more about hedge funds."
"I take professional development very seriously and have attended a variety of courses this year including Financial Markets and Products, and Personal Financial Planning II. If I could take another, I would definitely choose to learn more about Personal Financial Planning but taking the Level III course."
The interviewer would like to know that you would be willing to commit more time to expanding your financial services knowledge. If you were given the opportunity to expand your industry related training, which area would you choose?
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Question 3 of 30
Talk to me about your post-secondary education and how you feel it will help you in a career with Ally Financial.
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"I have a Bachelor's Degree in Accounting with a focus on Financial Law. I feel that the Financial Law aspect will help me immensely in my career with Ally Financial Inc. because it is a strong major that helped me to understand the effects of all actions in business. It's caused me to strengthen my analytical mind and problem solving capabilities."
"My education has been primarily on-the-job training and additional coursework on mutual funds, and RESP's. You will see a full list of my certificates on my resume. In addition to these credentials, I have enrolled in a Financial Planners workshop this fall."
Take a few minutes to walk the interviewer through your post-secondary education. Which aspects of your education do you look forward to applying to your future career with Ally Financial Inc.?
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Question 4 of 30
When it comes to financial services, which focus do you find the most rewarding?
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"I find many areas of financial services to be intriguing. After researching your company further, I see that you focus on Capital Market Services and Brokerage Services. I really enjoy working in both areas but primarily Capital Market Services and restructuring debt."
"One of the primary reasons behind my application to your company was that you offer Commercial Services. This is an area or strength for me that I look forward to evolving even further."
There are so many areas of focus when it comes to financial services. Talk to the interviewer about the areas of finance that you enjoy working on the most. Be sure to acknowledge some areas of focus within Ally Financial Inc. when you answer this question.
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Question 5 of 30
How do you stay on top of new trends in the financial services industry?
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"I stay on top of financial service trends through a variety of blogs, news sites and financial magazines. My favorite finance news site at the moment is businessinsider.com."
"I believe that it is crucial for me to stay on top of news in the financial services industry if I hope to be a success. I have joined multiple meet up groups to network with industry peers. It has really helped my network and given me insight into how other financial service professionals are making their careers flourish."
The interviewer would like to know that your passion for financial services goes beyond your work hours. Do you keep on top of industry news and trends on your off time? Assure the interviewer that you are well immersed in the industry.
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Question 6 of 30
As a professional in the financial services industry, you must have great integrity. Do you consider yourself an honest and trustworthy person?
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Question 7 of 30
Due to the sensitivity of our business, in order to work for Ally Financial, you must be able to pass a criminal background check. Are you willing to comply?
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Question 8 of 30
At Ally Financial we put great pride in our customer service. How do you ensure that your clients are well taken care of?
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Question 9 of 30
Every employee with Ally Financial is expected to be sales-minded and target driven. Walk me through your experience in sales based roles.
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Question 10 of 30
Tell me about the largest financial portfolio you have been responsible for.
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Question 11 of 30
Do you have experience in cold calling? If so, tell me about your targets and results.
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Question 12 of 30
Aside from your post-secondary degree, what other financial services related training and certifications do you possess?
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Question 13 of 30
Would you consider expanding your education to include an MBA? Why or why not?
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Question 14 of 30
What qualities do you feel a successful manager should have?
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Question 15 of 30
How do you believe your coworkers would describe you?
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Question 16 of 30
How long will it take you to make a meaningful contribution to our team at Ally Financial?
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Question 17 of 30
How would you rate your performance in this interview so far?
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Question 18 of 30
Describe to me a time when you made an error in your current or former position, and the impact your mistake made? How did you correct the error, what did you learn from it?
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Question 19 of 30
How do you feel about performance incentives?
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Question 20 of 30
Tell me about a time where you had to analyze information in order to make a recommendation.
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Question 21 of 30
If you could alter your career path, in any way, what would you change?
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Question 22 of 30
Ally Financial seeks out natural and confident leaders. What leadership qualities do you possess?
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Question 23 of 30
How can Ally Financial motivate you on the job?
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Question 24 of 30
Have you ever broken a confidentiality agreement?
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Question 25 of 30
List the top 3 skills that you have acquired in your last role.
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Question 26 of 30
Honesty is of utmost importance to us at Ally Financial. Have you ever taken the fall for a situation, where it was really not your fault, in order to protect a coworker?
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Question 27 of 30
Accuracy is important to us at Ally Financial. Do you always double check or proofread your work?
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Question 28 of 30
Ally Financial is looking for employees who are dedicated to their clients. How often do you take work home with you?
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Question 29 of 30
When have you shown a willingness to learn a new method or new approach to solving a problem?
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Question 30 of 30
There will be great days at Ally Financial and some days that are tougher to get through. When you suffer a setback, how does that emotionally affect you and your work?
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About our Ally Financial Inc. Interview Questions

Our Ally Financial interview questions and answers are created from the industry we believe they most well-represent. For a full list of industries we base our company interviews off of; click here.

About Ally Financial Inc.

Ally Financial Inc., previously known as GMAC Inc. (an acronym for General Motors Acceptance Corporation), is a bank holding company headquartered in Detroit, Michigan, United States at Tower 200 of the Renaissance Center.

The bank has more than 15 million customers worldwide and provides a range of financial services including auto financing, corporate financing, insurance, mortgage services, and online banking. In 2009, Ally employed 18,900 people. In 2008, the firm provided financing to 75% of the 6,450 General Motors dealers.

The company was bailed out by the US Government during the financial crisis of 2007?08 taking over from its previous owner General Motors. On 24 December 2008, the Federal Reserve accepted then-GMAC's application to become a bank holding company. Ally returned to profitability in 2010, posting a net profit of $1.075 billion for the fiscal year. Ally planned but did not execute an initial public stock offering in 2011. Ally announced plans to launch an IPO in spring 2014, and the shares began to be traded as NYSE:ALLY on Apr 10, 2014.

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