Vantaggi
Competitive base salary even if you have zero banking experience Can work from home Do not have to produce anything for entire first year and management will keep you
Svantaggi
No training No on boarding for new hires No direction from management No breakdown of processes Upper management clueless to how day to day life actually is No support from management Internal turmoil over assigned credit Compensation plan changes during the year High, high , high turnover. HIGH!! Chop shop of banking. Unhappy workplace No system in place for any improvement Management does not communicate ( I.e, answer their phone or return emails ) consistently on a daily basis Zero people on team performing to minimum standards Irrelevant training required ( Moody's analytics forced on employees but training was for financial analysts, not bankers) No local marketing No regional presence Awful customer service support Antiquated systems Company prides itself on being digital banking leader yet cannot perform minimum functions necessary of bank Hired external candidate for management with no precious management experience to lead team of bankers who need severe help understanding what is acceptable in company's eyes. Underwriting is in Birmingham and does not understand local market. Have to reinvent the wheel every loan submission. Cannot do limes of credit based on A/R's because system cannot handle it. Severe disadvantage in banking. Average loan takes 60-90 days. SLOW underwriting and processing. Company keeps hiring new underwriters who do not understand how to underwrite loans Burn through your COI's and key contacts due to inability to follow through with promises/ deadlines Zero sense of urgency Upper management continues to get promoted without any improvement on ANY of these aspects. Upper management is beyond a doubt, absolutely clueless to what it takes to be successful. If they do not know, how they they implement it from a top down structure ? No advancement opportunities.