Employee Review
- 3.020 Mar 2023
Usual big company mentality
Vice PresidentFormer Employee, more than 8 yearsJacksonville, FLPros
Excellent benefits; fellow employees are generally very good to work with; interesting work depending on the particular job; opportunity to relocate of change jobs (after I bellieve 2 years in a job position)
Cons
Lots of regulatory and financial bad news over the years and lots and lots of layoffs and cutbacks. Like many companies they talk about client service and taking care of employees but really their first, last, and only motivation is $. They are always looking to transition jobs to cheaper markets if possible so from NY to Jacksonville and then on to India or the Philippines. There are generally never actually have enough employees to perform the job due to the focus on "doing more with less" so it can be stressful. However, you will find this same mindset and short term thinking generally in any big company; and there is opportunity to succeed and advance, so overall I would say it's normal business as usual for a large institution.
3
Other Employee Reviews
- 5.011 Sept 2023AnalystFormer Employee, more than 1 yearJacksonville, FL
Pros
There were some very good people working here. If you are into banking or finance then this is a good place for you.
Cons
There were a lot of layoffs when I was here. I survived several rounds of layoffs, but this caused me to look for employment elsewhere.
- 3.018 Sept 2023Assistant Vice PresidentCurrent Employee, more than 10 yearsNew York, NY
Pros
Flexible hybrid work schedule Direct managers that are fair and supportive Diverse Anti-discriminatory Ability to work without being micro-managed
Cons
Poor decision making by upper management and board. Years of paying for legal fees due to corruption, bribary, market manipulation, etc by top brass could have went to the dedicated employees who work tirelessly to keep infrastructure up and running. Their decisions up top affects subordinates and their families but that does not seem to matter to the top brass.
