Personal Banker (Current Employee), San Jose, CA – August 19, 2014
Pros: good benefits, great systems, great history, generous pto, great training programs
Cons: poor upper management makes it hard to get raises/promotions, dm brings in everybody under market salary level, goals are unrealistic, only bank open on a saturday until 6pm, internal job postings often difficult to attain
Sales goals are un realistic. Salaries are below industry average. Bonus are difficult to attain and lower than other banks. DM is horrible in terms of management/people skills. Very rude to employees comes to locations and doesn't even acknowledge staff besides branch manager. Regardless if everything is going according to her demands she would find – more... something that she doesn't like and come back once it's the way she likes and then say its incorrect.
Need better people managers and less micro managers – less
Very large presence in the valley can move to any department
Loan Administration Manager II (Current Employee), Pheonix, AZ – December 18, 2014
Pros: good pay and benefits
Cons: very demanding and can burn out
very large presence in the valley, lay offs are very common, changing departments is very common. employees move around departments on a regular basis, it's not always easy to have seasoned employees with all the movement.
I love working with people, but only when you have the answers or help getting the answers when needed.
Customer Care Specialist (Former Employee), Salt Lake City, UT – December 18, 2014
Pros: free work out room, hice work area, great parking, ability to help community.
Cons: poor training, lackluster attitude from management.
My experience was poor at best, I liked what I did but I felt that they didn't live up to he help they promised and left us with out answers for there customers. Working area was nice and the over all facility was very nice.
Personal Banker (Current Employee), Cape Coral, FL – December 18, 2014
Pros: good experience
Cons: everything else.
Great place to start as a banker. They teach you how to be aggressive, and competitive in sales, makes it easier to get a job at another bank. Pay out SUCKS, you work your a** off for a very minimal quarterly payout. its on a level system so if you hit there bronze level in something, and you continue selling,you won't get payed out for what you sell.
. typical work day - would include intensive pipeline management; escalating tasks, multi-tasking efficiently. . what I have learned - the respect for sales and sales associates and how much you interact with third party vendors as communication is key . management - I have been fortunate enough to work under the best manager I have ever been employed – more... by at Wells Fargo Home Mortgage . co-workers - teamwork is crucial and sharing and embracing the wealth of knowledge . the hardest part of the job - being displaced I feel like I'm losing a limb, I have the utmost passion for my job as an LDS5 processor. . the most enjoyable part of the job - ultimately receiving outstanding loyalty scores from our customers which is done by submitting exceptional loans to our underwriters and closers. – less
Teller (Current Employee), Gaithersburg, MD – December 17, 2014
Cons: extreme focus around sales and overcoming objections from customers
Managers definitely let the pressure of sales get to them. As a teller your job should be to refer products and have a personal banker close the deal. If for whatever reason the customer declines the product they expect you to present another product until the customer gets either overwhelmed and decides to sit with a banker or gets extremely upset – more... and makes a scene. – less
Teller (Former Employee), Oakdale, CA – December 17, 2014
Pros: good pay, steady hours throughout the year, lots of team building
Cons: managers have to push employees to sell more, stress from low sales
As a teller your main job is to perform monetary transactions with good accuracy while searching for new products and accounts for costumers. It's a very sales driven atmosphere and the managers will get on your case a bit for low numbers. Performance is tracked through a quarter system and sales bonuses were given based on performance through the entire – more... quarter. Low numbers can get you written up and/or fired but managers are helpful and want you to succeed. – less
Fast pace, rewarding and encouraging environment with amazing professional mentors.
Teller/Lead Teller/Private Client Associate (Former Employee), Las Vegas, NV – December 17, 2014
Pros: healthcare, 401k, pto
Cons: market crash 08, wachovia merger
While at Wells Fargo Private Bank I would always start my day by going over balance sheets and overdraft reports. I would then have a morning meeting with the heads of Private Banking and go about my tasks. Once at the Private Banking level all staff there worked under minimal supervision because it was understood that to be there you knew what you – more... were doing, what was expected and you were expected to deliver. With my time at Wells I went from being a Teller at an in-store retail branch to working at the Howard Hughes Tower in Private Banking for the Wealth Management Group. I learned everything from the basics of retail banking to the fundamentals plus of Investments and Trust Allocation in my time at Wells. I was exposed to every division of the Wealth Management Group and for that I am eternally thankful. Wells was a company that believed in supporting it's employees and celebrating them as well. I developed wonderful mentor relationships with my management staff. The hard part of the position though would have to be at times getting a last minute call from a client who wants to complete a transaction and they do not understand nor do they want to hear the word NO. At that level of banking and Investments you are dealing with high net worth clients and NO is NOT an option, so having to make those high pressure moments work was sometimes difficult but once you did it was beyond rewarding. – less
Daily routine as a lending manager/loan administration manager
LOAN ADMINISTRATION MANAGER 2/LENDING MANAGER 1 (Former Employee), Fort mill South Carolina – December 17, 2014
Pros: didnot promote team recognition
Cons: job stability
reviewed previous and daily reports to for underwriters. Made outbound calls and received inbound calls from customers daily. research and made corrections on errors made by the rep. Had daily huddles with team members to go over previous stats, acknowledged top producers. perform daily one on ones with employees.
Licensed Personal Banker (Current Employee), Concord, NC – December 16, 2014
Provides full-service banking to high value clients and manages a portfolio of account relationships while coaching bankers on skill development and processes. Provides consultative conversations addressing complex financial needs to the affluent market segmentation. Partners with Specialists to create customize financial plans including Insurance, – more... Mortgage and Retirement planning. Active Licenses; Series 7, 63, 26, Life and Health – less
Personal Banker (Former Employee), Glenolden, PA – December 16, 2014
Pros: hours were excellent
Open accounts, maintain accounts daily, replace debit cards, call clients and sell them upgrades on their accounts, work with the tellers to open new accounts and upgrade account holders with a higher account balance
Data Entry/Loan Specialist/Customer Service (Current Employee), CIC – December 16, 2014
Pros: not boring always something to do
I have a pipeline of 150 loans a month assisting borrower's with keeping their homes/foreclosure. I learned that everyone need some type of assistance when it comes to society and the job market. My co-workers work together and pass along good information that always help when you come across different situations. The hardest part of my job is not handling – more... the file from start to finish because if it is in the hands of someone else that care as much as I do they will not work as hard and do their part and I have to figure out a way to fix the issue so this customer will be helped in a timely manner. I also wish Manager's could be more supportive and if they don't know answers to questions say they don't know but will get the answer and the right one. The most enjoyable part of my job is working with so many different systems at one time. Never a boring moment. – less
DataStage Developer (Former Employee), St. Louis, MO – December 16, 2014
WELLS FARGO & Company is a diversified financial services company headquartered in the western U.S.A., provides banking, insurance, investment, mortgage and consumer finance for more than 23 million customers through 6,000 stores.Wells Fargo Capital Markets Operational Data Store ( CMODS) is a database system that contains consolidated mortgage loan – more... data, including pipeline loans, reverse loans, and loan commitments from rate lock to settlement, using data provided by participating loan origination systems, and other mortgage information systems. All loan information is refreshed daily. – less
Senior Underwriter (Former Employee), Charlotte, NC – December 16, 2014
Pros: there is nothing good about working here
Classic example of a toxic work environment. Poisonous political environment, antiquated technology, a million layers of useless middle management who sole goal is hanging onto their paychecks with disregard for the clients or other associates.