There is certainly a reason that Bank of the West is known among employees as Bank of the Worst. The sales goals are comparable to other banks; however the products are not. The pay is less than other financial institutions and the benefits are average. The best thing about the company is the ability to use tuition reimbursement. The management is TERRIBLE at all levels including branch, region, and executive. The culture is rather cutthroat given that the goals aren't that challenging. I was a high performing banker without having to put in an excessive amount of effort. This company is all about who you know and not what you know. Nepotism gets you far.
The growth strategy of the company is not sustainable and often leads to further setbacks because the plans are not well planned nor executed. The only thing I enjoyed day-to-day was customer interactions. 5 years ago, when I came on board, I felt that the company was headed in a good direction, at this point, I feel that the company will hire anyone willing to show up. The employees often behave as though they are being inconvenienced by the work itself or customers.
As a whole, knowing what I know now, I would never have started with the company. I stayed because of the location being close to home. A market manager was brought on that was very thoughtful and encouraging and she was great for my development. She has left the company due to many of the reasons listed above and this has been a catalyst in my seeking employment elsewhere.
management, unsustainable growth plan