Banco Itaú
3.5 of 5 30 reviews
www.itau.com.br São Paulo, Brazil 50 to 149 Employees

Banco Itaú Reviews

Updated Mar 11, 2014

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3.5 30 reviews

                             

83% Approve of the CEO

Banco Itaú Vice Chairman, President, and CEO Roberto Egydio Setubal

Roberto Egydio Setubal

(18 ratings)

69% of employees recommend this company to a friend
6 Employee Reviews Back to all reviews
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  • Culture & Values
         
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  • Senior Management
         
  • Comp & Benefits
         
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  • No Opinion of CEO

 

Confused

Analyst (Current Employee)
Miami, FL

I have been working at Banco Itaú full-time for less than a year

ProsFriendly and charming culture
Growth-oriented / International expansion

ConsLess than adequate compensation
Purpose of business is unclear
Confusion among staff

Advice to Senior ManagementBrazilian modus operandi needs to change

No, I would not recommend this company to a friend

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  • Work/Life Balance
         
  • Senior Management
         
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  • Career Opportunities
         
  • No Opinion of CEO

 

strange workplace

Anonymous Employee (Former Employee)
New York, NY

I worked at Banco Itaú

ProsExcellent Medical/dental Benefits for employees

ConsThey take care of there inner cirlcle only

No, I would not recommend this company to a friend

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  • Culture & Values
         
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  • Disapproves of CEO

 

Tiring and little opportunity for development

Senior Business Analyst (Former Employee)
São Paulo, São Paulo (Brazil)

I worked at Banco Itaú full-time for more than a year

ProsOne of the best salaries on the market;

ConsRidiculously bureaucratic;
Incompetent Executives;
Lots of unqualified employees that are kept due to union;
Strongly subjective meritocracy;

Advice to Senior ManagementWhile the same executives stays in control, the bank will still be ridiculous. The only thing that saves you in the fact that is a very protected market. Let's just hope that this doesn't change in near future, for your sake...

No, I would not recommend this company to a friend

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  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Started well, then got lame

Sales Planning Manager (Former Employee)
São Paulo, São Paulo (Brazil)

I worked at Banco Itaú full-time for more than 3 years

ProsGood salary
Enough benefits
Good workplace
Nice coworkers
Proper training
I enjoyed work in Itau while the company was on its own, after the merge with Unibanco things got strange.

ConsToo much politics
No right direction
Hard work doesn't mean recognition, politics yes.
The company went from a doer company to a show off company. No one cares if you deliver or not, only if you sell properly to your bosses and to the board.

Advice to Senior ManagementYou are loosing all the good workers, change directions soon... otherwise you will maintain only the lame workers.

No, I would not recommend this company to a friend

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  • Culture & Values
         
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  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

The world starts and ends in LatAm

Anonymous Employee (Current Employee)

I have been working at Banco Itaú full-time for more than 3 years

ProsHas plenty of money to throw around

ConsYears behind the culture of developed countires

Advice to Senior ManagementReally get to know international environmnet

No, I would not recommend this company to a friend

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  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Disapproves of CEO

 

If you're a leader there are better banks to work for..

Director (Former Employee)

I worked at Banco Itaú

Prosseveral training
a lot of entry level positions
present in several cities
well known company

basically if you are leving college Itaú could be one of your choices.
At bank engineers are the most common group of undergratuades.
the company have several programs in order to boost your academic profile. for instance MBA programs which covers all expenses for two years.

Consno quality of life what so ever
management lacks communication skills
decision making process is based sole on CEO

Usually all performance reviews are based on relationship instead of pure performance achieviments
promotions only occurs if you know someone at board or director level.

Advice to Senior ManagementGrow UP !

No, I would not recommend this company to a friend

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Glassdoor is your free inside look at Banco Itaú reviews and ratings — including employee satisfaction and approval rating for Banco Itaú CEO Roberto Egydio Setubal. All 6 reviews posted anonymously by Banco Itaú employees.