OneWest Bank Reviews

Updated August 10, 2015
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3.0
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OneWest Bank President & CEO Joseph Otting
Joseph Otting
9 Ratings

Pros
  • Nice work-life balance, no micromanagment (in 3 reviews)

  • OWB has been a great place to work (in 4 reviews)

Cons
  • Upper management seems hesitant to approve OT and promotions (in 7 reviews)

  • Cost saving initiatives that only impact employees at a lower level while waste is prevalent at the senior management level and above (in 5 reviews)

More Pros and Cons

37 Employee Reviews

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  1. Systems Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Systems Analyst in Pasadena, CA
    Former Employee - Systems Analyst in Pasadena, CA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at OneWest Bank full-time (More than 5 years)

    Pros

    OWB gave me great opportunity to grow as an individual by allowing me to take on new projects. I was surrounded by a great team where we all helped each other.

    Cons

    Started off with a great culture but towards the end of the merger, the team fell apart and great people started leaving or were let go. Things may change perhaps after the merger.

    Advice to Management

    Its understandable that a business is there to make money but senior management could make the effort to spend more time to get to know individuals. You can also make your company grow if you send employees off to training.


  2. Growing company but patience is needed

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President/Relationship Center Manager in San Gabriel, CA
    Current Employee - Vice President/Relationship Center Manager in San Gabriel, CA
    Doesn't Recommend
    Positive Outlook

    I have been working at OneWest Bank full-time (More than a year)

    Pros

    Work life balance. 401k match.

    Cons

    Short staffing, management doesn't always pay for performance or top talent


  3. Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pasadena, CA
    Former Employee - Anonymous Employee in Pasadena, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at OneWest Bank full-time (More than 3 years)

    Pros

    Fast pace, a lot of things to learn.

    Cons

    Low salaries, a bit of micromanagement, employees seemed defensive within the company, maybe these are the nature of a bank.


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  5. Helpful (1)

    Ive worked here twice.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at OneWest Bank full-time

    Pros

    Good benefits. Great pay. Really good set schedule, good vacation and sick time. Pretty nice facilities. The first time i worked here the enviornment was better especially the management. There was a layoff and i got rehired and ever since the company went smaller its horrible.

    Cons

    Managment always gives you conflicting information. Everyone is never on the same page. If you have an escalated issue management never wants to assit you. They dont give any coaching advice in where you can improve.

    Advice to Management

    Know the job of those under you. The reason why your in management is to assist us with necessary escalations or situations in general


  6. Helpful (1)

    This company is great for someone that is willing to stay in their position till retirement.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Relationship Associate
    Current Employee - Relationship Associate
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at OneWest Bank full-time (More than 5 years)

    Pros

    Good benefits, good hours, good training, company cares a lot for customers and its primary focus is growing the relationship.

    Cons

    Pay is not that great, no advancement opportunities, always short staffed, and products aren't that great so sales can be a little hard to achieve.

    Advice to Management

    We need more tellers, need more staff in our branches, and also promote the employees that deserve the positions and not let it take 4 months to get approved. Thank you.


  7. Helpful (3)

    Manager

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at OneWest Bank full-time

    Pros

    Small Bank not your Big Bank lines, customers or headaches. Newer Leadership staff and the company is soon to be merged.

    Cons

    Company has the worst hiring process. It took me over 2 months thru a series of interviews. Talked to a Personal Banker it took her 3 months to get hired.

    Advice to Management

    Talking points thru a merger would be great. Having associates wing it thru a conversation isn't the best thing when trying to retain clients.


  8. Mostly Positive

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Benefits are good for the most part

    Cons

    Little advancement opportunity since layoffs


  9. Helpful (1)

    Really easy job, poor management.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Property Tax Department Associate in Kalamazoo, MI
    Former Employee - Property Tax Department Associate in Kalamazoo, MI
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at OneWest Bank full-time (More than a year)

    Pros

    The job really wasn't difficult, rarely needed to do any overtime.

    Cons

    Not great pay, absolutely no room for advancement.


  10. Helpful (1)

    Could have been better, could have been worse

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Short Sale Negotiator in Austin, TX
    Former Employee - Short Sale Negotiator in Austin, TX
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at OneWest Bank full-time (More than 5 years)

    Pros

    I met so many wonderful people and developed live long friendships with some of them. I still crave breakfast tacos from that taco truck that comes every morning.

    Cons

    At times we worked a lot of OT and while the pay was good during that time the work-life balance was lacking. Loss Mitigation department seemed to be the revolving door as far as management goes, we had a new supervisor every year. It was like they made them "serve time" in our department before being promoted. A supervisor openly belittled employees in meetings or in private, often bringing people to tears. Don't get me wrong, I had many wonderful supervisors, this was just one of them. The bonus structure is very secretive. Bonuses are handed out on a quarterly basis and you will never receive an explanation of why you did or did not earn one because no one knows how they are calculated.

    Advice to Management

    I was an IndyMac employee so I stuck with them through the FDIC takeover into the creation of OWB. I was there for a total of 6 years and was part of the massive layoff when they decided to seller their servicing portfolio, so I witnessed a lot of change and transitions in my time there. My advice to management would be to listen to your employees complaints and take action regarding their complaints. Also, I feel like they are missing out on a valuable tool with their quarterly bonus. They call it an "Incentive plan" but how is it an incentive when management cannot tell you how you earned it, or why you didn't earn it? That could be managements chance to sit down on a quarterly basis and give an employee some feedback and or constructive criticism.


  11. Helpful (1)

    Mediocrity

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Tax Analyst in Kalamazoo, MI
    Former Employee - Tax Analyst in Kalamazoo, MI
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at OneWest Bank full-time (More than 3 years)

    Pros

    Independence and workload were great! I was able to innovate new systems and provide valuable contributions to my department(s).

    Cons

    Recognition - promotion was limited because of my value. Working under a VP with no real visibility limited my opportunities to grow.

    Advice to Management

    Don't "protect" your assets who are producing your quality work. Promote them and promote corporate growth... it will benefit you further than selfish ambitions.



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