Banco Santander New York Branch

  www.santander.com
  www.santander.com

Banco Santander New York Branch Reviews

9 Reviews
1.5
9 Reviews
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  1. 1 person found this helpful  

    Potential to be a great bank, but much work is still needed

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Financial Specialist
    Current Employee - Financial Specialist

    I have been working at Banco Santander New York Branch full-time (more than an year)

    Pros

    - Very competitive salary
    - Great incentive plan for investment sales
    - Great learning opportunity for new comers to banking and investments
    -

    Cons

    - Quarterly sales goals rather than monthly
    - Too many loopholes to lose incentive/commissions payments
    - Branch employees are often in direct competition for sales with their managers; managers should not have sales goals so that they can focus on managing the branch and customer experience
    - Horrible IT systems that constantly crash for hours
    - Alot of hangers-on from previous banks (ICB, Sovereign, etc) that cannot keep up with new demands of the company
    - Too much micromanagement from all levels

    Advice to ManagementAdvice

    - Ensure that middle management is actually qualified to manage people and customers and is not comprised of glorified sales people
    - Clearly define job families and responsibilities
    - Work on recruiting talent that understands the needs of younger customers with more sophisticated banking needs
    - Become more transparent and eliminate all of the micromanagement, and you will see a more productive team

    Doesn't Recommend
    Positive Outlook

Banco Santander New York Branch Interviews

Interview Experience

Interview Experience

25%
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Getting an Interview

Getting an Interview

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50%

Interview Difficulty

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Average

Interview Difficulty

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Average

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  1.  

    Financial Specialist Interview

    Anonymous Interview Candidate in Long Branch, NJ
    Anonymous Interview Candidate in Long Branch, NJ
    Application Details

    I applied through a recruiter. The process took 3+ monthsinterviewed at Banco Santander New York Branch.

    Interview Details

    I was initially approached by a phone call from an internal recruiter during the program's pilot phase. In-person interview what scheduled within a week, during which I was interviewed by several branch managers, HR recruiters and the District Executive.
    Interview questions were standard sales skills questions and asking for examples sales success stories and of responses to difficult customer situations.
    It took about 2 weeks to hear back with an offer, and another 4 weeks of salary negotiations before a start date was actually scheduled.

    Interview Questions
    • Why are you willing to commute so far for a sales position when you already have a job 15 minutes from home?   Answer Question
    Negotiation Details
    I was able to negotiate a $20000 bump on the offered salary as well as my pick of branches.
    While the salary negotiations took about a month, we were able to come to an agreement.
    Accepted Offer
    Positive Experience
    Easy Interview

Banco Santander New York Branch Awards & Accolades

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Additional Info

Unlock Profile
Website www.santander.com
Headquarters Miami, FL
Size 150 to 499 Employees
Founded Unknown
Type Company - Private
Industry Unknown
Revenue $25 to $50 million (USD) per year
Competitors Unknown

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