Banamex Reviews

Pros

Good growth opportunities
Lots of training
Reasonable salaries
Great networking opportunities
Top management is open to ideas from people 5 levels below them

Cons

Volatile markets mean your job functions will be volatile too
Sometimes it gets too competitive inside the office
You can find the bureaucratic issues all large companies have
Communication between teams is slower than changes within the organization

Advice to Senior Management

Improve communication between areas and teams
Establish a fixed rotation program to ensure a better growth and commitment from employees

Pros

The compensation package is good

Cons

There is no life work balance.

Pros

Exposure to an extense set of business settings. Great brand to have in your resume. Deep pockets (big budgets). You get to meet the some of the smartest people in Mexico...but they are hard to find

Cons

Bureacracy and perverse internal politics, low recognition for merits, weak hiring process. Outdated/obsolete business practices. Slow responsiveness to market challenges.

Advice to Senior Management

Restructure, lay off inefficient people, improve internal communications, improve performance management processes. Bring new senior managers with more up-to-date business vision, get rid of the "old time management style". Invest in technology!!! maybe outsource it.; internal systems development practices really hurt Banamex's ability to respond to these days business challenges. Improve customer service and the website; now that I'm an outsider, I can say that from a customer perspective its a pain to deal with Audiomatico and Bancanet. Beat up Bancomer!!

Pros

Great place to start a research-oriented career in Latin America.

Cons

Small Mexico-based research footprint limits opportunities for career advancement.

Advice to Senior Management

Work toward greater integration with US home office.