Banco Itaú

  www.itau.com.br
  www.itau.com.br

Banco Itaú Reviews

Updated December 11, 2014
Updated December 11, 2014
72 Reviews
3.6
72 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Banco Itaú Vice Chairman, President, and CEO Roberto Egydio Setubal
Roberto Egydio Setubal
33 Ratings

Review Highlights

Pros
  • good work-life balance, good well recognized name (in 3 reviews)

  • The salaries are good in comparison with other companies in the city, good benefits (in 4 reviews)


Cons
  • The main challenge is with top and some middle management, who seem too set in their ways and kinda tired (in 3 reviews)

  • Strongly subjective meritocracy; (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    DW/BI Support Analyst

    Current Employee - DW/BI Support Analyst in São Paulo, São Paulo (Brazil)
    Current Employee - DW/BI Support Analyst in São Paulo, São Paulo (Brazil)

    I have been working at Banco Itaú full-time (less than an year)

    Pros

    I have been learning a lot about banking industry, great opportunity to develop my skills, a lot of training options.

    Cons

    It is necessary to deal with a lot of pressure every day, work during the weekends and nights it is very comum.

    Recommends
    Approves of CEO
  2.  

    Very Good Company to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Director in São Paulo, São Paulo (Brazil)
    Former Employee - IT Director in São Paulo, São Paulo (Brazil)

    I worked at Banco Itaú full-time (more than an year)

    Pros

    Good Oportunities to develop your work

    Cons

    Annual Evaluation unbiased. Must be improved or changed

    Advice to ManagementAdvice

    Review the Evaluation process

    Recommends
    Neutral Outlook
  3.  

    Great place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Portfolio Manager in Miami, FL
    Current Employee - Portfolio Manager in Miami, FL

    I have been working at Banco Itaú full-time (less than an year)

    Pros

    Benefits, training, meritocracy, opportunities, work life balance

    Cons

    Very large and sometimes frozen

    Advice to ManagementAdvice

    None

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Credit Risk Modeling (HQ), it's great

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Intern in São Paulo, São Paulo (Brazil)
    Former Employee - Intern in São Paulo, São Paulo (Brazil)

    I worked at Banco Itaú as an intern (less than an year)

    Pros

    Awesome people, lots of stimulus for learning stuff (you often got paid to watch academic presentations), good salary with lots of benefits. Hours are OK depending on what exactly you do. People got promoted a lot. Management was great.

    Cons

    It took a reeeally long time for people to reach management roles. Most managers were folks who went through the bank's "trainee" program and, afterwards, worked as analysts for 8-10 years. That's understandable since the company's so huge.

    Recommends
    Positive Outlook
    No opinion of CEO
  6.  

    Great company!

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

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

    Pros

    Lots of challenges and growth opportunities. VP's were visionaires and young managers full of energy!! You can always move around and the business units have a lot of flexibility!

    Cons

    outdated middle management. Superintendent were not up to the challenge and directors were getting old. Company could benefit a lot from a flatter structure!

    Advice to ManagementAdvice

    Go for your MBAs

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Best bank corporation in brasil!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in São Paulo, São Paulo (Brazil)
    Current Employee - Anonymous Employee in São Paulo, São Paulo (Brazil)

    I have been working at Banco Itaú as an intern (less than an year)

    Pros

    Good career opportunity and an excellet banking school

    Cons

    Some rules are no applied as they should be

    Recommends
    Neutral Outlook
  8.  

    Good, dinamic bank

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

    I have been working at Banco Itaú full-time

    Pros

    Young team with great proactivity and commitment.

    Cons

    Lot's of ego's and competition to manage.

    Recommends
    Neutral Outlook
    Approves of CEO
  9.  

    I love working here!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

    I have been working at Banco Itaú

    Pros

    Smart people working together for a common cause.

    Cons

    Language can sometimes be challenging.

    Advice to ManagementAdvice

    Nothing specific.

    Recommends
  10.  

    A challenging job, with high skilled workers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Banco Itaú full-time (more than 10 years)

    Pros

    It was a good experience to work for the biggest brazilian bank, with Good benefits, good working environment and bank that and a culture and value that meet with mines.

    Cons

    There were not career opportunities and the salaries are not good.

    Recommends
  11.  

    Good work environment and a lot of opportunities to perform job rotation.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Project Analyst in São Paulo, São Paulo (Brazil)
    Current Employee - Senior Project Analyst in São Paulo, São Paulo (Brazil)

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

    Pros

    There are many opportunities to develop yourself in different knowledge areas, due to company size. Itaú uses the latest technology and has very solid managing processes.

    Cons

    Still too much hierarchy and a liitle bit of bureaucracy. Banking industry is very formal and if you are not a fan of this style, you may find yourself out of place.

    Advice to ManagementAdvice

    There is a very solid work in progress but still there is a lot of space to improve hierarchy in the company.

    Recommends
    Positive Outlook

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