Banco Itaú Reviews

Updated April 15, 2015
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3.7
88 Reviews
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Approve of CEO
Banco Itaú CEO Roberto Egydio Setubal
Roberto Egydio Setubal
40 Ratings

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 Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Itau is an excelent place to work

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

    I have been working at Banco Itaú

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    I have worked for Itau for 7 years and a love it. We are very well paid and the environment is wonderful.

    Cons

    The pressure for results is great

  2. The Brazilian Best Bank to Work for

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

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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Amazing Atmosphere
    Direct contact with Senior Management

    Cons

    The decision making process is slow sometimes
    Bureaucracy

  3. Information Technology

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Associate Information Technology in New York, NY
    Current Employee - Associate Information Technology in New York, NY

    I have been working at Banco Itaú full-time

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Great Place To Work!
    Great Opportunities.
    Great Team.
    Great People around (Smart, Human,

    Cons

    Lower - Salary.
    Bad - Bonus.

    Advice to Management

    Better Salary
    Increase Bonus (Other Firms give more)

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  5. 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 a year)

    Recommends
    Approves of CEO
    Recommends
    Approves of CEO

    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.

  6. 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 a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good Oportunities to develop your work

    Cons

    Annual Evaluation unbiased. Must be improved or changed

    Advice to Management

    Review the Evaluation process

  7. 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 a year)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Benefits, training, meritocracy, opportunities, work life balance

    Cons

    Very large and sometimes frozen

    Advice to Management

    None

  8. Credit Risk Modeling (HQ), it's great

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

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

    Recommends
    Positive Outlook
    No opinion of CEO
    Recommends
    Positive Outlook
    No opinion of CEO

    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.

  9. 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)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    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 Management

    Go for your MBAs

  10. Best bank corporation in brasil!

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

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

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Good career opportunity and an excellet banking school

    Cons

    Some rules are no applied as they should be

  11. 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

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Young team with great proactivity and commitment.

    Cons

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

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