Bank Hapoalim Reviews

Updated June 28, 2015
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2.9
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Bank Hapoalim CEO and Head Corporate Banking Zion Kenan
Zion Kenan
19 Ratings

33 Employee Reviews

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  1. Private Banking

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

    I have been working at Bank Hapoalim (More than a year)

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

    Pros

    A great place to work in. People are very nice and welcoming.

    Cons

    A lot of compliance and Operational issues but that's very common in the industry, I guess.

    Advice to Management

    None that I can think of


  2. Managing Director

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager in New York, NY
    Former Employee - Relationship Manager in New York, NY

    I worked at Bank Hapoalim

    Recommends
    Negative Outlook
    Approves of CEO
    Recommends
    Negative Outlook
    Approves of CEO

    Pros

    Great group of guys to work with Small desk feel supported by a big bank

    Cons

    Cultural hurdles for an overseas bank


  3. Helpful (2)

    Unacceptable behavior by Miami Branch Management (HO Expatriates)

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Average salaries & good benefits.

    Cons

    A bit over a year now, since the current Branch Management (HO Expatriates) arrived to Miami. We all thought that it's a matter of time, and things will get better following their adjustment to the local environment. Unfortunately, it never happened. There had been 23 terminations since the arrival of this current management (over 30%!! HR turnover). The last 2 employees left this week.
    This management is bullying the employees on a daily basis. Corporate and HR both know about it and do nothing.
    It became an unbearable place to work in. Couple of us have been working here for over 6-7 years now, the last year under the current management changed it all. We are all looking for opportunities in other places.

    Advice to Management

    Replace this Expatriate Management.


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  5. Helpful (1)

    Unbearable working environment at the Miami Branch - driven by intimidating expat(s) management

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

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

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Location - there are not a lot of financial institutions in Aventura.

    Cons

    These expats' management style does not belong to corporate USA, and I wouldn't be surprised if there is already a law suite going on against them. Humiliating bank's officers in front of others is a "normal" day-to-day experience in this place. It seems like senior management (even in HQ in Israel) know about it and prefer to ignore. The majority of the employees are looking desperately out, and will leave the moment they find something. No salary in the world is justifying being bullied by your managers.

    Advice to Management

    Replace current local management with one that is willing to adjust to the US corporate culture.


  6. Helpful (1)

    Used to be a great place to work Not anymore.

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

    I have been working at Bank Hapoalim full-time (More than 10 years)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good benefit, (very) nice people, a lot to learn

    Cons

    Too much pressure, not enough resources

    Advice to Management

    Pay more attention to the back office


  7. Helpful (1)

    Very easy and laid back atomosphere

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

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

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Work/Life Balance
    Nice people to work with
    Great benefits
    Great vacation time

    Cons

    Salary raises and bonuses are frustrating to say the least
    Some managers are better than others, so luck of the draw for most
    Career growth limited in most areas except generating business
    H.O. and American branches have a major disconnect in communication
    Senior Management wants to maintain the status quo

    Advice to Management

    Make your employees happy and they will want to work for you, otherwise they will just move on.


  8. Helpful (1)

    A large bank, not very forward thinking

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

    I worked at Bank Hapoalim

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    Pros

    Good employment conditions
    Large network allows for movement within the bank
    Some international opportunities

    Cons

    Limited mobility due to old employment structures
    Outdated models in customer service

    Advice to Management

    Benchmarking with market leaders would help improve the bank.


  9. Helpful (1)

    Staff members are courteous and friendly

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President Analyst in New York, NY
    Former Employee - Vice President Analyst in New York, NY

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

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    You can take control of your own work- peaceful atmosphere to work in

    Cons

    Top mamagement does not have the experience needed for the job--- top management should be trained in their field and not given the job due to politics. Departments iliminated due to malice and spiteful behavior

    Advice to Management

    Stop the nepotism and do away with the politics. treat loyal employees fairly


  10. Helpful (1)

    Not bad

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

    I have been working at Bank Hapoalim full-time (More than 10 years)

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

    Pros

    Location is good. Very bright top manager.

    Cons

    size is small, the banking business is tough.

    Advice to Management

    Good luck.


  11. Helpful (1)

    Good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Compliance Officer in New York, NY
    Former Employee - Senior Compliance Officer in New York, NY

    I worked at Bank Hapoalim full-time (Less than a year)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    You can take ownership of your own work.

    Cons

    A lot of multitasking. Too many different functions being perforned in different areas that don't relate to each other in Compliance.

    Advice to Management

    More staffing.



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