Bbva Reviews

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2.3
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Bbva Chairman and CEO Francisco González Rodríguez
Francisco González Rodríguez
2 Ratings

Pros
  • Good benefits for the employees (in 4 reviews)

  • Strong innovation culture building up, new ways of working, new spaces/headquarters allow for a close relationship of employees and better atmosphere (in 3 reviews)

Cons
  • tiring and very very long hours (in 7 reviews)

  • Nothing you are told in the hiring process is set in stone in my case benifits commision structure and salary increases changed (in 3 reviews)

More Pros and Cons

5 Employee Reviews

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  1. Very kind and caring people, lots of room for growth as Investment Bank

    • 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 Bbva full-time (More than 3 years)

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

    Pros

    Considerate and caring people
    Pockets of enthusiastic people striving to improve themselves and the company
    Lots of opportunity to learn and grow as a person, even if not as an employee

    Cons

    Inefficient processes and weak systems implementation
    Extremely bureaucratic
    Without speaking Spanish, you will struggle to survive
    Cronyism overshadows meritocracy

    Advice to Management

    Learn to delegate, not just from management down, but also geographically speaking - Head Office should not be a black box that makes decisions and does not answer questions, nor should it micro-manage its employees thousands of miles away --- Dual-reporting matrix style org chart is disastrous
    If you want to be a global bank, you can't be embarrassed to speak English
    Make the investment in global systems if you want to compete globally - thousands of wasted hours on tedious tasks will never let you prosperously compete in developed countries


  2. Helpful (1)

    Stupid vacation colony for expats from Spain. Blatantly discriminates locals. Horrible management.

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

    I worked at Bbva full-time

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

    Pros

    Not much really. Perhaps some "stability" but that is an illusion. Layoffs are common indeed. Colleagues tend to be nice, normal hardworking people. Some people are confrontational but most of the troops are quite relaxed. If you are a locally hired, non-"strategic" employee, best compensation is when you get hired because it rides a descending curve. Training is a joke, they give you the cheapest they can find. When there are "important" soccer games, it's ok to watch on the company's tv's (best pro of the company)..

    Cons

    Only those in the inner circle from their home country, enjoy benefits, generous company perks. All others can expect to get the bare minimum standard treatment. Most of us never get ahead. There are old timers with 20, 30 years in the same position they were initially hired. Salary increases barely keep up with inflation. Very commonly your manager will surprise you on bonus day that your performance was subpar so NO bonus for you that year. This is so because bonus announcement is on the same day you get your evaluation, so you have no opportunity to defend your point of view. Since promotion criteria is based solely on your origin and being inside the circle, management is incompetent, unprepared, untrained, egoistical, simply horrible. Even externally hired managers tend to be incompetent. Company is pretty cheap. If you are a "commoner", don't spend a dime more than the bare minimum when they send you on business travel. You won't get reimbursed. Walk or take a bus if you can, don't take a cab. Top management from hq is also horrible. Spain is broke.

    Advice to Management

    Get everything in writing. Always negotiate BEFORE you get into any agreement.


  3. Imperialism alive and well....for now

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

    I worked at Bbva 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

    Some talented people (usually no the decision makers)

    Cons

    Limited/Non-existant career path except for expats. Poor management, very pompous and arrogant senior management, senior management predominantly expats

    Advice to Management

    Invest in sensitivity training for management. The American worker is not necessarily accustomed to being treated like workers in other parts of the world. Especially those of us in NYC. Cutting back on the elitist and classist arrogance would do wonders for staff moral.


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  5. Helpful (1)

    Lots of room for improvement

    • Work/Life Balance
    • 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 Bbva

    Doesn't Recommend
    Disapproves of CEO
    Doesn't Recommend
    Disapproves of CEO

    Pros

    Great working environment: international, multicultural, relaxed
    Good growth plans if Europe crisis does not destroy them completely. Awesome upside potential.
    Fantastic location in NYC.
    Language lessons during working hours.
    Very conservative, and therefore safer during crisis times.
    Good benefits.

    Cons

    Unfortunately strategy (defined by Spanish-minded bankers sitting 4,000 miles away) changes every 8 months... therefore it is impossible to develop a career away from BBVA's motherland. Junior staff usually leaves as soon as possible and only those tied by a visa to BBVA stay around more than 12 months. No training whatsoever, no career development.

    International network does not really change anything, as the bank is actually a federation of local banks scattered around Latin America and Europe.

    Compensation is really weak, with salary increases in the 2% range.

    Advice to Management

    Senior management (mostly expats from Spain) live really well in NY, I dont think they realize at all of what's happening behind their noses, nor that they really care. Please show employees that you care, do communicate more and better, improve compensation and define a credible growth (and career) path.


  6. Helpful (1)

    The people are great, but the opportunities to grow are very limited.

    • Work/Life Balance
    • 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 Bbva

    No opinion of CEO
    No opinion of CEO

    Pros

    The people are friendly and great to get along with.
    All benefits covered...medical, dental, vision, etc...
    Great location in the NYC branch.

    Cons

    Very long hours depending on what group you are in, and compensation does not reflect the hours you are required to work.
    Overload of work, and not enough employees to spread the work.
    And no set annual review system in place, leaving the employee aimlessly wondering "Is my hard work going to be rewarded with a promotion of some sort?"

    Advice to Management

    Let the employees know you care, and want them to succeed as they help the group/company to succeed. Give them recoginition of the hard work they put in, and reward them for it. The lack of doing this only drive the best and brightest talents away from the company to seek better opportunities elsewhere.



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