Bbva
3.2 of 5 59 reviews
www.bbva.com Bilbao, Spain 5000+ Employees

Bbva Reviews in New York, NY

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2.8 4 reviews

                             

0% Approve of the CEO

Bbva Chairman and CEO Francisco González Rodríguez

Francisco González Rodríguez

(1 ratings)

33% of employees recommend this company to a friend
4 Employee Reviews Back to all reviews
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Very kind and caring people, lots of room for growth as Investment Bank

Analyst (Current Employee)
New York, NY

I have been working at Bbva full-time for more than 3 years

ProsConsiderate 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

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

Advice to Senior ManagementLearn 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

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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  • Culture & Values
         
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Imperialism alive and well....for now

Anonymous Employee (Former Employee)
New York, NY

I worked at Bbva full-time for more than 5 years

ProsSome talented people (usually no the decision makers)

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

Advice to Senior ManagementInvest 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.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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1 person found this helpful  

Lots of room for improvement

Anonymous Employee (Current Employee)
New York, NY

I have been working at Bbva

ProsGreat 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.

ConsUnfortunately 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 Senior ManagementSenior 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.

No, I would not recommend this company to a friend

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1 person found this helpful  

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

Analyst (Current Employee)
New York, NY

I have been working at Bbva

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

ConsVery 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 Senior ManagementLet 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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