Butterfield Fulcrum

www.bfgl.com
Profile Unclaimed
There are newer employer reviews for Butterfield Fulcrum

 

Overall Working Experience

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - Senior Account Manager in Bangalore (India)
Former Employee - Senior Account Manager in Bangalore (India)

I worked at Butterfield Fulcrum full-time (more than 3 years)

Pros

Growth Prospect was excellent for deserving and hard working employees.

Cons

Retention of deserving employees could have been better.

Advice to ManagementAdvice

All the best for future ventures and hope to work along soon.

Recommends
Neutral Outlook

9 Other Employee Reviews for Butterfield Fulcrum (View Most Recent)

Sort: Rating Date
  1.  

    Lost business opportnities due to ack of talented management

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

    I worked at Butterfield Fulcrum

    Pros

    Work flexibility and people are appreciative when you provide advice or assistance

    Cons

    Lack of communication and stratgeic direction

    Doesn't Recommend
  2.  

    The most disorganized ill led team I have ever worked for

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fund Accountant in Waterloo, ON (Canada)
    Former Employee - Fund Accountant in Waterloo, ON (Canada)

    I worked at Butterfield Fulcrum full-time (less than a year)

    Pros

    -Opportunity to learning in depth functions of OTC & derivative products
    -Casual dress code: jeans, t-shirts, shorts allowed
    -Free drinks and coffee
    -Free parking

    Cons

    -Mid and upper management have unrealistic expectations, efforts rarely recognized. Learning curve is extremely steep
    -Long hours expected frequently, nights and weekends not uncommon during audit and month-end periods
    -Supervisors have no leadership, don't know how to delegate, and provide no feedback: team does whatever it wants and most come in very late
    -Duties and expectations per colleague are not clear
    -No coaching or personal development provided whatsoever (yearly objectives are just a formality)
    -No procedures in place, thus training is very minimal and sometimes inadequate
    -Thin staff and no cross training: loss of very important knowledge and experience creates high stress and unmanageable workloads during vacation periods or if he/she resigns
    -Poor IT support: In my experience it took about 2 months to be properly set up with up to date equipment - Very unacceptable!
    -Benefits given only after 3 month probationary period
    -Salary is poor for the amount of hours worked. No bonuses paid out since 2008.
    -Employees paid only once a month
    -Work is monotonous, long, and tedious. If you don't know how to create Excel Macros, you're at a huge disadvantage
    -Awful broker reports and support
    -Team is overworked and thus no team spirit. Sink or swim mentality. Crucial knowledge kept by each individual. Most members cannot help out because they are too busy or just don't know the accounts/procedures.

    Advice to ManagementAdvice

    Learn how to take the control of the team and stop dumping work on new employees while other senior employees take 2 hour lunches. Hire more staff and create procedures. Provide strategic coaching sessions for each employee as required. Take time to hire and train staff properly to ensure proper development . Be clear on providing each team member of what's expected of them. If a member is not performing, take time to see the reasons why and address the issues...No need to make hasty uninformed decisions. Get organized and be proactive, especially during crunch times.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
There are newer employer reviews for Butterfield Fulcrum

Work at Butterfield Fulcrum? Share Your Experiences

Butterfield Fulcrum

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.