82 Employee Reviews (View Most Recent)

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Good pay, poor culture

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - First Vice President  in  Los Angeles, CA
Former Employee - First Vice President in Los Angeles, CA

I worked at Countrywide Financial

Pros

Good pay compared to peers and responsibilities in other mortgage banks. Varied opportunities to try different careers in the organization.

Cons

Basically, a cowboy culture combined with nepotism. Long hours, no work/life balance once you moved pass VP title.

Advice to ManagementAdvice

Review the corporate culture and start living the values it is supposed to represent.

Doesn't Recommend
No opinion of CEO

Other Reviews for Countrywide Financial

  1.  

    Intellectually challenging but intense and often competitive work environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Managing Director  in  Calabasas, CA
    Former Employee - Managing Director in Calabasas, CA

    I worked at Countrywide Financial

    Pros

    If you're smart and willing to seek new challenges/responsibilities, you'll often get them. Networking is key - who you know (and who likes you) matters.

    Cons

    Long hours, tight deadlines, unrealistic expectations from executive management - all of these things are a factor in the day-to-day environment (not just once in a while.)

    Advice to ManagementAdvice

    Listen to your in-house experts, especially the ones who don't agree with everything you say. They likely know more than you do and are probably right.

    No opinion of CEO
  2.  

    Working at the Plano office of Countrywide

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Quality Assurance Analyst  in  Plano, TX
    Former Employee - Quality Assurance Analyst in Plano, TX

    I worked at Countrywide Financial

    Pros

    The only reason I would ever want to work at Countrywide again would be the fact that they got bought out by Bank of America. The company name "Bank of America" would be a good stepping stone for people to move into smaller companies with better pay.

    Cons

    I could go on forever about how terrible this place was. The managers never had any work to do, yet they tried to act like they were really busy. The same went for most of the employees here. We were given lots of "drive around the parking lot" work. I felt like I was becoming dumber every day I went in. The work that we were given was hardly ever challenging. The salary and bonuses were also terrible. I would avoid this place at all costs. Bank of America made a dumb move in acquiring this run down company.

    Advice to ManagementAdvice

    Cut down the number of VPs and SVPs you have in the company. A 3 to 1 employee to manager ratio is just ridiculous.

    Doesn't Recommend
    Disapproves of CEO
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