There are newer employer reviews for NewStar Financial

Good Place to Work

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Operations Loan Analyst in Boston, MA
Former Employee - Operations Loan Analyst in Boston, MA

I worked at NewStar Financial

Pros

-Friendly and open environment
-Great people
-Relaxed atmosphere
-Good communication, feedback and evaluation

Cons

-Difficult to advance and transfer between departments
-Work can be monotonous
-Sometimes there is a lot of work and at times you can spend weeks checking your facebook account
-Lack of interest in employee training

Advice to ManagementAdvice

Overall, I think the top management was doing a good job. I wish there were more opportunities to learn and acquire new skills.

Approves of CEO
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  1. Old Boys Club

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst in Boston, MA
    Former Employee - Analyst in Boston, MA

    I worked at NewStar Financial

    Pros

    Great Modeling Experience
    Associates are good mentors and support
    Middle Management supportive and willing to discuss important issues
    Good location

    Cons

    Senior Management lacks talent to excel
    Old boys club atmosphere perpetuates poor behavior and minimal advancement opportunities for women
    If you are not willing to socialize every week and go out with coworkers, will not get ahead

    Advice to ManagementAdvice

    Provide more feedback to employees
    Provide more career advancement and training seminars
    Allow employees to meet with senior management regularly

    Doesn't Recommend
    No opinion of CEO
  2. 1 person found this helpful

    Associate

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

    I worked at NewStar Financial

    Pros

    Opportunity to see deal flow and gain similar skill sets of that of the bulge brackets. You are surrounded by smart people.

    Cons

    Lack of clear communication from management. It can be a bit of a sweat shop due to lack of support if you happen to be in a branch office location.

    Advice to ManagementAdvice

    If you plan to branch out to ancillary cities, be sure to equip those locations with an analyst or two. Also, don't be too quick to branch out as you did for purposes or portraying a national company for the IPO.

    Approves of CEO
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