There are newer employer reviews for The Private Bank
There are newer employer reviews for The Private Bank

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Good middle market bank

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

I worked at The Private Bank full-time (More than 3 years)

Recommends
Positive Outlook
Approves of CEO
Recommends
Positive Outlook
Approves of CEO

Pros

Good career prospects, good exposure to management.

Cons

Culture and operations are stuck in the 90s

Advice to Management

Forget about La Salle.

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  1. could be better but OK

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Current Employee - Anonymous Employee in Chicago, IL

    I have been working at The Private Bank full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    motivated, driven mangement team; very client focused; not a sweat shop; mangment wants employees to enjoy jobs

    Cons

    over emphasis on front office teams and too little respect and value recognition of support teams

    Advice to Management

    Get a new HR director


  2. You need to be there at the right place and the right time

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

    I worked at The Private Bank

    No opinion of CEO
    No opinion of CEO

    Pros

    Compensation is getting better, fast paced environment, always challenges, Never bored. Family atmosphere at the branch offices.

    Cons

    I worked with a global consulting firm, brought in for an enterprise project, and the lead consultant told me that she had never been to a place that had "so many meetings". There are layers upon layers of management, Middle Management and Associates are not given tools to make decisions on the operations side. "The Process" is designed to insulate senior management.

    Advice to Management

    Cut the management fat. Senior Lenders who were moved to operational roles when the economy tanked need to revert back to ther old roles. Risk Managers brought in to appease shareholders and private capital during the banking crisis need to be pared down.


There are newer employer reviews for The Private Bank
There are newer employer reviews for The Private Bank

See Most Recent

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