There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

Lack of direction, leadership

  • Work/Life Balance
  • Culture & Values
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Current Employee - Underwriter
Current Employee - Underwriter
Doesn't Recommend
Negative Outlook
Approves of CEO

I have been working at Wells Fargo full-time (More than a year)

Pros

In my line of business, there is nothing positive to add.

Cons

The policies are not detailed enough to complete your job function. The credit policies and work rules are not current or accurate. When management was made aware of this concern they simply stated it is a "gray" area and polices can not be written for everything. The training provided can be classified as inadequate and did not cover the topics/line of business we were working in.

Other Employee Reviews for Wells Fargo

  1. Uphill battle since day one

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Home Loan Processor
    Current Employee - Home Loan Processor
    Doesn't Recommend
    Negative Outlook

    I have been working at Wells Fargo full-time (More than 3 years)

    Pros

    Resources for any and every question or problem you might ever have.

    Cons

    Closing a loan on time is not the norm for them. Reputation they have with other companies in the business is horrible. Almost embarassing to say you work for them. Layoffs are all the time. They get the team built up and then it slows down a little bit and they lay them all off. Then they don't have the manpower to close loans because they are either training a new batch or just laid them all off.

    Advice to Management

    Get on the same page. Support each other and work as a team. Work for the customer.


  2. Helpful (1)

    Sales oriented culture, at the expense of the customer

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Portfolio Manager in Winston-Salem, NC
    Current Employee - Portfolio Manager in Winston-Salem, NC
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time (More than 3 years)

    Pros

    Plenty of capital resources, competent management, decent salary

    Cons

    Sacrifice of customer for profit, loss of collegial environment (I was Legacy Wachovia), somewhat cutthroat.

    Advice to Management

    Pay attention to the customer. They are your largest stakeholder. Espousing doing the right thing means taking care of customers, not pushing products they don't need. Be more considerate of the vertical management structure and attempt to create a flat collegial structure where more information is shared with employees and lower level management.


There are newer employer reviews for Wells Fargo
There are newer employer reviews for Wells Fargo

See Most Recent

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