FirstCaribbean Int'l Bank

  www.firstcaribbeanbank.com
  www.firstcaribbeanbank.com

FirstCaribbean Int'l Bank Reviews

Updated August 17, 2014
Updated August 17, 2014
5 Reviews
3.0
5 Reviews
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Employee Reviews

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  1.  

    A very stressful place to work. Staff are friendly however moral is low because of staffing levels or lack there of.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loans Officer in Bridgetown (Barbados)
    Former Employee - Loans Officer in Bridgetown (Barbados)

    I worked at FirstCaribbean Int'l Bank full-time (more than 10 years)

    Pros

    Charges, staff rate on loans & credit cards. They offer good compensation & benefit packages including pension.

    Cons

    Takes a long time for requested training & promotion. Most branches cannot give you the time to cross train because of lack of staff.

    Advice to ManagementAdvice

    Hire more staff as their is very little balance between work & personal life.

    Doesn't Recommend
    Negative Outlook
  2.  

    Worthwhile !

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director in Bridgetown (Barbados)
    Former Employee - Managing Director in Bridgetown (Barbados)

    I worked at FirstCaribbean Int'l Bank full-time (more than 3 years)

    Pros

    - opportunity for growth and development
    - diverse culture and environment due to multiple country approach to business
    - adequate investment in brand development

    Cons

    - lack of clarity in roles and responsibilities in some parts of the business
    - top-heavy executive team

    Advice to ManagementAdvice

    While it is a complex business with criss-crossing layers of customer segment, country and legal company issues, clarity of purpose in roles and responsibilities would go a long way in empowering and focussing employees on company objectives and strategy.

    Recommends
    Neutral Outlook
  3.  

    It was an eye opening experience that set me up for the future

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Transaction Processing Officer in Bridgetown (Barbados)
    Former Employee - Transaction Processing Officer in Bridgetown (Barbados)

    I worked at FirstCaribbean Int'l Bank as a contractor (more than an year)

    Pros

    Colleagues were for the most part friendly
    compensation was competitive
    my department would put on in house celebrations for national events and get together outside of work

    Cons

    Hard to advance unless you know the right people.
    Long hours in some departments

    Advice to ManagementAdvice

    Start hiring and advancing people based on their knowledge and experience.

    Recommends
    Positive Outlook
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  5.  

    Very rewarding experience

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

    I worked at FirstCaribbean Int'l Bank

    Pros

    FirstCaribbean has some excellent benefits compared to other financial instituions. This helps to make up for the mediocre salary. Its a very nice, clean working environment with high ethical standards and caribbean pride. I enjoyed working there.

    Cons

    Top management changes too often; Pay too minimal compared to the market; Too slow when making changes to match or beat competitors.

    Advice to ManagementAdvice

    The bank needs to be a litlle bit more competitive in its market. More advertising would help to put Firstcaribbean in a better spot.

    Recommends
  6.  

    This place is the most toxic environment you will ever see.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Manager in Nassau (Bahamas)
    Current Employee - Senior Manager in Nassau (Bahamas)

    I have been working at FirstCaribbean Int'l Bank

    Pros

    Staff are friendly and provide advice.

    Cons

    Senior executive team are way out of their depth and do not have a clue about running a bank like this.

    Senior guys are complete bullies and cannot be trusted.

    There appears to be a complete lack of an articulated strategy.

    Advice to ManagementAdvice

    Start by changing the executive team. Top people have demonstrated a complete inability to successfully operate a company like this. Next, consider looking for a venture-partner to obtain some expertise in bank management, or probably better yet, sell the franchise and move back to Canada where the presence of an oligopoly will help.

    Doesn't Recommend

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