Grandbridge Reviews

Updated September 14, 2014
Updated September 14, 2014
3 Reviews
2.1
3 Reviews

Recommend to a friend
Approve of CEO
(no image)
Thomas S. Dennard
3 Ratings

Employee Reviews

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  1.  

    Great place to work. Good people and lots of opportunity.

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

    I worked at Grandbridge full-time for more than 3 years

    Pros

    Good place for growth. Lots of opportunity for advancement. Great atmosphere. Good benefits. Allow you to be flexible with scheduling which makes for great work-life balance.

    Cons

    Very deadline driven, not for everyone. Compensation is fair for those starting out but bonuses and raises have been small the last several years.

    Advice to ManagementAdvice

    More emphasis needs to be placed on training. We do a good job for those staring out but no so good for those that have been there more than five years.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Review from a Financial Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Analyst  in  Fort Lauderdale, FL
    Former Employee - Financial Analyst in Fort Lauderdale, FL

    I worked at Grandbridge full-time for more than 3 years

    Pros

    Good group with great potential for growth. Experienced managers with insight and years of field experience. Smart group of co-workers with lots of energy, just not a lot of humor.

    Cons

    To many managers, with little coordination between each other. Nature of work varied greatly depending on the manager you were working with, some managers were wonderful teachers, others were painful to learn from making growth with them difficult.

    Advice to ManagementAdvice

    Overall solid experience for a masters student, however due to the fractured nature of work it would be helpful to have a better breakdown of

    Recommends
    Neutral Outlook
    Approves of CEO
  3. 1 person found this helpful  

    If you are young and need a job, get in, get some experience, then get out... no room to grow.

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

    I worked at Grandbridge

    Pros

    Decent benefits, pretty good job security (even for people who should be let go), nice downtown location.

    Cons

    Awful management only cares about the "producers", the rest of the people are "back office" and are expected to work very hard for below average pay (including working late to pick up the slack for others in your group). The upper management is very entrenched and as a result there is no room to grow unless you are selling loans, and getting in to production is all about who you know, not what you know. There is also a culture of CYA and if you have an idea your boss will often take credit for it and run with it to superiors. There are huge discrepancies in pay for the same job titles and the modus operandi is to hire young, bright people, pay them little, and let them leave in order to keep costs down. This is a subsidiary of BB&T but the management decided to preclude people from getting the BB&T equivalent of "officer" status in order to keep costs down.

    The work is not terribly interesting other than it is a smaller company so you are exposed to many facets of the mortgage business. It is really only a good job for younger people to get experience and move on.

    They also recently purchased Collateral, but are slowly sending many jobs down to their office in Birmingham even though they are run poorly and are paid much more than legacy Laureate employees.

    Advice to ManagementAdvice

    Review the pay scale and that of your competitors. Get rid of certain managers that accomplish little and are paid a lot. Run the company as a business and try to retain key talent in stead of only focusing on producing loans, which aren't being produced at all right now. Assess people in a fair manner across all of the business lines and make people accountable for equal amounts of work if they are paid the same. Promotions should be based on more than favoritism.

    Doesn't Recommend
    Disapproves of CEO
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  5.  

    Uninspiring

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Senior Financial Analyst
    Current Employee - Senior Financial Analyst

    I have been working at Grandbridge

    Pros

    Stable company with strong backing

    Cons

    poor communication with no clear path or long term business model

    Advice to ManagementAdvice

    clearly define growth opportunities for employees stop being so subjective

    Doesn't Recommend
    Disapproves of CEO

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