OTP Bank

www.otpbank.hu
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OTP Bank Reviews

Updated February 1, 2015
Updated February 1, 2015
14 Reviews
3.6
14 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Ákos Takáts
4 Ratings

Employee Reviews

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  1.  

    Well managed bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Department Head in Budapest (Hungary)
    Current Employee - Department Head in Budapest (Hungary)

    I have been working at OTP Bank full-time (more than 5 years)

    Pros

    All of the decesions made at Budapest HQ and not in Vienna, Milan or elsewhere
    Job security
    Best talents in Hungary
    Better than average salaries

    Cons

    Rigid hierarchy
    Slow decesions
    Bad IT and HR

    Advice to ManagementAdvice

    Speed up :)

    Recommends
    Positive Outlook
  2.  

    Stable, good life/work balance, competence does not help carreer

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Software Engineer in Budapest (Hungary)
    Former Employee - Software Engineer in Budapest (Hungary)

    I worked at OTP Bank

    Pros

    - Stable
    - good life/work balance
    - friendly environment
    - nice office

    Cons

    - Post communist reflexes
    - No place to advance, unless you are friend/relative
    - Low salary

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  3.  

    Not for developers willing to evolve

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Oracle Developer in Bucharest (Romania)
    Former Employee - Oracle Developer in Bucharest (Romania)

    I worked at OTP Bank full-time

    Pros

    A good balance between work and personal life

    Cons

    Not good for a developer willing to evolve. Besides a quite low salary a developer is treated like dirt no matter how hard he tries to solve all the problems. Pretty much slander and backstabbing.

    Advice to ManagementAdvice

    Be more open. Do not encourage backstabbing.

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  5.  

    Great company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Head of Department in Bucharest (Romania)
    Current Employee - Head of Department in Bucharest (Romania)

    I have been working at OTP Bank full-time (more than 5 years)

    Pros

    Great company, people oriented, great colleagues. Leadership has great vision.

    Cons

    Lot of work (as everywhere in a bank), no time for personal life, no career opportunities.

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Good gob for starting your career in a bank sector

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

    I worked at OTP Bank full-time (more than 10 years)

    Pros

    The Bank is trying to develop new employees by offering various trainings and courses. Work in the bank - a good chance to start work.

    Cons

    Introduction of new software in the bank does not allow to do the job efficiently and quickly. Because of this constant complaints received from customers that removes from the normal equilibrium

    Recommends
    Negative Outlook
  7.  

    Normal workplace for IT employee.

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

    I worked at OTP Bank full-time

    Pros

    Safety and calm workplace, because it is the biggest bank in Hungary.

    Cons

    There is a lot of employees with too tradiotional thinking.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    I have been working for this bank in managerial position for 7 years .

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in Budapest (Hungary)
    Current Employee - Anonymous Employee in Budapest (Hungary)

    I have been working at OTP Bank full-time (more than 5 years)

    Pros

    You can learn wide range of banking products and you can participate in working out wide range of business ideas. Good office environment and IT infrastructure, Good bonus system.

    Cons

    Significant differences in salaries in the same positions.

    Advice to ManagementAdvice

    Position doesn't make you God. You look the same on the toilet like your employees.

    Recommends
    Neutral Outlook
    No opinion of CEO
  9.  

    Participating in the core system implementation

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Head of Department in Kiev (Ukraine)
    Current Employee - Head of Department in Kiev (Ukraine)

    I have been working at OTP Bank full-time (more than 5 years)

    Pros

    Many opportunities, quite good experience, management support, good team, regular salary raise, additional bonuses: quarterly, annual, ad-hoc, flexible working hours

    Cons

    Undefined planning, regular changes of scope in project, management not always shares the information with subordinates. Due to the management mistakes employees regularly have to work extra hours (weekends, late nights), lack of support from business

    Advice to ManagementAdvice

    Undefined planning, regular changes of scope in project, management not always shares the information with subordinates. Due to the management mistakes employees regularly have to work extra hours (weekends, late nights), lack of support from business

    Recommends
    Positive Outlook
    Approves of CEO
  10.  

    One of the most efficient financial institutions in Hungary

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Governance
    Former Employee - Governance

    I worked at OTP Bank full-time (more than 5 years)

    Pros

    Well recognized bank, leading financial institution in the country with subsidiaries in several CEE countries, vast career opportunities

    Cons

    Exposed to country of presence risks, foreign currency risks, real estate bubble. Although same issues are faced by the rest of financial institutions

    Recommends
    Neutral Outlook
    Disapproves of CEO
  11.  

    OK for working not long time

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

    I have been working at OTP Bank full-time (more than 10 years)

    Pros

    Big company, stability in crisis period

    Cons

    Employee restriction procedure, salary and bonus reducing, changes of strategy

    No opinion of CEO

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