Office of Thrift Supervision Reviews

Pros

-For a summer intern still in college, the pay is top notch.
-Friendly team members.
-Flexible schedules (I worked 9 hour days and took every other Friday off).
-Company culture is teriffic.
-Employees are valued for their hard work.
-Fun internship activities (ex. Boat tour on the Potomac).

Cons

-Sometimes the work felt mundane.
-Depending on which department and supervisor you land, you can either have a great or horrible experience.
-Some employees aren't the sharpest tools in the shed.
-In 2010, they completely redesigned the internship program, by randomly selecting interns, and not inviting back successful interns, as well as children of staff members who had recently been interns.
-Possible OCC and OTS merge means job scarcity and limited opportunity for recent graduate employment.

Advice to Senior Management

-Change the internship program back to how it was in 2009 and before.
-Allow interns to fill out a survey of their strengths, weaknesses, and interests, to better allocate resources.

Pros

Good Feeling gained from work
Room for advancement
Benefits and time off are excellent
Much group oriented work, good setting

Cons

Compensation Poor compared to other jobs in this industry in addition to other finance related jobs. Always on the road

Advice to Senior Management

Great leadership, room for advancement is good, offer better compensation from the beginning to entice better quality employees. Overall good

Pros

- Good pay and benefits
- Large offices and good location
- Does not rely on contractors too heavily to do the work
- Interesting and challenging work

Cons

- Politically unpopular.
- No respect from the other financial reg. agencies (OCC, FDIC, Fed, NCUA)
- Uncertain future (with likely merger into the OCC)
- Uncertain future for the thrift charter

Advice to Senior Management

- Start preparing for a merger into OCC or the National Bank Supervisor (NBS).
- Don't fight the merger. Embrace it.

Pros

Pay and benefits are great

Cons

When the president of the United States says that he's going to abolish where you work and politicians liken senior management's abilities to that of meter maids (not that there's anything wrong with meter maids), seriously decreases employee morale and faith.

Advice to Senior Management

An organization is built by people, not by ego. Treat staff as adults, and you will get a gown-up organization.

Pros

Secure employment and good pay.

Cons

Management is incompetent and thinks about themselves.

Advice to Senior Management

Learn to manage people not just yourself.