Safra Bank

  www.safra.com
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Safra Bank Reviews

Updated August 5, 2014
Updated August 5, 2014
6 Reviews

3.0
6 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Simoni Morato
4 Ratings

Employee Reviews

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  1.  

    A boutique bank culture with the resources of a bulge-bracket firm

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  New York, NY
    Current Employee - Analyst in New York, NY

    Pros

    The flat organizational structure is refreshing, and helps different parts of the bank work well together.
    Small enough for employees to have plenty of responsibility and see their work reach the client.
    Benefits used to be fantastic, and despite recent changes, are still relatively good.
    Work/life balance is decent and most employees are pretty laid back. Office culture and morale are good.

    Cons

    Some employees are only there because their families are large clients of the bank, and they are untouchable.
    Because of the flat structure, upward mobility is limited. Many employees have been there for decades, so moving up requires years of patience.

    Advice to ManagementAdvice

    Try to avoid growing AUM at the cost of internal culture and profitability. Hiring clients' kids and bringing on clients at below-cost rates are bad for business.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Dont do it

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    None that i can think of

    Cons

    Micromanagement, People with an agenda. Embarrassment in spanish and in english

    Advice to ManagementAdvice

    Fire 95 pecent of the people and start over

  3.  

    one lion per day

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Development  in  New York, NY
    Current Employee - Software Development in New York, NY

    Pros

    Friendly environment and somewhat challenging.

    Cons

    Not much strategy is being applied.

    Advice to ManagementAdvice

    Stick with the plan

    Disapproves of CEO
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  5. 2 people found this helpful  

    Solid place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst  in  New York, NY
    Former Employee - Analyst in New York, NY

    Pros

    The people are mostly nice, hours and work/life balance are good, benefits are good, job stability is above average, the bank has an old style feel to it

    Cons

    Its a Brazilian bank, so expect to hear a lot of Portugese and you may not fully fit in if you don't speak it was well.
    Computer systems and software could use an upgrade

    Advice to ManagementAdvice

    Upgrade computer systems

    Approves of CEO
  6.  

    Friendly work environment with good work life balance

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Operations Analyst  in  New York, NY
    Former Employee - Operations Analyst in New York, NY

    Pros

    Friendly environment
    Good work life balance
    Capable management
    Opportunities for advancement
    Relatively transparency into other business units
    Compensation is competitive

    Cons

    Many positions are filled with temps
    Due to international lines of business, some international travel may be necessary
    Not great benefits

    Advice to ManagementAdvice

    Management could be a bit more visible in the New York location. When management is not present, rumors can creep up.

    Recommends
    Approves of CEO
  7. 1 person found this helpful  

    Culture sucks, all in all is a good learning ground

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Corporate Banker  in  São Paulo, São Paulo (Brazil)
    Former Employee - Corporate Banker in São Paulo, São Paulo (Brazil)

    Pros

    Very aggressive; very informal working environment

    Cons

    Culture sucks, people do not respect each other. Senior management is usually unqualified and people prize being "smart" instead of being well prepared or serious.

    Bonus payments and promotion promises should not be trusted.

    Advice to ManagementAdvice

    Invest in your own qualifications!

    Doesn't Recommend

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