Shinhan Bank America

  www.chbamerica.com
  www.chbamerica.com

Shinhan Bank America Reviews

Updated July 24, 2014
Updated July 24, 2014
6 Reviews
3.4
6 Reviews
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Shinhan Bank America CEO Rhee Youngjin
Rhee Youngjin
2 Ratings

Employee Reviews

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  1.  

    shinhan bank

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Shinhan Bank America

    Pros

    no hard working, overtime work

    Cons

    they are cheap no compensation

  2.  

    good

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

    I have been working at Shinhan Bank America full-time

    Pros

    very friendly and clean environment

    Cons

    everything is good. there is no cons.

  3.  

    Nice people, steady salary, but lack of diverse experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Lending Assistant in Duluth, GA
    Former Employee - Lending Assistant in Duluth, GA

    I worked at Shinhan Bank America full-time (more than an year)

    Pros

    People who you will be working with will be very kind-hearted. In town, they are known as the "CS queens".

    Cons

    I worked as a lending assistant and since the bank earns profit mainly from financing Korean corporations in the US, the customer pool is very limited. Therefore, if you dream of having diverse experience, Shinhan Bank America is not the place for you.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Great Workplace to Start Your First Job Experience

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

    I have been working at Shinhan Bank America full-time (less than an year)

    Pros

    - Training/Learning Encouraged
    - Health Benefits covered by the Bank
    - Shinhan Culture: As of 2012, Semi-Americanized

    Cons

    - High turnover rate of employees
    - Small number of highly experienced bankers from America
    - Relatively lower salary compared to the industry standards for a medium sized Bank

    Advice to ManagementAdvice

    - Take public steps to incorporate U.S. educated and U.S. hired employees into senior management roles and fully Americanize the organization.
    - Compensate U.S. hired employees at a higher rate ratio.

    Recommends
    Positive Outlook
    Approves of CEO
  6. 3 people found this helpful  

    No pride in working at SHBA

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

    I have been working at Shinhan Bank America

    Pros

    Great benefit (Excellent for multi-family members)
    No layoff
    Continuous hiring due to turnover
    California is worse

    Cons

    90%of people working there have no pride in working with Shinhan brand. Cannot show business card to your friends or colleagues because it is not recongized much. They work because they have no where else to go or are quietly searching an opportunity to move to different company or bank. Only 10% of employees who came from Korea have so called "Top Notch" pride since they are trained that way and they get paid well. They are the ones that get paid 50k to 80k.;Only 10%. The remainder gets 30k(start with college degree) to 42k (experienced, 3 years, ONLY in NY) who are hired in US

    Truth...If you just want a stable job (no layoff) with lowest pay in the banking industry n awesome benefit, this bank is the best place to be. Lay back. No challenge, but a lot of workload without using brain, WORK Here.

    Advice to ManagementAdvice

    Compensate those who contribute more to the bank. Do not discriminate between US hired employees and Korea Hired employees. Maybe Korea hired employees have fancy degree from pretigious school in Korea, but it is worthless here in US. How about testing their English skills? Employees in US have far superior spoken English skills than Korea hired ones. They are scarecrow when communicating in English.

    Doesn't Recommend
  7. 1 person found this helpful  

    Credit analyst(?)

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

    I have been working at Shinhan Bank America

    Pros

    Medical plan
    Brand power with Korean community

    Cons

    Salary is low 30K which is not even close to industry comparison. You need to be committed to work until your management leaves. It is probably 2 to 3 hours after normal business hour. Backed up by Parent bank in Korea. But without this financial help, bank cannot last next day. This tells you how strong the parent bank is. Money is pouring in so that the bank will survive and maybe in the future, it will prosper...It will take at least 5 years until see the result. They are short in hand, but cannot hire comparable candidates due to low salary offer. Employees hired either sponsored (visa) or not be able to work for American company due to language barrier.

    Advice to ManagementAdvice

    Recognize employees commitment, everybody is working hard to meet ends need. How far do you want them to go...100% is not enough? Listen to employees' voice. That's all

    Doesn't Recommend

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