Sovereign Bancorp Reviews

Updated April 22, 2015
170 reviews filtered by
  • Any Location
  • Any Job Title
2.1
170 Reviews
Rating Trends
Recommend to a friend
Approve of CEO
Sovereign Bancorp President & CEO Jorge Moran
Jorge Moran
39 Ratings

Pros
  • good benefits but you need them from all the stress meds you will be taking (in 12 reviews)

  • Good work/life balance with significant paid time off and the option to buy-back additional days (in 11 reviews)

Cons
  • They preach the importance of work life balance, but it's all talk (in 11 reviews)

  • too many conference calls, takes away from actual sales activity (in 16 reviews)

More Pros and Cons

Employee Reviews

Sort: Popular Rating Date
  1. Sovereign Bank - Dallas, TX

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

    I worked at Sovereign Bancorp full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    The people at Sovereign are some of the best!

    Cons

    I do not have any cons to share about Sovereign Bank in Dallas, TX

    Advice to Management

    Keep up the great work!

  2. Awful

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

    I worked at Sovereign Bancorp

    Doesn't Recommend
    Negative Outlook
    Doesn't Recommend
    Negative Outlook

    Pros

    Work Life Balance, that's it

    Cons

    Culture, management, collaboration, exposure to other functions, etc = all awful or non existant

    Advice to Management

    There's not enough space here

  3. You're just a number

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Sovereign Bancorp

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There was none for me.

    Cons

    You are just a number

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Senior Bank Teller

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Bank Teller in Boston, MA
    Former Employee - Senior Bank Teller in Boston, MA

    I worked at Sovereign Bancorp

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Having worked as a teller in other companies, Sovereign has a little less stressed atmosphere, in comparison.

    Cons

    As long as the goals are reached, they don't care about anything else. That would include cheating, rigging the system or lying to the face of customers.

    Advice to Management

    Please give help to associates when they ask for assistance.

  6. Sovereign was a great place to work for, Santander was definitely not

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Analyst in Reading, PA
    Former Employee - IT Analyst in Reading, PA

    I worked at Sovereign Bancorp full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    They pay you and many of the employees are great to work with. Benefits could better but are OK

    Cons

    My impression is that management does not like or trust US citizens as they are constantly moving jobs to Mexico and bringing talent over from Europe to US. Big emphasis on being bilingual which I felt was unfair to older Americans who speak nothing but English.

    Advice to Management

    Not much I can say, their minds are made up.

  7. Hated it

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Sovereign Bancorp

    Pros

    None that I can think of

    Cons

    All, no customers, boring, long hours, incompetent management

  8. They're not concerned with having a life, outside of work.

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

    I have been working at Sovereign Bancorp full-time (More than 5 years)

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    You get to work with different types of people.

    Cons

    Being passed over for promotions, never getting any type of raise.

    Advice to Management

    Realize that working isn't the only thing that matters in life.

  9. Overall good experience. Gained valuable experience.

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

    I worked at Sovereign Bancorp full-time (More than 3 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    Good benefits. Several opportunities to learn and improve through company sanctioned training.

    Cons

    Below average salary. No work life balance.

    Advice to Management

    Encourage teamwork between departments, instead of competition.

  10. Auto Finance Collection Specialist

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Collection Specialist in Rocky Hill, CT
    Former Employee - Collection Specialist in Rocky Hill, CT

    I worked at Sovereign Bancorp full-time (More than 10 years)

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    Pros

    I previously worked for Sovereign Bank in the Auto Finance Division as a Collection Specialist. Through the many years employed there, we were all like family and helped each other.

    Cons

    When Santander purchased Sovereign Bank, they shut down the Auto Finance Division and laid off 100s of employees.

  11. Big Small Bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Small Business Specialist II in Phila, PA
    Former Employee - Senior Small Business Specialist II in Phila, PA

    I worked at Sovereign Bancorp full-time (More than 3 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Small bank with a big heart

    Cons

    thinks regional when it should think national

    Advice to Management

    stop with the gimics

Sovereign Bancorp Photos

Financial Plaza

+ Add Photo

Work at Sovereign Bancorp? Share Your Experiences

Sovereign Bancorp

 
Click to Rate
or

Your response will be removed from the review – this cannot be undone.