Sovereign Reviews

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9 Employee Reviews

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  1. hadb

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Cashier in Cranston, RI
    Current Employee - Cashier in Cranston, RI

    I have been working at Sovereign full-time (Less than a year)

    Recommends
    Recommends

    Pros

    good MANAGEMENT and great ppl

    Cons

    nothing till now hope it lasts


  2. Challenging, but fun

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Project Manager in Boston, MA
    Current Contractor - Project Manager in Boston, MA

    I have been working at Sovereign as a contractor (More than a year)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Major transformation program in progress - fast-moving, dynamic environment. Interesting cultural cross-play between locals and Spaniards.

    Cons

    Changes of plan are often not explained to project teams or business unit managers.

    Advice to Management

    Explain and consult more.


  3. Helpful (1)

    Great Company and many opportunities to move up in the company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Bank Teller in Carlisle, PA
    Current Employee - Bank Teller in Carlisle, PA

    I have been working at Sovereign full-time (Less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    There are a lot of benefits and the work isn't really demanding.

    Cons

    Your coworkers can make you either A) go crazy B) transfer C) quit. The people that surround you really is the only con.


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  5. Good place to work, training is available and pretty current on technology

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Engineer in Newbury, England (UK)
    Current Employee - IT Engineer in Newbury, England (UK)

    I have been working at Sovereign full-time (More than 3 years)

    Neutral Outlook
    Neutral Outlook

    Pros

    They are trying to be cutting edge so lots to learn ad understand, not much time to do it because everything is pretty full on.

    Cons

    Too much to do in limited amounts of time leads to a chaotic environment

    Advice to Management

    Make sure that there's enough support staff before pushing projects through, trust the knowledge of internal staff more than the external consultants who only want the money


  6. Good, but could be better

    Current Employee - Mortgage Development Officer
    Current Employee - Mortgage Development Officer

    I have been working at Sovereign full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good benefits, built in customer base, name attracts customers and referral sources. Reasonable commission structure.

    Cons

    Loan officers and financial planners who are employees do not receive a salary, yet have requirements placed on their time. They are paid a draw against overall commission and are required to log a time card with hours worked. If loans get stalled when processors are too busy, a loan officer could actually end up owing the company money. Loan officers are expected to produce large monthly closed numbers, while the processing centers are seriously understaffed with processors averaging 200 or more loan files at a time.

    Advice to Management

    Don't be penny wise and pound foolish. Hire the processing staff required to keep up with the demand.


  7. Helpful (1)

    Stay away at all costs!

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

    I have been working at Sovereign

    Doesn't Recommend
    Doesn't Recommend

    Pros

    Decent but not stellar benefits package
    Decent work - life balance

    Cons

    The Spanish have no idea how to run a US company (and as it turns out they don't really know how to run a Spanish company either). They prefer to hire layer upon layer of incompetent management from the outside, rather than promote good people from within. The bureaucracy there is as bad as it gets anywhere. To say they have substandard information technology would be paying them a huge compliment. Management ranges from mediocre to completely incompetent. The pay stinks.

    Advice to Management

    Every single thing you are doing now, do differently. Listen to your employees and give them incentives to perform.


  8. Way too fast

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

    I worked at Sovereign

    Doesn't Recommend
    Doesn't Recommend

    Pros

    great people, decent pay, and good benefits

    Cons

    Upper management not in touch with sales-reps

    Advice to Management

    Pay more attention to the needs of employees


  9. decent

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

    I worked at Sovereign

    Pros

    learned alot in my time there

    Cons

    very clicky, you were punished for speaking your mind


  10. A caring team of people

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Auckland (New Zealand)
    Former Employee - Anonymous Employee in Auckland (New Zealand)

    I worked at Sovereign

    Recommends
    Recommends

    Pros

    Good business sustainability practice. Personally I attended some really great personal development workshops that made a real difference to my life holistically

    Cons

    Needs to consider more flexibility and mobility within roles

    Advice to Management

    Need to be more progressive about 'corporate' vs 'professional – there is a difference



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