Wilshire Bancorp Reviews

Updated March 5, 2015
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2.9
8 Reviews
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Recommend to a friend
Approve of CEO
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Jae Whan (J.W.) Yoo
3 Ratings

Employee Reviews

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  1. Good opportunities for promotion, have a lot of learning curve.

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

    I have been working at Wilshire Bancorp full-time (more than 5 years)

    Pros

    They are all very nice people to work with, and this company does provide good insurance benefits.

    Cons

    They speak mainly in korean, if you don't know how, then you will missed a lot of information.

    Advice to ManagementAdvice

    Encourage English speaking culture.

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful

    Avoid working at this bank in the East Coast

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

    I have been working at Wilshire Bancorp full-time (more than a year)

    Pros

    Great coworkers and if you're a workaholic you'll love it here

    Cons

    Promotions, HQ being in LA (Human Resources don't care about the people that aren't located in HQ!!! They ignore the people on the East Coast!!!)

    Advice to ManagementAdvice

    Stick to your words. If you promise something to the employee, please do it. This is why no one likes you because you go behind what you say and stop boasting yourself in front of us cause we don't care.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  3. Poor management

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

    I have been working at Wilshire Bancorp full-time

    Pros

    Good coworkers, bonus if profitable, good insurance

    Cons

    Poor management, poor working conditions, you put 100% but there's no return. Strong Korean culture.

    Advice to ManagementAdvice

    Take care of your employees before they start leaving. High turn over rate is due to management that does not realize what they have until its gone.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5. administration

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

    I have been working at Wilshire Bancorp full-time

    Pros

    good benefits
    good co workers

    Cons

    work/life balance challenge will occur depending on certain departments of work
    too cultural

    Recommends
    Neutral Outlook
  6. Document Imaging Processor

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Wilshire State Bank in Los Angeles, CA
    Current Employee - Wilshire State Bank in Los Angeles, CA

    I have been working at Wilshire Bancorp full-time (less than a year)

    Pros

    Great Staff and supervisor, unparalleled teamwork and guidance from mentors and peers.

    Cons

    There can be times when the work becomes tedious and time pressured tasks without without knowing the projected end of the project

  7. Overworked and underpaid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Loan Officer in Los Angeles, CA
    Former Employee - Loan Officer in Los Angeles, CA

    I worked at Wilshire Bancorp

    Pros

    Nice colleagues, okay benefit program (medical/dental/vision/401k)

    Cons

    Significantly lower pay than its competitors.

    Advice to ManagementAdvice

    Improve the compensation plan to retain and attract skillful employees

    Doesn't Recommend
    Disapproves of CEO
  8. Good, but pay is low compared to other major banks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee in Los Angeles, CA
    Former Employee - Anonymous Employee in Los Angeles, CA

    I worked at Wilshire Bancorp

    Pros

    The people are caring, and great people work there.

    Cons

    Low pay, sometimes your opinion won't matter because of your age

    Advice to ManagementAdvice

    Give some pay raises to the front lines as they are the one that represents your company to the customers.

  9. Review

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

    I have been working at Wilshire Bancorp

    Pros

    Good Reputation, Good Working Environment, Good co-workers

    Cons

    Low Salary, Low Bonus, Low Benefits

    Advice to ManagementAdvice

    Thank you for everything. I will work harder.

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