Working at First Marblehead | Glassdoor

First Marblehead Overview

Work Here? Get a Free Employer Account
Medford, MA
201 to 500 employees
1994
Company - Public (FMD)
Lending
$25 to $50 million (USD) per year
J.P. Morgan, Sallie Mae, Bank of America
With a Harvard education costing six figures, that government student loan just isn't going to cut it anymore. Enter First Marblehead. The company provides underwriting and risk management services for lenders and schools who offer private student loans for ... Read more

First Marblehead Reviews

3.0
StarStarStarStarStar
Rating TrendsRating Trends
Recommend to a friend
Approve of CEO
First Marblehead President, CEO, and Director Dan Meyers
Dan Meyers
8 Ratings
  • "Manager"

    StarStarStarStarStar
    Former Employee - Assistant Manager in Boston, MA
    Former Employee - Assistant Manager in Boston, MA

    I worked at First Marblehead full-time (More than 5 years)

    Pros

    • Starting position was System Developer to analyze student loans that do not require inter-department operators to carry piles of mails and documents during their job function and activities action time.

    Cons

    • Ending position was Manager to design loan approval activities map, functional requirement and human interactions. Accomplishments covered ordering equipment, materials, leading every memorandum on activities, dues, plans during meeting and employee appraisal.
    • Business product managed are listed as student loan, credit scores, course registration, transcripts, identities, passport, IBM Cobol AS 390, HP Servers, Microsoft SQL Servers, Project Managers, Networking Protocols, EMC InputAccel, Documentum, E-Room, Pega System, and Oracle Data Warehouse.
    • Customers managed are listed as Federal Reserve Bank, Experian, Equifax, TransUnion, Goldman Sachs,

See All 22 Reviews

First Marblehead Interviews

Experience

Experience
34%
33%
33%

Getting an Interview

Getting an Interview
50%
50%

Difficulty

2.2
Average

Difficulty

Hard
Average
Easy
  1.  

    Java Developer Interview

    Anonymous Employee in Medford, MA
    Accepted Offer
    Negative Experience
    Average Interview

    Application

    I applied through a recruiter. The process took 1 day. I interviewed at First Marblehead (Medford, MA) in November 2014.

    Interview

    Extremely misleading would be the best description of the interview process. They will tell you they have a training program, which doesn't by the way actually exist. They also will forget to mention that they are not really located in Boston. You will be sitting there by yourself in Boston while you get screamed at from their real office which by the way is in Rhode Island. Lies Lies Lies, and more Lies. That is the interview process at First Marblehead. Don't worry they've been laying off and firing people at such an alarming rate that you won't have to put up with it for long.

    Interview Questions

    • What is the MVC architecture? How do you feel about being subjected to sleep deprivation? What is your tolerance for electric shocks? Can you tell that I'm a sociopath?   1 Answer
See All 4 Interviews

First Marblehead Awards & Accolades

Let us know if we're missing any workplace or industry recognition – Add Awards

Work at First Marblehead? Share Your Experiences

First Marblehead
  • Star
  • Star
  • Star
  • Star
  • Star
 
Click to Rate
or