BBVA Reviews in New York, NY | Glassdoor

BBVA New York Reviews

Updated February 2, 2017
13 reviews

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New York, NY

3.8
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BBVA Chairman Francisco González Rodríguez
Francisco González Rodríguez
6 Ratings

13 Employee Reviews

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Pros
  • Work/Life Balance and compensation/benefits (in 17 reviews)

  • The work environment was pretty nice (in 17 reviews)

Cons
  • Long hours, pressure for results (in 11 reviews)

  • Strategically unorganized, work - life balance is not a priority (in 5 reviews)

More Pros and Cons

  1. Helpful (3)

    "Managing Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Managing Director in New York, NY
    Current Employee - Managing Director in New York, NY
    Recommends
    Negative Outlook
    Disapproves of CEO

    I have been working at BBVA full-time (More than 10 years)

    Pros

    Footprint for LatAm and local banks

    Cons

    Salary, strategy, slow implementing canges

    Advice to Management

    Loosing market position


  2. "Project Finance Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Finance Analyst in New York, NY
    Former Employee - Project Finance Analyst in New York, NY
    Negative Outlook
    No opinion of CEO

    I worked at BBVA full-time (More than a year)

    Pros

    Due to mix between Spanish, Latino and American cultures in the office (NY office), overall environment was somewhat more relaxed and not very uptight or strict. Easy going. Generally, friendly faces.

    Cons

    Compensation tends to be below market standard (at least in NY and in CIB). Slow professional development, no clear career paths. Does not use 3 year promotions used at other IB banks for analysts, associates, etc. Management doesn't seem to know what to do with the bank... In my two years there were constant rumors of restructuring and layoffs. From the looks of it, the bank is always restructuring. Also, little effort put into retaining younger talent. There was an inverted pyramid structure in many of the teams.

    Advice to Management

    Take better care of junior staff in order to avoid them leaving. Promote meritocracy over networking and connections

  3. "Good people but limited opportunities"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President in New York, NY
    Former Employee - Vice President in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at BBVA (More than 3 years)

    Pros

    Great people to work with. Nobody is trying to steal your job away

    Cons

    Slow decision making and risk adverse


  4. "Director"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Director in New York, NY
    Current Employee - Executive Director in New York, NY
    Recommends
    Positive Outlook

    I have been working at BBVA full-time (More than a year)

    Pros

    Amazing Culture - Very positive environment and strong niche player

    Cons

    Small platform and narrow focus

    Advice to Management

    Keep an eye for growth opportunities


  5. "Derivatives Sales Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Derivatives Analyst in New York, NY
    Current Employee - Derivatives Analyst in New York, NY
    Recommends
    Positive Outlook

    I have been working at BBVA full-time (More than a year)

    Pros

    Great place to work in the city

    Cons

    Slow operations in Madrid, Spain

    Advice to Management

    Pay analysts more


  6. "Great Culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in New York, NY
    Current Employee - Analyst in New York, NY
    Approves of CEO

    Pros

    Great culture and direct exposure to senior management

    Cons

    Tough on comp -- can get more across th street


  7. "specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Consultant in New York, NY
    Former Employee - Consultant in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BBVA (Less than a year)

    Pros

    fun to work, cool environment and locations, nice staff everybody smiles and have a good time

    Cons

    sometimes gets messy, management needs to get their hands on a few things

    Advice to Management

    more policies

  8. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good team
    Friendly culture
    Work life balance

    Cons

    Insurance is costly
    Average pay


  9. Helpful (7)

    "Stupid vacation colony for expats from Spain. Blatantly discriminates locals. Horrible management."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President in New York, NY
    Former Employee - Assistant Vice President in New York, NY
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at BBVA full-time

    Pros

    Not much really. Perhaps some "stability" but that is an illusion. Layoffs are common indeed. Colleagues tend to be nice, normal hardworking people. Some people are confrontational but most of the troops are quite relaxed. If you are a locally hired, non-"strategic" employee, best compensation is when you get hired because it rides a descending curve. Training is a joke, they give you the cheapest they can find. When there are "important" soccer games, it's ok to watch on the company's tv's (best pro of the company)..

    Cons

    Only those in the inner circle from their home country, enjoy benefits, generous company perks. All others can expect to get the bare minimum standard treatment. Most of us never get ahead. There are old timers with 20, 30 years in the same position they were initially hired. Salary increases barely keep up with inflation. Very commonly your manager will surprise you on bonus day that your performance was subpar so NO bonus for you that year. This is so because bonus announcement is on the same day you get your evaluation, so you have no opportunity to defend your point of view. Since promotion criteria is based solely on your origin and being inside the circle, management is incompetent, unprepared, untrained, egoistical, simply horrible. Even externally hired managers tend to be incompetent. Company is pretty cheap. If you are a "commoner", don't spend a dime more than the bare minimum when they send you on business travel. You won't get reimbursed. Walk or take a bus if you can, don't take a cab. Top management from hq is also horrible. Spain is broke.

    Advice to Management

    Get everything in writing. Always negotiate BEFORE you get into any agreement.


  10. "Imperialism alive and well....for now"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in New York, NY
    Former Employee - Anonymous Employee in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Some talented people (usually no the decision makers)

    Cons

    Limited/Non-existant career path except for expats. Poor management, very pompous and arrogant senior management, senior management predominantly expats

    Advice to Management

    Invest in sensitivity training for management. The American worker is not necessarily accustomed to being treated like workers in other parts of the world. Especially those of us in NYC. Cutting back on the elitist and classist arrogance would do wonders for staff moral.


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