Bancolombia Reviews | Glassdoor

Bancolombia Reviews

Updated February 20, 2017
22 reviews

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Full-time Part-time

4.1
Star Star Star Star Star
Rating Trends Rating Trends
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Approve of CEO
Bancolombia President Carlos Raúl Yepes Jimenez
Carlos Raúl Yepes Jimenez
14 Ratings

22 Employee Reviews

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  1. Helpful (1)

    "Senior Analyst"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends

    I worked at Bancolombia full-time

    Pros

    Amazing culture, collaborative environment, big deals

    Cons

    Centralized decison making in Medellin

    Advice to Management

    Delegate and give more independence to the rest of the cities


  2. "Better than other companies in Colombia"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I worked at Bancolombia full-time (More than 8 years)

    Pros

    Honest in their processes
    Organized
    Great Name
    Sufficient technical tools to perform the job
    Great Location
    Clear lines of direction

    Cons

    Stresfull
    Time consuming, if you leave at 6:00pm your boss questions you on why are you leaving so early
    Unfairly tratment (you can totally identify the preferences over other co-workers)
    Terrible people treatment


  3. "Great place"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bancolombia full-time

    Pros

    Excellent place to work, great team-work environment and proficient formation of future leaders

    Cons

    The bank’s technology and operating system should be updated

    Advice to Management

    None


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  5. "Director"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Director
    Former Employee - Director
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Full of opportinuties and friendly staff/very cooperative.

    Cons

    Slow to implement projects. Structure change with high frequency


  6. "Analista"

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

    I have been working at Bancolombia full-time

    Pros

    The bank offers job security with additional benefits in health, recreation and education. It is a good place to learn knowledge and lends itself to it without so much pressure

    Cons

    Precisely because of the stability it becomes monotonous and there is little chance of promotion occupationally as there is little turnover in senior positions


  7. "Nice place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Medellín, Antioquia (Colombia)
    Current Employee - Analyst in Medellín, Antioquia (Colombia)
    Recommends
    Positive Outlook

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

    Pros

    Good benefits, very friendly community, great place to work

    Cons

    Very rigid structure, difficult to build a career.

    Advice to Management

    A career plan should be developed.


  8. "Investor Relations"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investor Relations Analyst
    Former Employee - Investor Relations Analyst
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bancolombia (More than a year)

    Pros

    The benefits are great, from loans with special rates, low gym membership, nice bonuses, discunts in different retailers

    Cons

    The salary is not the best. Slow career development

    Advice to Management

    Grow responsibly


  9. "Sales Assistant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Santa Marta, Valle del Cauca (Colombia)
    Current Employee - Anonymous Employee in Santa Marta, Valle del Cauca (Colombia)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Nice co workers relationship
    confortable offices
    Nice managers

    Cons

    take to long to promote


  10. "Freelance risk analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Freelance Risk Analyst in Medellín, Antioquia (Colombia)
    Former Employee - Freelance Risk Analyst in Medellín, Antioquia (Colombia)
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Bancolombia (Less than a year)

    Pros

    Good company, nice environment people good to grow,

    Cons

    A little bit comfortable and less proposal or advice acceptance.

    Advice to Management

    More collaboration


  11. Helpful (1)

    "Good if you want a steady job with no growth"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst
    Former Employee - Analyst
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good benefits plan.
    Nice enviroment.
    Decent installations if you are in the central headquarters.
    Looks good on your CV.
    Decent pay for a first job, working only 2 years top.

    Cons

    There's no way to grow unless you search for vacancies in other areas that are not related to your work, even then is hard to get one since almost 50 people or more apply for the same job, you don't get promoted on knowledge or experience, the only chance at getting promoted or having a raise in salary is if someone on your area leaves or gets fired and you're lucky and get picked by the boss. The other way to get promoted is if you have contacts in the higher management.
    There's no room for creative people, they award the ones who don't take any risks.
    No training, you get stuck learning the old ways of what is done inside the company.
    Many times the managers get picked by favoritism and not by their knowledge so you get for example and economist in an IT area, and then he's in charge of rating your abilities on IT when he doesn't understand IT himself.
    People get rejected from areas for not having a postgraduate degree, even if they have many years of experience and knowledge of the business with high results.
    No salary raise even after many years, you have to change positions to get a rise.
    Low tolerance to failure, you get "punished" from failing even in the most minimum stuff, again they prefer people who stuck to the old ways and succeed than risk takers who can fail from time to time.

    Advice to Management

    You really need to check how people are getting promotions inside the company, you have to value the employees who are loyal and have experience and knowledge and reward them accordingly, you must search for people capable and thirsty for knowledge instead of people with degrees.



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