Bank of England Reviews | Glassdoor

Bank of England Reviews

Updated Oct 22, 2019

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3.5
StarStarStarStarStar
Rating TrendsRating Trends
66%
Recommend to a Friend
80%
Approve of CEO
Bank of England CEO Mark Carney
Mark Carney
84 Ratings
Pros
Cons
  • "Because it's such a great company to work for, it is very difficult for career progression - nobody wants to leave(in 11 reviews)

  • "Pay significantly lower than private sector - to be expected(in 10 reviews)

More Pros and Cons
  1. "Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 

    I worked at Bank of England full-time for less than a year

    Pros

    Hands-on approach. Friendly and collegial.

    Cons

    maybe too hierarchical at times

    Bank of England2019-04-30
  2. Helpful (2)

    "Some what micromanaging; however, the co-workers are very nice people."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Mortgage Banker in Laguna Niguel, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Bank of England full-time for less than a year

    Pros

    Snacks and good coffee and teas

    Cons

    Very slow, have to generate your own leads

    Bank of England2019-06-13
  3. "Nice place to work"

    StarStarStarStarStar
    Former Employee - Anonymous Employee 

    I worked at Bank of England full-time

    Pros

    Everyone I worked with as a remote closer was very nice, helpful and welcoming.

    Cons

    Sometimes email responses were slow, but that was because of volume.

    Bank of England2017-10-20
  4. "Overall great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of England full-time

    Pros

    Great place to work amongst fantastic colleagues who are willing to share knowledge / experience

    Cons

    Pay is lower than if worked in private industry

    Bank of England2017-05-02
  5. Helpful (1)

    "Great people that care!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Anonymous Employee 
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Bank of England full-time

    Pros

    Friendly and fun work environment. The Loan Officer I worked for genuinely CARES about his clients and their best interests (remember not all Loan Officers are created equal). Decent pay (role depending).

    Cons

    Located in DTC (which was a far commute for me). If you aren't looking for a career in the mortgage world, their is not much crossover for other employment opportunities. Prepare to be glued to your phone/email.

    Bank of England2017-03-23
  6. "Loan processor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     
    Recommends
    Positive Outlook

    I have been working at Bank of England

    Pros

    Excellent potential to earn money

    Cons

    It is good working for Bank of England job require

    Advice to Management

    None

    Bank of England2017-01-11
  7. "Professional Management"

    StarStarStarStarStar
    Senior Loan Officer in England, AR

    I worked at Bank of England for more than a year

    Pros

    Self- Starter ,experienced problem solver, charismatic, hard worker , reliable, get it done !

    Cons

    not always tradition in approach , willing use discretion in allowed by management , sometimes people jealous even when decisions are allowed and if employees seem to view you as go to person because you have taken the initiative to help solve customer issues with good results

    Advice to Management

    make sure you know what the issues and concerns are. Then use company guideline in the procedures to resolve issue, when appreciate involve immediate management

    Bank of England2016-08-19
  8. Helpful (1)

    "Processing Assistant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     

    I have been working at Bank of England

    Pros

    Free spirited, clean office, team members are very nice and overall ok to work for for beginners but you must be self sufficient.

    Cons

    Very unorganized, low in pay, no training, high exceptions low pay, too many family members working under one roof.

    Bank of England2016-02-09
  9. Helpful (3)

    "Enjoyable"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Credit Manager 
    Neutral Outlook
    Approves of CEO

    I have been working at Bank of England full-time for more than a year

    Pros

    Very enjoyable culture and management. Younger crowd working there but very informational and smart. Had a nice time with this company.

    Cons

    Long hours, generating your own leads. Often times required to network outside of standard business hours and company time. Long work weeks ensue.

    Bank of England2014-11-17
  10. "Technical Specialist entry level"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Technical Specialist 

    I have been working at Bank of England full-time for less than a year

    Pros

    provides you with lots of training

    Cons

    Very Hierarchical structure so it may not be that easy to talk to very senior members

    Bank of England2019-10-22
Found 170 reviews