Bridge Capital Holdings Reviews | Glassdoor

Bridge Capital Holdings Reviews

Updated April 9, 2017
8 reviews

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2.3
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Bridge Capital Holdings President, CEO, and Director, Bridge Capital Holdings and Bridge Bank Dan Myers
Dan Myers
4 Ratings

Employee Reviews

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  1. Helpful (1)

    "Good"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst II in San Jose, CA
    Former Employee - Credit Analyst II in San Jose, CA
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bridge Capital Holdings (More than a year)

    Pros

    Great for college graduates. Good starter job. The people are pretty cool. Kitchen stocked with drinks, coffee, tea and some snacks.

    Cons

    Pay is extremely low. Benefits are mediocre. Some people think they own the bank and since the acquisition things changed (for the worse).

    Advice to Management

    Pay better


  2. "Probably the most fraternity like company you can work for"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in San Jose, CA
    Former Employee - Credit Analyst in San Jose, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    At least they provide healthcare and snacks. I think the snacks are your biggest perks . Which is bottled water and fruit.

    Cons

    Relationships over hard work. As long as you have a great relationship with your boss, you're pretty much going to advance


  3. Helpful (1)

    "Credit Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Analyst in San Jose, CA
    Former Employee - Credit Analyst in San Jose, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    Pros

    Assuming you belong to one of the bank's more successful lending divisions, you can expect:

    -Good people
    -A positive work environment
    -Adequate peer training
    -Access and exposure to C-level management

    Cons

    Okay, where do I even begin?

    -BBNK was acquired by Western Alliance Lending in 2014, which led to major downsizing and process changes
    -Pay/compensation is well below the market average (a reason WAL is rumored to have acquired us is so they didnt have to pay high salaries)
    -Difficult to move up unless someone leaves, and promotions depend heavily on affordability
    -Turnover among analysts is extremely high
    -Intense focus on loan pricing and interest rates, which encourages lending to high risk, poor credit quality deals
    -No longer a formal analyst training course, which was deemed too costly for WAL
    -A lot of inappropriate comments and behavior from upper management, even for the banking industry
    -Upper mgmt also favors the more profitable divisions (Tech and Renewables)
    -Analysts are overworked and treated terribly, with no consideration of their work-life balance

    I could go on but there is simply not enough time.

    Advice to Management

    1) Stop kissing up to WAL and start treating your people better (namely analysts). Analysts are the backbone of all sales-side lending, doing most of the analytical work, so why would you compensate them so little?

    2) Focus on credits with solid performance and low risk profiles, rather than strong pricing. Yes WAL wants profits to show for a good acquisition, but it's not sustainable nor practical to only seek high return deals, while expecting low risk

    3) Re-instate the 12 month credit analyst training program.


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  5. "Terrible"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager in San Jose, CA
    Former Employee - Relationship Manager in San Jose, CA
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at Bridge Capital Holdings (More than 3 years)

    Pros

    Good people, good clients, plenty of parking.

    Cons

    Bad Management, weird politics, and bad management.

    Advice to Management

    Better Compensation


  6. "Market Manager"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Livermore, CA
    Current Employee - Anonymous Employee in Livermore, CA
    Recommends
    Positive Outlook

    I have been working at Bridge Capital Holdings full-time (Less than a year)

    Pros

    Flexibility, Earning potential, Creative thinking and structuring

    Cons

    Highly competitive, limited product set

    Advice to Management

    Take care of your employees better - benefits and comp


  7. Helpful (2)

    "Bridge Bank"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in San Jose, CA
    Current Employee - Assistant Vice President in San Jose, CA
    Doesn't Recommend
    Positive Outlook

    I have been working at Bridge Capital Holdings full-time (More than 3 years)

    Pros

    This is a small bank so it is easy to speak and have visibility with senior management. However, it is not just a community bank. There are locations nationwide and clients served are also nationwide.

    Cons

    There is not a lot of opportunity for career growth within Bridge. Compared to the Bank's competition (not peer banks) compensation and 401K is under market.

    Advice to Management

    Although there are many pros to Bridge Bank, the low salaries paid to employees across the Bank results in much of the top talent leaving to other institutions.


  8. Helpful (4)

    "Terrible"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager in San Jose, CA
    Former Employee - Relationship Manager in San Jose, CA
    Doesn't Recommend
    Negative Outlook

    I worked at Bridge Capital Holdings full-time (More than a year)

    Pros

    Bridge provides sparsely stocked kitchens and occasional access to C level executives.

    Cons

    Bridge suffers from a lack of established processes, lots of politics at all levels, unethical behavior by managers and poor underwriting standards. The division I worked in had people that were favorites of managers and were held to a double standard Promotions are based more on politics and shady business than meritocracy. Bridge does not provide adequate resources and expects originators to do a lot of paper pushing with minimal support. This created situations where I was expected to juggle a huge workload for minimal pay and lack of recognition. Avoid this Bank at all costs if you value your sanity and peace of mind. Most of the mid level management are not very friendly nor helpful in helping direct reports achieve their career goals. I have never worked at a place where people felt like they are on an island. Most people don't stay here very long because of what I have described. Other Banks provide better work environments.

    Advice to Management

    Treat people better and recognize people based on meritocracy instead of politics and favorites.


  9. "Credit Analyst"

    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
    Positive Outlook
    Approves of CEO

    Pros

    Good culture. Fast promotions in certain divisions (largely dependent on timing, market, people leaving, etc).

    Cons

    Less pay than some other banks of similar size (after a few promotions).