Select Portfolio Servicing - Goodbye SPS, Hello Fairbanks Capital. | Glassdoor
There are newer employer reviews for Select Portfolio Servicing
There are newer employer reviews for Select Portfolio Servicing

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Helpful (1)

"Goodbye SPS, Hello Fairbanks Capital."

Star Star Star Star Star
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Helpdesk II in Jacksonville, FL
Former Employee - Helpdesk II in Jacksonville, FL
Doesn't Recommend
Disapproves of CEO

Pros

You have a fairly laidback atmosphere at least from where I worked in the Information Technology field. Upper level management doesn't micromanage you, it's your colleagues who want to be in upper level management you have to worry about. If you're in good with the right Supervisor, Manager, Director or SVP, even if they're not above you, you're set.

Cons

From what I understand of the business unit, they are still good ol' Fairbanks Capital. Time and time again they still bend the FTC/FCC rules and regulations. It's only a matter of time until people speak up and they're slammed with another $40,000,000 fine.

Advice to Management

Take a giant step back and realize that the people you are asking to work 80+ hour weeks are people. They have a word for dying from being overworked in Japan. Wouldn't it be great if that word had an English equivalent?

Other Employee Reviews for Select Portfolio Servicing

  1. "It's ok"

    Star Star Star Star Star
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Approves of CEO

    I have been working at Select Portfolio Servicing full-time

    Pros

    They are driven by results and follow the rules without question. They look for improvements everywhere and pointing them out will yield praise and gratitude from management.

    Cons

    Their training for departments is very bad and some management personnel are very unkind. It doesn't feel like an environment that is conducive to asking questions and learning.

    Advice to Management

    Help new hires learn by assigning better mentors or providing more job training.


  2. Helpful (1)

    "Risk Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Select Portfolio Servicing full-time

    Pros

    Favorable hours. Risk management department is generally good to work for, managers are generally hands-off.

    Cons

    Poor project management. Expectations are poorly communicated. Business unit managers are frequently uncooperative and, for lack of a better term, cantankerous. SPS likes to act like it is grown up...but it is not. It still has a small-company feel.

    Advice to Management

    Communicate on expectations and manager projects more efficiently.

There are newer employer reviews for Select Portfolio Servicing
There are newer employer reviews for Select Portfolio Servicing

See Most Recent

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