IndyMac Bancorp Reviews in Los Angeles, CA | Glassdoor

IndyMac Bancorp Los Angeles Reviews

21 reviews

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Los Angeles, CA Area

3.0
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IndyMac Bancorp CEO John F. Bovenzi
John F. Bovenzi
3 Ratings

21 Employee Reviews

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  1. "Western Regional Mgr"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst : : BankOfAmerica in Los Angeles, CA
    Former Employee - Analyst : : BankOfAmerica in Los Angeles, CA
    Recommends
    Positive Outlook

    I worked at IndyMac Bancorp full-time (More than 3 years)

    Pros

    Excellent place to work room for advancement and promoted within company,

    Cons

    Company went out of business.


  2. "Crazy place too work in 2007"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Pasadena, CA
    Current Employee - Anonymous Employee in Pasadena, CA
    Doesn't Recommend
    Neutral Outlook

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

    Pros

    The people were great, developed long lasting relationships

    Cons

    the company was financially unstable.

    Advice to Management

    n/a

  3. "Challenging Environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - IT Manager in Pasadena, CA
    Current Employee - IT Manager in Pasadena, CA
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Good pay, great location in Pasadena.

    Cons

    Banking industry was failing, and IMB was one of the casualties. Very aggressive environment with high politics.

    Advice to Management

    None


  4. "The Fish Rots From The Head"

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

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

    Pros

    Not much at all. There were some decent managers. However, the kill or be killed culture usually only left managers that supported and contributed to a terrible culture and environment

    Cons

    Over worked, too many hats, underpaid, under appreciated, most promotions were given to incompetent friends of management, horrible leadership, terrible culture, high turnover.

    Advice to Management

    clear the ranks of dictators and hire managers that are true leaders and motivators, people who have some hands on experience


  5. "Great experience working for this company."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Asset Manager in Los Angeles, CA
    Former Employee - Asset Manager in Los Angeles, CA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at IndyMac Bancorp full-time (More than 10 years)

    Pros

    Good bonus structure for employees.

    Cons

    Lack of room for growth.


  6. "Very Satisfying... Promotion was recognized..."

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

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

    Pros

    At the beginning we were LoanWorks and it was an easy going company.. the move to a BANK changed the structure of the company however the easiness lingered and became more to the corp entity that is was.

    Cons

    Seemed like there was much moving around...Oh... I forgot... the FDIC walked in and we were put in Receivership, UGH... On my Birthday even.

    Advice to Management

    Beware to Be Ware.


  7. "Banker"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Pasadena, CA
    Current Employee - Manager in Pasadena, CA
    Recommends
    Negative Outlook
    No opinion of CEO

    I have been working at IndyMac Bancorp full-time (More than 3 years)

    Pros

    Great company, fun atmosphere. I liked the people I worked with, the company did not seem greedy in terms of salaries.

    Cons

    Departments could be a bit unorganize but overall it was a un experience for me. I learned alot there.

  8. Helpful (1)

    "Was a good company but lost itself in politics and break neck growth"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Technical Consultant in Pasadena, CA
    Current Employee - Technical Consultant in Pasadena, CA
    No opinion of CEO

    Pros

    Rewarded its employees if they were outstanding

    Cons

    Lot of politics specially in IT

    Advice to Management

    Get out of the rut


  9. "Good experience."

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Pasadena, CA
    Former Employee - Anonymous Employee in Pasadena, CA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Dedicated, well compensated, hard working staff.

    Cons

    Seemed like a 24/7 job.

    Advice to Management

    Best job leads are from former associates.


  10. "OneWest Bank formerly Indymac Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Associate Analyst in Los Angeles, CA
    Former Employee - Associate Analyst in Los Angeles, CA
    No opinion of CEO

    Pros

    The management team was very knowledgeable.

    Cons

    Monetary compensation was one of the lowest in the industry.

    Advice to Management

    Provide better compensation


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