OneWest Bank Reviews | Glassdoor

OneWest Bank Reviews

Updated April 19, 2017
43 reviews

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2.0
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Ellen Alemany
2 Ratings

43 Employee Reviews

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Pros
  • Great work environment in my department (in 10 reviews)

  • Nice work-life balance, no micromanagment (in 5 reviews)

Cons
  • No technology and poor leadership and upper management (in 9 reviews)

  • Disorganized, Senior Management was not grounded in goals and objectives (in 7 reviews)

More Pros and Cons

  1. "Weak middle management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Service Manager in Pasadena, CA
    Current Employee - Service Manager in Pasadena, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at OneWest Bank full-time (More than 10 years)

    Pros

    401k matching is 4%, Health benefit is good, if you are lucky you can get a great manager, excellent work life balance, lacks complete product suite so sales targets are easy to achieve since you will only be selling mortgages and deposit accounts. Great place for lazy people.

    Cons

    Nepotistic management, middle management does not know what they are doing, HR is horrible, managers make so many mistakes and get away with it. Very slow in credit approval. Divided among various cultures: pre and post merger, east coast vs. west coast employees, etc.

    Advice to Management

    Come to California and look closely at your middle management staff and hold them responsible for (lack of) their actions.


  2. "Unprofessional Behavior Allowed, Terrible Management"

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

    I worked at OneWest Bank full-time (More than a year)

    Pros

    Salary was better than I was expecting. Location in the Domain is awesome.

    Cons

    My supervisor encouraged gossiping and actually pitted team members against one another. Lots of unprofessional behavior tolerated.

    Advice to Management

    Stop pitting employees against one another and encourage working together as a team. Stop allowing childish behavior and bullying. Hire people with the skills and background to do the job.


  3. "Regional Manager"

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

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

    Pros

    Small bank. Direct access to leadership. Higher rates on deposit products and a good place to park your money. Autonomy to lead.

    Cons

    No technology and poor leadership and upper management. Ridiculous goals for a small company with very few branches. Expectations of small branches to be people's primary bank without what it takes to ensure that actually happens.

    Advice to Management

    Live in reality. Your only serve one purpose and that is high interest savings. Few will ever use you as a primary bank. Your technology is mediocre at best and business technology is nonexistent.


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  5. "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Assistant Reconciliation Accountant in Austin, TX
    Former Contractor - Assistant Reconciliation Accountant in Austin, TX
    Doesn't Recommend
    Negative Outlook

    I worked at OneWest Bank as a contractor (Less than a year)

    Pros

    They are a great company for employee to have fun . Play play only

    Cons

    Management are bais , always promoting their friend .

    Advice to Management

    Need to change management . Bring in new management


  6. "Average Job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Kalamazoo, MI
    Former Employee - Anonymous Employee in Kalamazoo, MI
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at OneWest Bank (More than a year)

    Pros

    Great co-workers to work with

    Cons

    Department was outsourced so everyone was laid off

    Advice to Management

    Upper lever management did not care about employees


  7. "Personal banker"

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

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

    Pros

    Great Bank to work for. Clients are seniors who have CD accounts only, the goal is to be primary bank.

    Cons

    Its starting to become like a "CHASE" bank.


  8. Helpful (1)

    "Personal Banker"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Personal Banker in Whittier, CA
    Former Employee - Personal Banker in Whittier, CA
    Doesn't Recommend
    Disapproves of CEO

    I worked at OneWest Bank full-time (More than 3 years)

    Pros

    good manager and coworkers to help train and guide you

    Cons

    no room for advancement, no annual reviews to go over performance,
    raises are non-existent
    goals are sometimes out of reach

    Advice to Management

    take care of your employees or else they will not stay


  9. Helpful (1)

    "Look somewhere else."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Financial Analyst in Pasadena, CA
    Current Employee - Senior Financial Analyst in Pasadena, CA
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I have been working at OneWest Bank (Less than a year)

    Pros

    Newer bank, but that's a drawback as well. Chance to make a mark possibly? Chance to clean up messy situations created by incapable Liberal Arts majors who attended watered-down MBA programs and don't know how to use Excel properly?

    Cons

    Disorganized management, little to no info regarding the future of the group, bank, or merger status. Favoritism/Nepotism is rampant. Most employees are looking to skate through their jobs, especially upper to middle management, which leverage outside of work commitments to gain time away from the office.

    Advice to Management

    Provide a training program that is actually meaningful and useful. Provide information to employees about the direction and status of the groups.


  10. Helpful (1)

    "No opportunity for growth"

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

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

    Pros

    Technology and exposure to work with senior leadership teams - learning opportunities

    Cons

    Downsizing led to increase workload /responsibilities with no increase in pay or opportunity for career growth within company . I took the experience I gained from OWB and got a job making $20k more.

    Advice to Management

    Acknowledge the contributions of your teams and provide fair compensation for the worth/contributions. Good employees are easily recru item to other companies.


  11. "Good job"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Austin, TX
    Current Employee - Analyst in Austin, TX

    Pros

    Great pay and a easy environment to work in.

    Cons

    No room for growth in the company. pretty much stagnate.

    Advice to Management

    Add some incentives to employees.


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