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"They provided on the job training for the compliance procedures, offered overtime, and had a nice office" (in 9 reviews)
"Great people - very diverse background which brings a fantastic cultural mix to the team" (in 9 reviews)
"Extremely poor work life balance" (in 13 reviews)
"junior staff are seen like pawns on a chess board that can just be moved around (literally) by senior management" (in 11 reviews)
I worked at Promontory Financial Group full-time
Pros
Excellent people, interesting engagements, collaborative environment
Cons
None to speak of frankly
I worked at Promontory Financial Group full-time (More than a year)
Pros
Great PTO, holidays, and pay. Awesome coworkers and a fun day-to-day work environment.
Cons
Little room for growth into advanced roles within the company. Very infrequent pay raises. HR can be useless.
I have been working at Promontory Financial Group full-time (More than 5 years)
Pros
Good people
Interesting projects
Great exposure to senior members at the client
Cons
Lackluster base pay (used to be competitive)
Decreasing bonuses every year
Lack of transparency
Advice to Management
Pay more
Helpful (2)
I worked at Promontory Financial Group full-time
Pros
+ Some great people are still around but they continue to leave, without replacement.
+ Consistently apply a nautical theme across all aspects of the company (hence the review title).
+ IBM acquisition brought about a relaxed culture and a better work/life balance.
+ Good place to work for those who aren't overly engaged and don't mind the sometimes drastic career drift.
+ Junior staff are given real responsibilities and not often asked to do menial tasks.
+ Nice offices and work from home option is available for most employees.
Cons
- Real leadership and vision are severely lacking.
- Quality and reputation have hastily declined, as has compensation.
- Once a professional services firm full of SMEs doing the work, it is now a sales organization where the dwindling number of experienced staff focus on sales, not delivery.
- Not a place for those looking to grow or manage their own career.
- The company culture is bad and there are some bad apples that they refuse to fire. Instead of working on this, HR is apparently too focused on fixing the Glassdoor rating by publishing misleading reviews.
- Lacking a plan for the future, particularly with regard to IBM.
Advice to Management
The CEO was amazing but is now disengaged (understandably) and focused on other endeavors. So line up the next leader(s) who can create and execute on a vision for the company.
To keep the company from sinking further, put an honest effort into fixing some of the issues OR just let the employees know that the plan is to wait it out until the company eventually dissolves into IBM.
I worked at Promontory Financial Group full-time (More than 5 years)
Pros
You work with the best and the brightest in financial services
Cons
You have to self-advocate a lot, and there can be "in groups" and "out groups"
Advice to Management
More training. Treat "infrastructure" team better.
Helpful (1)
I have been working at Promontory Financial Group full-time (Less than a year)
Pros
Investigative work, team I'm working with
Cons
System issues, some unrealistic expectations
I have been working at Promontory Financial Group full-time (More than 3 years)
Pros
Diverse assignments & excellent benefits and pay. The CEO’s vision is noble and supportable.
Cons
Lacking protocol, structure, appropriate resources in many instances, and an overall tangible appreciation of diversity.
Advice to Management
Create a sustainable structure, strengthen diversity programs and foster an environment which holds senior management and Directors accountable.
Helpful (3)
I worked at Promontory Financial Group full-time (More than 3 years)
Pros
Working from home occasionally but that’s about it
Cons
Where to begin? Management is horrible and treats you like garbage. They will do everything in their power to make sure you know you are inferior. If you bring up your issues to them, they will twist your words and make it seem like you are the one that is in the wrong. You will never feel appreciated for any of the work you do. If you are deciding whether or not to work here, DO NOT. Run while you have the chance.
Advice to Management
Learn how to be a real manager that is fair, appreciative and willing to accept criticism.
Helpful (4)
Pros
If you enjoy taking silly quizzes or polls, this is the job for you!
Cons
Poor training
Poor management
I wasn't given any clear expectations on what my production level should be on alerts. I was told to focus more on quality than quantity while I was still in training and then once I got cleared I could ramp up. I was let go within the month for "production" reasons. Many of the upper management does not come from an AML/business background.
Helpful (3)
I worked at Promontory Financial Group full-time (More than a year)
Pros
It’s a paycheck and they’re leaneant with your schedule.
Cons
No room for growth
Team leads are almost never around
No clear end goal
Advice to Management
Be more available and be more transparent
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Promontory Financial Group Response
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