Wells Fargo Chicago Reviews

Updated May 28, 2020

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3.4
56%
Recommend to a Friend
Wells Fargo CEO Charlie Scharf
Charlie Scharf
0 Rating
  1. "Benefits"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time

    Pros

    Strong PTO days from day 1 (23 days + 13 holidays); 16 week maternity leave

    Cons

    Sometimes pays under market pay

  2. "Summer Financial Analyst"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Intern in Chicago, IL
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo for less than a year

    Pros

    good internship program, exposure to wholesale banking

    Cons

    not a very large internship program

  3. "na"

    3.0
    Former Employee - Branch Manager in Chicago, IL

    I worked at Wells Fargo full-time for more than 5 years

    Pros

    it was okay I guess

    Cons

    long work hours on the regular

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  4. "Wells Fargo Financial Analyst, Commercial Banking"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Communications, Finance and Administration Manager in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time for more than a year

    Pros

    Great first job out of college. Learned a lot but also had a great work-life balance.

    Cons

    A lot of restructuring / changes stemming from upper level management.

  5. "Fed mandated asset cap squeezes non-production roles"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Operations Liaison in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time for more than 3 years

    Pros

    Decent time off if you stay long enough, growth opportunities, easy to make friends at work as the teams look out for each other

    Cons

    Major decisions and initiatives take place at the regional or higher level leaving the local teams feeling powerless. Recent decisions to "consolidate" business channels and "streamline" operations has resulted in job eliminations and grueling working conditions for operations/compliance and non-production roles. Operation Liaison role has been eliminated. No doubt the firm trying to save money cutting costs since Wells Fargo as an enterprise is now under a fed mandated asset cap.

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  6. "Summer Financial Analyst - Commercial Banking"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - Summer Financial Analyst in Chicago, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Wells Fargo for less than a year

    Pros

    Deal exposure within business banking and commercial banking

    Cons

    Exposure to LOBs outside of commercial banking

  7. "Wellsfargo"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Credit Analyst in Chicago, IL
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time for more than 5 years

    Pros

    Large company with career opportunities throughout the US.

    Cons

    Minimum career options in the Chicago land area.

  8. "Good Program"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Associate Financial Advisor in Chicago, IL
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time for more than a year

    Pros

    well thought out training program

    Cons

    Not much support at the beginning

  9. Helpful (1)

    "Credit view"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Vice President Credit in Chicago, IL
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time for more than 8 years

    Pros

    The people are very good

    Cons

    Regulation, far too much red tape

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  10. "Wells Fargo"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Account Manager in Chicago, IL

    I worked at Wells Fargo full-time for more than 8 years

    Pros

    401k, insurance, HSA, maternity leave, vacation days

    Cons

    Hard to work for a company that has done so many unethical items

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