Wells Fargo Officer Reviews | Glassdoor

Wells Fargo Officer Reviews

Updated November 9, 2018
116 reviews

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Officer

2.9
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
13 Ratings

Employee Reviews

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Pros
Cons
  • "Work life balance was a poor aspect of the job" (in 369 reviews)

  • "Can be hard to reach sales goals" (in 1271 reviews)

More Pros and Cons

  1. "Great company to help your clients"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer in Austin, TX
    Current Employee - Mortgage Loan Officer in Austin, TX
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time (More than 10 years)

    Pros

    Great culture, training, management and compensation

    Cons

    Very large company that has been hit by bad press

    Advice to Management

    Keep up the good work.


  2. "Mortgage Loan Officer"

    StarStarStarStarStar
    Former Employee - Mortgage Loan Officer in Richmond, VA
    Former Employee - Mortgage Loan Officer in Richmond, VA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time (More than 10 years)

    Pros

    Referral Base is very large

    Cons

    Needs to focus on what is good for customer

  3. "Loan Officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer in Newport Beach, CA
    Former Employee - Loan Officer in Newport Beach, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time (More than 3 years)

    Pros

    Awesome reputable bank with excellent products for consumers

    Cons

    Lots of time spent on overseeing processing due to overload. Of course in this business when it rains it pours so always hard to balance the staffing. Overall good place to work.


  4. "Could be a lot better."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Mortgage Loan Officer in Portland, OR
    Current Employee - Mortgage Loan Officer in Portland, OR
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time (Less than a year)

    Pros

    Benefits are pretty good. Nice people to work with at my location.

    Cons

    Wells Fargo does not pay Loan officer holiday or sick pay. You can take it but it comes out of your draw, so really not paid time off whatsoever. Recommend if you are new to banking.

    Advice to Management

    Treat loan offices equally.


  5. Helpful (1)

    "Avoid at all costs"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Officer in San Francisco, CA
    Current Employee - Officer in San Francisco, CA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Wells Fargo full-time (More than 8 years)

    Pros

    Great medical benefits and 401K plan

    Cons

    Career advancement
    Low salary compared to peer companies
    Low team member (employee) morale
    No meritocracy
    Job stability
    Political

    Advice to Management

    Fire the Board and all the legacy members of the Executive Committee. Until you do, the regulators will never stop pursuing Wells Fargo. And all your team member's jobs are in jeopardy.


  6. "Good Role But Was Acquired"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Development Officer in Denver, CO
    Former Employee - Business Development Officer in Denver, CO
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Wells Fargo full-time (More than 3 years)

    Pros

    Freedom and Flexibility of work day
    Work strategically with multiple business lines
    Great boss who lived out of state and didn't micro manage

    Cons

    Goals sometimes felt unrealistic


  7. "Senior MLO Loan Services"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Self Employed Senior Mortgage Loan Officer and Broker of Record for Citywide Funding in Encino, CA
    Current Employee - Self Employed Senior Mortgage Loan Officer and Broker of Record for Citywide Funding in Encino, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Wells Fargo full-time (More than 8 years)

    Pros

    The company has varied Senior Level jobs for loans or other related services.
    Stable company, and will be easy to apply my skills and extensive experience.

    Cons

    Company has issues and problems

    Advice to Management

    None

  8. Helpful (1)

    "Bad management, countless meeting"

    StarStarStarStarStar
    • Work/Life Balance
    • Comp & Benefits
    Former Employee - Loan Officer in Diamond Bar, CA
    Former Employee - Loan Officer in Diamond Bar, CA
    Doesn't Recommend
    Disapproves of CEO

    I worked at Wells Fargo full-time (More than 3 years)

    Pros

    Benefits and holidays with pay

    Cons

    Endless emails & meetings. Terrible management


  9. "Security officer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Security Officer in Little Canada, MN
    Current Employee - Security Officer in Little Canada, MN
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Wells Fargo full-time (More than 10 years)

    Pros

    The best ever and worker friendly

    Cons

    I haven't seen or experience the bad side yet

    Advice to Management

    Still to experience their services


  10. "Great training but had a target on my back"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Loan Officer in Tempe, AZ
    Former Employee - Loan Officer in Tempe, AZ
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time (More than a year)

    Pros

    Great place to learn mortgage loan officer job skills

    Cons

    not Enough business coming in

    Advice to Management

    Trust employees, even pregnant ones