Wells Fargo Reviews in Santa Monica, CA | Glassdoor

Wells Fargo Santa Monica Reviews

Updated March 26, 2018
19 reviews

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Santa Monica, CA

3.8
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Wells Fargo CEO Timothy J. Sloan
Timothy J. Sloan
3 Ratings

19 Employee Reviews

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Pros
Cons
  • "Work/life balance can be non existent depending on your business line" (in 357 reviews)

  • "No "product sales goals" have been replaced by "branch growth"" (in 1253 reviews)

More Pros and Cons

  1. "Systems Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Business Systems Analyst in Santa Monica, CA
    Former Contractor - Business Systems Analyst in Santa Monica, CA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Wells Fargo as a contractor (More than a year)

    Pros

    Plenty of work with Microsoft, SQL, MS Dynamics CRM, IIS, and other systems applications. Wells Fargo provides plenty of training for all employees. The work environment was excellent for SQL Developers and SQL DBA's. Will re-hire good employees!

    Cons

    Need more IT openings in Los Angeles and Orange County with in-house training.

    Advice to Management

    Please hire more US Citizens.


  2. "Loan Originations Associate at Capital Finance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Santa Monica, CA
    Former Employee - Anonymous Employee in Santa Monica, CA
    Recommends
    Positive Outlook

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

    Pros

    Fun working atmosphere in a smart and fast pace group; challenged and rewarded by the work

    Cons

    Often bureaucratic processes that were tiring and cumbersome

    Advice to Management

    Don't take away the fun events that make the culture so great!

  3. "Relationship Manager and Operations Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Santa Monica, CA
    Current Employee - Vice President in Santa Monica, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great benefits, plentiful opportunities to change groups and locations

    Cons

    Political and bureaucratic; lack of salary negotiating power if remaining in the bank


  4. "WFCF"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Bankig in Santa Monica, CA
    Former Employee - Bankig in Santa Monica, CA
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Very Relaxed
    Very comfortable
    Good benefits
    Good Compensation

    Cons

    No room for growth
    management not interested in teams

    Advice to Management

    NA


  5. "Business Resources"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Process Specialist in Santa Monica, CA
    Current Employee - Business Process Specialist in Santa Monica, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Great company culture. A lot of community support events.

    Cons

    The pay is too low and executives are too conservative.

    Advice to Management

    Keep your employees happy. Engage in their lives more.


  6. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Business Process Analyst in Santa Monica, CA
    Former Contractor - Business Process Analyst in Santa Monica, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo as a contractor (Less than a year)

    Pros

    There some very smart people working at Wells Fargo. The company offer a really good work environment and perks.

    Cons

    The disconnect between application development team and Enterprise causes problems that impact the software development efforts.Additionally, specifically to the team I worked with, they didn't have good onboarding procedures.

    Advice to Management

    Create more meaning engagement between Enterprise IT team and product development team in the business units to minimize the impact to their software development efforts.


  7. "Accountant"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Consultant in Santa Monica, CA
    Former Employee - Financial Consultant in Santa Monica, CA
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo full-time (More than 8 years)

    Pros

    Very charitable, donates to many charities and matches employees donations. Very diverse workforce with various groups for women, lgbtq, Asian American, etc... Good work life balance, overall a fun place to work with great benefits.

    Cons

    Typical politics you see at most companies. Must be a part of the "in" crowd to be able to get promoted.

  8. "FAP - Capital Finance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Financial Analyst in Santa Monica, CA
    Current Employee - Financial Analyst in Santa Monica, CA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Reasonable hours, great work culture, great learning opportunities, great employee retention (probably due to high company morale).

    Cons

    Lateral movement seems difficult if you're interested in levfin, dcm, ibd, etc.

    Advice to Management

    Training is awesome, culture is great, it's a very enjoyable place to work at. Keep up the good work!


  9. "Contract Consultant at Wells Fargo Capital Finance"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Senior Technical Writer in Santa Monica, CA
    Former Contractor - Senior Technical Writer in Santa Monica, CA
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo as a contractor (More than a year)

    Pros

    There's a great team spirit in the particular group where I worked. As a consultant I normally expect to work in a cubicle. Instead I was given my own office (great for those times when you want to sneak a quick nap!) It's a laid-back place with a bottomless coffee maker and a giant TV always tuned to CNN or ESPN, where we'd all meet casually during the day. At any moment during the day I could hop downstairs to the supermarket across the street for a yogurt or a Starbucks or a banana. This particular branch is located in Santa Monica with a parking garage downstairs. I never felt as if I was working in a bank because there were no tellers. This particular branch did nothing but lend money. Some of the sums lent were staggering -- e.g. $1.8 billion(!), $50 million, and so on. You could make your own hours, come in when it was most convenient, leave whenever you wanted, so long as the total added up to 8 hours. And of course there are nothing but good things to be said about Santa Monica--the climate, the California lifestyle. Now that I've completed my contract I know I'll miss the place and the people.

    Cons

    In the time I was at Wells Fargo, I wrote 22 installation manuals totaling more than a thousand pages. My only complaint was that they did not invite me to participate in the programming sessions. Technically, it was not necessary for me to sit in on those sessions, but normally clients ask me to sit in on those sessions as a courtesy. That's what enables me to expand my knowledge of IT. It was a great assignment, they gave me excellent reviews, but the job did not lead anywhere.

    Advice to Management

    The "Cons" I just entered above can serve as advice for managing future consultants.


  10. "Personal Banker"

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

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

    Pros

    Fun environment depending on your branch. Competitive pay. Solid benefits. 18 days of PTO in your first year. Real good exposure to sales.

    Cons

    The most unethical retail bank in the USA. Poor management from higher up, branch managers just follow orders. They'll push you as hard as possible to sell but will hang you out to dry if you need their help. The only way to advance in the company is to be unethical, you can do it the right way but it will take you considerably longer time to do it.

    Advice to Management

    Promote quality, hire quality. Ease off the bankers, you need them more than they need you.


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