Wells Fargo Toronto Reviews

Updated May 28, 2020

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4.4
91%
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Wells Fargo CEO Charlie Scharf
Charlie Scharf
0 Rating
  1. "G"

    5.0
    Current Employee - Underwriter in Toronto, ON

    I have been working at Wells Fargo part-time

    Pros

    Best reason is the pay

    Cons

    Downside is the pay and hours

    Wells Fargo2020-03-13
  2. "More bad than good"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Transaction Coordinator in Toronto, ON
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Benefits, office looks nice, downtown Toronto

    Cons

    Bullying, favoritism, HR is a tool, hidden racism, gossip, incompetency, management that covers up employees mistakes, etc, favoritism

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    Wells Fargo2020-05-28
  3. "Very helpful working environment"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Insurance Associate in Mississauga, ON
    Recommends
    Neutral Outlook
    No opinion of CEO

    I worked at Wells Fargo for less than a year

    Pros

    Nice co-workers, nice working environment, flexible working hour

    Cons

    I don't have anything to complain

    Wells Fargo2020-02-03
  4. "Inventory Finance Underwriter"

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

    I have been working at Wells Fargo full-time for more than 3 years

    Pros

    Great culture, very supportive managers, career growth opportunities

    Cons

    Work life balance is tough sometimes

    Wells Fargo2019-12-22
  5. "Good bank to work for"

    4.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Account Manager in Mississauga, ON
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Wells Fargo for more than a year

    Pros

    growing presence in Canada with lots of opportunities

    Cons

    Lots of issues internally in U.S.A giving it a bad reputation even in Canada

    Wells Fargo2019-08-06
  6. "Great job"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Contractor - Investment Banking Associate in Toronto, ON

    I have been working at Wells Fargo

    Pros

    Great job opportunity. Lots of learning

    Cons

    No bad experiences, it was great.

    Wells Fargo2019-03-21
  7. Helpful (1)

    "Don't interview at WF"

    1.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Consultant in Toronto, ON
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    1) Pension contributions are matched by employer

    Cons

    1) unprofessional environment 2) poor culture 3) numerous issues with regulators 4) incompetent staff and management 5) ineffective or non existing governance

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    Wells Fargo2019-03-08
  8. "Limited Growth Opportunities in Operations"

    3.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Customer Care Representative/Operations Analyst/Operations Processor in Mississauga, ON
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    - Good work/life balance, you're able to work from home after one year of employment - Good benefits - Great culture - Amazing diversity, you get to work with a diverse group of smart individuals

    Cons

    - Limited growth opportunities, you basically would have to seek other companies if you want an advancement (varies by department) - Favouritism - Bullying from a different Department (Belittling One's work, causing loss of confidence) - Limited resources to perform day-to-day job functions. There wasn't a clear sense of direction on what the business was expecting

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    Wells Fargo2018-10-05
  9. "Excellent culture"

    5.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Credit Analyst in Toronto, ON
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very down to earth mentality from senior management; one of the few banking environments where career longevity seems like a positive. Strong balance sheet and risk appetite. Excellent credit knowledge.

    Cons

    Pay is lower compared to other banks; focus is heavily on lending products and retail. Capital markets division is something that needs to be improved. Internal "chat" function monitors your speech so if you swear, they chastise you. Not a great thing in a banking environment... Can seem less intense than other banks, which may be a negative to type A personalities. Not great employee training, but they are working to improve this (maybe I was spoiled at my last employer)

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    Wells Fargo2018-02-04
  10. Helpful (6)

    "An American company with American values"

    2.0
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
     in Toronto, ON
    Neutral Outlook
    No opinion of CEO

    I have been working at Wells Fargo

    Pros

    - job security - compassionate mid-level and upper-level management - pays up to 9% into an RRSP/NRSP (3% default, 6% matched) - good insurance package - free coffee - new offices in some locations - company appears to love diversity & equal opportunity - lots of competent, talented people

    Cons

    - catty Mean Girls/frat boy atmosphere depending on the team you're in - some silent acceptance of racist comments from certain individuals; company as a whole, however, does not espouse this kind of philosophy - unspoken pact among team members that you work over the allotted 7.5 hours/day (or else they will complain) - subtle encouragement to eat at your desk & work through lunch - many rude entry-level workers and self-serving middle managers - many cuts recently due to transition from GE to Wells Fargo - projects take forever to get executed because there will be 700 calls about them, which makes work very unrewarding sometimes - basically nonexistent work-life balance, expected to be at the office at all times unless you're in sales, in which case you're expected to be on the road at all times - double standard on policies about working from home - limited vacation windows; you'll never be able to take holiday during Christmas/New Year's or during any other end-of-quarter month - virtually no training. Learning is done almost entirely through trial and error - limited communication and harmonization between and among teams; one question will solicit 6 different answers from 6 different people - no sense from upper-mid-management about deadlines for projects and sideline administrative tasks; all work seems to come due end-of-year when everyone is already exhausted with normal work & holiday preparations. Work always ebbs and flows and is never constant; in the down periods you are expected to twiddle your thumbs & stare at your email inbox

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    Wells Fargo2017-12-21
Found 19 reviews