Washington Mutual

  www.wamu.com
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Washington Mutual Reviews

Updated Jul 22, 2014

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All Employees Current Employees Only

3.1 343 reviews

39% Approve of the CEO

Washington Mutual Chairman & CEO JP Morgan Chase James Dimon

James Dimon

(33 ratings)

44% of employees recommend this company to a friend

Review Highlights

Pros
  • Good work/life balance, employees treated fairly, good company values, nice culture (in 39 reviews)

  • They offered great benefits and good supports for the families of employees (in 14 reviews)


Cons
  • Senior management was a mixed bag; lack of accountability at the highest levels (in 35 reviews)

  • Too many changes in upper management that disrupted the lower ranks - on a regular basis (in 15 reviews)

More Highlights
343 Employee Reviews
Relevance Date Rating
in
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Great company to work for.

    First Vice President (Former Employee) Seattle, WA (US)

    ProsExcellent attention to employees and customers.

    ConsUnable to manage their business risks.

    Advice to Senior ManagementDon't come back.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great branch structure

    Personal Financial Representative (Former Employee) Brooklyn, NY (US)

    ProsIncentive is great in company

    ConsLow starting base salary. Could be higher

    Advice to Senior ManagementChase.....

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Culturally, one of the better ones

    Manager (Former Employee) Seattle, WA (US)

    ProsOpportunities, culture, people. Major bank that was expanding rapidly and creating many job opportunities.

    ConsToo many changes in upper management that disrupted the lower ranks - on a regular basis.

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

  1. We want your feedback – Are these company reviews helpful to you?  Yes | No
    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Branch Loan Officer

    Loan Officer (Former Employee) New York, NY (US)

    ProsThe company provided access to current mortgage holders

    ConsThe Company didn't offer products for the areas in which the branches were located

    Advice to Senior ManagementHave better products

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Crazy but fun

    Senior Technology Manager (Former Employee) Seattle, WA (US)

    ProsLots of room to learn, plenty of opportunity. Lots of collaboration and the chance to work on completely new projects. I really enjoyed my time there, and learned a TON. Plenty of opportunity to work with senior management closely, if you were working on strategically aligned projects.

    ConsAbsolutely crazy as everything crashed... no work/life balance, disregard for long term business reality in pursuit of short term immediate financial gain.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

     

    Great career development opportunity

    Anonymous Employee (Former Employee)

    ProsGreat development opportunities
    Meaningful work
    Fun environment
    Competitive benefits, perqs and pay

    ConsToo heavily focused on mortgage business
    Very sales centric - not balanced with risk management
    Many long-term employees were complacent and rode the wave up

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Great salary but dishonest management and bad loans = disaster

    Senior Loan Underwriter (Former Employee) Clark, NJ (US)

    Prosgreat salary and benefits...easy work flow if your organized

    Consmanagement was more concerned with meeting quotas

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    RETAIL banking. -- "Sell Sell Sell!"

    Operations Supervisor (Former Employee) Plano, TX (US)

    ProsIf you want to, there was room to move up from the bottom.

    ConsBut the ceiling wasn't very far from the ground when it came to advancement.
    The biggest disappointment, was seeing the change from being a banker and assisting people in their financial needs. Giving them clarity on what opportunities they had to make the best of their money. Counseling customers on how to manage funds. -- To trying to convince every single customer to open more and more accounts. Far more than they needed. Over and Over.

    Advice to Senior ManagementNo banker needs to be pushy. Lay-off. It's a burden on the customer to be treated like an asset.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    crazy fun times at work

    Anonymous Employee (Current Employee)

    Prosgot to wear a suit

    Consgot to wear a suit all the time

    No, I would not recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Nice place but too much politics

    Fraud Investigator (Former Employee) Stockton, CA (US)

    ProsBenefits are great and they promote education

    ConsPolitics don't belong in fraud area

    Advice to Senior ManagementMicro management works in Customer Service not in Fraud

    Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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