Al Rayan Bank Reviews

3.2

55% would recommend to a friend

(65 total reviews)
avatar

Giles Cunningham

49% approve of CEO

50% positive business outlook

Al Rayan Bank has an employee rating of 3.2 out of 5 stars, based on 65 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Al Rayan Bank employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

Reviews by job title

65 reviews
1.0
30 Oct 2021
Recommend
CEO approval
Business outlook

Pros

The comedy, somedays you feel like you are getting a free gig. It is hilarious to see what some people say and do just to act like they know what they are doing. The term ‘winging it’ would be the best way to describe the management. After working here you realise just how good people in professional environment are.

Cons

Fear culture, this Bank has a toxic environment that is run on fear culture. Managers and Exec will overpromise the Board due to their inexperience and this results in staff being bullied in order to achieve these results. I was asked to work late on multiple occasions just to complete last minute request. On many occasions i had to cancel evenings with my gf. False sense of flexible working, the moment you request flexibility you get a cold response. The only people who have any flexibility are those ‘chosen ones’ Executives and Managers send emails after midnight and on weekends and because they are working they expect you to be working. Worst of all if you are sent an email on a Sunday and do not respond as per your contract you are chased for a response written in a passive aggressive manner by 9am on Monday morning. Is this flexible working? Although there are some nice people there are also those who have been there a while and the consider themselves to be the ‘elite’ and ‘untouchable’ some of the things i heard come out of peoples mouths were comical, yet listen to them long enough and sure enough they moan about all of the issues but they will not do anything about it as they currently have an easy ride. This group of people also look down on others who are not like them in terms of culture or beliefs. Staff turnover is exceptionally high, do not believe the false information about growth. If this was the case why did all of the Branches close? There was also redundancies in 2019, it is interesting to note that non of the people made redundant were muslim? Is this really an ethical Bank? There is a real Indian vs Pakistani complex at this Bank and this was evident in the redundancies at the time. (Those made redundant were all Indian or white and all non muslim) A simple search shows the same jobs advertised again and again, if the growth stories were true they would be one of the biggest employers. There is no stability, people who join see the cracks and leave before its too late. I should have left sooner had i not been saving up for my wedding. The majority of the positive reviews are left at the request of HR. This means active members of staff will leave positive reviews to ensure that they do not paint targets on their backs. Read any positive reviews with an open mind.

1.0
23 Feb 2021
Recommend
CEO approval
Business outlook

Pros

Some of the people you meet are really nice.

Cons

This place has really poor culture towards females and working parents. Even during covid, flexible working isn’t something they think is important. The ceo hasn’t even done a townhall or communication on the banks performance since he joined last april. There is no control over the executive team which are all male. The executive team have mostly been promoted from Head of roles and have no experience so they make you work to ridiculous deadlines for a piece of work, then they ask you to make loads of changes, then they take months to make a decision because they don’t want to take responsibility for anything and they can never agree with each other. So you end working stupid hours everyday all for something that doesn’t happen until sometimes months later and if it goes wrong you will be blamed. They argue with each other in emails. You can be talked down to as a female and shouted at in meetings by an executive or heads of but nobody says anything. There are so few staff doing the work but so many head of roles for a small bank and all of them are men but two. The HR department are constantly busy with grievances and good people are leaving all the time but HR can’t sort it because they and not really part of the executive team so nobody wants to listen to them. Performance reviews and a waste of time because everyone wants an exceed just for bonus but it doesn’t matter how hard you work, if you’re executive doesn’t “see” it then you’re not an exceed. You expected to do extra work with no extra staffing all the time but your salary never shows this. This really isn’t a nice place to work if you’re looking for good culture in your next job.

1.0
9 Aug 2019

Stay away!

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

The team I worked with are amazing, very genuine people. It is a shame they are unfortunately trapped in this horrible organisation.

Cons

Where do I even start? The basic policies and procedures which should exist in any bank, is non-existent in this bank. Basic procedures are carried out with opinion, rather than following a set of guidelines. Conduct risk is not important to this bank at all as they keep their customers waiting and waiting for a basic service such as a fixed term deposit to be renewed. The upper management are too big headed to listen to the front-line staff members. Favouritism is a popular method of being promoted, otherwise you have no chance of getting anywhere, even something standard like a yearly pay increase. Think you’re going to get a pay rise in this company? Think again. The HR is also non-existent as they do not respond to any emails, no support or empathy whatsoever, again just another bunch of people who only care about making themselves look good. The bank lacks basic direction since the CEO left the company. Everyone is running around like headless chickens making an excel spreadsheet for every single thing, with no substance behind it. This is not how a bank should be run. The credit team lack basic knowledge about the target market, making it difficult to manage customer expectations. The KYC team also lack direction and fluent understanding, making it impossible to manage clients’ needs. I joined this bank with high expectations and it unfortunately fell flat. The principles and morals of this company are out of the window. Don’t say I didn’t warn you.

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Glassdoor has 71 Al Rayan Bank reviews submitted anonymously by Al Rayan Bank employees. Read employee reviews and ratings on Glassdoor to decide if Al Rayan Bank is right for you.