Pros
Basic benefits with a hybrid work model. Upper management really loves promoting from within, so it’s great to grow from an intern/analyst and up, especially if you want to work in multifamily and senior healthcare real estate lending (Agency, HUD, SBL). Depending on the team, hours can be very relaxed.
Cons
If I can erase this experience from my memory, I would. Actually, maybe I wouldn’t, so I can make sure I don’t make the same mistakes that my manager and upper management made.
Base salary is way lower than competitors, and the way the comp structure is set up is supposed to be more appealing, but in reality, even with bonus, is much lower than market.
They push for DEI, but let’s be real. They partner with groups to hire a handful of POC and those who are underprivileged which is great, but the rest of the analyst pool is those who vacation in the Hamptons every weekend in the summer. Plus, look at upper management - not a single person of color. It’s for show.
The rotational program is a mess in itself. It’s not really helpful for the analysts, nor for the rest of the team. The program is too short and rushed.
Unless you’re one of upper management’s favorites, you have no voice. HR won’t support you either, so you end up feeling helpless if you have anything you want to talk about. Before I left, my other coworkers on my team were so unhappy that we were all looking for jobs elsewhere, but we had no outlet to discuss our dissatisfaction. Going to HR led to nowhere, and going to the wrong other upper management person backfired.
I would not recommend this company for so many reasons, some that aren’t even listed here, but a big reason is that deal flow is not flowing strongly, which means the strain is felt on every team. Not the best environment when there aren’t enough deals and c-suite is unhappy.