Toxic Management - Fintech Manager Piermont Bank Employee Review

1.0
8 Nov 2023
Recommend
CEO approval
Business outlook

Pros

Really nice office location. Great views over bryant park

Cons

Working at Piermont Bank was challenging due to ongoing issues that affected employee satisfaction. The high turnover rate, inconsistent management practices, unprofessional behavior, and micromanagement created a difficult work environment. The company's high turnover rate resulted in instability and hindered team cohesion. Inconsistent management practices, particularly in policies such as remote work and vacation allowances, caused confusion and unequal treatment among employees. Unprofessional behavior, including gossiping and discussing employees behind their backs, damaged trust and morale. Micromanagement stifled autonomy and hindered progress.

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Piermont Bank Response
2y
Thank you for taking the time to write about your time at Piermont Bank. I'm sorry to hear that you're not enjoying your time as an employee of Piermont Bank. As a current employee, you have direct access to the HR team and Exec Team to voice your concerns if you'd truly like them to be remedied and I urge you to do so. The FinTech Team that you note being a part of has not had a lot of turnover at all, we've added two remote team members this year and all other members have been with us for at least a year with one recently hitting the two year anniversary. The remote work policy, allows for all employees to work remotely on Thursday and Friday unless there is a business need that requires you to be onsite. The vacation allowances is a standard program and is outlined the the Employee Handbook and PTO policy, if you believe you have less PTO than you should please speak to your Manager or HR. In regard to the unprofessional behavior, I can't speak to that as I do not know who or what specifically you're referring to. Always happy to listen to our Employees but they do have to speak up to be heard.

Explore other reviews about Piermont Bank

5.0
25 June 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I’ve really enjoyed my experience so far. The team is supportive and approachable, and there’s a strong sense of collaboration across the organization. Leadership is engaged and encourages growth, which has made it a great environment to learn, take on new challenges, and share ideas. There’s also a genuine focus on continuous improvement, which makes the work feel meaningful.

Cons

The snack stash disappears faster than expected, so I definitely have to grab something early!

4.0
21 Apr 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

*Collaborative and mission‑driven culture with smart, dedicated colleagues. *Senior leadership is approachable and genuinely invested in building the bank. *Opportunity to wear multiple hats and gain exposure across functions Fast growth creates room for learning and career development.

Cons

*Rapid growth sometimes leads to shifting priorities and unclear processes. *Systems and infrastructure are still catching up to the bank’s ambitions but will get there. *Can feel resource‑constrained at times, requiring flexibility and patience

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