Sector leader but always under cost-cutting pressure - Vice President Santander Employee Review

3.0
15 July 2016
Recommend
CEO approval
Business outlook

Pros

- Market leader - Access to key corporate clients - Good environment depending on the team - Best practices in the country

Cons

- Uses its "global player" label to justify lower salaries than local players - There is an inverted pyramid in terms of hierarchy which means that there is a populated layer of older managers and thus a very conservative attitude towards new initiatives - Old systems and tools - Worst located office among all banks in Santiago

Explore other reviews about Santander

5.0
5 Mar 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Bonus based on performance. The company always put on events for the employees. Great work environment

Cons

Work long days. And sometimes weekends. Not much room for growth

4.0
4 June 2026
Recommend
CEO approval
Business outlook

Pros

Of all the companies I have worked for, Santander has had the strongest training program. The training was comprehensive, well-structured, and especially valuable for employees who are new to the banking industry. Additionally, Santander's ONE software is by far the most intuitive and user friendly banking platform I have used, making it easy to learn and navigate while supporting efficient daily operations.

Cons

Like most retail banking roles, there is a strong sales component. With fewer customers visiting branches due to online banking and ATMs, much of the day is spent making outbound calls to existing clients, trying to set appointments, and push products and services. While I understand the importance of sales in the industry, I personally felt there was significant pressure to prioritize sales goals over relationship building and client service, which I was not comfortable with.

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