Redwood Trust Reviews

3.7

61% would recommend to a friend

(80 total reviews)
avatar

Christopher Abate

65% approve of CEO

50% positive business outlook

Redwood Trust has an employee rating of 3.7 out of 5 stars, based on 80 company reviews on Glassdoor which indicates that most employees have a good working experience there. The Redwood Trust 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

80 reviews
1.0
12 Oct 2015

Cheesy Company to Work For

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Cheap vending machine. Convenient location. Occasional free cookies, cupcakes or lunch.

Cons

Look, in this type of environment, we are in a sellers market, you have skills, and businesses want them. This company talks a good game, but it doesn’t deliver. The benefits are subpar compared to other employers. Expect to pay for insurance about what you might pay as a direct consumer, with perhaps a generous 20% discount. 401(k) matching and vesting options are written in a way to reward longevity, but longevity can’t be achieved without career mobility or educational advancement. Go to an interview and ask how long your interviewing boss has been there. They have an office in California where they are hiring no one new and there's no career advancement, so they aren't rewarding longevity anywhere. There is no tuition reimbursement, no expense paid for any continuing education for that matter. But to be fair, their technology is antiquated, so the training probably obtained in 2003 is still appropriate. They do have a generous stock purchase plan, which gives you a discount based on the prior quarter price, which would be an obvious money maker if the stock wasn’t down 19.10% for the year, which is worse than many of their unleveraged peers. Financial services organizations traditionally showcase their cutting edge technology to woo customers, seeing their portfolio of offerings would concern me as an employee working for a financial services organization, and there doesn’t seem to be much vision to improve. They will speak about how they were the smartest guys in the room, avoiding the 2008 meltdown, but ask them how they did it. (Avoiding certain assets), and ask them what their strategy is now (now buying those exact assets). Bright or lucky, I’m guessing the latter. Good ol' boys club where managers laugh about flipping each other off, truly unprofessional. You probably won't fit in if you have a family, medical issues, or perhaps just work to live. Work-life balance is a joke. A weekend or so of work a month, quickly becomes every other weekend, late nights, early mornings. Despite this, they are heavily proponents of presenteeism, where they expect your butt to be in a seat M-F 8-5 as well. This is 2015, most companies should be employing you for your skills, not your ability to warm a seat. With so many financial organizations in Denver, and so many of them expanding their hiring, don’t waste your time on this one.

1.0
8 July 2016

Not the place it used to be

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

*Local operations*Good reputation within investor circles IF not fading at this point*Not much else now unfortunately*

Cons

*Bosses instead of leaders*cliquish environment tolerated*no innovation*dead,outdated operational/business ideas*retaliatory management*no room for growth*no privacy with HR*Site Director and what's left of the executives, are completely clueless to employee concerns*no shared mission among staff & management*Operations management combative instead of cohesive with staff*

1.0
20 June 2024

Run from this company

Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Competitive compensation, generous benefits. There are some good people - Unfortunately, they are the minority.

Cons

Worst executive leadership I've ever encountered. Environment that rewards bad behavior. Gross favoritism - you have to be part of "the fam" to go anywhere. Lack of ethics in decision making is pervasive. In my time here, the only thing I have learned is how not to treat people.

Viewing 1 - 3 of 80 Reviews

Glassdoor has 84 Redwood Trust reviews submitted anonymously by Redwood Trust employees. Read employee reviews and ratings on Glassdoor to decide if Redwood Trust is right for you.