Banco Itaú Reviews

Updated 12 September, 2014
Updated 12 September, 2014
68 Reviews
3.5
68 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Banco Itaú Vice Chairman, President, and CEO Roberto Egydio Setubal
Roberto Egydio Setubal
31 Ratings

Review Highlights

Pros
  • good work-life balance, good well recognized name (in 3 reviews)

  • The salaries are good in comparison with other companies in the city, good benefits (in 4 reviews)


Cons
  • The main challenge is with top and some middle management, who seem too set in their ways and kinda tired (in 3 reviews)

  • Strongly subjective meritocracy; (in 4 reviews)

More Highlights

Employee Reviews

Sort: Popular Rating Date
  1.  

    Working at Itau

    Current Employee - Accountant  in  Miami, FL (US)
    Current Employee - Accountant in Miami, FL (US)

    I have been working at Banco Itaú full-time for more than a year

    Pros

    Good work ethic
    Flexible hours
    Good training programme

    Cons

    Speaking Portuguese is essential. Most of the communication is in that language

    Advice to ManagementAdvice

    Keep up the good job

  2.  

    Nice enviroment to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Systems Analyst Senior  in  São Paulo, São Paulo (Brazil)
    Current Employee - Systems Analyst Senior in São Paulo, São Paulo (Brazil)

    I have been working at Banco Itaú full-time for more than 3 years

    Pros

    flexible hours, benefits are ok

    Cons

    salaries and benefits should be raised

    Advice to ManagementAdvice

    I think that a more fair profits share nego

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    That was good, but I think they have to trainning harder the summer interns and the interns. Salary could be better.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Summer Internship  in  São Paulo, São Paulo (Brazil)
    Current Employee - Summer Internship in São Paulo, São Paulo (Brazil)

    I have been working at Banco Itaú as an intern for less than a year

    Pros

    Cool environment, benefits, beaultiful place to work, really they had a lot of art pieces, managers was always excited about your work progress.

    Cons

    Low salary, bonuses are not so good. The board was never thinking in promotes comunications between diferents divisions inside the bank

    Advice to ManagementAdvice

    Training to the staff, work-life balance. If you want that we stay, please pay us a little more and ask us a little more.

    Recommends
    Neutral Outlook
    Approves of CEO
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  5.  

    Very Good Company to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Director  in  São Paulo, São Paulo (Brazil)
    Former Employee - IT Director in São Paulo, São Paulo (Brazil)

    I worked at Banco Itaú full-time for more than a year

    Pros

    Good Oportunities to develop your work

    Cons

    Annual Evaluation unbiased. Must be improved or changed

    Advice to ManagementAdvice

    Review the Evaluation process

    Recommends
    Neutral Outlook
  6.  

    ESP SISTEMAS INFORMACOES II

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Head of Electronic Trading (Itau Asset Management)  in  São Paulo, São Paulo (Brazil)
    Current Employee - Head of Electronic Trading (Itau Asset Management) in São Paulo, São Paulo (Brazil)

    I have been working at Banco Itaú full-time for more than a year

    Pros

    High Performance environment with state of the art technology and fast pace projects.

    Cons

    Large company with high complex department interaction.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    IT Coordinator

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Coordinator  in  São Paulo, São Paulo (Brazil)
    Current Employee - IT Coordinator in São Paulo, São Paulo (Brazil)

    I have been working at Banco Itaú full-time for more than 5 years

    Pros

    people, company values, salary compatible with the market, good benefits, fair evaluation bases on performance

    Cons

    lack of balance of life for management roles, profit sharing program should be better

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    General manager

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Banco Itaú full-time

    Pros

    good work-life balance, good well recognized name

    Cons

    dificult to develop a career plan

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  9.  

    Good place to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Systems Coordinator  in  São Paulo, São Paulo (Brazil)
    Former Employee - Systems Coordinator in São Paulo, São Paulo (Brazil)

    I worked at Banco Itaú full-time for more than a year

    Pros

    Culture of merit and health programs

    Cons

    culture shock itau x unibanco

    Advice to ManagementAdvice

    Look to the long term

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Solid bank, management turnover a big problem, lock-step management culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Asset Management
    Former Employee - Asset Management

    I worked at Banco Itaú full-time for more than 3 years

    Pros

    Compensation, strength of distribution network in Brazil.

    Cons

    Management culture, high turnover, Brazilians are favoured over foreigners.

    Advice to ManagementAdvice

    Empower your people.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    Great Company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Systems Analyst  in  São Paulo, São Paulo (Brazil)
    Current Employee - Senior Systems Analyst in São Paulo, São Paulo (Brazil)

    I have been working at Banco Itaú full-time for more than 3 years

    Pros

    Good Benefits, Stability, Great people, Experienced Professionals

    Cons

    Too much hierarchical, a lot of political issues. Little space for innovation and career growing.

    Advice to ManagementAdvice

    Rethink the employee evaluation methods.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO

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