EBRD

www.ebrd.com
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EBRD Reviews

Updated 4 March, 2015
Updated 4 March, 2015
47 Reviews
3.3
47 Reviews
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Recommend to a friend
Approve of CEO
EBRD President Suma Chakrabarti
Suma Chakrabarti
13 Ratings

Employee Reviews

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  1.  

    Great exposure over countries of operations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at EBRD full-time (more than a year)

    Pros

    * depending on the sector teams - but great deal flow
    * senior bankers who know their stuff
    * work life balance

    Cons

    * too few juniors vs. senior staff
    * HR is terrible and never on your side
    * no job security if you are in a short-term contract (they keep rolling them)

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Analyst

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

    I have been working at EBRD full-time (more than a year)

    Pros

    Good work-life balance, international culture, friendly employees

    Cons

    large high small bottom up structure limit career opportunities for analysts and junior bankers

    Recommends
    Neutral Outlook
  3.  

    It was Ok for a while

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

    I worked at EBRD

    Pros

    London-based, benefits, people, mandate, making some difference

    Cons

    decision-making (or lack of), buraucracy, outdated IT infrastructure

    Advice to ManagementAdvice

    Take a quality leap into 21st century

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
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  5.  

    Over 5 years working at EBRD

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

    I have been working at EBRD

    Pros

    - talented international open-minded staff
    - travel
    - reasonable social security package

    Cons

    -bureaucracy
    - staff with same background lands different contracts

    Recommends
    Positive Outlook
    Approves of CEO
  6.  

    Lots of good things going for the organisation, but looks better on paper than it is in practice

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at EBRD full-time (less than a year)

    Pros

    - Smart colleagues from all over the world
    - Friendly work environment
    - Good compensation and benefits packages

    Cons

    - Highly bureaucratic, office politics at the senior level
    - Silos and some rivalry between different departments
    - Large differential between perks for those on permanent contracts and others

  7.  

    Good institution undergoing through the process of sometimes meaningless change.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Banker in London, England (UK)
    Current Employee - Senior Banker in London, England (UK)

    I have been working at EBRD full-time (more than 8 years)

    Pros

    Excellent project finance experience. Good international experience. Professional and friendly staff.

    Cons

    "Glass ceiling" exists for progression to management positions to the nationals from the Countries of Operations. In addition subjective negative perception of some senior managers adds additional obstacles to career progression of otherwise qualified staff.

    Advice to ManagementAdvice

    Be more proactive defending the Bank's mandate and values to the shareholders. Be more fare to staff.

    Recommends
    Negative Outlook
    Disapproves of CEO
  8.  

    Very pleased to work here

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

    I have been working at EBRD full-time (less than a year)

    Pros

    Intelligent work staff, strong benefits and sense of job security. Multi cultural environment.

    Cons

    Opportunities for advancement limited sdue to low staff turnover. Very bureacratic.

    Recommends
    Positive Outlook
    Approves of CEO
  9. 3 people found this helpful  

    FI Department - B category of managers who are afraid to be outshined

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at EBRD full-time (more than 5 years)

    Pros

    Job security - nobody ever gets fired (even if they suck consistently)

    Cons

    As my friend (who left after a year to join Citi) put it - "I have never felt more exploited than here". Basically the business model is as follows: hire mostly C category of profesionals (from fear to be outshined); and a limited number of bright young things who are first used/exploited (without developing them or giving them appropriate rewards) and then get rid of them... Longest contract you can get these days is 3 years, with 6-12 months contracts being more usual, with no guarantee of extension. The worst part - you'll be working for senior people most of whom (with a few exeptions) are not particulary smart but know how the system works and secretive not to develop young people who can outshine them (eg. you won't get direct assess to clients, won't be copied on important emails etc), uninspiring, non-charasmatic and frankly would not have made it to the current levels in the "real world". Politics/favouritism etc are even worse than in private sector despite having less to share. My advise - if you have an offer from FI, stay away from this swamp...

    Advice to ManagementAdvice

    New charasmatic CEO is trying to modernise this hydra but it's not an easy job, particularly if you have outdated/ unmovable mid-management which you can not get rid of. My advise would be give more opportunities to talented young people who are currently repressed, pick them up from under their unispiring managers, develop them as management reserve using modern management/coaching techniques for a modern transperant business culture.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  10.  

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst in London, England (UK)
    Former Employee - Analyst in London, England (UK)

    I worked at EBRD full-time (less than a year)

    Pros

    Good work-life balance, a lot of traveling involved

    Cons

    Beaurocratic, sometimes slow paced, have to be ready to move to different countries to advance

    Recommends
    Neutral Outlook
    Approves of CEO

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