ORIX USA Reviews

7 Reviews
3.7
7 Reviews
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Jean-Michel (Mitch) Wasterlain
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Employee Reviews

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  1. 1 person found this helpful  

    A challanging, demanding but rewarding work enviroment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Dallas, TX (US)
    Current Employee - Anonymous Employee in Dallas, TX (US)

    I have been working at ORIX USA

    Pros

    every evolving business model - always learning somthing new. Pay is incentive based and reward results vs seniority or hours

    Cons

    cross department communication can be weak to non existant

    Advice to ManagementAdvice

    employee meetings or periodic walk arounds would help foster a feeling of 2 way communications

    Recommends
    Approves of CEO
  2.  

    good as it gets outside of NY

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Vice President  in  Dallas, TX (US)
    Current Employee - Vice President in Dallas, TX (US)

    I have been working at ORIX USA

    Pros

    good company
    survived the crisis
    very involved in the community
    they ask good questions and expect you to do the same

    Cons

    gets pretty intense sometimes
    they change business strategies
    senior management seems remote

    Advice to ManagementAdvice

    dallas is a small operation
    need more interaction at all levels

    Recommends
    Approves of CEO
  3.  

    solid place to work
    good corporate citizen

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Dallas, TX (US)
    Former Employee - Anonymous Employee in Dallas, TX (US)

    I worked at ORIX USA

    Pros

    my boss was smart and disciplined.
    CEO was more of a high level player, but decent guy
    if you can make money for them, you get paid very well

    Cons

    their business mix changes with market conditions
    this causes some uncertainty among the lower level employees

    Advice to ManagementAdvice

    none

    Recommends
    Approves of CEO
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  5.  

    Okay Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Analyst  in  Dallas, TX (US)
    Former Employee - Analyst in Dallas, TX (US)

    I worked at ORIX USA

    Pros

    met very good co-workers
    have decent health and 401K benefits
    young and vibrant employees
    if you like financial services, there are a lot of different choices in that area

    Cons

    too much face time required
    difficult to achieve promotion
    lack of training
    boys' club
    terrible offices
    rarely gave perks like free food or drink

    Advice to ManagementAdvice

    Jim doesn't make himself known to employees. He should act more like a leader. Good reviews don't necessarily translate into promotions/raises. Management can be somewhat egotistical and oblivious to the reality of employees' lives.

    Disapproves of CEO
  6.  

    Great Place to work
    a place with a real emphasis on making a contribution to the community

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Investment Professional  in  Dallas, TX (US)
    Former Employee - Investment Professional in Dallas, TX (US)

    I worked at ORIX USA

    Pros

    long term management
    knew how to survive the crisis and make money
    always willing to abandown non-productive sectors and find new ones
    If you make money for them, they pay you.

    Cons

    The dislike it when deal people make bad choices.
    They imagine themselves critical thinkers and expect others to be.

    Advice to ManagementAdvice

    charitable initiatives are superb
    senior guys need to get involved more.

    Recommends
    Approves of CEO
  7. 2 people found this helpful  

    Not a bad place to work, but not a place you would spend more than 3 years at before moving on to greener pastures.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Dallas, TX (US)
    Former Employee - Anonymous Employee in Dallas, TX (US)

    I worked at ORIX USA

    Pros

    ORIX benefits are decent compared to many alternatives.
    Most of the people I worked with were highly motivated, intelligent and were great to learn from.

    Cons

    After working at ORIX USA for just a modest amount of time (1 bonus cycle) , you realize that the entire place is run for the benefit of just a handful of senior executives (even despite being majority owned by the Japanese). The senior executives are more concerned with traveling on their private jets than managing risk. They also had no problem laying all the blame (losses) off on underlings, despite being primarily responsible for the investment decisions made at the firm. At the end of the day, many of the most competent individuals lost their jobs, so that the incompetent senior executives could keep their own.

    Advice to ManagementAdvice

    The Japanese need to get rid of just about every executive left at the firm. Among the ones left, it has become an old boys club that will add no long-term value to the organization, but will succeed in lining their own pockets and continuing to support their extravagant lifestyles.

    Disapproves of CEO
  8.  

    Good place to grow, with nice folks and a balanced work/family life

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

    I worked at ORIX USA

    Pros

    Including bonuses, compensation is excellent if you are a high achiever. ORIX is generally good with hours, vacation time, and maternity leave. Frequent acquisitions keep things interesting and usually move ORIX up into higher classes in terms of of pay, perks, and benefits. Some A players, and a lot of nice folks.

    Cons

    Without bonuses, salaries are sub-par. Bonuses are essentially deferred compensation that you end up working all year to receive, and forfeit if you leave. Corporate identity is fragmented, usually dominated by the most recent acquisition. The emphasis on the bottom-line sometimes results in a decline in quality, perks, and team-building activities. Somehow, despite its better-than-average compensation, ORIX seems cheap. It's a good place to grow until you hit a ceiling, since there is generally low turnover in upper management.

    Advice to ManagementAdvice

    Modify the "bottom line" approach to emphasize excellence and teamwork. Encourage high performers with more than just an annual cash bonus.

    Recommends
    No opinion of CEO

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