Concora Credit reviews

3.0

45% would recommend to a friend

(202 total reviews)

Bruce Weinstein

66% approve of CEO

57% positive business outlook

Concora Credit has an employee rating of 3.0 out of 5 stars, based on 202 company reviews on Glassdoor which indicates that most employees have an average working experience there. The Concora Credit employee rating is in line with the average (within 1 standard deviation) for employers within the Financial Services industry (3.7 stars).

Reviews by job title

202 reviews
4.0
Oct 21, 2015
Recommend
CEO approval
Business Outlook

Pros

I worked in IT for Genesis; I started as a contractor and then converted to full time. Every single person I met at Genesis was kind and helpful, from the front desk to fellow IT people, from HR to the CEO himself. I learned a lot at Genesis due to the demands of complexity and security in finance and had excellent support from my immediate manager and senior co-workers. I gained a lot of very valuable experience. Midway through my time there they hired back an excellent CTO with great leadership skills, which turned the IT department around in a big way. My primary reason for leaving was that I needed to work somewhere closer, not because Genesis treated me poorly in any way.

Cons

There are two main downsides to Genesis in my view. First, the nature of the industry. There are no two ways about it, they do credit and loans, particularly retail cards like at furniture stores or jewelers. Because of this, a large part of the business involves collections, and the end goal of the company is to both loan and collect more money. I didn't find any of Genesis' practices predatory in any direct way, and they emphasize integrity in their corporate culture, but at the end of the day, you are working for a company in the secondary market credit industry. I did not enjoy this and had a hard time rationalizing my involvement in it. Secondly, you are working with massive amounts of legacy code and legacy technologies. Financial data is vast, complicated, and must be secure at all times, so it makes sense that tech must move slowly, but it can be less than exciting when opportunities abound in this city to work with bleeding edge tech. We tried to implement new tech where we could (mostly when a new feature or program needed to be added), but the sheer volume of work on the legacy code means you are spending most of your time in older systems.

3.0
Sep 8, 2015

Solidly Average Financial Services Company

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The company has pretty good benefits (health/dental/vision), and many are able to work a fairly flexible schedule. Business is growing at a solid pace, so things are ever-changing allowing many to learn new skills and be exposed to duties outside of their normal realm of responsibility.

Cons

The executive and senior management groups seem rather cut-off and out of touch. The Operations department is given incredibly high goals with an annually cut budget. Just like any other office setting, politics play a big role, and many members of management favor those one might describe as "yes men".

Viewing 184 - 186 of 202 Reviews

Glassdoor has 212 Concora Credit reviews submitted anonymously by Concora Credit employees. Read employee reviews and ratings on Glassdoor to decide if Concora Credit is right for you.