Underpaid, very asian hierarchical structure (pretty toxic), huge turnover. - Loan Officer Bank Of Hope Employee Review

2.0
May 14, 2020
Recommend
CEO approval
Business Outlook

Pros

Health insurance: it's great. That's pretty much it. Depending on your race: non-koreans get better treatment since management tend to not physically yell at them due to a culture barrier. I guess I'm learning a lot since there's a lack of official training and you're expected to learn and figure things out by yourself with zero guidance?

Cons

Too many... Because there's so much turnover, many people who've stayed at the company for years (toxic, bitter people who've been underpaid and mistreated for years) are in management positions. Thankfully, company is trying to expand beyond its korean culture and hiring more diverse (i.e., american) into upper management positions, but that effect hasn't really trickled down. Very asian system: historically traditional and hierachical. Senior people will always act like they're right without rationale. People at the company seem to dislike their jobs but won't leave. Lots of logistical issues since the company grew this size only due to numerous mergers and acquisitions, instead of a natural growth. Work/life balance highly dependent on manager/department. Same for toxicity level. Highly underpays employees. Raises are 1-3% but when based on an extremely low pay, means nothing.

Explore other reviews about Bank Of Hope

5.0
Jan 26, 2026
Recommend
CEO approval
Business Outlook

Pros

good insurance, good team vibe

Cons

nothing really, maybe a little lower pay than the market range

4.0
Mar 9, 2026
Recommend
CEO approval
Business Outlook

Pros

Intellectual Rigor: Working great talent creates a challenging and rewarding environment for data analytics and model validation. Strategic Impact: Leadership values data-driven insights, Collaboration: Strong sense of professional community and high standards of excellence across departments.

Cons

Pace: The demanding nature of the financial industry can lead to a heavy workload during reporting cycles or model audits. Complexity: Navigating the regulatory landscape requires constant adaptation, which may be taxing for those who prefer more routine environments.

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