One of the worst bank with highest turnover and reverse discrimination - Anonymous employee Bank Of Hope Employee Review

1.0
Aug 7, 2023
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Health insurance is superior to others

Cons

100% turnover since I have worked there. The whole dept in the range of 30 to 40 employees got wiped out/eliminated due to the Upper Management's wrongdoing. They are the one who approved loan productions with the bank's policy. Blamed game was easy for them. It was easy to get rid of employees who have families to feed. Many of them are still not unemployed. Heartless, cold-hearted. They hired 3rd tier upper management (Paid lucrative salary (50% increase) and given preferential privilege to work at home). If your ethnicity is Korean, they will discriminate you by low-balling as the bottom feeder. They hire the whites for upper management so that it looks good for the public. Used to be 100% Korean for upper management , but it is now dominated by the Whites. Very old fashioned if you are stuck with dept. that only does certain loans. PMs does not have capacity to initiate the loan due to their lack of knowledge on certain industries. Unexperienced PM's write-up correction does not make any sense due to language barrier, but need to show authority to juniors; make corrections on write-up that does not make sense to the natives.

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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