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Sovereign Bank Work Values

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Daily Duties at Sovereign Bank:

Developed efficiency metrics and operating standards for the Indirect Auto credit underwriting staff, resulting in significant decreases in the cost per application. Implemented new processes across six regional locations. Recommended process improvements to banks’ Retail Credit Policy Committee that resulted in enhanced credit quality and increased yields of new loan vintages. Reduced policy exceptions (60%) and improved credit quality by creating and implementing strategies to manage “credit risk points” on a daily basis. Strengthened customer relationships and brand loyalty by providing top quality service with extended service hours and associate availability without increase in costs to the bank. Created a strategy that improved internal cross-functional relationships with banks’ audit, compliance, legal, and risk teams allowing for positive interactive feedback and consensus, facilitating the consolidation and updating of bank Policy and Procedure manuals. Resulted in improved credit quality and consistent buying practices.


What they like about Sovereign Bank:

Organizations with strong, centralized leadership are particularly attractive to you. You require a work environment with leadership that aggressively seeks to expand and grow the business and does so in a visible and decisive manner. In general you prefer to work in an environment in which there is a strong link between leadership, its actions, and a strong set of company-wide values.



Information about Sovereign Bank


Company Rank: Not Available

Average length of employment : 1 year

Average salary of employees: $150,000

These are some of the questions we asked our climbers about their experiences with Sovereign Bank:

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Were your performance expectations clearly communicated?

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Were you recognized for meeting or exceeding expectations?

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Did you feel like your personal contribution was important?

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Was your career path clearly outlined and discussed?

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I would recommend this as a place of employment.
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I believe in the purpose of this organization.
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I would work for this organization again.
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I feel employees are fairly compensated.
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Climbers who worked at Sovereign Bank had these interests:

Magazines
Boston Business Journal read local business journal to keep up to date
Websites
Wallstreet Journal

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CNN

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