All Give, No Take - EDD Investigator WaFd Bank Employee Review

2.0
Mar 29, 2021
Recommend
CEO approval
Business Outlook

Pros

My managers were pleasant to work with but often overstretched.

Cons

Recruiter claimed that senior management would look after their employees. This consisted of daily screaming sessions, forcing all employees to come in at 7:30 am for several months because a handful of employees had acted inappropriately, and a work atmosphere best described as hostile. No bonuses for back office staff over the past year, while front-line staff have received "record bonuses". Senior management belittle or ignore the concerns of team-facing managers. Shocking disparities in salaries between individuals in the same job role. Strong bias in favor of hiring individuals with a law enforcement background who lack basic Excel/Word skills or any knowledge of BSA/AML. Managers have to spend time they do not have to bring these individuals up to speed.

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WaFd Bank Response
5y
Thank you for your post, you are right this has been a very stressful time for the AML/BSA team. The good news is we are making significant progress. I take you comments seriously and would like to discuss them further with you directly. Please reach out to me. thank you

Explore other reviews about WaFd Bank

5.0
Mar 18, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The leadership at all levels is outstanding

Cons

No cons in the bank

2.0
May 28, 2026
Recommend
CEO approval
Business Outlook

Pros

Primarily remote work. Decent PTO after the 4th year.

Cons

Limited staffing and limiting overtime opportunities until the bitter end of potentially missing deadlines, which you are guilted into working. 2% "raise" every January and ZERO merit raises. Gutted profit sharing and profitability bonuses over time. Most recent bonus, which is tied to net profit after dividends, was given a result when the scale was never published. All previous bonuses had a floor-to-ceiling profit scale that showed the targets months in advance of the end of the bonus period.

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