waste of time - Licensed Relationship Banker Chase Employee Review

1.0
22 Sept 2015
Recommend
CEO approval
Business outlook

Pros

health benefits are great, you can make bonuses (good luck), some pretty good people work at chase.

Cons

It is a sales job and all that matters are numbers. I was a relationship banker which requires getting your series 6 & 63 which you use 0% of the time so it is useless. Be prepared to work almost every Saturday of your life, to try and convince people to bring there money that is earing a higher interest rate at another bank to chase and get them to invest (not gonna happen). You will waste your day cold calling people trying to convince them to get products don't need (this doesn't work). You wear a suit, but barely make enough to get by (oh yeah you have to buy your suits too). Bonuses are great if you can actually get them. If you are at a slower branch you are doomed. Technology is changing how people bank thus brining less people into the bank which means less opportunity to earn bonuses (think ATM's, online, phone apps, E-ATM's, etc). Once you get licensed you have to stay at Chase for 1 year from that date...not your hire date, or you will owe chase $2000 to pay them back for the licensing fees. I had to pay them the full $2000 because I was only licensed for 10 months. I earned that company tens of thousands of dollars and if I didn't pay they were going to send me to collections. My college degree went to waste in the anxiety inducing environment. Also have fun dealing with customers have next to no knowledge on finances and their inability to handle their account is your fault. Retail banking sucks. If you want to bank go to a credit union.

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5.0
3 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Supportive, Attentive, Considerate, Mindful, Learning experience

Cons

Particularly hands off in regards to training

4.0
6 Jun 2026
Recommend
CEO approval
Business outlook

Pros

pays ok, and almost has all kinds of holiday off, personal leave

Cons

working experience really depends on the branch manager. some manager like to make his own little crow.

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