Fintech? Meh - Manager Zand Bank Employee Review

1.0
9 May 2025
Recommend
CEO approval
Business outlook

Pros

1. Health insurance is comprehensive (includes Dental and optical), which is quite rare in UAE. 2. The firm sponsors Visa for dependents. 3. The office is in prime location, right next to the Dubai mall. 4. There are some great minds in the Bank, who are an expert in what they do.

Cons

The cons start right with the mindset of the Management. The staff don’t feel motivated to work as the environment is not conducive or motivating. The vision of the Bank is to go digital in an attempt to reduce operational inefficiencies in physical presence and just focus on the results. However, the HR policy is exactly south of it, which focuses on physical presence of the staff rather than the results they bring to the table. WHAT AN IRONY! The culture makes you feel nostalgic as it takes you back to your school days, where you have to mark in attendance on roll call and have to prove that you were really really sick by fainting / coughing. Here, just replace roll call with facial recognition and fainting / coughing with signed sick leave certificate, which is required even for ONE day of sick leave (tell the world yes, we exist). The senior management takes no effort to elucidate the vision and mission of the Bank to the staff, however, they want their staff to hop on and be engaged on to the mission. A leader has to inspire and lead the clan. I mean do you take efforts to organise events or town halls to speak out to the staff to inspire or motivate them??? A startup becomes a unicorn not just because of the idea, but the personality of the leadership and the way they lead and take care of their people. The yearly appraisal is the biggest joke. The appraisal form was submitted on the system before end of December 2024, however, we are several months into 2025 and there’s no update post then. For a strength of 150-180, even if the rating is finalised through face to face with 2 staff per day, it would have been completed within 3 months. How worse can it become?

Explore other reviews about Zand Bank

1.0
17 Feb 2026
Recommend
CEO approval
Business outlook

Pros

No pros, as I didn't join them

Cons

Very very unprofessional. They do ghosting of jobs. They conduct interview, waste your time and then confirms you are selected. However later become unresponsive and then say no budget and the position is closed. Had a worst experience from the HR

1.0
3 Nov 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

If you’re looking to have fun and just enjoy a laid-back atmosphere, this firm is for you. There’s a lot of politics in the organization, making it a great place to cruise along - therefore nothing moves. Management especially CEO and some colleagues may disappear for a round of golf in the middle of the day. It’s definitely an advantage if you enjoy golfing.

Cons

While the terms "TradeFi" and "DeFi" are frequently mentioned in their motto, there hasn’t been substantial movement at all in those areas. Management doesn’t even invest in crypto themselves; instead, they focus on promoting a far-fetched vision that may not be viable or is controversial within the crypto space. They rely too heavily on overseas centers for development and partnerships rather than hiring internal talent and pursuing solid projects to foster success. Meetings often feel aimless and lack direction, contributing to a general sense of demotivation. The organization is primarily run by one or two individuals without a clear strategy, leading to mixed messages and a weak chain of command. There is noticeable stagnation in initiatives within the bank, with not a single one ready for implementation. Additionally, there is a significant lack of research and execution capability.

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