Mental health disaster, impossible targets - Analyst Passcon Employee Review

1.0
8 Jul 2022
Recommend
CEO approval
Business outlook

Pros

My colleagues were kind people who came to work in Sofia from all regions of the country. The office space is quite nice. There was home office during the pandemic but not anymore.

Cons

Even if the positions in Sofia are advertised as "data analyst", "KYC analyst" or "AML analyst", and the company - as a "KYC factory". It works on the factory principles indeed. The truth is, that all vacancies are exclusively related to transaction monitoring. So if you're pursuing a career in AML/CTF/KYC, turn to another company. 1.The job is extremely stressful which is not worth it for this salary. The office in Sofia "grades" you as a professional on the grounds of how many cases you did per day and if you achieved the impossible daily targets. It is dehumanizing and doesn't take into account what you can actually bring to the table besides, well, achieved target. It's no different than being a line worker in a factory. 2. You find yourself in a new team, doing something completely different from what you were just trained on, on daily basis. Confusion and lack of understanding is what reads on everyone's face which is alright once in a blue moon, but not every day. There is no logic in the change of processes and ideas for improvement are not appreciated. It's impossible to feel satisfaction from your good work if you don't know what you're doing. You will spot rather unintelligent people progressing to QCs. If you think, use your brain and analyze what is being told to you, you're bound to fail. 3. Most team leads obviously lack leadership skills and shy away from responsibilities. 4. Passcon is owned by AMLRS so think twice if U.S. business culture is not your cup of tea

Explore other reviews about Passcon

1.0
26 Mar 2021
Recommend
CEO approval
Business outlook

Pros

-Learn a new career -Pays the bills

Cons

A PR tragedy. -Although legal, it is unethical as it is immoral to neglect a hard earned bonus to employees just because they left or got terminated prior to the payment. -Pressure in endless. Expect to work long hours and no recognition to do so. -Poor management-Managers have little to no experience in KYC and don’t really do anything. Instructions are given for the analysts to lie to the client about their progress to keep managers looking good. -People are here only for a paycheck. Don’t expect a meaningful job.

5
2.0
4 May 2021
Anonymous contractor
Recommend
CEO approval
Business outlook

Pros

higher salary and mac equipment

Cons

Lies to clients about processes and cases. Will cheat the systems just to get cases pushed. Make you work overtime and not pay even though promised.

1
See reviews by: Helpful|Rating|Date|All