Credit Suisse Reviews

Updated July 27, 2015
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Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
30 Ratings

Pros
  • Banking with a good work life balance (in 161 reviews)

  • good internal mobility for junior staff (in 62 reviews)

Cons
  • Work/life balance not great in ibanking (in 81 reviews)

  • Long hours my not be sustainable in the long run (in 64 reviews)

More Pros and Cons

56 Employee Reviews

Sort: Popular Rating Date
  1. Associate

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in London, England (UK)
    Former Employee - Anonymous Employee in London, England (UK)

    I worked at Credit Suisse full-time (More than 3 years)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Awesome people. Very smart.

    Cons

    Work life can be brutal.

    Advice to Management

    N/A


  2. AVP

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in London, England (UK)
    Current Employee - Business Analyst in London, England (UK)

    I have been working at Credit Suisse full-time (More than 5 years)

    Pros

    Good Friendly Work Env, Moderate Learning Opportunities

    Cons

    too frequent re-orgs, too many "managers" as compared to actual people delivering stuff, promotion process is as good as Russian Roulette.


  3. Picking the right team is more important than the right company

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Investment Banking Associate in London, England (UK)
    Current Employee - Investment Banking Associate in London, England (UK)

    I have been working at Credit Suisse full-time (More than 3 years)

    Recommends
    Negative Outlook
    No opinion of CEO
    Recommends
    Negative Outlook
    No opinion of CEO

    Pros

    - Focus on Internal Mobility - Helpful to have such a developed Private Bank for some IB transactions

    Cons

    - Often feels beaurocratic - in the IB, it is very hierarchical

    Advice to Management

    Reduce the number of committees and approvals required in most business processes


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  5. Good company to work for

    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)

    I have been working at Credit Suisse full-time (More than 5 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good company to work for, allow great working flexibility. Lots of opportunity to do internal mobility and at least in Technology there's a lot of focus to the staff well being and skill set. There are good technologist in the firm.

    Cons

    Depressed salary compared to peers, company not doing well in general. Strategic direction doesn't have full buy in from all areas.

    Advice to Management

    Reduce political in-fighting in the senior mgmt, improve pay gap between CS and peers.


  6. Supportive environment to work in

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice-President in London, England (UK)
    Current Employee - Assistant Vice-President in London, England (UK)

    I have been working at Credit Suisse full-time (More than 5 years)

    Recommends
    Neutral Outlook
    Approves of CEO
    Recommends
    Neutral Outlook
    Approves of CEO

    Pros

    Good culture and working environment ensures different teams within the bank collaborate successfully on a day to day basis, supportive management

    Cons

    Emphasis on time in title frustrates people, although there has been focus on internal mobility from management there is still room for improvement.

    Advice to Management

    Good place to work and improvements have definitely been made in my time, keep going in this direction


  7. Helpful (1)

    Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - London in London, England (UK)
    Former Contractor - London in London, England (UK)

    I worked at Credit Suisse as a contractor (More than a year)

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Interesting, technical, positive atmosphere, good opportunities within field, well remunerated, strong basis of learning, collegiate atmosphere, friendly management, excellent office

    Cons

    Very specialized within your area, limited opportunities to expand beyond your area, Limited opportunities for progression, work can become repetative

    Advice to Management

    Enable better opportunities for internal growth and development to enable more variation and retaining of staff within the larger firm


  8. Credit Suisse

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    I have been working at Credit Suisse

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Entrepreneurial culture, at least in sales

    Cons

    Downsizing of fixed income business due to higher capital requirements

    Advice to Management

    Clean up the private and investment banking legacy issues.


  9. AVP

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in London, England (UK)
    Current Employee - Assistant Vice President in London, England (UK)

    I have been working at Credit Suisse

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Increased responsibilities and accountability for ownership of delivery items

    Cons

    Lack of training budgets available

    Advice to Management

    investment in retaining top talent


  10. i have been working in this company for almost 4 years over 2 locations.

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in London, England (UK)
    Current Employee - Assistant Vice President in London, England (UK)

    I have been working at Credit Suisse full-time (More than 3 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Culture, internal transfer opportunities, peers are helpful, encouraging work-life balance

    Cons

    compensation is not competitive among tier one banks.


  11. Helpful (1)

    Good but over reliant on offshore contractors and consultancies

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - IT Vice President in London, England (UK)
    Current Contractor - IT Vice President in London, England (UK)

    I have been working at Credit Suisse as a contractor (More than 8 years)

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Good people, permanent staff tend to be highly experienced on multiple areas and very interested in the industry. Internal mobility is promoted, included on a temporary basis to enable an analyst to gain hands on business experience Taking credit for others work is heavily frowned upon at all levels. Even borrowed illustrations in informal PowerPoint docs have credit given. Interesting variety of work. Technical managers try hard to match the work to the analyst's stated interests. On the job training by technical staff when given is of good quality and interesting. Senior analysts come from the business originally and so are able to answer most queries and provide good feedback.

    Cons

    Because of the amount of offshore temporary staff promotion opportunities 'platforms' tend to be in people and project management. This leads to 2 issues - technical staff leave as they have little chance of promotion and there is a lack of product and system specific knowledge at project onset which leads to delays. Analysis is often duplicated (Change and IT) in projects for political reasons (no doubt due to the promotion platform based on people management above). Recent organization structure changes have exacerbated this. Offshoring means that you will spend a substantial amount of time training new starters, and their replacements 6 months later. The over reliance on consultancies damages the morale of existing staff (who as a result lose out on opportunities for experience and cross firm contacts (often at FO or board level) as well as being demotivated by the pay differential) and leads to a catch 22 situation whereby the firm has to use consultancies when the existing staff have either left or have no knowledge of the area. There are very few senior (director/senior director) level analysts which means you can expect to get caught up in IT vs. business politics and have to be prepared to fight your own corner.

    Advice to Management

    Use staff from all job lines (not just PM) for projects from the onset rather than allowing all technical knowledge to leave the building when the consultancies do.



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