Credit Suisse Reviews

Updated March 11, 2015
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4.0
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Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
671 Ratings

50 Employee Reviews

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  1. Credit Suisse

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

    I have been working at Credit Suisse

    Pros

    Entrepreneurial culture, at least in sales

    Cons

    Downsizing of fixed income business due to higher capital requirements

    Advice to ManagementAdvice

    Clean up the private and investment banking legacy issues.

    Recommends
    Positive Outlook
  2. AVP

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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

    Pros

    Increased responsibilities and accountability for ownership of delivery items

    Cons

    Lack of training budgets available

    Advice to ManagementAdvice

    investment in retaining top talent

    Recommends
    Positive Outlook
    Approves of CEO
  3. i have been working in this company for almost 4 years over 2 locations.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    Pros

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

    Cons

    compensation is not competitive among tier one banks.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful

    Good but over reliant on offshore contractors and consultancies

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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)

    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 ManagementAdvice

    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.

    Recommends
    Positive Outlook
    Approves of CEO
  6. Nice firm

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

    I have been working at Credit Suisse

    Pros

    Amicable driven smart intelligent small

    Cons

    Too small hierarchic not flexible

    Advice to ManagementAdvice

    No idea

    Recommends
    Negative Outlook
  7. Getting things mostly right

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

    I have been working at Credit Suisse

    Pros

    Generally positive culture. Good people. Internal mobility encouraged so many have long career.

    Cons

    Comp mid compared to peers. Increasing culture of blame and responsibilities can be negative

    Advice to ManagementAdvice

    More support for staff

    Recommends
    Positive Outlook
    No opinion of CEO
  8. 1 person found this helpful

    A great place to work

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

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

    Pros

    An inclusive and collegiate environment and a wonderfully diverse place to work. The people are great and the culture excellent. You should expect the hours to be a little longer in an organisation like CS, but sometimes you do what you have to do to get the job done.

    Cons

    Banks and large organisations do not adapt or change quickly, Credit Suisse is no exception to this. You will need to plan, persuade and have patience if you wish to effect change here. That being said, CS is doing a pretty good job in the face of challenging global markets and tough regulatory conditions.

    Advice to ManagementAdvice

    Strategy has not flowed well for the private bank in recent years, it does not appear to be 'joined-up' and feels fragmented. The organisation needs to refocus on clients and how it should add value and engage and service them.

    Recommends
    Neutral Outlook
    Approves of CEO
  9. Great place to learn about the business. IT teams are very strong and plenty of multi year businesses.

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

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

    Pros

    Lot of bright people in the company and good ideas in IT. This is place if you are interested in learning about the business and IT in one go.

    Cons

    Management think very narrowly. Most teams have a lot of contractors and perm staff do not get the bonus as per market conditions.

    Recommends
    Neutral Outlook
    No opinion of CEO
  10. A decade of interesting work with highly qualified and friendly colleagues

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

    I have been working at Credit Suisse full-time (more than 10 years)

    Pros

    The bank has a good name, well known globally. The people are good - made many friends here and you notice that a lot of people stay for a long time. This is not inertia, or "time-serving" as it is a highly competitive industry and many of the long-service people are in very senior roles.

    Cons

    Can be bureaucratic sometimes and can be slow to get things done or changed

    Advice to ManagementAdvice

    Remember that you too were VPs and directors once, so listen to them

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful

    Great brand and culture.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    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 a year)

    Pros

    A supportive environment that fosters personal/professional development. Work-life balance is attainable depending on your role and which area of the business you work in.

    Cons

    Although a highly supportive culture, one sometimes has to push for sponsorship due to pockets of politics (like you get pretty much every where).

    Recommends
    Positive Outlook
    Approves of CEO

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