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Credit Suisse
3.3 of 5 860 reviews
www.credit-suisse.com/careers Zurich, Switzerland 5000+ Employees

Credit Suisse Reviews

Updated Jun 10, 2013
All Employees Current Employees Only

3.3 860 reviews

                             

81% Approve of the CEO

Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan

Brady W. Dougan

(346 ratings)

70% of employees recommend this company to a friend
261 Employee Reviews Back to all reviews
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VP IB IT

Vice President IT (Current Employee)
Jersey City, NJ

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

ProsThe Seperation Package is good

ConsIt's all about savings regardless of the quality or service...

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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I worked as an associate for Credit Suisse Private Bank in San Francisco, CA.

Anonymous Employee (Former Employee)

I worked at Credit Suisse as a contractor for less than a year

ProsIntelligent and motivated people;
Strong investment platform;
Fantastic and well connected clientele who are generally happy with the platform and organization;
Stable and well-run bank;
Well respected in the industry -- will open career doors down the line

ConsQuestionable work-life balance -- consistent 12 hour work days depending on your MD (weekends always off though);
Cutthroat environment: your MD can make your life a living h*ll if you pick the wrong group;
Incredibly siloed -- the group's barely speak to each other and rarely interact;
Remote location -- hard to get support from remote locations; difficult to work so far from NYC or Zurich;
Very difficult to network or have a sit-down lunch during normal office hours as your MD will watch you like a hawk

No, I would not recommend this company to a friend – I'm optimistic about the outlook for this company

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Ibanking

Vice President Investment Banking (Former Employee)
New York, NY

I worked at Credit Suisse full-time for more than a year

Prosclient experience, level of responsibility, autonomy

Consunpredictability of hours, work-life balance (lack thereof)

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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Excellent pay and benefits Terrible atmosphere

IT Analyst (Current Employee)
New York, NY

I have been working at Credit Suisse as a contractor for more than 3 years

ProsGreat pay, benifits, mature and professional atmosphere

Consconstantly being overworked and always had the threat of termination underlying ever assignment

Advice to Senior Managementimplicate better structure throughout your groups in order to avoid the massive amounts of confusion and inability to get access to previously completed projects

Yes, I would recommend this company to a friend

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potentially rewarding, but not for everyone - review from IT/Engineer perspective

Senior Software Engineer (Former Employee)
Research Triangle Park, NC

I worked at Credit Suisse full-time for more than 3 years

Pros* high expectations of employees (you'll feel needed/important)
* good name recognition
* excellent benefits
* financial knowledge/insight (a marketable skill)
* for some, plenty of room for growth, internal mobility, add'l responsibility, etc
* overall: really a pretty good place to work, feeling of importance and responsibility/challenge

Cons* stressful (you get used to it, but be prepared)
* work frequently "dry"/boring
* substantial amount of bureaucracy
* the occasional 3am call
* shark tank-like atmosphere when an issue does arise (keep your calm and don't take anything personally, people will respect you later for doing so)
* overall: not the right place for everyone, esp if you stress easily - work might not be enjoyable to everyone if you don't like finance (even as a software developer/tester/admin/etc, you still need to pick up these concepts)

Advice to Senior Management(from IT/Engineer standpoint)
- High expectations and responsibility are nice, but take some time to give positive feedback as well
- Less reactiveness and greater focus on long-term (on technical projects)
- Greater focus on non-managerial staff working together rather than competing against each other (more "we", less "I") - progress shouldn't be zero-sum game
- Less company politics

Yes, I would recommend this company to a friend

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2 people found this helpful  

Mercenary corporate culture

Administrative Assistant (Current Employee)
New York, NY

I have been working at Credit Suisse part-time for more than a year

ProsBright individuals and lots of corporate initiatives for community outreach.

ConsVery "every man for himself" kind of corporate culture, whole departments being fired/laid off to cut costs, managers really could give a rat's ass about their employees.

Advice to Senior ManagementAttempt to manage and stay away from backbiting/petty gossip

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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Assistant Vice President

Anonymous Employee (Current Employee)

I have been working at Credit Suisse

ProsLocated in a central location that can be reached easily from Cary/Durham/Raleigh areas

ConsThe business has been down last few years

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Overall decent place to work

IT Analyst (Current Employee)
Morrisville, NC

I have been working at Credit Suisse full-time for more than 7 years

ProsGood compensation, decent people to work with

ConsLack of direction from management, poor work life balance -- constantly need to be checking emails and overworked at times and receiving calls at odd hours of the day to provide support, not many chances to advance your career

Advice to Senior ManagementNeed to work out staffing issues and firmly assign responsibilities for each separate group and not overlap them, making individuals support applications from various groups -- causes exhaustion from being overworked

Yes, I would recommend this company to a friend

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A company that has never figured out what it wants to be.

Vice President IT (Former Employee)
New York, NY

I worked at Credit Suisse full-time for more than 7 years

ProsBest reasons to work there:
- Cordial culture
- Opportunities for Career exploration
- Compensation and benefits

ConsWorst reasons:
- Content with mediocrity
- Culture never sure if it is a Private Bank, an I-bank or a Asset Management company.
- Priorities and direction would substantially change from year to year.

– I'm not optimistic about the outlook for this company

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Credit Suisse had some amazing people but was less than perfect organizationally.

Institutional Derivative Sales (Current Employee)
New York, NY

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

ProsThe people. Really talented and entrepreneurial. It is one of the premier banks in the world and therefore you had access to an incredible network of people and product.

ConsThe firm culture comes a clear second to the allegiance to your desk. And that means that it is political and that you have to watch your back and that you have to discount the guys at the top who like the idea of a warm culture but don't have the mechanisms or people in place to create that. However, Brady Dougan, himself, is an amazing guy and have only the best to say about him.

Advice to Senior ManagementMy only advice to Brady would be to create a strong culture by finding really extraordinary culture leaders around him, and find ways to see who is just telling him what he wants to hear or doing what he wants to see, but who is really living that reality -- in addition to being a great banker.

Yes, I would recommend this company to a friend

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