Credit Suisse Reviews

Pros

It was rewarding. When I started with the firm, I was given the opportunity to build my own team, develop a reporting package used by sr management to monitor the group's risks and performance. I was then challenged with enhancing the SOX documentation and testing, and then transitioning the work into the line.

Cons

Given the recent downturn in the markets, along with senior management turnover, the environment has changed. Employees are mandated to support why the firm needs them. Management performs morning and evening rounds to see what time people come in and what they leave. Employees are working longer hours. Functions are being turned into production roles, with no opportunity for growth and expansion for those performing those functions. Other functions are leaving NYC area entirely, which is contributing to the low morale.

Advice to Senior Management

Credit Suisse is not the place to be these days!

Pros

Good benefits, Credit Suiise is a strong, well established Company.

Cons

Shared Services employees get lousy bonuses and go years without raises while the Front Office receive insanely large bonuses and raises. To top it off, when Front Office works with Shared Services the Front Office employees often treat Shared Services with total disrespect. The Shared Services employees are always told there is no money in the budget to hire more employees, employees working in certain groups are expected to do the work of two people.

Pros

As with any investment banking job the pay is good so that keeps me around. The benefits package is also very generous.

Cons

It is very political at CS. It is hard to get promoted and it is more about who you know than what you do,

Advice to Senior Management

Management is very nice, but needs to take some more risk I think. To compete with the other banks, we need to use our balance sheet.

Pros

Manager was extremely supportive and great to work for. Great team. Everyone works well together.

Cons

Virtually no mobility. Very hard to advance.

Advice to Senior Management

Need to promote mobility, development, and advancement.

Pros

This is an investment bank with a very relaxed culture. The work life balance is very good, with a typical days work of 9hrs.

Cons

The compensation is not the most competitive here but there are other benefits in working for the company that in a way offsets this.

Advice to Senior Management

I feel that the strategy adopted by the Senior management is a winning strategy. It has helped teh company in the past difficult periods.

Pros

The company is not that competitive and they have mentorship program and if you are fortunate your mentor can be a very important point of contact.

Cons

The moral was really low at times especially with the stock market crashing and people being hopeless. However this was common to all banks and not just Credit Suisse.

Advice to Senior Management

Keep on doing good job in making the bank the most admired bank in the world and outings for employees

Pros

Good people, growth, thought leadership

Cons

compensation is average and not the highest on the street

Pros

CS is one of the few investment banks in the Raleigh area. and pay is very competitive. CS offers many philanthropy opportunities and lots of professional development classes.

Cons

Not many management opportunities in the Raleigh office. Most managers are brought down from NY office or hired externally giving little advancement opportunities for Raleigh employees in the RTP office. In order to move up you will need to wait a long time or move to another office.

Advice to Senior Management

Grow from within the firm. Allow Raleigh office employees to take their hand at management positions, and dont always hire externally for these positions.

Pros

The work atmosphere is quite friendly and enjoyable. The management often gives me different opportunities and challenges which makes the experience even more exciting.

Cons

The salary level may not be the best out in the market but it's still better over most of it's competitors.

Advice to Senior Management

Offer more training opportunities to the employees. This will maintain a more interesting work environment and at the same time provide a haven for personal development.

Pros

good company in every aspect

Cons

limited development, poor salary, bad office environment