Credit Suisse

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Credit Suisse Reviews in London, England

Updated February 11, 2015
Updated February 11, 2015
120 Reviews
3.6
120 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
120 Ratings

Review Highlights

Pros
  • It provides excellent work life balance for personal development in the spare time (in 161 reviews)

  • There may be opportunities to work in other countries through internal mobility for those interested (in 62 reviews)


Cons
  • Management was inflexible to find ways that analysts could find work / life balance (in 81 reviews)

  • long hours, which made it difficult to maintain a work-life balance (in 64 reviews)

More Highlights

120 Employee Reviews Back to all Reviews

Sort: Popular Rating Date
  1.  

    Quality Manager - AVP

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

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

    Pros

    Very motivating and influential working environment.

    Cons

    Bureaucratic as all large organisations go.

    Recommends
    Positive Outlook
  2.  

    Good start to career

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

    I worked at Credit Suisse full-time (more than 5 years)

    Pros

    Pension and private health insurance are perks. There is a gym onsite at their Canary Wharf office, which is a big plus. The canteen isn't particularly subsidised, but there are a lot of healthy options. The promotion process is quite clear and the Women's Network provides a lot of training to help you prepare.

    Cons

    You need to push for training courses, they won't spend if they don't have to.

    Recommends
    Approves of CEO
  3. 1 person found this helpful  

    There goes the neighborhood...

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

    I have been working at Credit Suisse

    Pros

    Aside from a few specific sector leading desks and lines of business that are industry leaders, nice middle of the road place to do the "good enough" optimization. Good enough comp, good enough career progression, good enough work-life balance. Legacy culture that values collaboration and consensus.

    Cons

    That legacy culture has become sclerotic in areas, especially on the private banking side, and on the investment banking side there has been a huge influx ex-Goldman people who got drummed out of there in the turmoil that is enveloping that place and have brought with them massive chips on their shoulders and the worst of the GS lack of transparency and chronic mendacity as a routine operating model. The two make for a catastrophic mix that has not yet but is about to lead to a toxic working environment as the cost-cutting pressures mount.

    Advice to ManagementAdvice

    The answer s returning to First Boston roots, at least on the IB side--getting lean, super skilled up and entrepreneurial...not looking to ape an alien GS culture and its representatives who could care less about Credit Suisse and are clearly focused on extracting as much as they personally can out of the place while hastening its demise.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
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  5.  

    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
  6. 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
  7.  

    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
  8.  

    OK for certain personality types

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

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

    Pros

    Competitive salary and benefits, smart colleagues.

    Cons

    Very slow to react and change, senior leadership disconnected from staff.

    Advice to ManagementAdvice

    Create clearer defined advancement opportunities, foster more open internal communication channels.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Amazing atmosphere yet poor interview

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

    I worked at Credit Suisse as an intern (less than a year)

    Pros

    Credit Suisse is the kind of place that everyone is able to ask questions and interact with the higher ups without an issue.
    There is plenty of opportunity to learn and gain a greater insight

    Cons

    Interviewers are poor. There is no consistency and no real formula for creating fair and efficient interview environments which is unfortunate,

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Fantastic Company

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

    I worked at Credit Suisse (more than a year)

    Pros

    Room for personal growth and a supportive team that wants to help you further develop. Wiling to find internal movement to stay within the company if you want to try something new.

    Cons

    It's not the easiest to gain all of the benefits.

    Advice to ManagementAdvice

    Consider increasing the pay for many of the employees to match competition

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    To big

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

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

    Pros

    Feel part of a top class outfit

    Cons

    Small cog in a big wheel. Career progression is limited to the success and perception of your (long) management line.

    Advice to ManagementAdvice

    Identify and foster talent

    Doesn't Recommend
    Neutral Outlook

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