Credit Suisse Reviews

Updated August 27, 2015
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136 Employee Reviews

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  1. 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)
    Recommends
    Positive Outlook
    Approves of CEO

    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 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.


  2. Nice firm

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

    Pros

    Amicable driven smart intelligent small

    Cons

    Too small hierarchic not flexible

    Advice to Management

    No idea


  3. OK for certain personality types

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Business Analyst in London, England (UK)
    Former Employee - Business Analyst in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    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 Management

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


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  5. Amazing atmosphere yet poor interview

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

    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,


  6. Fantastic Company

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

    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 Management

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


  7. To big

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - BI Lead in London, England (UK)
    Former Employee - BI Lead in London, England (UK)
    Doesn't Recommend
    Neutral Outlook

    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 Management

    Identify and foster talent


  8. Helpful (3)

    Downhill

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in London, England (UK)
    Current Employee - Vice President in London, England (UK)
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    CS has nicer than average people The bank has a good skill pool in front office

    Cons

    CS has a culture of indecision and procrastination It is managed by ageing management for the benefit of ageing management Revenues keep falling, even on strong markets, as risk aversion stifles business Also compliance is applied there with a view that if the regulator wants 100 CS wants 150, not only does this create costs, delays and paperwork but it is a significant handicap vs competitors who simply respect present laws and regulations instead of trying to go further than everyone else (which no one pays for) London is a cash cow office, where compensation is held back to pay for the army of people who work less employed in Zurich Finally CS is handicapped by FX and continuous fines paid for past misdeeds in private bank but whose burden is shouldered by present employees in other divisions Avoid CS in general, London in particular

    Advice to Management

    Resign, Let fresh people try If not, then please look up vision and clarity and make use of those attributes


  9. Getting things mostly right

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Director in London, England (UK)
    Current Employee - Director in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

    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 Management

    More support for staff


  10. Review of CS

    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    Former Employee - Quantitative Associate in London, England (UK)
    Former Employee - Quantitative Associate in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Benefit packages very strong Meritocratic Quality people Decent work/life balance

    Cons

    Hard to go up the ladder


  11. really good

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Market Risk in London, England (UK)
    Current Employee - Market Risk in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Credit Suisse part-time (Less than a year)

    Pros

    people were really friendly and helpful

    Cons

    hours were quite long and i tended to work 11 hour days

    Advice to Management

    time off could be better



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