Credit Suisse Reviews in New York City, NY

Updated September 11, 2014
Updated September 11, 2014
1,285 Reviews
3.5
1,285 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
569 Ratings

Review Highlights

Pros
  • It provides excellent work life balance for personal development in the spare time (in 140 reviews)

  • Good benefits, great if you are new college grad, good training opportunities (in 55 reviews)


Cons
  • Management was inflexible to find ways that analysts could find work / life balance (in 74 reviews)

  • One thing that was a con for Credit Suisse was the long hours that I was required to work (in 60 reviews)

More Highlights

364 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Long hours and lots of effort receive little thanks.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  New York, NY
    Former Employee - Analyst in New York, NY

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

    Pros

    Pay isn't terrible, and the location is nice. Things might be better for analysts on other teams.

    Cons

    Work-life balance is an issue, as can be fitting into the culture of whatever desk you're working on.

    Advice to ManagementAdvice

    Help incorporate analysts by giving them growth opportunities.

    Recommends
    Negative Outlook
    No opinion of CEO
  2.  

    Credit Suisse has entrepreneurial atmosphere where good people can get the opportunity to do more

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Director  in  New York, NY
    Current Employee - Director in New York, NY

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

    Pros

    smart people
    fast paced
    challenging environment
    good internal mobility for junior staff

    Cons

    Not sure it really has a clear vision
    what is the long term business model
    everybody is doing more with less

    Advice to ManagementAdvice

    Leadership is great at the top but a void between the top and then middle management on messaging of companies goals and values. At some point the strategy, especially in the back office ( Finance, Operations, IT) cant be just to cut costs...

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  3.  

    Nice people, but IT suffers from management bloat and bureaucracy

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - IT Assistant Vice President  in  New York, NY
    Current Employee - IT Assistant Vice President in New York, NY

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

    Pros

    A decent percentage of co-workers are genuinely nice people to work with. Smart working / flexible working arrangements allow for good flexibility around working hours and locations.

    Cons

    Within IT there are too many middle managers that just get in the way as they try to justify their existence. Too many of these managers are also generic PowerPoint shuffling professional meeting attender types vs. the skilled hand-on technical leaders you find in top tier technical organizations. Heavy cost cutting and outsourcing in recent years has also seems to have impacted the group's culture and ability to attract/retain the best technical tallent. Simply innovating and getting things done is way more difficult than it should be.

    Advice to ManagementAdvice

    The 1990s called and they want their IT organizational structure back. Refocus organization on a flatter and more collaborative structure. Reduce the number of middle managers by 30-40% and spend some of that savings on recruiting/retaining top tier technical talent.

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  4. We want your feedback – Are these company reviews helpful to you?  Yes | No
  5.  

    Great company, great people

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Summer Analyst  in  New York, NY
    Former Employee - Summer Analyst in New York, NY

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

    Pros

    Everyone is very open to answering questions, no matter how junior or senior they are. Their securities business was also doing very well when I was there. Senior management is also happy to talk to you if you make time in their schedule.

    Cons

    Tough regulatory environment that has led to a lot of cost-cutting and layoffs. Can be a competitive environment to get on hot desks like mortgages or high-yield. This is expected at other BB banks though.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Great Company to work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Analyst  in  New York, NY
    Former Employee - Analyst in New York, NY

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

    Pros

    Great place to work in

    Cons

    Attrition rate + no real benefits

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    Great place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales  in  New York, NY
    Current Employee - Sales in New York, NY

    I have been working at Credit Suisse full-time for more than 5 years

    Pros

    Amazing relationships, access to senior management, culture

    Cons

    Difficult industry environment and one that makes a work-life balance nearly impossible

    Advice to ManagementAdvice

    Invest in people and maintain culture....the guy that has been here 20+ years is the culture. Don't drift into ambitiousness.

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    Terrible from an IT standpoint

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Senior Software Engineer  in  New York, NY
    Former Employee - Senior Software Engineer in New York, NY

    I worked at Credit Suisse as an intern for more than 3 years

    Pros

    Good Pay, great location, nice building (on the outside)

    Cons

    Middle Managers not that great.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  9.  

    Few opportunities in legal

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Attorney  in  New York, NY
    Former Employee - Attorney in New York, NY

    I worked at Credit Suisse as a contractor for more than 3 years

    Pros

    Work/life balance was very good, colleagues are generally collegial and cooperative.

    Cons

    Compensation is below market and the legal department relies very heavily on secondees and temps. Major push to move jobs to Raleigh.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Investor Sevices

    Former Employee - Investor Services  in  New York, NY
    Former Employee - Investor Services in New York, NY

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

    Pros

    great culture, great for LBGT, promotions

    Cons

    very political, poor work life balance,

    Advice to ManagementAdvice

    none

    Recommends
    Positive Outlook
    Approves of CEO
  11.  

    Awesome! Fast paced and challenging experience.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - IT Vice President - Private Banking Security & Risk  in  New York, NY
    Former Employee - IT Vice President - Private Banking Security & Risk in New York, NY

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

    Pros

    One of the best banks out there when you are young & motivated! Great people & results oriented atmosphere. Always worked on challenging & rewarding projects!

    Cons

    Promotion to director may be challenging!

    Advice to ManagementAdvice

    Nothing!

    Recommends
    Neutral Outlook
    Approves of CEO

Worked for Credit Suisse? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.