Credit Suisse Reviews

Updated July 5, 2015
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3.5
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Credit Suisse CEO, Credit Suisse Group and Credit Suisse Brady W. Dougan
Brady W. Dougan
632 Ratings

Pros
  • Banking with a good work life balance (in 161 reviews)

  • good internal mobility for junior staff (in 62 reviews)

Cons
  • Work/life balance not great in ibanking (in 81 reviews)

  • Long hours my not be sustainable in the long run (in 64 reviews)

More Pros and Cons

1,469 Employee Reviews

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  1. Great company!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Credit Suisse

    Recommends
    Recommends

    Pros

    People are nice and are not willing to share.

    Cons

    Probably don't have much lunch hour.


  2. Great company to work for

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Houston, TX
    Current Employee - Anonymous Employee in Houston, TX

    I have been working at Credit Suisse full-time (More than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Great benefits, pay above average for my profession, able to go home on time nearly every day (rarely does work pile up), benefits for LGBT employees & their partners / spouses, great sizable year-end bonus

    Cons

    Rarely thanked, institutionalized "class system"

    Advice to Management

    Try to do away with this 'class system' (bankers vs. support & admin) with leading by example. If Directors and MD's start interacting more with support & admin employees, it will filter down.


  3. Great!

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Credit Suisse

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great place to work. Very open culture.

    Cons

    Not much to complain about, great company.

    Advice to Management

    This firm has a good structure, nothing major to complain about.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Avp

    • Culture & Values
    Current Employee - Assistant Vice President in Raleigh, NC
    Current Employee - Assistant Vice President in Raleigh, NC

    I have been working at Credit Suisse full-time (More than 8 years)

    Pros

    Constant challenges and growth opportunities both personally and professionally

    Cons

    Rigid employment structures make mid year changes difficult.


  6. Great firm!

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Credit Suisse

    Pros

    Great culture and team dynamics

    Cons

    Nothing at this time to share

    Advice to Management

    Keep it up!


  7. So far has been disappointing but I think it's in a particular group. Company has lots of potential

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Control in Raleigh, NC
    Current Employee - Product Control in Raleigh, NC

    I have been working at Credit Suisse

    Approves of CEO
    Approves of CEO

    Pros

    Lots of opportunity in such a large well known company

    Cons

    Management needs work and while there is a lot of opportunity it can be difficult to take advantage of depending what group your in

    Advice to Management

    Take some general leadership courses and learn to communicate more effectively


  8. Private Bank Business Analyst

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Credit Suisse full-time

    Recommends
    Neutral Outlook
    No opinion of CEO
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Good name on resume.
    I get the idea the greater firm has a lot more going on so could have great opportunities if you are willing and able to transfer into another division.

    Cons

    The Private Bank lacks long term strategy and vision. The firm is not sure if it wants to commit to internally grown advisors so good luck with the "move up or out" approach and just plan on spending a few years and moving out.

    Advice to Management

    A 1% profit margin in PB with competitors boasting 10% to 20% says a lot, especially when the competitors are paying their RM's more. You really need to take a closer look at how you develope and keep talent. That would limit the turnover. Also, enforce or at least open the conversation with RMs on paying their support staff. It's nice that CS pays a higher base, but the RMs shortchange the employees a lot. Be a leader and promote revenue sharing. Or don't hire highly qualified support staff if you don't want to enforce revenue sharing with the RMs.


  9. Good platform with great learning opportunities

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Credit Suisse full-time

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    You learn a very technical skill set and become very adept at time management. Depending on the strength of the group, you will have good opportunities into the buyside and industry. Some of the stronger groups are sponsors and TMT.

    Cons

    Generally, teams are very lean, which means team members are expected to "play up" a level -- i.e. analysts become associates, associates become VPs, etc. The flip side of the coin is that you learn a lot from being on lean teams.

    Advice to Management

    Focus on junior banker retention; start phasing out the notion of a two-year analyst period and get junior bankers to buy in for the long-term.


  10. Not so great

    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Product Control in Raleigh, NC
    Current Employee - Product Control in Raleigh, NC

    I have been working at Credit Suisse (More than a year)

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

    Pros

    Good benefits with 9% employer contribution, professional environment. Opportunity for growth.

    Cons

    Poor mgt. Overworked employees. Technology is awful. It's better to come in at AVP than associate. Takes awhile to be promoted

    Advice to Management

    Recognize your employees contributions, and don't yell at employees in front of everyone


  11. Helpful (1)

    Great place to work

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

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

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Supports meritocracy. Very professional conduct. You will learn daily. Opportunity to grow. Supports mobility. High into D&I campaign.

    Cons

    Under resourced, so more work and long hours. Regional bias, Americas aren't the favorites. Hard to justify high cost center position if you're in NY, oddly no issue if you're in London or Zurich.

    Advice to Management

    Cut down unnessary change/strategy organization or hire right people to do that job. Those are in these org survive by the knowledge and contribution of other org they liaise with, only to take the credit of SMEs of other org.



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