Credit Suisse Reviews

Updated September 12, 2014
Updated September 12, 2014
1,280 Reviews
3.5
1,280 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
567 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

Employee 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.  

    Risk Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Risk Data Analyst
    Former Employee - Risk Data Analyst

    I worked at Credit Suisse as a contractor

    Pros

    I was lucky to have a supportive team

    Cons

    A little dry environment in the NY midtown office

    Advice to ManagementAdvice

    Let some light in from the windows pls....It an get very depressing

    Recommends
    Positive Outlook
    Approves of CEO
  3.  

    Great Company

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

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

    Pros

    Great benefit and respect for employees

    Cons

    Salaries are medium to low side

    Advice to ManagementAdvice

    Pay your subject matter experts better because you shouldn't have to become a manager to achieve higher band and pay.

    Recommends
    Neutral Outlook
    No opinion of CEO
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  5.  

    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
  6.  

    Good Company for a Status Quo Job

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

    I worked at Credit Suisse full-time

    Pros

    - Predictable hours, employees not particularly overworked, good employee development programs

    Cons

    - Opportunities limited for those who want to advance, poor senior management (lower-end MDs)

    Recommends
    Approves of CEO
  7.  

    Great learning experience, in the best and worst sense.

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

    I worked at Credit Suisse

    Pros

    Great environment to learn software, customer service skills, and fast workflow overnight. Great benefits as well.

    Cons

    Worst work ethic possible, employees are just worker bees building up the nest to support the queen. Used to be a great company but has grown more conservative and less people oriented, finding any place in the world to go the cheaper but not always better route. If they could hire robots to do the work, they would enforce it.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  8.  

    Started off great, crashed, then burned

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Global Support Specialist  in  Morrisville, NC
    Former Employee - Global Support Specialist in Morrisville, NC

    I worked at Credit Suisse as a contractor for more than a year

    Pros

    Global company with a history of greatness. Exposure to a high caliber of talent with a proven business process. Great initial training program.

    Cons

    Poor sustained management. Metrics over people mentality. Top producers not rewarded with loyalty. No transparent hiring/firing/promotion process. Too often roles and responsibilities shifted "Just Because". Trade floor personnel think that the world revolves around them and that they can talk to anyone in any kind of way.

    Advice to ManagementAdvice

    If you tell a new hire that they will get promoted if they perform or if their numbers are in the top 10% then honor that. Especially if you are constantly giving out awards for their work. Do a better job of recognizing what your long term employee investments should be. Do a better job with the work life balance across the board, not just in the high visibility positions. Understand that not many people want to stay in the same position for more than 2 or 3 years without a promotion or legitimate opportunity to move into another role.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    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
  10. 1 person found this helpful  

    Department is everything

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

    I worked at Credit Suisse

    Pros

    Great benefits package, laid back work environment, lots of room for internal movement

    Cons

    Most career moves are lateral, compensation is adequate, the experience is either wonderful or terrible depending on the department you are chosen for. Long days and overtime are expected constantly.

    Advice to ManagementAdvice

    Half pay for overtime, while non-verbally requiring it sends mixed messages. If you want your people to work extra then pay them accordingly .

    Recommends
    Approves of CEO
  11.  

    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

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