Credit Suisse Reviews

Updated September 19, 2014
Updated September 19, 2014
1,294 Reviews
3.5
1,294 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
574 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.  

    Good place to work for

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Credit Suisse

    Pros

    Most jobs have High salaries

    Cons

    some red tape in technology

  2.  

    Breath of fresh air

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

    I have been working at Credit Suisse as a contractor for less than a year

    Pros

    Even though my role is temporary, my managers took a great interest in my personal development. I received more development feedback in the past six months than I received in the four years I spent at a previous employer.

    Other pros:
    -No micro-management
    -Productive, friendly coworkers
    -New, startup-like office space
    -great work-life balance
    -opportunities to volunteer during work hours
    -visible senior managers

    Cons

    -Contract jobs rarely turn into full-time roles
    -Have to pay for coffee!
    -Morale is getting crushed by under-performance vs peers
    -poor IT systems

    Advice to ManagementAdvice

    -Pull the plug on FICC, holding on to the business is causing more unnecessary pain.
    -Reduce the number of consultants, you are not saving any money that way. To have me for half a year, it cost the firm a full year's salary and benefits.

    Recommends
    Neutral Outlook
    No opinion of CEO
  3.  

    Positive learning experience.

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Credit Suisse

    Pros

    Less intense atmosphere. Opportunities to learn transferable skills.

    Cons

    Few opportunities to progress and advance.

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  5.  

    Used to be great; now it's not so much

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

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

    Pros

    You get exposure to a global firm.
    Depending on what group you're in, you work with some highly talented and intelligent people.

    Cons

    Management and company culture is not the same as it was a few years ago.
    Certain departments are bloated.
    Some inefficient processes, dependent on department.
    Lagging technology.

    Recommends
    Negative Outlook
    Approves of CEO
  6.  

    Nice people, very myopic management.

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

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

    Pros

    Good work/life balance by Wall Street standards. Culture is reasonable and people are reasonably friendly. Okay compensation.

    Cons

    Extremely bureaucratic and inflexible, especially anything involving Information Technology. Management usually has only myopic goals, since management at all but the very highest levels gets cycled through very quickly (while I was there MDs typically lasted ~2 years before being fired). Unfortunately, when an MD is let go, typically almost everyone underneath that MD is kicked out as well.

    Recommends
    Negative Outlook
    Disapproves of CEO
  7.  

    I feel very neutral about my experience her. Did learn a lot, but the bureaucracy is not for me.

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Credit Suisse

    Pros

    Great overall culture, great teams, nice people, has philanthropy day.

    Cons

    Undergoing construction so the firm and two buildings seem to be unorganized and confusing as to where the firm will end up. Major bureaucracy here as well.

  8.  

    Overall positive

    • 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

    Good Culture; People are smart and easy to get along with.

    Cons

    Focus on KPI's and cost efficiency. Constant job reductions make for a stressful environment and morale is not very good. Very political

    Advice to ManagementAdvice

    Value your people

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  9.  

    AVP infra

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President Infra  in  Raleigh, NC
    Current Employee - Assistant Vice President Infra in Raleigh, NC

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

    Pros

    working hours and less meeting

    Cons

    less chance for WFH and mostly evening and weekend work, so no work / life balance

    Advice to ManagementAdvice

    look outside those Director cabin

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Ungratfying

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

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

    Pros

    Best Location in the city close to many choices for food.
    Good benefits

    Cons

    No room for progress
    Managers don't look after their employees
    Low employee moral
    Political Hierarchy getting worse every year.

    Advice to ManagementAdvice

    Replace yourselves with someone that cares.

    Doesn't Recommend
    Negative Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Philanthropy may be all that's left.

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

    I have been working at Credit Suisse full-time for more than 8 years

    Pros

    Pockets of talented individuals. Vast amount of training opportunities. Focus on philanthropy.

    Cons

    Challenging regulatory environment and lackluster performance has led to aggressive cost cutting. Multiple organizational restructures. Almost impossible to get promoted or compensated. Everyone in survival mode.

    Advice to ManagementAdvice

    Do not lose focus on taking care of your talented employees, even in this challenging environment. The job market is improving, and you will lose talent if you do not compensate or promote.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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