Credit Suisse Reviews in Singapore

Pros

They allways have work to do - steady work flow
Lots of expansion going on in APAC region.
Good for getting poached to work elsewhere. CS is a good name to have on your CV. Other banks like to hire CS staff. If you take a job at CS, you will be headhunted by other banks, guaranteed.
Good for training, improving your skills. CS offer quite innovative products on the market, and have a full range of private and investment banking products.
Possible if you really want, to work at another CS office elsewhere in the world.
This banks rehires staff that previously worked for the bank / revolving door
The people at CS can be fun to work with. I allways enjoyed my time at CS.

Cons

Salaries / benefits are lower than some other private / investment banks are offering. Good for the local market, but not competitive with on the international market. The difference in salaries seems to be growing, as CS are raising profitability by reducing costs.
Huge turnover of staff
Only way to raise your salary is to leave, or work in switzerland
Disorganised.
In the IT, the solution chosen is often the cheapest, not the best. This ends up costing more in operationals costs later.
Lots of manual work arrounds.
Too much focus on low cost, not quality.
Not sure how much benefit is being produced by CS centers of excellence in various low cost locations arround the world (pune / poland...). Is this strategy sensible?

Advice to Senior Management

Offer better opportunity to move up the ladder.
Do something to reduce staff turnover.
Improve contact between IT and business

Pros

Attractive benefits package. Reasonable salary package.

Cons

Lacking in Quality @ Work. Lot's of rework & clean up. Poor process & control management. Lot's of processes are still very manual & prone to error. Operation staff require to work long hour most of the day.

Advice to Senior Management

Allocate more $ in system enchancement to elimate all the manual process that are prone to error.

Pros

Friendly culture, people are willing to learn and teach.
Great place to start your career and experience a financial institution.

Cons

Boring work, pretty hierarchal
Compensation in PC isn't exactly fantastic.
Turnover rate is pretty high.
Interns are much worked.

Advice to Senior Management

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Pros

Good environment, friendly colleagues, room for initiative. Encouraging management who listens to what you got to say. Encourages job rotation but you've got to name it.

Cons

Long working hours, difficult to move up the ladder once you hit a certain level. Repetitive work. Doesn't match similar private banks in terms of compensation, benefits and allowances.

Advice to Senior Management

Open your eyes and communicate more to your employees. Include additional team sharing sessions to bond teams together and reward accordingly before you lose all your star players.

Pros

It's good place if you join as Trainee analyst (TAs) .I couldn't find one.

Cons

Not fair environment when it comes to promotions and salary hike and one common practice in every region if they want to promote the candidate of their choice put him in critical task and market them though other people are being working .So not a fair game when it comes to promotion.

Advice to Senior Management

Pick the talent from outside insted of promoting incompetent candidate.Espesially people in line management role.They must lay off the people based on their performace what I found people are under performer and keep stick to their job and don't let other come up and eventually they are holding commanding position even they have been categorized as under performer.

Pros

Nice people, and good managers.

Cons

Not so competitive pay wise.

Advice to Senior Management

Listen to staff more.
Increase the pay of people who deserve more.

Pros

Well-positioned in the market and good work/life balance.

Cons

The lack of meritocracy is what bothers me most in this company, something I wouldn't have expected from a bank with such a good reputation in the market. No matter how good you are it is very difficult to get promoted and management above you will be less qualified than you. Level of professionals is average to low. The name of the game is be political and survive. The company actually does have good policies in general, but only on paper. Salaries are way below market.

Advice to Senior Management

Hire people with excellent professional qualifications who are technically qualified to do the job, get more involved in projects, recognize the people who are doing great job and promote accordingly.

Pros

Good reputation organization, good internal mobility program allowing employees to work at different countries, good compensation as comparing to those of competitors

Cons

Reputation seems to be the privilege of Private Bankers only. Product Control department earns lower recognition as comparing to similar departments at other banks as JP Morgan or Goldman Sachs

Advice to Senior Management

Majority of managers from London seem to have little of knowledge of Asian cultures and hence don't show much respect to the values appreciated by local employees. They can't care any less to the needs of employees to attend to other personal matters besides works - yes! work must be prioritized the first no matter what issues happened to your families. The promotion tends to favor those with Western nationalities or Asian born in Western countries as very few management positions occupied by those out of the above categories

Pros

good work hours, good team cultre and environment, the people are very helpful friendly and the technology in the company is good.

Cons

lack of growth in singapore in terms of career development especially if you want to look outside your current role

Advice to Senior Management

provide more opportunities to young talent- identify them and grow them carefully and with full support and focus

Pros

Good pay, Good benefits, Good business

Cons

Asia Pac management is more Asia specific, Less caring about the person, more about getting the work done. More about selling yourself, less about getting recognized. More about individualism, less about team work. More about connections, less about ability. More about blame, less about self reflection. Outsourcing strategy is managed poorly and wildly. Wasted money to wring out benefits of cost cutting by hiring low cost and many times less experienced contractors, but adding pressure to experienced employees who have been with the firm longer to perform, while cutting benefits like training budget necessary to keep people sharp and unmeasurable but important benefit of keeping employees happier.

Advice to Senior Management

Similar to another comment of a technology company employee, stop trying to make good technical people managers.They make good project/work managers rather than people managers. Employ more people managers who can boost morale, stand up for their team and make the sum of the parts greater than the whole. The reason good engineers want to be managers is manager as a job is always glorified and obviously pays better. Come up with better IT strategy. Stop hiring CTO's who come, talks a good talk, cost cut, take credit and leave, while the foundation is crumbling from all the cheap labor. Cost cutting is good but much of what was done is short sighted. We should have them sign claw back clauses like what is happening on wall street right now. But in IT it would be hard to measure performance as numbers can be manipulated(I know), rather than measures of profit and loss on the business side that are harder to hide.