Euroclear Bank Reviews

Current Employee – been working at Euroclear Bank full-time for more than a year

Pros – best school to learn and understand back office of finance

Cons – client focus, business first and very professional

Yes, I would recommend this company to a friend

Former Employee – worked at Euroclear Bank

Pros – New management at the time driving change and location of the offices in Brussels downtown -

Cons – changed not defined, but that is normal at times. The culture is just a sad one, people do not help each other, very little dynamics, lack of customer orientation

No, I would not recommend this company to a friend

Current Employee – been working at Euroclear Bank full-time for more than 8 years

Pros – Good learning opportunity for starters - however, not to stay long

Cons – Undergoing the LEAN waves dicated by external companies.

Advice to Senior Management – ..........................................................

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Current Employee – been working at Euroclear Bank full-time for more than 7 years

Pros – Focus on training and development
Solid, conservative business model
Fair compensation
International environment with bustling atmosphere
Helpful colleagues
Job rotation every 2-5 years is encouraged, so it never gets boring

Cons – Bureaucratic
Due to job rotation, hardly senior experts in teams
Expected atmosphere deterioration due to outsourcing to Poland

Advice to Senior Management – Mix teams 50%-50% with senior experts and dynamic newcomers
Avoid buying expensive, non-compatible software modules from different vendors
Empower employees by granting access to all reports on Poland. They are not that dumb and you are not that smart.

Current Employee – been working at Euroclear Bank

Pros – Multicultural, good atmosphere, international career opportunies

Cons – Very bureaucratic, and too many layers in the management

Advice to Senior Management – Employees retention policy can be improved

Yes, I would recommend this company to a friend

Former Employee – worked at Euroclear Bank

Pros – interesting and challenging work, technically difficult, high pressure

Cons – unfortunately, the lack of vision and positioning in a changing regulatory environment shows that management is too focused on short term cost cutting instead of building for the future

No, I would not recommend this company to a friend

Former Employee – worked at Euroclear Bank

Pros – I must admit what I really appreciated working at Euroclear Bank were the nice colleagues; all relatively young making it very dynamic.

Cons – High in and out flow of people in the bank; very difficult to retain the good people and thus gave sometimes stability issues.

Advice to Senior Management – Look for opportunities to retain your best people and keep those people motivated. Also provide more opportunities to promote those people. Refresh of the talent pool.

Current Employee – been working at Euroclear Bank

Pros – I've found that if you take initiative to show what value you can add, it will be appreciated and recognised. The salary/bonus package is above market standard and most employees know it, so they don't want to leave once you get to a middle management level. The responsibilities in your job are high, so you need to be prepared to take them on. I'm the kind of person that likes change and challenge, so I'm doing very well in this environment.

Cons – The hours can be long and administrative tasks are getting worse as the company gets larger in size.

Advice to Senior Management – Say thank you more than you do today. Also, practice what you preach - role modeling is important. For example, get rid of your closed offices and work like the rest of us.

Yes, I would recommend this company to a friend

Current Employee – been working at Euroclear Bank

Pros – International, market leader, strong core business, good benefits, central location, internal mobility opportunities

Cons – Trying to refocus after financial crisis, some rebuilding work to do, but management willingness to make it happen. Will be a better place to work next year than this year.

Advice to Senior Management – Keep up the pace of change, but be sure to take people with you. Focus much more on strategic goals and give people something to really attack. Be insirational.

Current Employee – been working at Euroclear Bank

Pros – International focus
Interesting work
Proud history
Solid pedigree

Cons – Communication in the company overall is poor
Company lacks a soul

Advice to Senior Management – Hold senior management accountable for their performances;
Let go of the past and make drastic changes in leadership if necessary - have courage