Nordea Bank

  www.nordea.com
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Nordea Bank Reviews

Updated Jul 19, 2014

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All Employees Current Employees Only

3.8 28 reviews

71% Approve of the CEO

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Christian Clausen

(14 ratings)

80% of employees recommend this company to a friend
28 Employee Reviews
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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    My home for the last 10 years

    Planning Manager (Current Employee) Stockholm, Stockholm (Sweden)

    ProsA great bank to work for, I always have had a free and demanding position and have had possibilities to move on in my career.

    ConsWith the new setup of landscapes in the environment for the office it is hard to get time by yourself.

    Advice to Senior ManagementMake plans for your employees how they can advance in their career.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • No Opinion of CEO

     

    As as intern, you will not get much out of it

    Intern (Former Employee) Moscow (Russia)

    ProsOffice culture is on a great level. You feel like everyone there is your family member and that makes you feel nice during worktime.

    ConsI did not like my compensation as an intern (there was no compensation) and kind of slow environment that just I just don't belong to. The second feature also involved old "techs" (say, really slow computers, MS Office 2003 etc.).

    Advice to Senior ManagementI would advise management to improve on effetiveness of its workers through developing technologies and strengthening incentives.

    No, I would not recommend this company to a friend

    • Culture & Values
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    • Senior Management
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    • Approves of CEO

     

    Great company to work for, very solid and great top management

    Director (Former Employee) Copenhagen (Denmark)

    Prosyou learn a lot, get very fast responsibility and high ability to impact with your person and your specilized skills

    Consmany changes in management and their responsibility all the time - you need to be patient for full fill longerterm career goals and get recocnised

    Advice to Senior Managementthink long term and invest more in people and de-centralised IT solutions for the specilised departments

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

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    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    A great place to work for entire life

    Anonymous Employee (Current Employee)

    ProsEven though Nordea is big and heterogeneous organization, people and climate is what makes it a cosy place. You can really feel warm and a family-like atmosphere.
    Even though salary levels, career opportunities and overall technology is not on top (quit slim really), Nordea is really the place which will let you become a professional in your area.
    Nordea really values what you do, not what sex you are or what is your skin color.

    ConsHighest management is living in their own vision, making decisions and changing strategic vision every other year, not realizing that those changes in course are never reaching the people who actually do the job.

    The organizational structure is overwhelming, in other words, gap between production lines and management is way too big, filled with irrationally long list of different managers at different levels.

    Career growth in sense of position and competence change exists only in theory, in reality you do the same things for years.

    Advice to Senior ManagementGet off your high chairs and step closer to people actually making money for you.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Nordea employee

    Senior Analyst (Current Employee) Copenhagen (Denmark)

    Pros- Nice and friendly atmosphere
    - Good work-life balance
    - Possibility to develop one's personality

    Cons- Salary not changing for years
    - Unclear professional development goals, thus it is really hard to be promoted
    - Non-ambitious culture: no sense of urgency, no striving to be the best (or at least better than competitors), laziness (people are on holidays every second month)
    - No structure in IT systems and tools
    - Silo thinking and lack of collaboration - every department has it's own standards, business processes, ways of working, IT systems and tools

    Advice to Senior ManagementEmployees are the driving power and the main success factor - treat them fairly.

    No, I would not recommend this company to a friend

     

    Great people

    Anonymous Employee (Former Employee)

    ProsProfessional colleagues and nice management.

    ConsOld computer system and slow adoption of customer driven tech

    • Culture & Values
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    • Senior Management
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    • Approves of CEO

     

    Solid career opportunities

    Anonymous Employee (Current Employee)

    ProsGreat working hours and a very friendly atmosphere. Integral Scandinavian values mean a stable yet competitive firm, with a very liberal and innovative culture. It is now the largest and strongest banking group in Northern Europe.

    ConsA history of mergers and acquisitions has left the company with significant redundancy issues and poor communication between Scandinavian head offices. There could be a greater focus on reducing bureaucracy and improving digital communication, or consolidating corporate functions from Stockholm to the Copenhagen office.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
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    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • No Opinion of CEO

     

    Decent employer

    Customer Service Officer (Former Employee) Stockholm, Stockholm (Sweden)

    ProsGreat career support, a lot of different opportunities.

    ConsToo rigid company culture, unneccesary rules.

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Approves of CEO

     

    Great place to to work!

    Relationship Manager (Current Employee) Copenhagen (Denmark)

    Pros- Values the employee as main asset of the of company
    - Puts customers first and aim to provide the best possible service
    - Very strong competitive position

    Cons- Slightly conservative and bureaucratic (as all banks)
    - Not market-leading in compensation, because they do not need it to attract the best people

    Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Good environement but boring job.

    Anonymous Employee (Former Employee)

    Pros- scandinavian compagny
    - relax working environment (not stressed from management, no hidden/extra working hours...)
    - good and nearly free food

    Cons- boring job
    - communication between services is low

    Advice to Senior ManagementImprove communication between services and with employee. Be more creative.

    Yes, I would recommend this company to a friend

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