Nordea Bank

www.nordea.com
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Nordea Bank Reviews

Updated February 11, 2015
Updated February 11, 2015
32 Reviews
3.8
32 Reviews
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Christian Clausen
16 Ratings

Employee Reviews

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  1.  

    Friendly and professional but terrible HR.

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

    I worked at Nordea Bank

    Pros

    Strong corporate culture, work-life balanced.management gives opportunity to grow.Fair salaries,accommodations.Good place to work and grow within the organization.

    Cons

    Everyone greats and smiles to your face.Not because they are your friends but that is the bank policy.Once you stabbed from back you will wonder which one of them did it.Probably you will never find out!

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Friendly and professional colleagues - lack of performance based remuneration

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

    I worked at Nordea Bank

    Pros

    Interesting and challenging business cases

    Cons

    IT-infrastructure is inefficient and old

    Approves of CEO
  3.  

    Great customer experiences - on a budget

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Personal Financial Advisor in Copenhagen (Denmark)
    Current Employee - Personal Financial Advisor in Copenhagen (Denmark)

    I have been working at Nordea Bank full-time (more than 5 years)

    Pros

    - steady paycheck
    - equal opportunities
    - if you deliver - they will come ('ish - takes a long time)
    - a company that doesn't try to pull a fast one over you or the customers
    - you can trust/ the products

    Cons

    - can be bad work/life balance - depends
    - pay is under avg.
    - not all managers are up to par
    - outdated technology in many parts of the business
    - constant change

    Advice to ManagementAdvice

    spend some money on employees and technology

    Recommends
    Neutral Outlook
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  5.  

    Applicant in Nostro Team

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Applicant in Pabianice, Lódz (Poland)
    Former Employee - Applicant in Pabianice, Lódz (Poland)

    I worked at Nordea Bank full-time (more than a year)

    Pros

    working hours, colleagues, integration meetings

    Cons

    salaries, salaries, salaries, salaries and one more time salaries

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  6.  

    My home for the last 10 years

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Planning Manager in Stockholm, Stockholm (Sweden)
    Current Employee - Planning Manager in Stockholm, Stockholm (Sweden)

    I have been working at Nordea Bank full-time (more than 3 years)

    Pros

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

    Cons

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

    Advice to ManagementAdvice

    Make plans for your employees how they can advance in their career.

    Recommends
    Positive Outlook
    Disapproves of CEO
  7.  

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Intern - Intern in Moscow (Russia)
    Former Intern - Intern in Moscow (Russia)

    I worked at Nordea Bank as an intern (less than a year)

    Pros

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

    Cons

    I 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 ManagementAdvice

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

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

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

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Contractor - Director in Copenhagen (Denmark)
    Former Contractor - Director in Copenhagen (Denmark)

    I worked at Nordea Bank as a contractor (more than 5 years)

    Pros

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

    Cons

    many 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 ManagementAdvice

    think long term and invest more in people and de-centralised IT solutions for the specilised departments

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    A great place to work for entire life

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

    I have been working at Nordea Bank full-time (more than 5 years)

    Pros

    Even 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.

    Cons

    Highest 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 ManagementAdvice

    Get off your high chairs and step closer to people actually making money for you.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Nordea employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Analyst in Copenhagen (Denmark)
    Current Employee - Senior Analyst in Copenhagen (Denmark)

    I have been working at Nordea Bank full-time (more than 3 years)

    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 ManagementAdvice

    Employees are the driving power and the main success factor - treat them fairly.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  11.  

    Great people

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Nordea Bank

    Pros

    Professional colleagues and nice management.

    Cons

    Old computer system and slow adoption of customer driven tech

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