Svenska Handelsbanken

  www.handelsbanken.se
  www.handelsbanken.se

Svenska Handelsbanken Reviews

10 Reviews
3.3
10 Reviews
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Svenska Handelsbanken President and Group CEO Pär Boman
Pär Boman
5 Ratings

Employee Reviews

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  1.  

    The people are very helpful and nice

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

    I have been working at Svenska Handelsbanken as a contractor (less than an year)

    Pros

    The people and management are very helpful and extremely friendly

    Cons

    Not very organized. Needs to be a better coordinated effort in the planning of projects

    Advice to ManagementAdvice

    Communication needs to get better

    Recommends
    Positive Outlook
    Approves of CEO
  2. 1 person found this helpful  

    Scandinavian equities in NY

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

    I worked at Svenska Handelsbanken

    Pros

    If you are Swedish and want to work in NYC, it is highly recommended. They pay relatively well, you get great benefits (more European than typically American), and the atmosphere is no more or less intense than other firms. Given that Wall Street firms are contracting, smaller firms like Svenska Handelsbanken will have a better chance to compete, so going forward that should be a good thing for current and prospective employees of the firm.

    Cons

    Non-Swedes are not treated equally. Swedish is the language of choice in the office and it's rude to those who do not speak the language. Management does not discourage this, and in fact most of the bosses do it regularly when they are in town. Management is also disorganized, and the turnover at the top and amongst the employees is worrisome.

    Advice to ManagementAdvice

    Either fully support the NY office or close it. Right now it seems to be an afterthought.

    No opinion of CEO
  3.  

    Conservative & Lack of Change

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Derivatives Trader in Stockholm, Stockholm (Sweden)
    Former Employee - Derivatives Trader in Stockholm, Stockholm (Sweden)

    I worked at Svenska Handelsbanken full-time (more than 8 years)

    Pros

    Handelsbanken is a bank with roots in the 19th century. This means that the company is stable, does not require state funding etc. People working here are intelligent or at the very least competent.

    Cons

    The derivatives trading division is reckless: arbitrageur gambling rather than market making. Management lack an understanding of change and what change can deliver to shareholders. The culture is extremely conservative with technology from 1994 in certain computers.

    Advice to ManagementAdvice

    Change the organisational culture and deliver some variety to your employees.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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  5.  

    Nice on paper ethos but in general not executed

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

    I worked at Svenska Handelsbanken full-time

    Pros

    Flat structure with the ability to work independent. Work-life balance is good although at times this has to sacrificed. Good salary and associated benefits.

    Cons

    Very little training and none existent leadership. Company is unclear on what market it wishes to be in and reacts as a problem occurs. Does not like success or personality in individuals.

    Advice to ManagementAdvice

    Formulate a clear market in your minds. Invest in the people and it will show benefits. Leadership is a real problem throughout from Manager to senior level. Try celebrating success!

    Doesn't Recommend
    Neutral Outlook
    Approves of CEO
  6.  

    Strong company culture with freedom and responsibility.

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

    I have been working at Svenska Handelsbanken full-time (more than 8 years)

    Pros

    If you like to take responsibility for yourself, your customers, and your employer, it's a great place to work. If you work hard, there are limitless opportunities.

    Cons

    The employer can be perceived as stingy, but is a result of the strong culture of holding on to cash and not having large expense accounts.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    Not a good place to work

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

    I worked at Svenska Handelsbanken full-time (more than an year)

    Pros

    pension plan Octagonen is the only thing that is good with this company. In general its a good place to work if you work in low level positions

    Cons

    old IT systems, high work load caused by poor management, not an IB

    Advice to ManagementAdvice

    Hire more external people

    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO
  8.  

    Great company with a lot of opportunities!!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Advisor in Stockholm, Stockholm (Sweden)
    Former Employee - Financial Advisor in Stockholm, Stockholm (Sweden)

    I worked at Svenska Handelsbanken as a contractor (more than an year)

    Pros

    One of the big four banks in Sweden, a universal banking portfolio, is represented in a lot of countries.

    Cons

    A lack of diversity regarding ethnical backgrounds. A lot of uneducated staff with no university degrees. A lack of mentorship in the beginning of the work, they simply expect you to learn everything buy your self.

    Advice to ManagementAdvice

    Give new graduates the opportunity to replace the dinosaurs with no education!

    Recommends
    Neutral Outlook
    No opinion of CEO
  9. 1 person found this helpful  

    OK bank but not top in the Capital Markets

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Svenska Handelsbanken

    Pros

    security, good combination work / spare-time.

    Cons

    low salary, no bonuses at all.

    Recommends
    Positive Outlook
    No opinion of CEO
  10.  

    Position as risk analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Risk Analyst in Stockholm, Stockholm (Sweden)
    Former Employee - Risk Analyst in Stockholm, Stockholm (Sweden)

    I worked at Svenska Handelsbanken

    Pros

    You are able to switch positions inside the company. you plan a career path with HR so that you can reach your career goals.

    Cons

    hierarchy, old structure...low salaries compared to other banks. But good overall...slow moving culture...and very cost oriented...no fruit or coffee when there is bad times :D

    Advice to ManagementAdvice

    try to have more variable salaries for work that is connected to fund management...younger people in management positions. etc. etc.

    Recommends
    Approves of CEO
  11.  

    Stability

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

    I have been working at Svenska Handelsbanken

    Pros

    Job security is very high

    Cons

    Slow adopter of new inventions.

    Advice to ManagementAdvice

    Be more aggressive

    Recommends
    Disapproves of CEO

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