Credit Suisse Reviews

Updated May 11, 2021

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3.9
78%
Recommend to a Friend
85%
Approve of CEO
Credit Suisse CEO Thomas Gottstein
Thomas Gottstein
421 Ratings
Pros
  • "Healthy work environment among teams(in 280 reviews)

  • "Lot of internal mobility options and great career progress(in 242 reviews)

  • Cons
  • "Good work life balance can become a comfort zone(in 232 reviews)

  • "Too much favouritism my senior management(in 117 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.

    Ratings by Demographics

    This rating reflects the overall rating of Credit Suisse and is not affected by filters.

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    1. 5.0
      Current Employee, less than 1 year

      work review

      May 6, 2021 - Associate 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      good work hour, not busy

      Cons

      not very involved, too much free time

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    2. 1.0
      Current Employee, more than 3 years

      Lather, Rinse, Repeat-CS never learns

      Apr 29, 2021 - Vice President Operations in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      There simply aren't any Pros. The culture is rotten to the core and (somehow) getting worse. Front page scandal follows front page scandal. It is a mark of true talent to find the worst in every potential situation. That is the one thing that they excel at.

      Cons

      The atmosphere is bunker mentality, you are constantly under siege. Unless you are Swiss, of course, then you hung the moon and the stars. The pressure to do more and more with less and less has led to a collapse in morale, despite continued messages about how much they care for employee's mental health and wellbeing. The latest financial shenanigans have cost billions so budgets have been slashed yet again. The technology across the bank is generally 20 years out of date, with excel spreadsheets in areas that the US banks automated in 2006. And the nit-picking, petty bureaucrazy is mind blowing. Yes the typo is deliberate. Turning on a light switch has a three page PPT with accompanying flowchart, and you will have to certify that you did it correctly at least once a month. Most of your working life will be spent on signing off petty processes, writing up your team for the smallest errors, and being investigated because you made a mistake while trying to manage the work of three people and cover for two more who are on sick leave from stress. And they do not believe in pay increases, so if you join, negotiate hard, because that will be it.

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      1 person found this review helpful
    3. 4.0
      Former Employee, more than 1 year

      Analyst Review

      May 4, 2021 - Analyst in Raleigh, NC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great place to kick off career, gain exposure to a large corporate environment, and get a bulge bracket investment bank on your CV. Great benefits, friendly people, progressive environment, seems like somewhat easy internal mobility. Lot of enjoyment comes from being lucky and being on great team.

      Cons

      Couple of cons: 1. Non-competitive industry pay. (Way below industry). 2. Technology is behind. Citrix virtual machines are slow and out of date. 3. Line management resistant to invest in role critical systems/software. 4. Extremely strict hierarchy. Internal lateral mobility is easy, but upward promotion from within your role/team is slow. Don’t allow yourself to get pigeon holed.

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    4. 4.0
      Former Employee, more than 5 years

      You will learn a great deal about yourself and others here.

      Apr 16, 2021 - Investment Banking Associate in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      The investment banking team is generally a smart, hardworking bunch of people. There is much to learn about how deals are done and you're surrounded by people that buy into a culture of excellence. The work is typically interesting and you will hone your attention to detail. Work ethic is generally rewarded appropriately at bonus time.

      Cons

      The culture stresses the importance of immediacy and success, which brings out the best of some and the worst of others. It's used as a cudgel by some to borderline bully subordinates, but luckily this is rare. However, there does not appear to be a mechanism to remove those behaviors in insular teams.

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    5. 4.0
      Current Employee, more than 5 years

      No room for growth

      May 8, 2021 - AVP-IT in Raleigh, NC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Excellent benefits and salary is competitive

      Cons

      No room for expansion and internal mobility is a joke

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    6. 5.0
      Current Employee, more than 5 years

      Great place to grow a career

      May 4, 2021 - AVP-Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Excellent organization committed to their people.

      Cons

      Not many. If you put in the work, you you will be treated well.

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    7. 4.0
      Current Employee, less than 1 year

      Solid

      May 6, 2021 - Investment Banking Analyst in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Good people, culture, recognition, deal flow

      Cons

      Poor work life balance in some regard

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    8. 5.0
      Former Employee, more than 1 year

      Great Company

      May 2, 2021 - Strategist in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great Company, nice culture, fun place to start your career.

      Cons

      no cons at the time

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    9. 5.0
      Current Employee, less than 1 year

      great place to work

      May 1, 2021 - Trader 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      great people, good culture, opportunity for young people

      Cons

      i dont have any cons

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    10. 5.0
      Current Employee, less than 1 year

      Job review

      Apr 28, 2021 - Global Markets Analyst in Raleigh, NC
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Great for people looking for a start in banking right after college

      Cons

      The work can be very repetitive

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