HSBC Holdings Senior Manager Reviews | Glassdoor

HSBC Holdings Senior Manager Reviews

Updated Oct 14, 2019

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3.8
StarStarStarStarStar
Rating TrendsRating Trends
87%
Recommend to a Friend
100%
Approve of CEO
HSBC Holdings CEO Noel Quinn
Noel Quinn
4 Ratings
  1. "good"

    StarStarStarStarStar
    Current Employee - Senior Product Manager in New York, NY

    I have been working at HSBC Holdings full-time for more than 8 years

    Pros

    generally working with nice people

    Cons

    approval process for anything can be long

    HSBC Holdings2019-03-05
  2. "Much restructuring due to large regulatory fines"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Senior Project Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings for more than a year

    Pros

    Many good and interesting people to work with. Lots of opportunities as there's an overhaul of having too many systems to manage...Evergreen in affect.

    Cons

    British hierarchy management issues in some cases, much politics, and the near shoring of IT dismantled good teams. Parent company regulatory fines negatively impacted people management, typical path of cheaper labor resource planning.

    Advice to Management

    Cheap labor adds to your glut more than you know.

    HSBC Holdings2019-04-26
  3. "Good company to work for"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Project Manager 
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at HSBC Holdings full-time for more than 10 years

    Pros

    Flex time, work from home, cross border collaboration

    Cons

    Travel, late night working, time zone issues

    HSBC Holdings2019-04-17
  4. Helpful (1)

    "Good place if the job isn't eliminated."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Manager in Chicago, IL
    No opinion of CEO

    I worked at HSBC Holdings full-time for more than 10 years

    Pros

    Great benefits, medical, dental, 401K match, vacation.

    Cons

    Continual layoffs/realignment. Lots of offshoring.

    HSBC Holdings2019-02-20
  5. "Mid-Corporate Banking Overview"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Relationship Manager 
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at HSBC Holdings full-time for more than 3 years

    Pros

    HSBC US has the following attributes: -Brand. -Global Connectivity. -People/Peers.

    Cons

    -Complicated and slow delivery of credit, cash management and other bank products to existing and prospective clients. -Convoluted Client/Prospect Onboarding Process. -Management (a lot of managers don't have the understanding, skillset or experience to be in their roles). -Production Focus and Framework changes every 3-6 months. -Antiquated and outdated systems in every aspect. -Annual Reductions in Workforce..., even if you are performing and doing the right thing). -Compensation (don't expect annual increases and/or bonuses). -KYC/CDD Nightmares -Lingering Deferred Prosecution Agreement (The DPA) -Diversity-other than white women in Sr. Leadership/Management, there are very few people of "color" in CMB or Mid-Corporate Banking.

    Show More
    HSBC Holdings2017-11-24
  6. Helpful (1)

    "Company trending downward"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Employee - Senior Technical Project Manager in Arlington Heights, IL
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at HSBC Holdings full-time for more than 10 years

    Pros

    Vacation time off. You have 30 days off

    Cons

    No longer a good Work Environment. No longer a collaborative work Environment. Decision are made without thinking through the impacts.

    Advice to Management

    Stand up for your employees and teams.

    HSBC Holdings2017-09-29
  7. "Senior Manager, Business Systems"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Manager in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at HSBC Holdings full-time for more than 10 years

    Pros

    Lots of opportunities outside US. Current CEO has fantastic w business strategy senior along with his direct reports. IT management focusing only on India based skill set.

    Cons

    IT career only in London and India. US used to be a great place to work. Changes in strategy have made US very light weight

    HSBC Holdings2017-08-24
  8. "Contract role - Sr. Business Analyst / Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Contractor - Senior Project Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at HSBC Holdings for more than a year

    Pros

    -Relaxed work environment -International office -Centrally located -Work/life balance

    Cons

    -Too much bureaucracy to get anything done; many useless meetings -Too many managers and levels to get anything approved -Unpredictable job security - can be terminated at a week notice -Bank lagging reputation in services and in general being in the forefront of financial offerings in US -OK pay, not great

    Advice to Management

    -Remove unnecessary level of bureaucracy

    HSBC Holdings2017-08-14
  9. "It's good if you produce. They will reward you if you do your job."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Vice President Senior Premier Relationship Manager in Industry, CA
    Approves of CEO

    I have been working at HSBC Holdings full-time for more than 5 years

    Pros

    Good organization to grow in. A lot of good professionals. There are the normal politics that are common in the industry.

    Cons

    Discretionary bonus. Playing the guessing game on how much you will get paid. Sometimes it doesn't reflect revenue production. All in all, it's not bad.

    Advice to Management

    Reward your top producers

    HSBC Holdings2017-05-24
  10. "Large multinational Bank"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Employee - Senior Finance Manager in Arlington Heights, IL
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at HSBC Holdings full-time for more than 10 years

    Pros

    Many opportunities overseas if you are willing to move. Benefits and pay are good for a multinational large bank company.

    Cons

    Currently they are struggling with their staffing and expenses in a low growth economy. Every few years they seem to want to re invent the company image.

    Advice to Management

    Upper management is changing too often which leads to fractured goals to contain expenses. Their job growth plans seem to change yearly.

    HSBC Holdings2017-04-14
Found 151 reviews