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Lombard Odier Reviews

Updated February 14, 2018
46 reviews

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3.4
StarStarStarStarStar
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Lombard Odier Senior Managing Partner Patrick Odier
Patrick Odier
0 Ratings

46 Employee Reviews

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Pros
  • Mood to change in a fast paced environnement even (in 4 reviews)

  • Greatest it program in the banking industry in Geneva (in 3 reviews)

Cons
  • From 12-14h nobody to reach in Geneva (in 3 reviews)

  • Un service des ressources humaines aux abonn (in 3 reviews)

More Pros and Cons

  1. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Intern in San Francisco, CA
    Current Employee - Intern in San Francisco, CA

    Pros

    Great company, great investment products. Great employees.
    Great HR department- v efficient

    Cons

    not a very high grad/young intake


  2. "Good experience"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Lombard Odier full-time

    Pros

    Many opportunities and good work environment

    Cons

    Company structure may lead to organization pbms

  3. "Operations Specialist"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in Geneva (Switzerland)
    Former Employee - Project Manager in Geneva (Switzerland)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Lombard Odier full-time (More than 5 years)

    Pros

    Inovation, stability, team work and technology

    Cons

    General economic challenges for all banks

    Advice to Management

    Good place to work and build a career in finance


  4. "Good place when you are senior"

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

    I worked at Lombard Odier full-time

    Pros

    Easy access to Senior Management, Swiss imprint

    Cons

    Unclear career path for juniors


  5. "Good people but bad management and compensation (LOIM)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Possible to advance within the firm regardless of age and background.

    Cons

    Very political. Great employees but bad management. Juniors not paid in line with the market.

    Advice to Management

    Do more to convince young people in the firm. Offer better compensation to employees


  6. Helpful (2)

    "Great firm with great tradition who forgot its culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - RFP Writer in Geneva (Switzerland)
    Former Employee - RFP Writer in Geneva (Switzerland)
    Recommends
    Neutral Outlook
    No opinion of CEO

    Pros

    Great people, cutting-edge IT, good compensation, many activities, annual staff parties

    Cons

    Extremely high staff turnover and high amount of strategy changes. "jumpy" management decisions, loss of original culture

    Advice to Management

    Investment Management is not Investment Banking


  7. "customer service"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Former Employee - Steward in Al Madīnah (Tunisia)
    Former Employee - Steward in Al Madīnah (Tunisia)

    I worked at Lombard Odier full-time

    Pros

    good company and also good experience

    Cons

    all over tunisia you work and that's amazing

    Advice to Management

    thanks to give me that experience

  8. "Aristocratic culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Marketing in London, England (UK)
    Former Employee - Marketing in London, England (UK)
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at Lombard Odier (Less than a year)

    Pros

    Great technology and staff, made many great friends there.

    Cons

    Old-fashioned hierachy, as family-owned business


  9. Helpful (3)

    "Financial controller"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Contrôleur De Gestion in Geneva (Switzerland)
    Current Employee - Contrôleur De Gestion in Geneva (Switzerland)
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I have been working at Lombard Odier full-time (More than 3 years)

    Pros

    Name and history of the house are a plus. Location is for me a reason to work there. Mood to change in a fast paced environnement even... see below.
    Salary level is higher and balance work/personal life is correct.

    Cons

    Decisions to change are hard to take with guys in place over 20 years (why do another way? I did so since 15-20 years...)
    Senior management pressure the team. Surely over pressure them with a risk to break motivation.
    High possibilities to loose good and highly motivated employee.

    Advice to Management

    The pressure should be in line with use of accounting decisions.
    Partner should get a feeling of the motivation in the team before deciding to go further in breaking the work environnement.


  10. Helpful (2)

    "Falling apart...."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Software Engineer in Geneva (Switzerland)
    Current Employee - Senior Software Engineer in Geneva (Switzerland)
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at Lombard Odier full-time (More than 10 years)

    Pros

    Used to be conditions of employment (salary, environment, stability). But this is definitely a thing of the past...

    Cons

    Management has not found a plan B following the end of banking secrecy. Since then, the company is going down the drain. Employees are treated like sh.t and brutal layoffs occur little by little every month in order to avoid the headlines in newspapers. Remaining employees' morale is very low as they don't know what is going to happen to them in the years to come. In fact they know too well... Historic partners from founding families are leaving and a new generation of ruthless partners are replacing them whose only interest is the short term ROI. New IT development center was open in neighbouring France with the intent of replacing expensive Geneva-based staff by french labour (cheap and young). And operations/production activities are likely to be shipped to Luxembourg.

    Advice to Management

    Realize that you are destroying a respected 200-year-old company. But you probably don't care : you are only interested in squeezing it as quickly and as much as you can.


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