Nordea Bank Reviews | Glassdoor

Nordea Bank Reviews

Updated June 14, 2018
214 reviews

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3.7
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Nordea Bank CEO and President Casper Von Koskull
Casper Von Koskull
11 Ratings

214 Employee Reviews

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Pros
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More Pros and Cons

  1. "Outstanding culture"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Nordea Bank part-time

    Pros

    Great team, great work-life balance

    Cons

    Typical bureaucracy of a large bank

    Nordea Bank Response

    Apr 11, 2018

    Thank you so much, it’s great to see the great vibes you’ve had with your team and work-life balance. Both are extremely important. And what comes to the bureaucracy, we are kicking it out of the... More


  2. "Nordea New York"

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

    I worked at Nordea Bank full-time

    Pros

    Good work culture. International environment.

    Cons

    Small US Operations, meaning limited career advancement opportunities.

  3. Helpful (1)

    "Awesome place to work"

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

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

    Pros

    I've been in banking for over 20 years and I have never worked for a company who was so dedicated to its clients and employees. Best environment I have ever been in by far. Always strides to do what is right, not necessarily what is easy.

    Cons

    Unless you are willing to move around to different areas, not much in the way for upward mobility. A few people have managed it, but a struggle for most.


  4. "AVP"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    The work is not difficult as the bank only offers vanilla products. Turnover is low. The employees are easy to get along with.

    Cons

    There is minimal room for advancement in the New York branch. Senior management shares little information with its staff and one will need to read the annual report or internet to learn where the bank is heading.

    Advice to Management

    Reward the top performers and hardworkers otherwise they become complacent. Results will improve once the top performers are both recognized and rewarded.


  5. "Nordea New York"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Positive Outlook

    I have been working at Nordea Bank full-time

    Pros

    - Good work/life balance
    - Friendly management
    - No stress
    - Excellent benefits
    - Competition is limited (double-edged sword)

    Cons

    - Limited room for growth
    - Bonuses for business unit staff isn't clear. It doesn't seem to matter whether a portfolio performs well or not.
    - Compensation isn't market competitive
    - Competition is limited (double-edged sword)

    Advice to Management

    Compensate performance & give incentives for business units to


  6. "Good place to work"

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

    Pros

    Good place to work - great environment amongst colleagues and friendly management.

    Cons

    Can be hard to move upwards in the branch as not that many opportunities


  7. "Great Company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Software Developer in Chestnut Hill, MA
    Current Employee - Software Developer in Chestnut Hill, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Nordea Bank (More than a year)

    Pros

    Great company with awesome colleges. It has unlimited possibilities for professional development.

    Cons

    Slow to implement changes. Very tight change management control.

    Advice to Management

    Encourage innovation.

  8. "KYC Analyst/Client On-Boarding/ OFAC Screening"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    It's an Amazing Company, work ethics is very professional. Pleasant atmosphere, interaction with other co-workers makes it all the better.

    Cons

    computer systems are a little antiquated.


  9. "Great place to work"

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

    I worked at Nordea Bank full-time (More than 10 years)

    Pros

    Excellent Health benefits and vacation policy.
    Nice bosses that care about the workers.
    Friendly atmosphere most of the time

    Cons

    The company is small so you have to do a lot of different things and can't focus on one particular area of expertise (some might see this as a pro)

    Advice to Management

    Keep up the good work


  10. "Good company"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Good company to work for.

    Cons

    Rare for upward advancement


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