Nordea Bank Reviews

Updated May 6, 2021

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4.0
79%
Recommend to a Friend
81%
Approve of CEO
Nordea Bank President and CEO Frank Vang-Jensen
Frank Vang-Jensen
89 Ratings
Pros
  • "very well work-life balance, Scandinavian way of working(in 81 reviews)

  • "Good working environment, friendly people(in 34 reviews)

  • Cons
  • "decision making time could be faster(in 12 reviews)

  • "There are limits as in any other big company(in 11 reviews)

  • More Pros and Cons
    Pros & Cons are excerpts from user reviews. They are not authored by Glassdoor.
    1. 5.0
      Current Employee, more than 3 years

      Progressive culture with strong benefits

      Apr 14, 2021 - Customer Management 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Forward thinking culture focused on supporting diversity and inclusion. Very high 401k and health benefits

      Cons

      None come to mind immediately.

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    2. 5.0
      Former Employee, less than 1 year

      Nordea is Rad

      Feb 19, 2021 - Sales Manager in Portland, OR
      Recommend
      CEO Approval
      Business Outlook

      Pros

      All my co-workers were terrific

      Cons

      Customers can be hard to deal with at the end of a work week when they have financial needs that don't go there way

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    3. 4.0
      Former Employee, more than 3 years

      HAPPY

      Jan 28, 2021 - Financial Advisor in Denmark, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      IT is a good environment

      Cons

      It is crazy you are asking about this

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    4. 3.0
      Current Employee, less than 1 year

      Hob

      Feb 4, 2021 - Technician in Dallas, TX
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Some things are good time

      Cons

      None of the things are bad

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    5. 4.0
      Former Employee, more than 3 years

      Good place to work

      Jul 8, 2020 - Financial Advisor 
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Comp, benefits and work/life balance

      Cons

      Big company so change takes time.

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    6. 4.0
      Current Employee, less than 1 year

      Pros

      Great medical benefits, very good with allowing to take days off or leave. Conditions overall are very good and people are friendly and willing to help when you need it. Organization encourages development within your department.

      Cons

      No room for growth within the department, and no option of moving between departments. This is a great company to retire from, not the best mid career.

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    7. 4.0
      Current Employee, more than 3 years

      Great place to work if you dont care about advancement

      Nov 19, 2014 - Assistant Vice President in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      Pros

      great culture, they support training, laid back atmosphere and they value their employees .

      Cons

      Very little opportunity to move up unless you are from Scandinavia. New York branch in small , employee total wise and people rarely quit, do not expect advancement

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      1 person found this review helpful
    8. 4.0
      Former Employee, less than 1 year

      Friendly and professional but terrible HR.

      Jan 16, 2015 -  
      Recommend
      CEO Approval
      Business Outlook

      Pros

      Strong corporate culture, work-life balanced.management gives opportunity to grow.Fair salaries,accommodations.Good place to work and grow within the organization.

      Cons

      Everyone greats and smiles to your face.Not because they are your friends but that is the bank policy.Once you stabbed from back you will wonder which one of them did it.Probably you will never find out!

      7 people found this review helpful
    9. 4.0
      Current Employee, more than 5 years

      Awesome place to work

      Sep 26, 2017 - Anonymous Employee in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      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.

      1 person found this review helpful
    10. 4.0
      Current Employee, less than 1 year

      Nordea New York

      Feb 8, 2017 - Anonymous Employee in New York, NY
      Recommend
      CEO Approval
      Business Outlook

      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)

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