DERIVATIVES DOCUMENT ANALYST (Former Employee) – Raffles Place – August 11, 2018
The thing I love the most is their wonderful training opportunities. 50% of management are open and approachable. They have a "buddy system" for learning on the job. It is a problem when the department has office "group clicks" . When individuals get alienated this can counter office productivity. They have a steep learning curve if you just started in the industry.
Warning: Do your due diligence and consider carefully before accepting
Analyst (Former Employee) – Central Business District – September 17, 2018
Due to budget cuts, certain departments have become very lean. Many departments are top heavy. Frequent restructurings occur due to change in senior management. Most of them are politically driven. Like most organizations, internal politics are common. Job descriptions can also change if offshoring happens. Weak company results led to low bonuses (for certain departments) and huge attrition. They would rather hire contract staffs and keep resources lean. Internal processes are lacking or lost in transition due to staff attrition and offhsoring. Knowledge has been lost in some cases. Most of the best practices are either verbal or handed over from generation to generation without proper documentation. New joiners will not have a clear picture of certain processes and/or how things are done and handled. As a result of the attrition and restructuring, roles were callously and quickly filled by new employees with little or no relevant experience. The poor job fit saw the hiring of leaders or managers with the inability to make effective decisions, poor leadership and ineffective management skills. This also led to mismanagement in the career of the affected employees. Very slow career progression (below average) with almost no visible path for development. Offshoring and Globalization of resources resulted in internal inefficiencies. Work related issues ranging from HR to IT are remotely operated offshore. E.g, a lot of time is wasted on sending screenshots and waiting for someone in another time zone to respond to your issues. Cultural and language issues have not beenmore... considered when the company decides to offshore these functions.A lot of work that has been offshored have processes that were either lost in translation or transition resulting in possibly some duplication of work or unnecessary work.less
Health benefits and that is just about it; apart from the strong brand name and reputation.
Budget cuts and frequent restructurings, Poor Management and Weak Culture, Inefficient Management of Resources, Continuous Offshoring and Contract Hiring for years
Business Analyst (Current Employee) – Singapore – March 24, 2018
one of the best companies I have ever worked in terms of culture and work life balance. A great place to learn fro senior leaders. A very good experience as of now in CS and hopefully will remain as is.
Associate (Former Employee) – Changi – March 20, 2018
A very advance company and work life balance place. A good working environment with great co-workers. Good benefits, lots of events and charity activities organised for the workers. Work are recognised, not only through your manager and peers but through other department colleague too. Flexible working environment and hours.
Senior Level (Former Employee) – Singapore – March 5, 2018
A key competitive advantage of Credit Suisse is our ability to bring all the resources of the bank together for our clients – combining our key strengths in private banking with our leading capabilities in equities, fixed income, corporate finance and asset management. Across boundaries and divisions, we deliver a compelling proposition for clients looking to access a full spectrum of our best products and capabilities to help them expand their businesses, as well as protect and grow their wealth.
Vice President (Current Employee) – Singapore – December 27, 2017
Overly rigid, overly hierarchical, old fashioned bank. There are no visionaries here, just politicians. This is not a place for those who seek professional development. A poorly managed institution who cloaks this by describing itself as "an entrepreneurial" organisation.
If you are a blue-eyed Swiss you will be taken care of (politically as well as job security wise).
Expect no direction from Management (MDs and Directors), as they are out to protect themselves and nothing more. The culture (as such exists) is basically a "free-for-all" where you sink or swim on your own.
The pay is good and colleagues (VP and below) are great. A good place to park for a couple of years, collect a good salary and then move on.
Good brand on your CV, good salary, great colleagues
Poor management, way too much politics, "The Swiss Way"
Project Manager (Former Employee) – Singapore – September 26, 2017
Great place to work! Great management. I didn't want to leave but a personal event forced me to go back to my home country. If I had to work in the banking industry again I would definitely apply for a job at Credit Suisse.
Senior Software Engineer (Current Employee) – Changi City point Singapore – June 26, 2017
It it one the Technology oriented and developer driven organisation where people are valued for their contribution . besides this learning opportunities are offered at every step . once you finish up your job you get chance to share your experience with higher management .
AVP, Enterprise Risk Management (Current Employee) – Singapore City Hall – June 18, 2017
Good place to learn Enterprise Risk Management in CRO. Workplace culture is good and balanced. Management is supportive of new initiatives, specially Chief Risk Officer. The new organization structure is creating few challenges but should get stabilize for few years.