Current CEO: Brady W. Dougan
Credit Suisse Group, headquartered in Zurich, Switzerland, is one of the world’s leading financial services company. Since 1856, the company has provided 24/7 support to assist its clients in making decisions related to private banking, investment banking and asset management. The company currently has approximately 50,700 employees in about 405 offices in 55 countries.
Credit Suisse also has a reputation of being an environmentally-friendly company. It has been greenhouse gas neutral in Switzerland since 2006 and worldwide since June 2010. While the company has reduced staff like its competitors because of the economic downturn, Euromoney magazine named Credit Suisse the “Best Global Bank” in 2010. However, at this time, candidates with a background in securities should focus their search efforts elsewhere. As of November 1, 2011, the company announced it will cut 1,500 jobs in this division.
Despite the recent announcement, the company has added 4,000 employees since 2009. Therefore, those looking for Credit Suisse careers should focus on openings in the following areas:
• Private Banking – This division is comprised of two subdivisions – Wealth Management and Corporate & Retail Banking.
• Wealth Management serves about 700,000 individuals worldwide. Job seekers, who feel comfortable customizing banking solutions to protect client wealth, may find their next positions here. Candidates should know that the company has scaled back its focus on emerging markets – once a driving force for this subdivision.
• Corporate & Retail Banking serves approximately 1.7 million corporations, retail and institutional clients throughout Switzerland. Here again, the company understands the underlying causes of market changes. The company states that corporate and retail banking is affected by competition and the overall economic environment. Currently, candidates with a background in investment banking, have more options when it comes to working at Credit Suisse.
• Asset Management – This division partners with clients to help deliver investment products and solutions to its clients.
The Credit Suisse culture focuses on inclusion. The culture also tries to balance the needs of clients with the needs of its employees. Reviewers state that the company’s managers actively promote a positive work-life balance because of its strong family focus.
The company’s benefits rank above the industry’s average. The company provides medical, dental and vision insurance. Reviewers also state that the company understands if employees need time off for personal issues. That supports comments from reviewers who enjoy working in a family-focused company. The company does hire many contractors. Therefore, only full-time employees will receive Credit Suisse benefits.