Great Benefits, Good Work/Life Balance, High Senior Management Turnover, Constant Firedrills, Senior Management Clueless - AML Manager HSBC Employee Review

4.0
Feb 20, 2014
Recommend
CEO approval
Business Outlook

Pros

- Outstanding benefits: Very competitive salaries, significant 401k matching, BlueCross/BlueSheild insurance plans, MetLife Dental, ability to work from home (so you never have to burn a sick day), terrific amount of vacation days a year. - CORE Leave: You MUST take 10 consecutive business days off a year. Some firms won't even allow you to do this, but here it is a requirement! - Relatively easy to make lateral moves. You can apply for new positions internally after a year at your current post, or earlier if you have managerial approval.

Cons

- Senior management must not be getting very competitive bonuses, because they are always in and out within a year. - Poor communication between senior management and Group executives in the UK, which result in sudden, "important" projects with EXTREMELY tight deadlines. Constantly. - Who still uses Lotus Notes instead of Outlook? This bank does. - Poor, poor "training." Usually required a few times a year. Wastes of time. - The bank is undergoing some big changes due to the recent AML fines, so there is a lot of cloak and dagger talks with senior management constantly filing in and out of various meetings.

Explore other reviews about HSBC

5.0
Jun 2, 2026
Recommend
CEO approval
Business Outlook

Pros

Good environment and nice place to work and learn

Cons

nothing else to say the users were excellent

1.0
May 29, 2026
Recommend
CEO approval
Business Outlook

Pros

Never come. All the positions and all area is same terrible. HR official turnover rate reach to 15%, some core hard working positions even can be a higher rate

Cons

They don't respect employees, there's a suit in New York area initiated by previous bankers in 2023. Because they asked for a lot of volunteering work on formal job but never pay

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