HSBC Director, Credit Risk reviews

4.3

94% would recommend to a friend

(46 total reviews)
avatar

Georges Elhedery

100% approve of CEO

98% positive business outlook

Director Credit Risk employees have rated HSBC with 4.3 out of 5 stars, based on 46 company reviews on Glassdoor. This indicates that most Director Credit Risk professionals have an excellent working experience there. HSBC is rated in line with the average (within 1 standard deviation) by Director Credit Risk professionals compared to other employers within the Finanzen industry (3.7 stars).

Reviews by job title

46 reviews
4.0
Jan 28, 2009
Recommend
CEO approval
Business Outlook

Pros

HSBC is a financial behemoth, and despite the Household International acquisition, is still risk-adverse and proactive. Obviously not untouched in the current economic climate, HSBC has acted before many of its competitors to head-off bad debt losses. My experience at HSBC was very position. Management is very hierarchically arranged, as is to be expected at a bank, and is sometimes slow to change. After observing other organizations, while HSBC sometimes lacks the willingness to make necessary information technology investments, the ability to adapt to change in this organization is above average. I really felt like a part of the team at HSBC.

Cons

Management's long tenure with the bank leads to a very safe, but stodgy atmosphere. Specifically, when considering international expat assignments, one must be "a good old boy" for consideration.

3.0
Oct 25, 2008
Recommend
CEO approval
Business Outlook

Pros

The number one reason for me is the opportunity to work with a diverse group of people. As you work with your colleague you'll get to know more about them and in turns get to embrace their backgroup. Also, depends on the job role you might get the opporutunity to work in many cross-functional projects, which allows you learn about what others are doing and it might even give you an opportunity to trasfer down the road and learn new skills set. The company is also big on gender inequality and they have a pretty good (3 months) maternity leave policy.

Cons

While HSBC is a strong international bank, its reputation in North America is pretty weak, especially on the West Coast . A lot of people still remember that HSBC was once the troubled Household bank and they want no part of it. Career advancement is pretty standard but it probably will help if you know your senior management pretty well. Once you become a manager though it's pretty hard to move up unless you are willing to pull extra 15-20 hours a week. Sometimes the perception is that those who worked (or forced to work) are the ones deem to be the better workers (which is not always true!)

Viewing 43 - 45 of 46 Reviews

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