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HSBC Employee Reviews in New York, NY

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You can get really comfortable here, but there are archaic ways of thinking no matter how much they stress the “agile” mindset. They need to learn to listen non senior management
Pros
Nice people, pre covid lots of lunch and learns
Cons
Unsaid expectation to work long hours
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HSBC is an awesome company to work for. They have a fun diverse workplace and is supportive of the different cultures of its employees. They have a very competitive Total Rewards package and an awesome work/life balance program. I really appreciated working for this company
Pros
Diverse Organization
Cons
Downsizing of company
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started in the asset management division. had a month-long training in London with the global cohort. very nice accommodation during the training. rotated through several departments within asset management. moved on after 2 years. decent hours. pay is below average, but respectable.
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The company has some work to do to fully integrate into US. Work life balance is fine, but need to trust and have more confidence in their US staff. Group shouldn’t have to make all decisions for the US.
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Branch Operation Manager Professional experienced career in customer service in the financial and corporate industry. Hands on client oriented sales and regulatory compliance sectors in banking. Overall experience includes: Training & Development, Staffing, On-boarding, Sales, problem solving and Revenue generation.The work life balance was awesome during my 15 years working for the company
Pros
Seniority
Cons
Short breaks
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Even though I loved working there I was disappointed that I was told I’d be hired but at the end I wasn’t it was a temp to perm job. Aside from that It was great and I worked with many amazing people
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Terrible company, below market salary, embarrassingly low bonus, cost cuts, extremely poor /management w/o knowledge, no vision or strategy, no advancement, lack of business growth, Brexit fiasco,chaos, lack of direction by executive management, lack of meeting regulations, hsbc will be in a big problems with regulations. Terrible culture. Technology at the 18 century level. CEOs and senior management at certain divisions - completely incompetent. Long history with regulatory problems and violations, and continue.... Low morale, incompetent management.
Pros
none
Cons
as above
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The job enviorment is very profesional ,team work is a big value in this company.management are there to help and answer ur questions and concesrns.the pay is not much but much better the most of the bank ,
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Horrible place to work! Uncomfortable, uptight, extremely stressful environment. Pompous senior level executives didn't listen to well-researched fact based analysis. Instead immediately lectured on how things theoretically might be done, but never having experienced actually getting it done that way. Further, offering too many "possible" alternatives without giving an indication of which would be preferable. Couldn't manage their way out of a paper bag. Upper management is not open and transparent to middle management. Lots of deceit in some of the various businesses.
Pros
You received an average level pay check for NYC
Cons
Most everything else
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Bank is working to improve overall performance. Reducing number of branches and redundant job positions. Individually employees are very dedicated and work very hard.
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Used to be a great company to work but it has changed last 3 years.Huge turnover in upper management, absolutely zero opportunity to grow and advance in the career. Highly political, the advances opportunities are only offered to a few favorites. Not a real bank in the United States. Dont recommend working there.
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Not good company to work for Don’t give existing employees a chance to grow Systems very backdated No opportunity Uncomfortable to work for Not competitive
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Great people, so much to learn. Lots of support. Would recommend working here to anyone. Has a wide range of opportunities and mobility within the company.
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Large international bank that offers many opportunities around the world. Management has great ideas and wants to execute change for the better of the company and employees, but it doesn't always translate or happen.
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The company is decent; however, management is another story. They constantly lie to employees and like to point fingers. As much as the employee attempts to explain, management only has selective hearing. Favoritism is also played by management.
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Management tries to do the best they can with the limited resources they have. Not much room for growth. Work from home is a plus. Coffee is tolerable.
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Company reimbursement of my master's education for every employee and continued constant support by upper and mid level management throughout your career development
Pros
Time off for family emergencies
Cons
Not many locations
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Working a "professional day", apparently means 12 to 15 hours for no more pay or benefits. There are hundreds of department managers, where they are the only person in the department. Way too many overlapping jobs. Dozens of people doing the same job in different departments. No wonder they're losing so much money.
Pros
Some of the people are really nice, just not the peolle on management
Cons
Really long hours (4am conference calls with London), then working to 9pm. If you're not in the inner circle you're never going anywhere.
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Lots of opportunities because of the changing environment. All new senior management. New company strategy being implemented shortly. Noel Quinn will most likely be named as new Global CEO.
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If you are looking to work in the Branch Network RBWM, Stay away. Executive Management is trying to make HSBC a Chase Bank, They don't have a clue. HSBC has no market share in NY, and very difficult to achieve the unrealistic goals. Head of Retail does not know how to run a branch network and communicate with his Teams
Pros
Lots of great client events, but now clients show up, the majority of attendees to these events are employees
Cons
very poor bonuses
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This place is quite poor I have worked here for years and the overall firm is lacking other places people do not respect others ideas or views and there is a lack of understanding
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