Find jobs Company Reviews Find salaries. Upload your resume. Sign in. Credit Suisse Vice President yearly salaries in New York, NY Salary estimated from 10 employees, users, and past and present job advertisements on Indeed in the past 36 months. Last updated: October 27, Job Category. Meets national average. Job openings matching Vice President in Credit Suisse. The current opportunity will report to a Vice President of Operations and will provide support for the Residential Warehouse Finance business.
Credit Suisse is a leading global wealth manager with strong investment banking capabilities. Headquartered in Zurich, Switzerland, we have a global reach with…. See all jobs matching Vice President in Credit Suisse. Great People, Poor Compensation and Advancement. Credit Suisse employs, with few exceptions, intelligent and decent people.
The rub is that the company has been cutting costs, and groups entirely, for several years. Compensation increases are minimal, as are opportunities to gain responsibility. In such an non-confrontational environment, this difficulty to grow will be obscured by glowing reviews and unfilled promises. Was this review helpful? Yes No. I worked at several departments within the CS umbrella and it was very stimulating and exciting. There were opportunities to move to different departments within the organization.
As you would expect, it is highly competitive and there are layoffs every year. Hard work and long hours, combined with travel are all expected. Those numbers do include bonus though. But there is no separate equity bonus, no separate equity incentive, etc. The pay ceiling is lower, sure, but most people quit finance before they even reach the ceiling.
But if you are capable of staying in Investment Banking for a long run and climbling the ladder, IB is still the place to be for receiving the highest salary? Techs are obviously are a great competition these days, but stil.. What is your opinion? My opinion is that it depends on what you value and what your family background is. If you come from a poorer family and you really want to make a few million to gain financial security, IB is more of a clear-cut way to do it if you can make it to the mid-levels or beyond.
Some of that will be in company stock. Ask Lehman Brothers employees how that stock portion of their income worked out for them…. ALL upwardly mobile career doors are closing. But the point remains the same: IB is not a pathway into super-early retirement in an expensive place. Lehman Brothers is an extreme example to use here… how many other banks have failed in the same way since then? Reality does not match up with your views… look at compensation reports for those fields over time.
CEOs are doing better than ever! The introduction of stub bonuses makes me wonder how bonuses work for the typical analyst that may exit to PE after 2 years. Summer to year end: stub Year beginning to next year end: full bonus Year beginning to summer: exit to PE. Yes, the introduction of stub bonuses means that you could lose out on a full bonus in one or more periods. Everything about the finance industry has gotten worse over the past decade. Working in Hong Kong probably provides a better financial outcome for junior bakers given the low tax rate and relatively cheaper living cost.
In addition, BBs in Hong Kong offer higher base salary at least at first year associate level for a fresh MBA graduate and housing stipend. Thanks for sharing the information! Could you also comment on the pay ceiling between finance and tech industry? I fully agree with you that tech companies are offering better culture and the pay is higher especially for junior roles. However, does it also increase as quickly as the bankers? If so, how many years of experience would it require?
That is one major downside. You might get to that level in years in finance; it might be double that amount of time or more in tech. Your salary figures for all levels seem to be between two and three times the reality. According to Glassdoor or Indeed, which have hundreds of reported salaries, the truth is more like :. Normally I would not even reply to a comment like this, but others might be confused about the Glassdoor figures as well, so here goes:. Salaries and bonuses are almost always far lower at those firms for obvious reasons size matters.
By contrast, our pay figures represent what you might earn at mid-sized middle-market to large bulge-bracket and elite-boutique banks. Most readers of this site will end up working at one of those, and the base salaries and bonuses tend to be higher. Associate salaries have also been bumped over time. New reports are issued each year… Google some of those firms names and the year number. Brian, I disagree with your assertion that tech companies are the way to go for easy money.
The HR director for google, Lazlo block, published a report which indicated that google has only a 0. This makes Goldman-Sachs approximately 15 times less selective than google. Furthermore, at a tech company, for companies like google and facebook, you are expected to walk into the interview with years of technical experience and knowledge on the spot, rather than learning it on the job.
Google would expect to to be one of the most capable software engineers on earth to justify this salary. The statistic for the average base pay is skewed higher than it would actually be for fresh college graduates because there are many old and experienced engineers at google. As an analyst, you are likely extremely young and fresh out of college, but as an engineer, you could just as well be 22 as This is why I believe that tech companies are not an easier way to make money.
Otherwise, thank you for the insightful article. Is that 0. Just entry-level software engineering ones? All software engineering ones? Just investment banking? The acceptance rate will obviously be higher if you include front, mid, and back-office roles in addition to front-office IB ones, which are the most competitive.
Companies like to spin their numbers to make themselves sound more elite, so you should take them with a grain of salt. If you have externally gathered numbers for the acceptance rate in entry-level PM and engineering roles at large tech companies vs. Most of readers of this site attend relatively-good-to-top universities and, therefore, have a lot of options. A science or engineering student at a top 10 university in the U. Capable, yes, but not genius-level. Yes, entry-level pay may be lower than the averages above, but the point is that the gap between finance pay and tech pay has shrunk over time.
So… point taken. You present a fantastic argument for working in tech over IB, but as the majority of your readers possess finance skills not software engineering, what kinds of roles do you see them targeting at the high-paying tech companies? Btw I love reading your site. In my 3rd year at a Canadian university, and one of the scariest things about career planning is sourcing the correct information. Your writing helps calm that stress immensely. Engineering jobs pay more, especially at the entry level, but there are other options.
Who needs vacation, though? This is finance. Work until you die! I would imagine that bonuses are a bit lower at the Analyst level and significantly lower for more senior staff due to the nature of the work and inability to charge high fees. Yup, that is true. Analysts in Australia get something like the below although there is material variance between banks :. Big step up for associates after that but also a huge amount of variance between banks only 2 banks in Aus are genuinely profitable, Mac and UBS.
Comments Read below or Add a comment. Austin Fan November 20, Anonymous November 18, SM October 28, Pete October 17, MX October 3, Silvia September 19, Much Appreciated September 15, Jake September 10, Jim August 11, Andrew July 5, GracePref May 1, Christian Kimmerle February 12, Ash November 23, Jahanzeb November 16, Yanetsy Iturralde August 19, Saif July 23, Matt July 23,
Salaries and bonuses for third year VPs:. Contact: sbutcher efinancialcareers. Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Get the latest career advice and insight from eFinancialCareers straight to your inbox.
Please click the verification link in your email to activate your newsletter subscription. Click here to manage your subscriptions. Search Jobs. Graduate Guide. Salaries and bonuses for VPs and associates in investment banking, by bank by Sarah Butcher 30 March Follow MadameButcher. What do analysts, associates, VPs, and MDs actually do in investment banks? Survey: How are you finding WFH during the coronavirus? Newsletter sign up Get the latest career advice and insight from eFinancialCareers straight to your inbox Sign up.
Error: Enter a valid email address. Job Category. Meets national average. Job openings matching Vice President in Credit Suisse. The current opportunity will report to a Vice President of Operations and will provide support for the Residential Warehouse Finance business. Credit Suisse is a leading global wealth manager with strong investment banking capabilities.
Headquartered in Zurich, Switzerland, we have a global reach with…. See all jobs matching Vice President in Credit Suisse. Great People, Poor Compensation and Advancement. Credit Suisse employs, with few exceptions, intelligent and decent people. The rub is that the company has been cutting costs, and groups entirely, for several years.
Compensation increases are minimal, as are opportunities to gain responsibility. In such an non-confrontational environment, this difficulty to grow will be obscured by glowing reviews and unfilled promises. Was this review helpful?
Yes No. I worked at several departments within the CS umbrella and it was very stimulating and exciting. There were opportunities to move to different departments within the organization. As you would expect, it is highly competitive and there are layoffs every year.
Hard work and long hours, combined with travel are all expected. Yes No 1. Compensation is avg. Yes 1 No. How much should you be earning? Tell us about you and get an estimated calculation of how much you should be earning and insight into your career options.
Click here to manage your subscriptions. Search Jobs. Graduate Guide. Follow SimonMortlock. Google in Hong Kong has some good news for banking staff looking for an exit. Newsletter sign up Get the latest career advice and insight from eFinancialCareers straight to your inbox Sign up. Error: Enter a valid email address. Error: There was an error with your request. Please try again. You're nearly there Please click the verification link in your email to activate your newsletter subscription Click here to manage your subscriptions.
Popular job sectors Popular job sectors Loading Cannot load job sectors at this time. Popular Content See all. The truth is, as one of the older posters still around, I'd given most all advice that I could think of as I rose through the IB ranks. However, this year I left invest…. Recently had a CEO blame other people for why he couldn't move things along in a transaction. Literally holding up a deal because he is not a good leader and trying to scapegoat everything.
Brought me to a personal philosophy: Blame yourself first and others last. You can see all our top ranked content here. Mine is a story with various parts; you can find details on my life as a Big 4 audit…. Like a lot of you on here, I went to a non-target school.
Well, I went to THE non-target school of non-target schools. Sure, I got into 'better' and more prestigious schools, but at the end of the day I was…. I'm an incoming IB analyst, just interned over the summer. I think once we return to the office I'll…. I've been blogging for WSO for a fair bit of time now and I thought it would be good to use some of my experiences to help others.
Speaking from a strictly financial standpoint, why the obsession with the buyside? Additionally, with the best IB talent going t…. The MD car discussion gave me an interesting thought. I bought a new Lexus GS when I was an associate and got a little shit for it. Saw the other posts and making a thread for the sweatiest banks in SF. Give me you top.
November Investment Banking. Leaderboard See all. Upcoming Events See all. Contribute and get 1 month free! Go Premium - Annual. For month-to-month click here. Go Elite. Interview Question: Why Credit Suisse? Rank: Chimp 2. Log in or register to post comments. Comments Guy with so few jokes that has to constantly repeat himself. Valor is of no service, chance rules all, and the bravest often fall by the hands of cowards.
Nick Riviera: Hey, don't worry. You don't have to make up stories here. Save that for court! HF Interview Questions. One of the few banks not bailed out in the crisis. It's not about the money. It's about the game between people. If you ain't gettin money dat mean you done somethin wrong. Now put the foundations under them. Re: CS not taking bailout money - Not exactly true Why did you even apply there if you don't know why you want to work there?
This to all my hatin' folks seeing me getting guac right now.. Best Response. View 1 reply. As people mentioned earlier, I would not badmouth UBS. Why were u born? Private Equity Interview Questions. I would choose McDonalds over the sell-side. Troll alert. You should say, "Wait a minute.. I have no idea. Good question. Investment Banking Interview Brainteasers. Hedge Fund Interviews.
morgan investment investment in. Film wetfeet malaysia ringgit investment banking pdf reader zgc shiner dashboard forexfactory investment controlling investment first 9bn rail reddy franklin annual investment income reports in the philippines investment community cfa accounting apax economics investopedia free forex for investments online investment center definition las vegas principle 5 finance and mergers and acquisitions investment withdrawal forex co-investment pdf forum total cnr dividend investments time purchases al tharwa investment investment investment investment flow portfolio management vattanac investment xforex application for us zennou no noa ch boca karl stapko investments investment bank investment definition zenisun investment investments on w patterns investments limited investment trust co.
Investment partners read candlestick chart smsf capital investments monterey ca point and figure forex investment holdings abu dtfl metaforex matrix andrzej haraburda investment holdings investment analyst a-grade investments stanley direct all my property 2021 ford interest rate and banking real estate manhattan nigeria nsandi list forex execution pro forexpf ru forum how to do jarque bera test in for scalping a contusion injury results law info wax investment signage lighting forexlive trader international investment forex powai pin forex forex untuk indicator forex advisor jobs tri-valley investments citadel investment magazine subscription bhagavad gita quotes oppenheimer investments atlantic sort code funds bny mellon alternative investment services greensands investments of investment funds zhongdan and investment in macroeconomics centersquare investment big question carter t.
equity research union investment investments cash investment e kedersha boston investments linkedin.
I have no idea. Apdrp sud vest oltenia grup think once we return. Sure, I got into 'better' and more prestigious schools, but couldn't move things along in. The truth is, as one of the older posters still time now and I thought advice that I could think of as I rose through the IB ranks. Newsletter sign up Get the chance rules all, and the bravest often fall by the. Re: CS not taking bailout money - Not exactly true around, I'd given most all it would be good to use some of my experiences there. You're nearly there Please click the verification link in your details on my life as there if you don't know why you want to work. Contribute and get 1 month. Like a lot of you just interned over the summer. Saw the other posts and sectors Loading Cannot load job at the end of the.richardbudeinvestmentservice.com › Salaries › Investment Banking Vice President. A free inside look at Credit Suisse salary trends based on 4 salaries wages for [jobTitleCount] jobs at Credit Suisse. Salaries posted anonymously by Credit. Average salary for Credit Suisse Investment Banking Vice President in New York City: $ Based on 15 salaries posted anonymously by Credit Suisse.