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HSBC Employee Reviews in Vancouver, BC

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HSBC provide ample opportunity to work with different unit groups and increase your learning curve. Interaction with senior management takes oftenly and they welcome your opinion and ideas.
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Very poor and selfish management. Managers act very bossy and are not helpful. All they care about is sales and numbers. Working there does not feel like making a difference in client's lives financially. It feels like we're just getting them to buy products that may or may not help them.
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Work isn’t rewarded appropriately Everyone is ensuring their job-security No-one cares about onboarding Temporary job-contracts are prevalent and most of the jobs are outsourced
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Current Department very stressful to work for. Many coworkers found HSBC more positive to work for once they left current department. Very supportive employee research groups outside of regular work.
Pros
Top End Campus for work
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1) multiple task, heavy work load 2) Canadian banking basic knowledge 3) less team work spirit 4) diversification 5) lots of young people: energetic
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They will hire en masse when they need to clear a massive backlog. Layoffs are regular affairs globally. However, it is a good place to gain exposure working for a global bank. After HSBC, you would be able to tell which FIs are good for your career. Use your time there as a measure.
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Good company to work with. Nice people in the company. Sometimes there would be backlog at work and you need to work overtime to finish the tasks. Overall good work-life balance.
Pros
N/a
Cons
N/a
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While I admired my own manager, most colleagues had learned to be cynical of the various top-down initiatives that would be rolled out with great fanfare and expense only to be discarded once the one-size-fits-all solution somehow fails to produce the expected advantages. There's virtually no room at all for individual initiative, unless you count one's choice to work truly punishing hours. Eventually everything gets done using the lowest common denominator of the business world - Excel. Status reports, team collaboration, models, the tool to track all your Excel worksheets - it all happens in basic vanilla Excel. Or Powerpoint. If you want to develop other skills to remain relevant you do it on your time and your dime, and at your own risk. If it works, you might be able to go home at a sane time. If not...
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2-week sprints are very rushed. Management was very tight on money, and there was not much team culture and minimal milestone celebrations. Not many opportunities for career advancement if you are hired as a contractor.
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stressful. would not want to work there again.. glad to have left there .. . have no intention of ever working there again. did not like the the stressful environment
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Have worked for HSBC for 15 years. Great international organization to work for. You will be paid fairly and this is a fast paced organization. Be ready to be challenged constantly.
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HSBC has been on a significant cost-cutting program for nearly 6 years now. It's the same old year after year cutting FTE around 150 per year and bring people back the following year because they cut too many people. I was with HSBC for 15 years and finally left because the environment is absolutely disgusting. Because of nonstop layoffs in the Vancouver office - everyone is throwing each other under the bus to try and save themselves. On top of that, the situation has become so dire that Management has started communicating to all managers that they need to artificially lower staff ratings to poor performers because they do not have any budget to continue laying off staff. This now creates a false image of staff being poor performers so they can be let go with just cause. This needs to be clearly communicated to all staff to ensure appropriate legal action is taken. This year specifically management was pushing "Project Oak" which essentially made all staff hunt down individuals to cut. It's become a circus and almost sad as all management is throwing each other under the bus to try and save themselves. I know of 5 individuals who have launched lawsuits directly with HSBC Bank Canada - and they have now produced lie after lie to try and hide their behavior. My suggestion is for everyone to stay clear of this mess.
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A typical day at work includes deploying logical servers for development as well as production, resolving technical issues, and joining triages with project stakeholders. It was a worthwhile experience being able to collaborate with a team of IT professionals in achieving project targets utilizing new technologies.
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It is stressful since it is client facing but also challenging at the same time. There is a lot to learn however the branch its busy so really need to be hands on.
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HSBC is one of the world’s largest banking and financial services organisations. They serve more than 40 million customers through four global businesses: Retail Banking and Wealth Management, Commercial Banking, Global Banking and Markets, and Global Private Banking. Their network covers 65 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America. They aim to be where the growth is, connecting customers to opportunities, enabling businesses to thrive and economies to prosper, and ultimately helping people to fulfil their hopes and realise their ambitions.
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Worked there for 12 years in different teams. Majority of myteam (over 50 people) got let go this year, with another team i used to be going to be cut at the end of the year, which is a very common theme in the bank as over 500 people have been let go over the last few years so there is 0 job security and they don't try to retain their employees by re positioning them. Most managers are old and/or don't know how to manage their teams, only know how to shift blame and push for artificial numbers.
Pros
Decent benefits/work life
Cons
Lots of idiot middle managers, low pay compared to other banks, hard to move up, teams can get offshored at any minute
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The offices in Vancouver, CA, are more than ok. Lovely views of downtown. The workload is totally manageable. Management is ok. Workplace culture is relaxed and supportive. No hardest part. Seriously. Most enjoyable part is its location and the building itself.
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I did not have a positive experience and would not want to comment about it. I would not recommend this as a good work place. Poor training, no team work.
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Good organization to work for. Management genuinely cares about it’s employees but it is a big beast of an organization and often impacted by its global reach.
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Agile environment, morning stand up meetings, backlog grooming sessions, sprint planning meetings Learned pure agile project life style Management was very friendly and ready to help Very friendly environment
Pros
Good paid, good food court
Cons
Commute
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Reason of learning cause of cutting budget. You have to go above and beyond your role all the time. It forces you to learn in a short time period but never get compensated for all the extra work
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