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Close Brothers Reviews

Updated 16 January 2018
72 reviews

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3.1
StarStarStarStarStar
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Preben Prebensen
37 Ratings

72 Employee Reviews

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Pros
  • Great work life balance for an FS company (in 10 reviews)

  • Very flat structure - lots of access to senior leadership and a focus on innovation (in 5 reviews)

Cons
  • With quite a lot of change at the senior management level, progress through the ranks is slow (in 10 reviews)

  • Internal career progression can be difficult (in 5 reviews)

More Pros and Cons

  1. "Best company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Close Brothers full-time

    Pros

    Incredible company-great career progression and amazing talent and people. Fair working hours and lovely people!

    Cons

    Perhaps lower salary than market but offset by location in wimbledon and good working hours


  2. "Little room for progression"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Credit Underwriter in Sheffield, England
    Former Employee - Credit Underwriter in Sheffield, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at Close Brothers full-time (More than 3 years)

    Pros

    Good benefits. Strong, stable brand.

    Cons

    Weak opportunities for internal progression. Over-reliance on contractors. Increasingly high turnover.

    Advice to Management

    Offer internal employees opportunities to support project work, instead of always contracting.


  3. "Avoid these parasitic scum"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Disapproves of CEO

    Pros

    There aren't any. They are theives

    Cons

    Will help themselves to your bank account

    Advice to Management

    Drop dead


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Helpful (2)

    "Honesty is the best policy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at Close Brothers full-time

    Pros

    Fruit.. occasionally social gatherings.. they are aware of the issues internally (which is good.. but will lead me on to the cons)

    Cons

    Company wastes money on things they don’t need instead of investing it wisely in the office..
    There are certain staff here who have been here for a while that tend to look down on you, which isn’t nice..
    It’s not a very helpful environment, people just expect you to know but what they don’t realise there’s so many historical issues where people haven’t done their job properly you have to sort that out before you get to your own job.
    Management isn’t the greatest.. not sure where they find them..
    It’s hard working here.. I don’t feel much of a balanced lifestyle.. the more conscious you are the more will get chucked at you to do. Instead of them thinking hang on we need to ensure everyone needs to be working at this standard not just the one or two in the department

    Advice to Management

    Be kind. Be mindful. Treat people how you would like to be treated.


  6. "Account manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook

    I worked at Close Brothers full-time

    Pros

    Great job and building relationships
    Great flexibility

    Cons

    targets are achievable, when more than 2 thirds of the staff don't achieve month on after month, you have to be really motivated to keep going

    Advice to Management

    Review unrealistic targets


  7. Helpful (1)

    "Worst place I've ever worked"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager in London, England
    Former Employee - Relationship Manager in London, England
    Doesn't Recommend

    I worked at Close Brothers full-time

    Pros

    Free fruit, social events, free beer on a friday. Not a bad pay for someone who has no degree or brains.

    Cons

    The property finance division consists of mostly poorly educated staff, who spend most of their time down the pub, talking about gutter tv, and derogatory convesations ,and if you don't fit into this culture then you won't last long.
    This bank is not like other banks in the city where you will find a range of smart international staff with degrees, mba's and masters.
     This is very much full of people from essex with no degrees, who spend the day talking about footy, big brother, I'm a celebrity, eastenders , and engaging in highly sexist conversations etc.
    I really would not recommend working here for those of you who actually have a brain, and want to use it. There are no female staff members that hold any senior position, and I mean not even a relationship manager. This very much sums up how sexist it is, I have heard from staff members some horrifyingly sexist incidents that have happened at this bank, and am actually surprised they havent had a lawsuit yet.
    I was warned about working here before joining, but unfortunately didnt listen.
    You are very much judged by how you fit and not by your intelligence or the work you do.

    Advice to Management

    You need to move into the 21st century, and invest in better staff.


  8. Helpful (1)

    "Self-promoters welcome"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in London, England
    Current Employee - Business Analyst in London, England
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I have been working at Close Brothers full-time

    Pros

    Good Bonus. work -life balance , friday drinks, free fruit, tea-coffee

    Cons

    If you have a non-British accent, this place is not for you in the long term. Laugh to your manager' jokes and self-promote yourself. If you are someone who expects your work to speak for you, you are in the wrong place. Better be good at showing off power point presentations, that's all that matters. Senior management is polite but snobbish. Dress smart since they are quite judgemental about formal dressing.

    Advice to Management

    Diversity should not be just a tick in the box. Treat people not educated in UK with the same respect as those educated in the UK. These people are probably far superior in skill set if there is here after several obstacles. Flexibility is promised on paper but does not exist.


  9. "Close Brothers - Great place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Manager in Manchester, England
    Current Employee - Manager in Manchester, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Close Brothers full-time (More than 10 years)

    Pros

    The Vision & Values within the business represents the culture very well.
    Very exciting place to work with very regular career opportunities for progression.
    Great place for successful sales people - hard work certainly rewarded.

    Cons

    None that immediately spring to mind

    Advice to Management

    Keep looking after the people side of the business - it's the people which makes Close a great place to be.


  10. Helpful (3)

    "A bit like a chained gang"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I worked at Close Brothers full-time

    Pros

    1.Free fruit basket offered daily

    2. Able to surf the Internet looking at sports gear and watch BBC football all day as long as you're quick enough to minimise them when someone walks by.

    3. Unlimited amount of toilet breaks allowed depending on which team you work under.

    Cons

    1. Complete lack of a meritocracy culture - you will go far as long as you know how to talk up the pointless meetings you've been attending all day, try to sound as if you're extremely busy all the time seems to be everyone's modus operandi.

    2. Close mindedness - always the same approach in tackling issues, irrespective of relevance. There's no root cause analysis performed when approaching a problem.

    3. Behind the times (way) IT systems- am sure this is THE common theme for current employees and leavers alike.

    Advice to Management

    Try your best to differentiate your real workers from lazy mouthpieces


  11. "Great company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Close Brothers full-time (More than a year)

    Pros

    Family feel in the offices, strong worth ethic across the group, forward thinking colleagues.

    Cons

    Communication between different business lines needs to be stronger.
    The central functions need to ensure they fully listen to the needs of the businesses.

    Advice to Management

    Ensure top leaders understand what our local offices do and why they do it.


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