Close Brothers Reviews | Glassdoor.co.uk

Close Brothers Reviews

Updated 7 March 2019
110 reviews

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3.4
StarStarStarStarStar
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Recommend to a friend
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Preben Prebensen
55 Ratings

Employee Reviews

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Pros
  • "Good work life balance and flexible working options" (in 16 reviews)

  • "great culture, flat structure, very engaged" (in 7 reviews)

Cons
  • "With quite a lot of change at the senior management level, progress through the ranks is slow" (in 11 reviews)

  • "Lack of career progression in current role" (in 7 reviews)

More Pros and Cons

  1. "Brilliant place to work"

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

    I have been working at Close Brothers full-time (More than 5 years)

    Pros

    Strong leadership team, lots of consultation with employees at all levels. (Employee engagement survey taken v. seriously)
    Nice size, easy to add value and a flat management structure
    Good work life balance and flexible working options
    Well supported to develop professionally and personally

    Cons

    Internal communications could be better


  2. "Good place"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business in London, England
    Current Employee - Business in London, England
    Recommends
    Positive Outlook

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

    Pros

    Nice place, fruit basket each week, lots to do

    Cons

    Can be a bit slow to change at times

    Advice to Management

    Be a bit more agile and responsive

  3. Helpful (1)

    "Outdated and secretive"

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

    I have been working at Close Brothers part-time

    Pros

    Drinks trolley on a Friday
    Decent salary - although others are unhappy
    Good work/life balance

    Cons

    Management don't really care about employees
    Horrid HR department
    Unclear strategy
    Old-fashioned beyond compare

    Advice to Management

    Be kind to your employees - listen to them


  4. "Standard"

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

    I have been working at Close Brothers full-time (More than 3 years)

    Pros

    Good benefits for size of company

    Cons

    Lack of support and decent management

    Advice to Management

    ...


  5. "Good place to work"

    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

    Good place to work, nice culture and people, staff are well looked after

    Cons

    Technology and systems could be updated

    Advice to Management

    Update technology


  6. "Great Bank"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Close Brothers full-time

    Pros

    Big company with a very good benefits package. Very good socials.

    Cons

    Tough performance requirements, balanced with very good financial rewards.


  7. "Treasury banking opertions executive"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Treasury Banking Operations Executive in London, England
    Current Employee - Treasury Banking Operations Executive in London, England
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at Close Brothers full-time (More than 3 years)

    Pros

    fairly decent bank to work for

    Cons

    career development slow at times

  8. Helpful (1)

    "Business Operations Administrator"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Close Brothers full-time

    Pros

    My job at Close Brothers Premium Finance was my very first office job.
    My job role was a Business Operations Administrator.
    The managers were flexible and the company had a good structure in place, which made me feel valued.

    Cons

    I felt that from January 2015 to May 2016 there wasn't many opportunities for progression within the company.


  9. "Great history, Uncertain future"

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

    I have been working at Close Brothers full-time (More than 5 years)

    Pros

    CBG has a phenomenal HISTORY of sustainable, profitable growth coupled with its HERITAGE of championing entrepreneurs and small businesses in the UK.

    Cons

    Growing concerns among staff of an excessive focus on quarterly results without any clear strategy or investment in the future. Clear instances of over reliance on past performance as an indicator of future success. Concern among staff that the number of recent changes/exits among senior management and business units, reflecting disagreement about the future direction of the Group, particularly as staff view many recent appointments by Risk/Credit as appointing allies, rather than talent in the industry, thus avoiding challenge on the status quo.

    Advice to Management

    Difficult to say. The courage to listen to all voices without putting them down - recognition that junior staff want to be a part of the future and that they will do whatever it takes to make CBG the best place to work and succeed. Stop making token efforts in this regard and really empower staff by encouraging the challengers as well as those who simply. Strike a better balance between commercial ambition and risk management. Realise that diversity isnt just about gender, especially if those men and women are from the same corporate backgrounds with the same ideas, experience and beliefs.


  10. "Business Operations"

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

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

    Pros

    - Great progression and support from managers

    Cons

    - Little opportunity for socialising within teams