Don't judge CRISIL solely by its name. The company comprises 4-5 major divisions, and your experience greatly depends on which one you are part of. Two years ago, I would have given CRISIL a 5-star rating, but today, it only merits 1 star due to several ongoing issues. For instance, there are concerns regarding transparency, as demonstrated by the sudden departures of the Chief Risk Officer (CRO), General Counsel, and Chief Human Resources Officer (CHRO). Turning to CRISIL Global Research & Risk Solutions (GR&RS), the company's global business and primary growth area, several unsettling trends have emerged: - A Global President was hired amid significant internal hype, only to leave abruptly with no discussion. - Over the last five years, there have been three different GRRS Presidents, all departing abruptly. - Numerous Directors and Senior Directors who were instrumental in building this business have been let go. - Despite management's talk of innovation, the reality is quite different. There has been little to no investment in centers of excellence, solutions, or intellectual property (IP). Many initiatives undertaken over the last five years have been wiped out. - While management emphasizes its commitment to areas like FCC, AML, and Ops Risk, the reality is that these practices are virtually non-existent. Most experts have either left or crying for help on LinkedIn. These issues can be traced back to a lack of direction and poor management. Individual "yes-men" are leading the show, and if you value independence and the ability to effect change, you're at high risk. Many individuals who have left GRRS have gone on to start their own firms and are experiencing greater success. While CRISIL may offer a great workplace title, a splendid building, events, and dinners, these perks only hold value if job security is assured. Otherwise, you're likely to encounter the same set of issues. In my opinion, it's best to stay away from GR&RS. It's worth noting that many of the one-liner reviews are often contributed by interns or newcomers to CRISIL, making this their first experience with the company.
