Group Finance & Risk has serious problems - Project Manager HSBC Employee Review

2.0
2 Dec 2018
Recommend
CEO approval
Business outlook

Pros

Pro’s : -Allow working from home -Plenty of opportunities, vast technology and regulatory related development work ongoing

Cons

- serious racism issue across finance change. 95% of staff and contractors are white. The 5% of minorities that are hired are not supported , tend to get bullied and this has led to a culture of aggressive, ruthless behaviour from the handful of people from minority groups, that have made it into senior positions. - very aggressive culture. If you are Asian , Black or Latino there is little chance of succeeding . There is a strong culture of racism particularly in global finance change . - white managers do not support the minorities, despite them bring less than 5% of the department. They don’t enjoy coaching or encouraging staff from minority groups and don’t have any concept of the challenges those minorities face when it comes to voicing ideas, trying to get a plan in place to deliver on a project. It is only possible to get any momentum from the wider teams when a white person is leading. - I have seen that many of the white management did not go to university, but worked into senior positions after several years at the bank. They have serious issues with diversity and don’t even tend to speak to people from minority groups. They aren’t the most sophisticated or cultured. Leadership in the modern sense , is non existent. They openly speak about votng UKIP and Brexit.

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5.0
2 Apr 2026
Recommend
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Pros

Good stuff, i enjoyed it.

Cons

less products available compared to US Banks

2.0
15 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Good, smart colleagues in other offices.

Cons

At times, decisions appeared to prioritize individual objectives over team needs, which affected collaboration and morale. Greater consideration of team perspectives and shared goals would help build trust and engagement. I observed instances where expectations communicated to the team were not consistently reflected in leadership actions. Greater consistency between stated values and day-to-day decisions would strengthen credibility and confidence within the team.

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