A very risky career move - Anonymous employee SWIFT Employee Review

1.0
16 Nov 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good work-life balance compaired to most companies in the IT sector these days. Nice office environments always in pretty good locations (but some country offices are out in the sticks including the belgian headquarters here in LaHulpe). High quality peers who genuinly want to perform their best and improve things. International team.

Cons

Senior management has lost the plot in regards to company direction. Company somewhat arrogant and refuses to see that SWIFT SWIFT is increasingly non-relevent beyond BIC directory and FIN service. Commercial side just cannot see this. Dated technology means you won't learn as many markatable IT skills. This will be a problem for peple leaving SWIFT. Increasingly downsizing operational staff such as IT and support to low-cost countries to save money at the expense of quality. Used to have a policy of FNAO (Failure Not an Option) but cost cutting means customer impacting screw ups are frequent and most definately a valid option to senior management. Power games and rank pulling becoming part of daily life. Lots of bad managers with no skills making decisions they aren't qualified to make who don't support their subordinates.

Explore other reviews about SWIFT

5.0
2 June 2026
Anonymous intern
Recommend
CEO approval
Business outlook

Pros

It’s wonderful to work at. Great benefits

Cons

None that I can really think of

2.0
29 May 2026
Recommend
CEO approval
Business outlook

Pros

Nice offices. Great colleagues. Interesting work. Truly great healthcare International travel

Cons

Poor senior management and too many middle managers Terrible performance management approach related to who you know not what you do. Good engineers are leaving because there are no promotions and the pay has fallen far behind other companies

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