Credit Suisse plans is gearing up to expand its team of information technology experts in India, by at least a 1,000 in 2021. Clearly, the Switzerland-based global financial services company and investment bank is serious about establishing India as a centre for technology innovation across the bank globally.
The new hires will comprise developers and engineers with talent in emerging technologies, such as cybersecurity, data analytics, cloud, API development, machine learning and artificial intelligence that are anchored in Agile and DevOps delivery methods, to support the Bank’s digital aspirations.
Over the last three years, Credit Suisse has hired 2,000 IT people in India. It has been focussing on nurturing local leaders within India IT and basing global roles in the country that have accountability and ownership for end-to-end delivery of IT solutions and services to the Bank’s businesses worldwide. Not surprisingly, India accounts for almost 25 per cent of the Bank’s global IT staff, which is the largest footprint of any Credit Suisse location globally.
John Burns, head India IT and senior franchise officer, Credit Suisse, Pune, says, “This year’s hiring plan highlights our continued commitment to India, particularly to Maharashtra, and supports Credit Suisse’s vision to establish our operations here as a global technological hub. To support the growth of our IT presence in India, we believe empowering our employees to lead global delivery and drive innovative solutions enhances value creation and productivity for the bank globally.”
Prashant Bhatnagar, global head of experienced recruiting for technology, reveals that the Bank wishes to “attract the best IT talent to join its vibrant community of professionals.” He goes on to share that the Bank provides its employees with a “dynamic environment that fosters skills development and knowledge-sharing” and “provides opportunities for engineers and developers to be at the forefront of technology and innovation.”
As part of its recruitment programme to attract the best technology talent, the Bank hires from premier engineering and management colleges across India, with a focus on entry-level talent who have up to a year’s experience. Credit Suisse offers an intensive Technical Analyst (TA) Programme, that targets the best applicants from top tier technology schools. Nearly 100 TAs across the 2-year rolling programme are able to gain exposure to the latest technologies within an environment that fosters building of knowledge in financial services. Credit Suisse is committed to its diversity and inclusion agenda too. With over 40 per cent women, the programme offers opportunities to high-quality female technology talent. These TAs have the opportunity to organise large-scale global events held by the Bank such as CodeIT Suisse and Global Coding Challenge, hosting almost 20,000 participants from the best universities across the world.
The Bank has committed INR 7.5 crores to provide assistance to hospitals in Mumbai, Pune, Delhi and Bangalore for obtaining critical medical supplies. Together with its staff, the Bank has managed to raise over INR 2.8 crores till date, for GiveIndia’s Covid Response Fund.