Credit Suisse plans to hire 1,000 IT employees in India in 2021


Pune: Credit Suisse AG plans to hire more than 1,000 IT employees in India this year, as part of its strategy to make the country its centre for technology innovation globally.

About 25% of Credit Suisse’s IT staff is in India, the highest globally.

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The hiring plan is a continuation of Credit Suisse’s India growth strategy that has seen the Swiss financial services firm hire 2,000 IT employees in the last three years, according to a statement. The new hires would include developers and engineers, who have capabilities in emerging technologies such as cybersecurity, data analytics, cloud computing, API, Machine Learning and Artificial Intelligence that are anchored in Agile and DevOps delivery methods, to support the bank’s digital aspirations.

Credit Suisse’s goal is to leverage the large pool of skilled technology talent available in India, to further enhance its in-house core capabilities. The bank is focused 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 around the world.

“This year’s hiring plan highlights our (Credit Suisse’s) continued commitment to India, particularly to Maharashtra, and supports Credit Suisse’s vision to establish our operations here as a global technological hub,” John Burns, head of India IT and senior franchise officer at Pune, said in the statement. “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.”

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Prashant Bhatnagar, global head of experienced recruiting for technology, said: “As we continue to build our footprint in India, we want to attract the best IT talent to join our vibrant community of professionals.

“We provide our employees with a dynamic environment that fosters skills development and knowledge-sharing, and we provide opportunities for engineers and developers to be at the forefront of technology and innovation,” he added.

As an employer of choice, Credit Suisse is fully committed to diversity and inclusion, and enhancing its culture of collaboration to foster skills development and knowledge-sharing.

John Burns added: ““The pandemic has accelerated the use of digital solutions across many areas. We have effectively employed collaboration tools to enable seamless external and internal communication to support teamwork and effective delivery.”

Covid-19 second wave

As India continues to battle the second wave of the Covid-19 pandemic, Credit Suisse recently committed Rs 7.5 crore ($1 million) in aid to Concern India Foundation and GiveIndia, to provide assistance to hospitals in Mumbai, Pune, Delhi and Bengaluru.

This commitment is in addition to a fundraising appeal launched among its staff, matched by the bank through a separate donation, which has raised more than Rs 2.8 crore so far for GiveIndia’s India Covid Response Fund.

The bank continues to prioritise the health and well-being of its staff with ongoing measures that include a virtual and contactless new joinee onboarding process, flexible remote working arrangements, a ‘Working Parents Support Program,’ paid family leave, and 24×7 helplines and wellness coaching to ensure employees and their families are well-supported through the pandemic.

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