Relationship Management Intern Review

by HSBC

Best Student Employer

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

2/5
  • The Role
    1.8
  • The Company
    2.2
  • The Culture
    2.1

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • Unfortunately I didn't enjoy the relationship management very much. Firstly, I didn't find the nature of the work very challenging or interesting and this is not a good place to start as a graduate as you only learn soft skills. On the other hand, the hours are good as is the pay so this is worth taking into consideration.

    1/5

  • 2. To what extent did you feel valued by your colleagues?
  • Although I got along with my colleagues, I didn't feel very valued by my colleagues. Very rarely was I given any proper work to complete and when i was given work it seemed more out of a need to occupy me rather than involve me in something that the team was working on.

    1/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • The whole team was very approachable and there was an absence of hierarchy across the division. Interns were encouraged to ask questions and seek help from across the team not just analysts and associates. There's also a mid-term review half way through the internship where your line manager gives helpful feedback on your past performance.

    4/5

  • 4. How busy were you on a daily basis?
  • Not very busy at all. The nature of the work completed by analysts seems to be mainly admin and this was difficult to delegate to interns and consequently I got involved in very little of the day to day work. The last 4 weeks the end of term project occupied the majority of what I did in the day.

    1/5

  • 5. How much responsibility were you given during your placement?
  • Not very much. I was required to do a summary of quarterly earnings reported by FIG clients and then distribute across the bank however aside from this I wasn't responsible for any other work.This problem seems to be exacerbated by the fact that its difficult to give any interns work in the first place that isn't a research project.

    1/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • i did not develop any hard skills you might have expected to learn in a banking internship such as using excel, bloomberg factset etc however the internship was very good for developing skills such as public speaking (workshop is organised and presenting project at the end) and also networking.This would be useful in any job but not necessarily studies.

    3/5

    The Company

  • 7. What was the general atmosphere in your office?
  • Pleasant, colleagues across the division seemed to get on and everyone was very helpful. As I said before, there was no obvious hierarchy, managing directors sat in the same area as analysts. Everyone was approachable, and while people did tend to focus on their work for the majority of the day, it was still a sociable atmosphere.

    4/5

  • 8. How well organised was the overall work placement or internship set up?
  • The organisation of the internship was extremely well structured by HR, they were very prompt with information before starting and organised lots of events throughout the internship. However, the organisation was poor on the desk, it seemed as if they weren't really sure what work to give interns and it was difficult to get a good understanding of what relationship management was.

    3/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • There was a week long training at the beginning of the internship which was taught with investment banking interns however the majority of what was taught wasn't needed to do the job in relationship management. There were a few useful sessions such as public speaking. Aside from that, very little on the desk training took place.

    2/5

  • 10. What were the perks on your work placement?
  • Subsidised Canteen

    Travel loan

    1/5

  • 11. How appealing are future employment prospects within the organisation?
  • Appealing for a banking job in terms of pay and hours. The hours tended to be around 8am until half 6 for graduates and the starting salary the same as IB grads however the job personally is extremely unappealing in terms of what you do throughout the day, I would go as far as saying that you are a glorified secretary for the first few years and as you only learn soft skills your career prospects seem to plateau quite early on.

    3/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • yes it was quite sociable, the hours lent well to being able to still have a social life in relationship management and HR organised quite a few intern events which meant you could socialise with interns from across the bank and not just the relationship management division. You were never required to work at the weekend so this was also a bonus.

    3/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • Very expensive but this is expected in London

    2/5

  • 14. What was the Nightlife like in the area you worked?
  • Canary wharf is quite bad but the rest of London is great.

    4/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • There was a volunteer day for the interns but aside from that no

    1/5

    Report this review

Details

Internship (1 Month+)

Investment Banking

London

September 2017


View More Reviews