Pros
Nothing else other than the miserable paycheck
Cons
A lot of things , lack of good morals, pompous senior management who care about none but themselves Associates and assistants are treated like worthless talent, and used as scapegoat for when things are off, and the executives can't even figure out certain things themselves because they refuse to keep up with the advancement of technology. I hope you have more than a minute to read this part, especially should you be considering working at this bank ( which you shouldn't, really): Only the heads of certain departments such as capital markets, private bank, and finance and operations are rewarded favorably. Yes, very true. The pay is insulting to one's work experience and skills, and you wouldn't have sufficient funds to actually enjoy life assuming you're not one of the aforementioned department heads. Blatant favoritism, nepotism, and they are a few officers and 1 associate, whom i shall not name that will address you differently due to the color of your skin; They will freely throw fake smiles your way, but when it comes to the real work, you will be underestimated, belittled, and held with no respect. Brief, you will be treated and spoken to differently if your skin is far from fair, and you are not a brunette nor blonde. Minimal compensation despite working hard and producing results; management does not care about employee satisfaction, and often secures a scapegoat in the event that something goes wrong. ( Too accurate) They will sugarcoat you on how great the bank is and opportunities for future advancement, but i hope you'll be smart enough to not believe them. The initial job responsibilities will be nothing of what you'll expect to do a few months in the role, you will end up doing more work, with no adequate guidance from the top heads who delegate it, or the necessary tools to perform the work demanded. No open door policy, you cannot express concerns or even ask for things needed to productively perform your work, you have no right and the decision is final, no discussion about it, you shouldn't even ask, just don't. The associates are unhappy, and If you are in an assistant position, it's even worse, worse, i tell you. No advocacy for the employees, because the only person who has the power to influence improvement refuses to do so for fear of losing her job, because she has "a mortgage to pay", so you just have to be silent and do as you are told, no collaboration, no open ground. This bank will continue to have a revolving door effect until the re-evaluate their morals, procedures, and HR. So many employees i've spoken with in my department and other departments have expressed unhappiness at their jobs, but they stay because they have bills to pay, and that is no way to live and work.