Pros
90% of the work is daily work - processing corporate actions. The benefit here is that once you leave the office, you're truly done a full day's work, without having to think about long-term projects, meetings, deadlines, presentations, etc looming over your head. The work can be stressful and fast-paced, but if you're able to keep up with the busy days, it's rewarding to be able to complete work constantly.
Cons
Pay is terrible. I've worked hard and gotten great performance reviews over the year and a half I've been here. I just got my "merit-based" raise of 2%. The company refuses to spend more money on its employees, and as a result, in the year and a half I've been here, I've seen at least 7 employees from different levels of my department leave in pursuit of better pay elsewhere.