Pros
Almost impossible to get fired. Bank continues to cut affiliates headcount and sending jobs to low cost areas such as Chennai India, Piittsburgh, Florida.The US staff always needs to babysit the India staff and redo the work because they are incompetent. Nothing will change because the CIO is from Chennai.
Cons
While business continues to do well(so we are told constantly) management continue to cut headcount while signing more complex customers and the pressure on remaining staff is horrible. The promotion process is a joke. It takes 3 months a year and multiple committees to review all promotions. If you are lucky to get promoted do not expect more money. You should be happy they gave you more responsibility and your family never sees you.