If you are Senior, RUN! - Senior Software Engineer Natixis Employee Review

3.0
11 July 2022
Recommend
CEO approval
Business outlook

Pros

- for JUNIOR analysts the salary is not bad. It's indeed, a good opportunity to start working on IT field in one multicultural environment. - besides that, juniors and students (internships) are the profile they are investing all their effort, specially because of how much they cost. They will try to sell you a fantasy world, boosted by bealtyfull pictures on their social media, videogame rooms, colourful walls all around the building and and state-of-art events. - if that's what you want - your place is here!

Cons

- for SENIOR analysts, the salary is far below the market, which caused a massive resignation requests (specially on the last months). - because the senior turnover is so high, there will be always a lot of re-engineering on the projects, because even when there's some transition plan, some knowledge is always lost when an experienced engineer quit. - there's no way to renegotiate salary once you are internal - no matter how good you are, or how important you are for the business; they will not even try to retain you or to give you a decent raise. Some high profile managers, insist that the high amount of good technicians leaving the company is not a problem yet (but they can't be more wrong). - when a team lose a member, HR takes forever to replace the resource, causing overwork in all the crew. Many of them are not replaced at all. - many times, the few senior engineers left on the enterprise will act as technicals, tech leader, team leader and teaching the newcomers till the infinity... while the process repeat itself over and over.

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Natixis Response
2y
Thank you for taking the time to write about your experience at Natixis in Portugal. In Natixis, we truly appreciate feedback and transparency. It is key for us to have a clear vision of our employees’ insights and ideas, so we can create an increasingly better environment within our company. For this reason, we invite you to discuss your perspective with HR and/or your manager. Natixis appreciates your time.

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Cons

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1.0
11 May 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

A lot of easy transportation options.

Cons

I'll be direct: Natixis CIB's management has a serious disconnect from market reality, and a recent job posting ("IT compliance and finance manager") is a perfect example of it. They are advertising an L1 IT management role — a squad lead position — with a requirement list that would challenge a senior director at a top-tier bank. Python, SQL, Informatica, Business Objects, Power BI, Easymorph, Sybase, CI/CD, Agile, data modeling, requirements gathering, budget management, Steerco presentations, compliance oversight, and direct people management — all in one role, all expected simultaneously. The compensation attached to this does not come close to reflecting that scope. Not even close. This isn't an isolated posting. It reflects how Natixis routinely structures roles: overload the job description, underpay the hire, and then use performance management as a pressure valve when the person — predictably — can't do everything. I have personally seen talented, experienced managers placed into roles like this and then PIPs'd out when they couldn't deliver the impossible. The PIP process here is not a development tool. It is an exit mechanism dressed up in HR language. Leadership operates in a top-down, Paris-driven model that is slow to change and resistant to accountability. Decisions that should take days take months. Technology choices lag the industry by years — the tools listed in this posting (Informatica, Business Objects, Easymorph) tell you everything you need to know about the modernization roadmap. If you are a strong IT manager with real skills and real options, do not take this role at the pay they are offering. You will be stretched thin, undervalued, and held accountable for systemic failures that predate you. The market will pay you significantly more for less frustration.

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