BNP Paribas
3.2 of 5 371 reviews
www.bnpparibas.com Paris, France 5000+ Employees

BNP Paribas Reviews

Updated Jun 12, 2014
All Employees Current Employees Only

3.2 371 reviews

                             

75% Approve of the CEO

BNP Paribas CEO and Director Jean-Laurent Bonnafé

Jean-Laurent Bonnafé

(110 ratings)

60% of employees recommend this company to a friend
35 Employee Reviews Back to all reviews
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    Choose wisely!

    Director (Former Employee)
    New York, NY

    ProsNone that I can think of

    ConsToo many to list - just read the financial news

    Advice to Senior ManagementFOLLOW THE REGULATION

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    3 people found this helpful  

    Bureaucratic and frustrating; incompetence is acceptable

    Anonymous Employee (Former Employee)
    New York, NY

    ProsSome well qualified and hard working colleagues

    ConsFrench laissez-faire: it's not my problem. They have little competence, no urgency, and no accountability. For them, vacation is the most important aspect of work.
    French misunderstanding of American business. Provides French -level standards of customer service and quality (low, during European time zone) even when told this isn't competitive with U.S. competitors.
    French-installed leaders manage upward, not downward

    Advice to Senior ManagementSeparate US businesses from French operations.

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Watch your back!

    Structured Finance (Current Employee)
    Jersey City, NJ

    ProsEventually you can go home

    ConsIf not French, you will never have a career or chance, management not the brightest, its all a CLUB

    Advice to Senior ManagementGet out of the way

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    1 person found this helpful  

    Cut Throat Environment

    Anonymous Employee (Current Employee)
    New York, NY

    ProsA European company so everyone gets great vacation time.

    ConsUpper management pressures sales teams to bring in book of business. Traders must make money fast or they are out. Can't use all your vacation days.

    No, I would not recommend this company to a friend

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    Too french!

    Business Analyst (Former Employee)
    New York, NY

    ProsNone not much goof pay if your french

    ConsAlot if your not French

    Advice to Senior ManagementCommunication try it

    No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

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    2 people found this helpful  

    The New York Branch reflects the opposite of BNPP values

    Vice President (Current Employee)
    New York, NY

    Prosclose to public transit options in NY

    ConsSome departments, including HR and Audit/Compliance do not follow whistleblower framework policies. In fact, several auditors have been terminated after discovering major compliance issues in US and latin america. Poor outlook for the parent holding company if these issues continue.

    There are several issues oh how the Jersey city branch is run. New employees are not regularly reported as new hires to NJ division of labor, and due to on-going reorganization, when there is a layoff, NJ has no record of your employment at BNP. Keeping in mind that they are moving hundreds of IT and operations jobs from NY/NJ to Montreal, this creates an issue.

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    3 people found this helpful  

    Egotism is the real barrier, not language

    Assistant Vice President (Current Employee)
    New York, NY

    ProsHealth Insurance offers great mail prescription service. You'll need to be on good medication to work here. Flexible spending and 401K are like every other company.

    ConsAs far as working in the U.S. office goes, don't expect to advance unless you: have European and/or dual citizenship; excel at ugly politics/bureaucracy; or you're a pro at metaphorically cutting throats. Leadership in the U.S. office is heavily non-American and follows the empirical style of management. It's a very "shut up and smile while you do as I say" operation. Executives are mostly European or French Canadian. Feels like one out of eight employees is a group head of some kind, but it's really not saying much. Self-absorption and connivance are key themes: Lots of condescension; too many hands in the soup with very little group cohesiveness; overflow of throwing people under buses (figuratively) in order to please higher ranks who sit on imaginary thrones and speak in the language of pomp, judgment, and self-entitlement.

    Parent office is in Paris, and step-parent office is in London... both are very confusing and mind-numbing when involved in discussions and authorization requests (you have to go through both before anything gets close to starting to get done). But oddly enough, neither office is half the migraine as the U.S. office. You'll only know the French global CEO from pictures, video clips, and the words of the select few U.S. senior management allowed to meet him. The North America CEO is a robotic French national with the personality of a dull doorknob who, like any other sociopath, thrives on feeling bigger than everyone and demands sycophant yes- men and women in his circle. Laugh when he laughs, part like the Red Sea and/or bow down when he walks into a room, and tell him how wonderful he is.

    Work/Life balance is a joke of epic proportion. I'm not saying it's a badge of honor, but you get bad looks when you don't tend to your blackberry before 6am, when you're not in the office before 8am and out after 6:30pm, and especially when you're not available at your manager's every beck and call throughout a 24hr day. Whether you're married or single, make sure to factor out 1-3hr driving/subway commute and 5-7hr sleep for yourself, because you are expected to breathe and live for this company and nothing/no-one else all other times. This company deserves less than zero stars for leadership and staff morale.

    Advice to Senior ManagementBeing cc'ed in every one of your staff's emails (while you're out of office for many weeks traveling to extravagant conferences and socially exclusive events) does not make you an effective manager. Neither does barking your powers and orders, hiring outside firms or delegating those below your pay grade to do the work you should be doing yourself. Get over yourselves.

    No, I would not recommend this company to a friend

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    Fixed income trader

    Trading Associate (Current Employee)
    New York, NY

    Prosmore flexibility to trade different products

    ConsWorst pay ion wall street, bad atmosphere because of low comp. Any good traders leave to other shops.

    Advice to Senior Managementretain talent, promote within and compensate the junior more appropriately.

    No, I would not recommend this company to a friend

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    only works if you are French

    Anonymous Employee (Former Employee)
    New York, NY

    ProsLots of vacation days, good benefits.

    ConsGood place to be if you are french. Otherwise there is little chance of getting promoted to higher levels with any sort of decision making powers.

    Advice to Senior Managementtry to be more diverse

    No, I would not recommend this company to a friend

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    • Work/Life Balance
           
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    BNP has steadily declined in it's treatment of non-management employees

    Systems Engineer (Current Employee)
    Jersey City, NJ

    ProsOutside vendor benefits are abundant

    ConsCareer growth is stunted over office politics

    No, I would not recommend this company to a friend

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Glassdoor is your free inside look at BNP Paribas reviews and ratings — including employee satisfaction and approval rating for BNP Paribas CEO Jean-Laurent Bonnafé. All 35 reviews posted anonymously by BNP Paribas employees.