BNP Paribas

  www.bnpparibas.com
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BNP Paribas Reviews

Updated June 12, 2014
Updated June 12, 2014
389 Reviews

3.2
389 Reviews
Rating Trends

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BNP Paribas CEO and Director Jean-Laurent Bonnafé
Jean-Laurent Bonnafé
118 Ratings

Review Highlights

Pros
  • Really friendly place to work with a great approach to work life balance (in 42 reviews)

  • Relaxed work environment with the opportunity to learn (in 25 reviews)


Cons
  • Not enough people to perform the necessary work; not a good work-life balance (in 15 reviews)

  • Long hours (it's banking, what do you expect) (in 9 reviews)

More Highlights

37 Employee Reviews Back to all reviews

Sort: Popular Rating Date
  1.  

    Choose wisely!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Director  in  New York, NY
    Former Employee - Director in New York, NY

    Pros

    None that I can think of

    Cons

    Too many to list - just read the financial news

    Advice to ManagementAdvice

    FOLLOW THE REGULATION

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 3 people found this helpful  

    Bureaucratic and frustrating; incompetence is acceptable

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    Pros

    Some well qualified and hard working colleagues

    Cons

    French 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 ManagementAdvice

    Separate US businesses from French operations.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3. 1 person found this helpful  

    Watch your back!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Structured Finance  in  Jersey City, NJ
    Current Employee - Structured Finance in Jersey City, NJ

    Pros

    Eventually you can go home

    Cons

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

    Advice to ManagementAdvice

    Get out of the way

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
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  5. 1 person found this helpful  

    Cut Throat Environment

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  New York, NY
    Current Employee - Anonymous Employee in New York, NY

    Pros

    A European company so everyone gets great vacation time.

    Cons

    Upper 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.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6. 1 person found this helpful  

    Too french!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Business Analyst  in  New York, NY
    Former Employee - Business Analyst in New York, NY

    Pros

    None not much goof pay if your french

    Cons

    Alot if your not French

    Advice to ManagementAdvice

    Communication try it

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  7. 2 people found this helpful  

    The New York Branch reflects the opposite of BNPP values

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    Pros

    close to public transit options in NY

    Cons

    Some 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.

  8. 3 people found this helpful  

    Egotism is the real barrier, not language

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Assistant Vice President  in  New York, NY
    Current Employee - Assistant Vice President in New York, NY

    Pros

    Health 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.

    Cons

    As 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 ManagementAdvice

    Being 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.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  9.  

    Fixed income trader

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trading Associate  in  New York, NY
    Current Employee - Trading Associate in New York, NY

    Pros

    more flexibility to trade different products

    Cons

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

    Advice to ManagementAdvice

    retain talent, promote within and compensate the junior more appropriately.

    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO
  10.  

    only works if you are French

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Anonymous Employee  in  New York, NY
    Former Employee - Anonymous Employee in New York, NY

    Pros

    Lots of vacation days, good benefits.

    Cons

    Good 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 ManagementAdvice

    try to be more diverse

    Doesn't Recommend
    No opinion of CEO
  11.  

    BNP has steadily declined in it's treatment of non-management employees

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Systems Engineer  in  Jersey City, NJ
    Current Employee - Systems Engineer in Jersey City, NJ

    Pros

    Outside vendor benefits are abundant

    Cons

    Career growth is stunted over office politics

    Doesn't Recommend
    Disapproves of CEO

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