BNP Paribas
3.2 of 5 334 reviews
www.bnpparibas.com Paris, France 5000+ Employees

BNP Paribas Reviews

Updated Apr 15, 2014
All Employees Current Employees Only

3.2 334 reviews

                             

79% Approve of the CEO

BNP Paribas CEO and Director Jean-Laurent Bonnafé

Jean-Laurent Bonnafé

(94 ratings)

61% of employees recommend this company to a friend
334 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Really friendly place to work with a great approach to work life balance"
    in 36 reviews
  • "Relaxed work environment with the opportunity to learn"
    in 24 reviews
Cons:
  • "No work life balance: Frequent need to stay OT till as late as 11pm"
    in 11 reviews
  • "This is true and the bank's major decision making is centralized from Europe"
    in 8 reviews
  • Show more review highlights

Reviews

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  • No Opinion of CEO

1 person found this helpful  

Good place to work

Anonymous Employee (Former Employee)
New York, NY

I worked at BNP Paribas

ProsNice place to work. Professionals are very nice and a great place to start a career as whole. Highly recommended.

ConsSometimes I was not able to interact with other divisions in the firm so it was difficult to learn about anything but the group you are in.

Advice to Senior ManagementShow some interactions with the entry-level people as it is important to for the inexperienced to learn from the experienced.

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1 person found this helpful  

Not a great palce to work

Associate (Former Employee)
New York, NY

I worked at BNP Paribas

ProsLaid back, relaxed, come in anytime, can go out anytime, free and easy, chilled out culture, everyone talks in French

Conspeople curse in french all the time, all the business meetings and emails are in french, people dont know how to speak english

Advice to Senior Managementquit doing business in the US, go back to France, all the senior business managers in the US dont know how to run the business

No, I would not recommend this company to a friend

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Stable company with great benefits, but not a fit for someone with ambition who wants to make a difference

Anonymous Employee (Current Employee)
Jersey City, NJ

I have been working at BNP Paribas

ProsGreat benefits and time-off policies. 401k match is very good as well. Numerous training programs for employees and management promotes lateral movement within the company.

ConsSenior management is very French-heavy. Pay is well below market rate but yet it seems there are hundreds of consultants. Job responsibilities are siloed across the board. Employees within the finance function work incredibly long hours due to poor management decisions regarding application and reporting architecture: applications are commonly developed in-house when there are mature 3rd party apps available and there is no architecture road map for the organization. Not an organization that responds to change.

Advice to Senior ManagementCreate a mentoring program to help nurture and grow top performers. Bring compensation model in line with other investments banks.

No, I would not recommend this company to a friend

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5 people found this helpful  

Come here for the people and the experience, leave for better compensation and advancement.

Financial Analyst (Current Employee)
Jersey City, NJ

I have been working at BNP Paribas

Pros1. The people: working at BNPP is like hanging out with your family (a moderately dysfunctional one). In the back office in particular, it's a very congenial environment, people get along very well with each other on a personal level.
2. Benefits: while we are compensated worse and get less time off than the French at HO, our time off for the US market is pretty great. They recently bucketed all paid time off into one group (including sick days), but if you take care of your health and wash your hands regularly, you have 24 days a year to play with at worst (analyst level), and at best 34 (VP/Director/MD level). If you hang around for 15 years, you get 5 days more than you had, regardless of title.
3. Experience: Good place to start and acquire knowledge.

Cons1. Compensation. You are likely to be given ten times more responsibility WAY before you ever get a bump in your salary. All compensation is reviewed by Paris HO and there is no global standard. Compensation varies greatly by department/manager and more often than not, people who do less work make more money. Title change does not necessarily reflect salary increase.
2. Very French-centric. Not speaking French here will get you nowhere. There is a French person sitting at the top of almost every totem pole and the French advance and are promoted, expat'd and compensated much faster than any American. Many Americans who have managed to reach the top get there totally disgruntled and when you complain about compensation, the typical response is "Welcome to my world". It's great that they understand your qualms, but it's almost as though you are expected to go through the same pain as they did in order for it to have been earned.
4. HR could really use some help. Their processes are archaic and mandated by Paris HR which has a completely different employee retention culture than the US.
3. Huge lack of ownership. A lot of people here stay here because it's so easy to fly under the radar, not many people take responsibility for projects and run with it, and when there is a mistake, everyone points a finger at someone else. Many employees here are not interested in excelling, they are not interested in working hard, they are not interested in staying past 4:59pm. The pro to this is that if you do work hard and want to excel, it's MUCH easier to get noticed and excel. However, you'll still get more responsibility way before you get paid for it.

Advice to Senior ManagementThere needs to be more focus on identifying low level top talent and not just giving them more exposure to reward them for their hard work, but also compensating them for the hard work they do. Develop a mentorship program to help younger employees with potential grow into leaders. Create more opportunities to develop middle management skills.

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Good Experience

Anonymous Employee (Former Employee)
New York, NY

I worked at BNP Paribas

ProsGreat benefits, good support from management, not as demanding as other Wall Street peers. Good experience in credit and leveraged finance.

ConsCompensation way behind the curve, not as opportunistic as other shops. Campus recruiting has gotten better.

Advice to Senior ManagementBenchmark the compensation a little better, as it is severely behind the Street.

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Review

Analyst (Former Employee)
San Francisco, CA

I worked at BNP Paribas

ProsThe benefits are excellent, especially the 3 weeks vacation to start, plus all the bank holidays. The pay is competitive. International co-workers made it a stimulating place to work.

ConsAdvancement heavily dependent on one's immediate manager. If one's immediate manager was stalled in his career or not highly thought of, it is difficult for those under him to advance. Since it is a French company, assignments in the United States seemed to be a perk for the better French employees, or a sort of dumping ground for the less competent French employees. Understandable, since the United States is not a large market for them.

Advice to Senior ManagementNone.

Yes, I would recommend this company to a friend

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3 people found this helpful  

Below market compensation

Analyst (Current Employee)
King of Prussia, PA

I have been working at BNP Paribas

ProsGreat vacation, but that's about it!

ConsCompensation is way below market and BNP prides its 'compensation restraint.' Great place to start, but not to stay or advance. Don't try to get a promotion or notice unless you are French- it's useless and you won't get recognized.

Advice to Senior ManagementPay us more- it's the bottom line.

No, I would not recommend this company to a friend

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Analyst in Corporate Finance at BNP Paribas New York

Analyst (Former Employee)
New York, NY

I worked at BNP Paribas

ProsVery international bank.
Possibility to travel a lot for business purposes.
They know how to involve in work. The team are very small and therefore you have an important amount of responsibilities.

ConsThe health insurance is not satisfactory for junior employee.
The interaction with the bank's headquarters in Paris may sometimes slow down the workflow.

Advice to Senior ManagementThey should continue managing the bank as they do.
They should make the communication with Paris headquarters more fluid and quick.

Yes, I would recommend this company to a friend

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2 people found this helpful  

blows

Analyst (Current Employee)
King of Prussia, PA

I have been working at BNP Paribas

ProsFree lunch, great health benefits, casual workplace

ConsDisorganized, low pay, cheap, do not encourage continuing education (licenses), slow to change any processes

Advice to Senior ManagementPay people more, encourage continuing education.. unless you like having a bunch of broke, ignorant employees

No, I would not recommend this company to a friend

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Good company with solid fundamentals

Anonymous Employee (Current Employee)
Jersey City, NJ

I have been working at BNP Paribas

ProsLaid back work environment; Work life balance

ConsToo many expats hold management positions; unfair advantage given to expats for Promotions

Advice to Senior Managementhire local candidates for not only lower positions but also management positions; promote transparency & communication

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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 334 reviews posted anonymously by BNP Paribas employees.