BNP Paribas

www.bnpparibas.com
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Employee Reviews

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  1. 1 person found this helpful  

    Great Benefits

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNP Paribas full-time

    Pros

    Great benefits amazing amount of vacation days.

    Cons

    Terrible work life balance way too many politics envolved

    Doesn't Recommend
  2. 1 person found this helpful  

    Sales Director

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

    I worked at BNP Paribas full-time (more than 5 years)

    Pros

    Good vacation package. Good place to learn. Smart people in derivatives space.

    Cons

    Not a great platform to work for. Very dysfunctional office. Management attitude is divide and conquer. I would recommend working for BNP Paribas but simply outside of the US. If you are not French it remains difficult to grow within the company.

    Neutral Outlook
    Disapproves of CEO
  3. 2 people found this helpful  

    dysfunctional

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Associate, Sales and Trading
    Former Employee - Associate, Sales and Trading

    I worked at BNP Paribas full-time (more than a year)

    Pros

    time off policies, OT pay, 401k benefits, there are some good people working there...but not the majority.

    Cons

    management was lost and could not retain good talent.
    reward system is dysfunctional

    Advice to ManagementAdvice

    start being loyal to your employees and maybe the good ones will stay

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
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  5. 1 person found this helpful  

    great place to take it easy and wait for retirement

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNP Paribas full-time

    Pros

    As everybody says, great, amazing benefits, unparalleled vacation policy.
    Not bad life/work balance.
    If you are fine with working 9-5, waiting for retirement, this is not a bad place to do that.

    Cons

    While benefits are great, compensation is below average for IB.

    If you have any career aspirations ( and I mean any at all ), you should not be here.
    Anything and everything suggested by a non-French person is always ignored.
    With the exception that in some business areas, decisions are made in London, rather than Paris.

    When being ignored, prepare to be ignored thoroughly - language policy in BNP is French rules. Which means on meetings french speakers would often switch to French and forget about you. If there's somebody else in the room from US, you can talk to those. And wait for conversation to come back to English, which it sometimes does. You will be then told about decision made.

    As many reviews mention, most of managers are shipped from France. There's constant rotation of these, so be prepared to have a new manager every year or two. This rotation often moves people between business and/or technical areas so also be prepared to teach your new manager the ropes (every time).

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  6.  

    Great Place, if you're lucky enough to get in.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Administration in Houston, TX
    Former Employee - Administration in Houston, TX

    I worked at BNP Paribas full-time (more than 10 years)

    Pros

    Very laid back. Not too corporate, and dont have stacks of paper work and red tape to cut through to get something done. AMAZING benefits, they still believe in the PPO insurance policy. And they had great pay and bonuses, for all, even the little man. Lots of bank holidays too.

    Cons

    Not too much room for advancement. Company hasn't been very stable as of yet.

    Recommends
    Neutral Outlook
    No opinion of CEO
  7.  

    General

    Former Contractor - Program Manager
    Former Contractor - Program Manager

    I worked at BNP Paribas as a contractor (less than a year)

    Pros

    Good place to work. Enjoyed the project I worked on. Interesting working on a global project and interacting with the different regions and the complexities associated with it.

    Cons

    I don't have cons to report.

    Recommends
  8. 1 person found this helpful  

    Lack of recognition. No motivation. Incompetency of many managers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst, Finance
    Current Employee - Analyst, Finance

    I have been working at BNP Paribas full-time (more than 3 years)

    Pros

    The only pros I could think of is time off policy. Nobody else on the street gives 25 days of PTO to an analyst. AVPs get 30, and VPs get 35

    Cons

    No mentorship, guidance and support whatsoever. Every man is for himself. Managers are not interested to help you grow and develop, unless you self-promote and 'play the system'. Low pay with no raises for a couple of years. A lot of managers are rather incompetent, so you can't expect any guidance, while trying to resolve an issue or get a question answered, especially regarding the new and growing regulatory environment. And here is an example of a very unique situation: an employee regularly working overtime reports to a manager who is on a reduced work schedule (works 4 days a week), and who storms out of the office at 5:30 PM every day. One definitely can't complain about micromanagement here.

    Advice to ManagementAdvice

    Invest into your analyst, help them grow, encourage, and promote them. Show they they are valued, don't make them feel invisible. Take them under your wing, when you can, and provide guidance. At least 2-3% yearly raise would be very helpful too. Most of us pay rent, that goes up every year by 5-10%, and can't afford the increase if you don't give us a raise.

  9. 1 person found this helpful  

    Conservative bank => increased reliability, job stability but also bureaucracy, low variable pay

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Middle Office Analyst
    Former Employee - Middle Office Analyst

    I worked at BNP Paribas full-time (more than 3 years)

    Pros

    Great job stability and decent benefits.

    Cons

    Bureocracy - hard to change things, especially when Paris headquarters has to be involved in the decision making.
    Low variable pay - below average bonuses, highly uncorrelated with individual performance for operation roles.
    Lack of transparency - hurts morale

    Advice to ManagementAdvice

    Aiming for a better work-life balance should be prioritized as employees in operational roles have limited variable pay.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  10.  

    Ability to become has been thoroughly squandered

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

    I worked at BNP Paribas full-time (more than 5 years)

    Pros

    Good systems
    great research/quants
    good mid tier employees

    Cons

    poor company culture.
    no understanding of organic growth. Prefer external hires and pay more than existing employees
    no vision

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  11.  

    Good opportunities for growth up to mid level mgmt

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Managing Director Tech
    Former Employee - Managing Director Tech

    I worked at BNP Paribas (more than 10 years)

    Pros

    broad scope of technology and mgmt. opportunities , not cutting edge but reasonable exposure.

    Cons

    Regions are subjected to weak snr expat French managers shipped out from Paris.

    Advice to ManagementAdvice

    Develop talent in the region and rather fire the French mgrs. that aren't cutting it rather than giving pseudo promotions out to the regions

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