BNP Paribas Securities Services

  www.securities.bnpparibas.com
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BNP Paribas Securities Services Reviews

Updated Jul 15, 2014
All Employees Current Employees Only

3.1 42 reviews

40% Approve of the CEO

BNP Paribas Securities Services Directeur Général Patrick Colle

Patrick Colle

(5 ratings)

40% of employees recommend this company to a friend
42 Employee Reviews
Relevance Date Rating
in
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Great business opportunities

    Analyst (Current Employee) King of Prussia, PA

    ProsGreat financial institution, with strong AA rating, one of the best worlwide
    Lots of projects and initiatives; great ambitions in the US
    Local and senior management extremely dedicated, caring, motivating
    Local senior managers have an incredible knowledge of the industry and a real vision; great to work for people like that !
    Benefits are awesome: Health care, paid time off
    Location and premises are OK

    ConsShy on compensation
    Lots of politics with Europe and others

    Advice to Senior ManagementContinue but try to increase compensations

    Yes, I would recommend this company to a friend

    • Culture & Values
    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities
    • Disapproves of CEO

     

    Bad place with good people

    Vice President (Trader) (Former Employee) New York, NY

    ProsThere are some great people at this firm but just under bad management. Time-off policies are good but obviously not as good as if you are a French expat from the Paris office. Heard they have implemented "summer fridays" now where you can dress-down and leave at 2pm..

    ConsPay is terrible (confident to say its the worst on Wall Street), Bad Management = Bad Leadership (all orders come from Paris and they are never good), they can never stick to a plan (lots of building a business, then shutting down, then rebuilding), its virtually impossible to get promoted above VP (they give you a checklist of items you need to achieve, which includes everything except your actual job description, before you actually are submitted for consideration for a promotion meanwhile they hire people who are about to be fired elsewhere and give them a director/md title walking in the door.

    Advice to Senior ManagementLearn how to actually manage, treat your employees with respect and actually pay them what they deserve!! The $8.97 billion you were fined for doing business with terrorists could have been used to pay your employees!!!

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

     

    operations intern

    Anonymous Employee (Former Employee)

    Prosnice environment; people were very helpful

    Conscant really think of one right now

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    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
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    Working for a firm who's parent company is offshore is challenging.

    Anonymous Employee (Former Employee) New York, NY

    ProsThe number of vacation days offered cannot be beat. VP's 30 days. Directors 35 days.

    ConsSenior management can be aloof. The only people safe from downsizing in the U.S. are those from France.

    Advice to Senior ManagementPositive employee morale is vital to a successful business. Much more effort to improve morale is needed.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Growing business that is not growing

    Trader (Current Employee) New York, NY

    ProsOpportunity to make an impact. If you come in with an extensive client base and years of experience generating business independently than you might be able to find some success here. (Whether or not you get paid for it at the end of the year is another thing-bc you probably wont)

    ConsThe sales force is terrible, sales management has no clue what theyre doing and have no idea how to become competitive with other wall street giants (JP Morgan, Goldman Sachs, Bank of America, Deutsche Bank etc) They make NO effort to invest in technology and resources for support functions (Middle Office, Back Office, Finance, Technology etc) are limited at best. The quality of talent is very poor compared to competitors.

    Advice to Senior ManagementFire every single salesperson and start over - hire some talent with better client relationships.

    No, I would not recommend this company to a friend

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    BNP

    Analyst (Current Employee) Jersey City, NJ

    ProsBenefits are extremely competitive. Since it is a smaller securities services firm, exposure to all business units are high, and there is room for lateral movements.

    ConsSalary on all levels is below par for similar firms. While it is fairly easy to move in lateral directions, growth within the company is tight. CIB remains separate, and hard to transfer into from operations.

    Advice to Senior ManagementIn my opinion, management should be more proactive reagrding employee devlopment, and learning. At the current time, the firm is not sponsoring tests for 7, 63, 3, etc.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Decent place to work

    Vice President (Former Employee) New York, NY

    ProsStrong platform, very smart traders and bankers, a great place to learn. BNP Paribas is huge - they have offices all over the world and are a great brand to have on your resume. The work culture is nice - a bit franco-centric, which is probably why they are not a big presence in the US (unlike DB or UBS).

    ConsLittle cooperation between teams/desks. Competition between groups is stiff which, at times, can hurt the company.
    There is an over-reliance on models and quantitative analysis which is fine in most cases, but little effort to advance investment banking business in the US.

    Advice to Senior ManagementInvest in more US employees - expand the US-based Analyst/Associate hiring program to include the bigger schools that feed into Wall St.

    • Work/Life Balance
    • Senior Management
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    1 person found this helpful  

    Great Bulge Bracket Firm; however, culture focused so not very diverse.

    Strategic Marketing Analyst (Former Employee) New York, NY

    ProsGreat access to innovative and advance products especially within Equity and Commodity Derivatives.
    Talented employees with advanced quantitative and qualitative skills. There is no one at BNP Paribas that does not have a huge wealth of product knowledge or quantitative skills which makes the work environment perfect for learning opportunities.

     BNP Paribas offers their employees wonderful travel and transfer opportunities and no one is pigeon holed within their position if they wish to access new positions.

    Great benefits in terms of 401, healthcare, etc.

    Very receptive to educational training opportunities and very encouraging.

    Company has perhaps more conservative approach to client offerings which makes it less susceptible to volatility in the markets than other bulge bracket firms.

    Employees in general are very friendly.

    ConsCulture is very very difficult if you are not French. Everyone is French and the culture is an integral part of the work environment. Therefore if you do not speak French it can be difficult to feel "integrated".

    Pay is on the lower end of bulge bracket firms. Very warped methods of promotion as it varies not depending on individual performance but rather on bureaucracy and personal preference. Can feel a little too personal rather than professional.

    Little to no women and when they are women, they do not have the usual money generating positions. At times there appears to be little reverence to women in general.

    Lack of employee diversity.

    Advice to Senior ManagementImprove diversity initiative. Focus on individual performance rather than biased personal preference.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

     

    Wont pay you as high as other banks but vacation time is great.

    Analyst (Former Employee) New York, NY

    ProsLearn a lot of the products
    Always give employees priority to apply for different positions within the company
    Nice outings
    Good people

    ConsLower pay than other banks
    Americans treated with less respect than their French counterparts
    Easily lay off people

    Advice to Senior ManagementAppreciate your employees, they are smart and can do a lot more than you give them credit for.

    • Work/Life Balance
    • Senior Management
    • Comp & Benefits
    • Career Opportunities

    1 person found this helpful  

    Operations analyst

    Operations Analyst (Current Employee) Jersey City, NJ

    ProsI am currently working in operations in Jersey City. The company has good employee benefits and fair management. Office is conveniently located

    ConsIt is hard to learn of job opportunities outside of jersey city. There is an online portal but it doesnt seem to get people many interviews

    Advice to Senior ManagementI believe companies should make an example of top talent in all groups by giving them opportunities elsewhere in the company.

    Yes, I would recommend this company to a friend

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