BNP Paribas UK

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BNP Paribas UK Reviews

Updated June 25, 2014
Updated June 25, 2014
28 Reviews

2.7
28 Reviews
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BNP Paribas UK Director & CEO Baudouin Prot
Baudouin Prot
9 Ratings

Employee Reviews

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  1.  

    Good work-life balance shared with quality people under an elegant French glass ceiling

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Corporate Finance  in  London, England (UK)
    Former Employee - Corporate Finance in London, England (UK)

    Pros

    Work-life balance

    Quality people: well-educated, knowledgeable, well-balanced, with a reasonable broad range of interests. French elegance

    Very good place to build strong technical skills

    Excellent canteen

    Cons

    Lack of ambition: being number 1 in France and OK in Europe is good enough

    The "Louis XIV syndrome": important decisions are all taken in Paris

    To progress beyond the level of Director, you have to mandatorily become active in French office politics

    Advice to ManagementAdvice

    Give international talent the chance to reach the top of the organisation. Starting with the Board of Directors.

    Otherwise, BNP Paribas London will continue to be a mere high-quality training ground for the future French elite. And a good place to work for junior non-French staff

    Recommends
    Neutral Outlook
    No opinion of CEO
  2.  

    My career died at this company

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Fixed Income IT  in  London, England (UK)
    Current Employee - Fixed Income IT in London, England (UK)

    Pros

    Its a great place to go if you don't want to rock the boat, innovate and deliver great software. If you like doing what you are told even though its inefficient and costly then this is the place for you.

    The food is nice.

    It is very likely that you will be given a much larger salary than your current company when joining which makes it look attractive.

    Cons

    Promotions are based on politics, bonuses and salary increases non-existent (your starting salary will stay with you for quite some time). Managers take credit for subordinates work but blame them for failures. The business (fixed income) treat IT like children and IT management are too weak to work towards an effective partnership with the business. Occasionally they pay lip service to innovation by spending a fortune on expensive consultants because they don't believe the same stuff when it comes from their own staff.

    On a technical note, the IT infrastructure is stuck in the last decade - impossible to get hold of hardware, impossible to innovate due to tightly controlled desktop/server builds, the outright ban on cloud infrastructure means we will always be last in the race to deliver new features. (c.f. 15 minutes for a new VM in Azure v.s. 2 weeks for the same in BNPP).

    Advice to ManagementAdvice

    Managers have no idea how to define a strategy, turn it into a set of aligned actions and communicate the plan to staff at their level. They care more about making sure their own behinds are covered in the event of failure and often move the goalposts to ensure that results are measured against what was achieved instead of what was promised.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Varied and interesting work - requires thick skin and strong style to succeed.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Front Office Management  in  London, England (UK)
    Former Employee - Front Office Management in London, England (UK)

    Pros

    Generally talented workforce; not difficult to shine if you're prepared to speak up. I enjoyed working here because I'm not afraid to confront, what I would consider, poor decisions. I felt my input was welcomed, especially from the British and Anglophile management.

    Cons

    Some weak management which affects the delivery of strategy. Lots of passive aggressive managers who consider themselves god like but are actually quite easy to read / play. Scary amount of work being moved to India, where there is a very poor technical level of staff.

    Advice to ManagementAdvice

    Set clear and achievable objectives that at shared at strategic level. Think about the outcome of your India off shoring before putting all your eggs in one basket.

    Recommends
    Positive Outlook
    No opinion of CEO
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  5.  

    A place where, as an intern, you will have responsibilities and learn a lot from people who have strong backgrounds.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Intern  in  London, England (UK)
    Current Employee - Intern in London, England (UK)

    Pros

    The Fixed Income division is very strong and operates in many European countries. The bank has a solid client base and strong ratios.

    Cons

    Too hierarchical. It takes time to evolve within a trading or structuring desk

    Advice to ManagementAdvice

    More flexibility and more place for juniors!

    Recommends
    Neutral Outlook
    No opinion of CEO
  6.  

    Fixed Income Structuring desk

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Fixed Income Structuring Desk  in  London, England (UK)
    Former Employee - Fixed Income Structuring Desk in London, England (UK)

    Pros

    - Various missions and european clients
    - Skilled people willing to teach
    - Responsabilities and independence

    A good opportunity to learn

    Cons

    Stressful environment
    Structured products are less and less dealed

    Recommends
    Neutral Outlook
    Approves of CEO
  7.  

    Good communication and engagement, but managment generally lacking

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Marketing  in  London, England (UK)
    Former Employee - Marketing in London, England (UK)

    Pros

    Good effort made in communicating with employees, promoting socialising and community involvement

    Cons

    Management nto properly trainied - people get promoted and given a title, but are not prepared for the added responsibility of nurturing the careers of others

    Advice to ManagementAdvice

    Ask for / demand management training if you need it - it is part of your job after all

    Recommends
    Neutral Outlook
    Approves of CEO
  8.  

    Finance department lacks professional values and mid to top manangement are too autocratic

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee  in  London, England (UK)
    Current Employee - Anonymous Employee in London, England (UK)

    Pros

    the front office seem to be on the ball, but the back office functions, especially Finance are such a beaurocratic function

    Cons

    Finance lacks professional values, no career development; Finance management needs a complete overhaul to move into 21st century. They should be periodically tested and required to keep up to date with industry practices. Haven't learned anything valuable in more than two years of working in Finance. A shame, the business deserves more...

    Advice to ManagementAdvice

    introduce upward feedback, listen to constructive criticism, keep up to date with industry, be professional not despotic

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    good experience but no future growth prospect for investment banking

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

    Pros

    strong balance sheet, high expertise in derivatives, friendly and little stressful environment with good balance between work and personal life

    Cons

    low pay, no clear management direction, no investment banking focus but attention only to retail markets, very risk adverse towards all new business and activities

    Advice to ManagementAdvice

    don't focus only on retail activites but let CIB grow and expand since it is the division that brings in the most money

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  10.  

    rather avoid if you are ambitious

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

    Pros

    international network, opportunities to work in other countries

    Cons

    bureaucratic, aimless, extremely oudated, unreliable IT systems, very slow decision making process

    Advice to ManagementAdvice

    Listen to people, more quick decisions less long meetings

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
  11.  

    Hard-driving and dynamic but not as brutal as other investment banks

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Software Developer  in  London, England (UK)
    Current Employee - Senior Software Developer in London, England (UK)

    Pros

    Very dynamic. You learn a lot very quickly. High-calibre workforce.

    Cons

    high-pressure environment leads to slip-ups and missteps

    Recommends
    Positive Outlook
    Approves of CEO

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