BNP Paribas

  www.bnpparibas.com
  www.bnpparibas.com
There are newer employer reviews for BNP Paribas

 

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

I have been working at BNP Paribas full-time (more than an year)

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

460 Other Employee Reviews for BNP Paribas (View Most Recent)

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  1. 1 person found this helpful  

    headless firm..no direction

    • 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

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

    Pros

    benefits, large corporate backing, easy midtown location

    Cons

    no real direction. fickle in what they want to do in the US

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  2. 1 person found this helpful  

    Bank of the changing world - not quite

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

    I have been working at BNP Paribas full-time (more than an year)

    Pros

    - Vacation: AVPs get 6, VPs get 7-8, Directors get 8+
    - Health Benefits (Vision, Dental and Health)
    - 401K (Matching is fairly standard in the industry)
    - People are generally nice
    - Work-life balance is much better than American banks in NYC
    - In July and August people generally take their vacations so it isn't that hectic

    Cons

    - Way too many layers within the organization.. One person manages another 2 who then manage another 2 people.. makes no sense..
    - No management vision is articulated to employees
    - Too much red-tape / bureaucracy
    - Nothing happens when it is supposed to .. "this is a french bank, you can't expect fast turn around on anything" is a phrase I always hear.
    - All key decisions are made in Paris, so you have no visibility
    - No room to move up, people come here and stay here for years and years
    - If you are an American you will find it hard to fit in as most management is French
    - Place is very cliquey - unless you are French, you will be left out
    - Management doesn't provide direction, no ownership from management to drive the company.. the little guy gets thrown under the bus

    Advice to ManagementAdvice

    - Communicate more
    - Drive the company (Manage up and down, not just up)
    - Recognize people that do the work
    - Make the organization flatter --- too much hierarchy and nothing gets done

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
There are newer employer reviews for BNP Paribas

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