There are newer employer reviews for Moody's

2 people found this helpful

You get what you get paid for

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

I worked at Moody's

Pros

Some excellent managers, low-pressure work atmosphere, high-profile clients, reputable brand name, great benefits packages, large company with many groups and job functions so moving around is possible.

Cons

Highly hierarchical, managers are often hired from outside rather than promoted from within, strict pecking order means responsibilities are limited based on seniority rather than ability, weak company culture--groups are segmented and teams are highly independent.

Advice to ManagementAdvice

Show junior staff that there are opportunities to be promoted.

Approves of CEO
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  1. 1 person found this helpful

    Learn then move to I-bank

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Former Employee - Associate Analyst in New York, NY
    Former Employee - Associate Analyst in New York, NY

    I worked at Moody's

    Pros

    Very intellectual, excellent learning opportunity, analytically rigorous, breadth and depth of experience, good work life balance for senior analysts asdf

    Cons

    Lower pay than street comparables, don't get too comfortable, frequent junior attrition to banks, Too many tedious tasks for CYA and regulatory scrutiny

    Disapproves of CEO
  2. 10 people found this helpful

    An Environment Full of Red Tape, run like a Gov't Agency.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Business Analyst in New York, NY
    Current Employee - Business Analyst in New York, NY

    I have been working at Moody's

    Pros

    - Good work like balance
    - If you are efficient you can leave at a reasonable time
    - Pretty standard hours for a finance firm for Business Analysts (9-5)
    - Pay is ok.
    - The building is very modern and clean.
    - Slow-paced environment (if you like to take it easy because you refuse to be challenged and like to become complacent, which appears to be the case for roughly over half the people here)

    Cons

    - Meetings, meetings, and more endless meetings.
    --- 25% of the effort is PLANNING the work that you will do.
    --- 15% of the effort is DOING the actual work.
    --- 25% of the effort is CHASING DOWN people to review and finally approve of your work.
    --- 10% of the effort is ANSWERING DUMB QUESTIONS for people who originally was supposed to have read your analysis document.
    --- 10% of the effort is ARGUING with stakeholders weeks/months later to explain why your work was presented clearly and COUNTERING their accusations of gaps in your work.
    --- 15% of the remaining effort is to wrap up your final document and send it off for even further signoff.

    - A culture where management takes forever to make effective decisions.
    - True superstars should look elsewhere. Your great ideas and strong passion for effecting change will not likely happen at Moody's. You will not be recognized here. You will like it here though if you like to settle down and do good enough of a job and just enough work to not get fired.

    Advice to ManagementAdvice

    Allow BA's to provide reviews for their stakeholders and managers. Need to instill a culture of responsive feedback with extra discipline on quicker answers and decision making, not take a whole week to get a response from someone or require constant email reminders and messages to effect a response from someone.

    Doesn't Recommend
    Disapproves of CEO
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