BNP Paribas Reviews | Glassdoor

BNP Paribas Reviews

Updated May 26, 2017
1,556 reviews

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Full-time Part-time

3.4
Star Star Star Star Star
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BNP Paribas CEO and Director Jean-Laurent Bonnafé
Jean-Laurent Bonnafé
422 Ratings

1,556 Employee Reviews

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Pros
Cons
  • Work life balance could be better (in 38 reviews)

  • Senior management from France rotated every 3 years (in 34 reviews)

More Pros and Cons

  1. "Good but limited opportunities for advancement"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Neutral Outlook

    I have been working at BNP Paribas full-time

    Pros

    Good vacation, benefits, very nice people

    Cons

    Bureaucratic management, bureaucratic promotion track that does not reward high achievers


  2. "Great career starting company with a creative thinking upper management"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at BNP Paribas full-time (More than 10 years)

    Pros

    Open dialogue with employees to a large extent by upper management; mobility is encouraged; plenty of networking opportunities; big on diversity through business networking groups.

    Cons

    Lower management is so focused on work output that they forget to encourage their employees and they have too many cliques and play favorites. Need more open mindedness for more creativity and less micro managing.

    Advice to Management

    Upper management provides good quality information to the employees but there is a disconnect in that lower management remains robotic in their output. Creativity is the key, empower your managers to use it to improve the processes and make thing more efficient.


  3. "Great environmental"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Assistant Vice President in New York, NY
    Current Employee - Assistant Vice President in New York, NY
    Recommends
    Negative Outlook
    Approves of CEO

    I have been working at BNP Paribas full-time (More than 8 years)

    Pros

    Culture
    Work life balance
    Great learning opportunity
    Ability to move laterally
    Exposure to various spaces within the bank

    Cons

    Lack of transparency
    Mobility
    Compensation is on the lower end

    Advice to Management

    Greater transparency would be much appreciated.

    Perhaps review the current compensation structure..


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  5. Helpful (1)

    "BNP Paribas - Pros vs Cons"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - IT - Assistant Vice President in Jersey City, NJ
    Former Employee - IT - Assistant Vice President in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    BNP has an excellent vacation policy.
    ** Analysts - start with 21-25 days
    ** AVP's - start with 30 days
    ** VP's and higher - max out at 35 days

    Health benefits are also very comprehensive.
    ** Medical, Dental and Vision are covered

    Pay - if you are a new hire it is possible to start with market value

    Volunteering options for many community activities.

    BNP promotes a work-life balance ...BUT ... to be continued in the Cons section.

    Work from home options available, but dependent on the attitudes of the individual departments management.

    BNP does afford the opportunity to make job changes within the company.

    Cons

    Raises / Bonuses - horrible. The past 5 years have been the worst and you would be lucky to get 2-3% for both.
    There has been major global downsizing due to a $9 Billion fine. In the IT departments alone there were over 100 job cuts in 2016. So this is also a factor in the lower raises and bonuses.

    Jobs have also been either outsourced or near-shored in order to cut costs.

    Although BNP promotes a work-life balance, this does seem to trickle down to all of the departments within the company, especially in the IT departments. And if you attempt to take advantage of this then you take the chance of being "unofficially" flagged as not being a team player.

    In IT there are long hours and weekend work constantly all year round even if it's not your scheduled on-call or off-hours rotation. Even though some of the work is planned in advance, that requires most staff from all departments, the amount of projects that require off-hours and/or weekend work is off the charts.

    Many in IT senior management have their own political/business agendas that end up having repercussions on the working staff.

    Advice to Management

    Please be more conscious of the work-life balance policy being promoted within the company and allow your staff to take advantage of it. This will help prevent work burn-out and the low morale which is a big issue at the company.


  6. "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Very diverse environment in various teams

    Cons

    Management cares mostly about keeping costs low


  7. "hedge fund analyst"

    Star Star Star Star Star
    Former Employee - Anonymous Employee in Fort Washington, PA
    Former Employee - Anonymous Employee in Fort Washington, PA

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

    Pros

    good Relationship, everone is open-mind,

    Cons

    Nothing to say about that


  8. "Learn a lot but harsh hours"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Analyst Leveraged Finance in New York, NY
    Former Employee - Analyst Leveraged Finance in New York, NY
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Global Network
    Implication to the deal process
    Important dealflow

    Cons

    Too important dealflow
    Harsh hours
    Bad work life balance


  9. Helpful (2)

    "Associate"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate in New York, NY
    Current Employee - Associate in New York, NY
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    I have been working at BNP Paribas full-time (More than 5 years)

    Pros

    culture, mobility, benefit package, work environment

    Cons

    low salaries, no remote work, slow career progression

    Advice to Management

    valorize and reward junior staff


  10. Helpful (1)

    "Bank Review"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in New York, NY
    Current Employee - Vice President in New York, NY
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNP Paribas full-time (More than a year)

    Pros

    Great place to work. Friendly people and calm and steady culture.

    Cons

    Sometimes there lacks a sense of urgency.

    Advice to Management

    More transparency in management related procedures and decisions.


  11. "Project Finance"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at BNP Paribas full-time (More than a year)

    Pros

    - Good Work/life balance
    - Good exposure to PF industry

    Cons

    Comp could be better.


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