BNP Paribas Reviews | Glassdoor

BNP Paribas Reviews

Updated May 20, 2017
136 reviews

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BNP Paribas CEO and Director Jean-Laurent Bonnafé
Jean-Laurent Bonnafé
39 Ratings

136 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. Helpful (1)

    "Extremely Lean"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Human Resources Representative in New York, NY
    Current Employee - Human Resources Representative in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Friendly people and Incredible vacation.

    Cons

    You will do the work of 5 people because they are extremely lean. The culture is hectic and everything is extremely disorganized

    Advice to Management

    Give people the resources to do their job.


  2. "Anonymous"

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

    I worked at BNP Paribas full-time (More than 5 years)

    Pros

    Paid Time Off (PTO) policy. Inexpensive healthcare.

    Cons

    "Juniorization" of the bank, although most have figured out they will never advance. US management in constant turnover/turmoil. Morale is always low due to no career prospects, lower than average salaries, most times $0 bonuses. Power is in hands of non-producers, though again most are juniors with little experience.


  3. Helpful (1)

    "No Career Path"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Assistant Vice President Product Accounting Control in Jersey City, NJ
    Former Employee - Assistant Vice President Product Accounting Control in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook

    I worked at BNP Paribas full-time (More than 3 years)

    Pros

    great heath benefits, vacation time

    Cons

    I suppose it is an ok place for entry level people, but there is no career potential after that. Promotions and pay increases are nonexistent. The systems are terribly deficient so the manual work arounds take a lot of time. Poor management no leadership high turnover.

    Advice to Management

    Get rid of unprofessional and unproductive management. Hire qualified people.


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  5. Helpful (1)

    "Senior Consultant"

    Star Star Star Star Star
    Current Employee - Senior Consultant in New York, NY
    Current Employee - Senior Consultant in New York, NY

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

    Pros

    No pros for any comments

    Cons

    Many cons for working based on groups

    Advice to Management

    Respect based on the experience and knowledge


  6. "Manager"

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

    Pros

    global company with wide ranging operations, many positions and lateral transfer possibilities.

    Cons

    archaic traditional management structure, bureaucratic, centralized decision making in Paris with no direct understanding or knowledge of US operations.

    Advice to Management

    delegate, decentralize, empower


  7. "Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Analyst in Hoboken, NJ
    Current Employee - Analyst in Hoboken, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I have been working at BNP Paribas (Less than a year)

    Pros

    Work environment in Jersey City is so-so; some employees appear to understand their work; others appear to not care or not be informed enough of their position.

    Cons

    Role is very plain, can be very routine. Not much room for innovation or progression. Ineffective managers and employees are held in their positions.

    Advice to Management

    Be upfront in interview process to describe the role. Evaluate employees and managers; put more effort into building superior teams.


  8. Helpful (3)

    "Terrible organization. Really think about it before joining."

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

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

    Pros

    After really thinking about it, the only Pro I could come up with is BNPP's Generous time off policy, but that's about it.

    Cons

    After having had to pay an $8.9B fine, the bank is having to reinvent itself. It's organization is a disaster and there are layers upon layers of redundancies. It is an organization that constantly refers back to the way things were in the past. Work/life balance is terrible as the bank is focused on doing more and more without assessing whether the incremental workload adds value (i.e lack of common sense and focus on the big picture). Yet, decisions are hard to come by and there are a lot of power struggles between the French and US personnel. Unless you are French, you'll always be a 2nd class citizen. HR process are non-existent and overall they are a useless organization.

    Advice to Management

    Stop, listen and really think about what makes sense. Your employees are the most valuable part of the organization. Don't destroy their willingness to work for you. Make sure the French and US agree on a way to move forward before pulling the trigger as otherwise redundancy and extra work is generated.


  9. Helpful (1)

    "Good Benefits/Horrible Compensation"

    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
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    Strong point is their benefits (great health, 401K, etc). Tons of vacations (all PTO though, no sick days).

    Cons

    Probably the lowest compensation on the street. Performance has no impact on compensation. Raise/Bonus are pulled from a complete black box. Discourage working here for more than 2 years as your salary with not keep pace with the market. Also a huge preference is given to French employees. French expats are a dime-a-dozen.

    Advice to Management

    Transparency is terrible, with only Directors and above informed about the on-goings of the company. Invest in and empower your junior staff.


  10. "terrible compensation"

    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
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    Vacations, Insurance Benefits, Office location, No more

    Cons

    Underpaid
    Terrible HR for Visa application and green card

    Advice to Management

    Please properly compensate your employee instead of squeezing the money yourselves


  11. "Director"

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

    Pros

    Good vacation good people globally

    Cons

    Unless you are French, forget advancing. NA COO not open to new ideas, slow to listen. Surrounds himself with incompetence. Believe he is in NA as punishment


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