Reverse-Discrimination DEI Virtue-Signalling, Extreme New York Bias, and No Meritocracy - Director of Enterprise Architecture BlackRock Employee Review

1.0
Jan 18, 2024
Recommend
CEO approval
Business Outlook

Pros

Its nice on your CV. It's a golden-handcuffs, nice cushy job, chit-chatting with low-skill MDs and having coffee-chats with mostly young and exploited people fresh out of university. Most of their tech is built a rotating door of cheap analysts and interns, which is why their platforms are so low quality. While its nice to mix and know new cultures, they also failed here. Recently they moved their businesses to india and east-europe - but they already turned out to be famous for giving low pay in notoriously low cost of living countries! Having the highest turnover and lowest retention in Gurgaon and Mumbai! People in general are kind and well behaved, the new york product kids being the exception. Got to learn Azure off their back, and got a variety of other perks including a nice cash-package we get laid off.

Cons

Reverse-Discrimination - terrible examples everywhere, where tenured individuals end up reporting to some diverse (women) new entry, because a low-attention Managing Director in NY liked her. Scroll through their linkedin: english teachers, financially uncertified individuals, low-skill no certification individuals who all are suddenly Head of something, magically promoted to director or managing director even though they have no backing history. It was so bad - that highly skilled financial engineering developers and portfolio managers just walked-out, they couldn't tolerate the childish leadership and antics of some newly promoted 'product gods' - verticals that need very deep and very technical business and mathematical knowledge- These product people, their greatest achievement was fantasy-named squads. At least part of their DEI strategy realized, as they reversed the discrimination against the non-diverse, so much so that entire organizations are headed by "diverse candidates" - their merit, no one knows - Good luck getting your reward after sacrificing your life, family and mental health for this business if you aren't new and 'diverse'. Constant threats of being laid-of, unless you are in the newest fancy sector (at the moment bitcoin), a choice you have no control overall except your New York gods and their newly hired pets. Low intelligence, low-skilled senior leadership who spend more time fly-fishing, golfing and racing, than taking care of their business and people. They spend more time acting like rock-stars (really there is such a ferocious cult of pesonalty for some MDs, who only talk and do fireside chats). Lots of product and agile - but their "agile" is nothing but FRAGILE FRAGILE FRAGILE, the newly hired head of whatever, product manager of this-and-that, project-something, read a medium article on agile and enforced some childish game on serious professions who are 100000x thier value. I the layoffs, people were so depressed, truly dark depressive hopeless environment - unles you were friends with some new MD and working on the latest fad. Avoid this pit: unless you like low pay, no career, and impossible competition against what race, sexual orientation or gender that looks good on their twitter. Unless you have a basic product certificate, and are diverse - than join here.

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1.0
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Pros

decent pay and good name drop to add to your experience and resume

Cons

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