employer cover photo
employer logo

Appalling place to work - limited, inward looking, low quality people, cannot make anything happen - Senior Operations Manager Newedge Employee Review

1.0
Jan 6, 2014
Recommend
CEO approval
Business Outlook

Pros

If you are French, highly favoured

Cons

Antiquated technology and technology approach Senior management should pretty much all be replaced Lack of any serious commitment to make unpopular but necessary changes Vested interests prevail over ambitions or beneficial goals Fear of change by old timers French head office has little useful purpose but own job preservation Little opportunity to move or progress Culture of nepotism and favouritism has negative results Far far far too many senior people thinking of their own security only, which filters down

Explore other reviews about Newedge

5.0
Mar 7, 2017
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Great company with great people working in it.

Cons

Some tasks might be redundant if you're just starting out.

4.0
Jun 18, 2013
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Seeing some negative things out here about my company. Some justified...most not. I've worked in financial services for 20+ years, and in my opinion Newedge is still a good place to grow. Benefits from my perspective is the size of the firm relative to our leadership position and the global scale of our operations. Firm size is relatively small at around 2,700. The team I work with is very thin. I've worked at the large shops and prefer the Newedge atmosphere as I find it more rewarding. Smaller teams mean the opportunity to learn more on any project. You also have more direct control for a project's success and means to completion. This is the first global firm I have worked for. Although the hours are not always ideal, in my role I do get to interact with colleagues around the globe. That perspective and experience is beneficial for this role and whatever may be next for me down the road.

Cons

FCMs have had a rough road the last few years and that has had a cascading effect throughout the industry and at Newedge. A side effect of all of this is greater regulatory scrutiny which in turn equates to more checkpoints. Internal/external audit, reporting, compliance oversight are all at fairly elevated levels. The volume of forms to be completed for this request or that request seems overly bureaucratic at times. This all makes the completion of projects that much more challenging.

See reviews by: Helpful|Rating|Date|All