BNP Paribas reviews

1) The team does not increase your salary even after 4-5 years of being in the position 2) Good bonus for first and second year at the bank, but it stagnates after 3rd year and really does not increase. In some cases it goes down. You will find that new hires at your level are paid a lot more than you are 3) Management is biased and plays favorites with projects and staffing individuals- if or did not come from IB forget it- they will put you on bad process projects and you will never be positioned to have a good exit opportunity. No IB experience is actually required for doing this job well. 4) Very beauracratic in promotions- if they don't have space at higher management levels, no matter how good, you will never be promoted

Executive management lacks vision. Some managers spent more trying to one up each other rather than developing junior staff. As a result, junior staff were inadequate and lacked skills to provide meaningful contributions. A few staff carried weight of the entire team, and did not receive sufficient compensation to do so. Bonuses were same for incompetent analysts who worked half a year and for associates who pulled majority of the weight. Middle Management was highly ineffective and most of the time an impediment ti completing work. Absolutely toxic environment with no collaboration across departments. Constant backstabbing and people trying to take credit for others' work. Too many chefs throwing up in the kitchen when it came to policy making. Policies lacked understanding of basic finance, constantly changed and were confusing. Bank is pouring resources into underperforming divisions. Cannot compete with US Banks. Awkward structure, where "pitchbook" staff are more respected than analytical staff.