Lack of recognition. No motivation. Incompetency of many managers
Pros
The only pros I could think of is time off policy. Nobody else on the street gives 25 days of PTO to an analyst. AVPs get 30, and VPs get 35
Cons
No mentorship, guidance and support whatsoever. Every man is for himself. Managers are not interested to help you grow and develop, unless you self-promote and 'play the system'. Low pay with no raises for a couple of years. A lot of managers are rather incompetent, so you can't expect any guidance, while trying to resolve an issue or get a question answered, especially regarding the new and growing regulatory environment. And here is an example of a very unique situation: an employee regularly working overtime reports to a manager who is on a reduced work schedule (works 4 days a week), and who storms out of the office at 5:30 PM every day. One definitely can't complain about micromanagement here.