Pros
- Some of IT projects are engineerengly challenging and widely used in the bank - competitive salary, especially for higher ranks - good and nice colleagues - flexible working hours - the company has started to spend a lot on IT, especially in recent years - job security, you can successfully pretend to be working for years - flexible working hours - business class transcontinental flights
Cons
- Inefficient management obsessed with maintaining good relations with their bosses no matter what and keeping the status quo - highly hierarchical management structure with many levels of hierarchy and employees on all levels being supposed to "know their places" - favoritism and lack of promotion and recognition for the rest - innovation culture is not there at all, you do what you're told to do and keep your ideas to yourself unless someone higher than you has expressed them already - no perks, goodies and amenities - crappy office (this will change in 2011 when they move to a different building) - high workload on some projects - overbureacratic and very slow internal processes, like buying the software that you need to do the job, etc.