Pros
Fairly compensated considering locale and good option if you want to work at an Investment Bank but closer to home. Decent medical benefits.
Cons
Hard to get promoted unless you are either a) work on high profile project b) have exposure to management c) on a fasttrack d) riding the coattails of someone. Senior Management changes every 3-4 years which resets your history and accomplishments. If you are average to above average performer, be prepared for little to no advancement per grade level. Only very few get recognized. Need to be on the right project at the right time. Compensation if fair but not comparable to NYC based Investment banks. Career development is weak. Training is weak. You need to actively manage your career.