Pros
-The bank does pretty well via personal management of big clients, of which is not many, and hence has a good deposit flow. Hence the salary of the data analysts grows slowly but surely. They are sure to get a bone , but not significantly more than that.
Cons
-There is absolutely nothing creative to do for a person with technical background. The one major task for analytics is abundant reporting with Goldman-sucks urgency ("I need it yesterday") coming from the ex-GS people who infiltrated the top. -It is drop till you dead type of work with non-experienced management who has no understanding or desire for their employees to grow. Hence, no way for growth. - Culture is long gone. "Respect the team" turns into a joke as the managers just approach you and ask for something without even saying your name. No upward feedback whatsoever. -Most of the technical improvement efforts end up in bureaucracy. -Brighter people just loose their skills and motivation. This is turning into a toxic dump...