Pros
- Not very stressful for a front-line investing job - Job security (at least compared to other financial institutions)
Cons
- Salary is below par (at least in Asia) because salaries for investment professionals are bench-marked to local corporate banks, rather than asset management / private equity firms - very opaque assessment and promotion structure - you are never told what you need to do to move up, yet are given nebulous feedback during review - depending on the team you are working with, your colleagues are company-"lifers" who have a set way of doing things - lot of stress on "visibility", leading people to posture, do a lot of work to literally get airtime - many of the younger colleagues are those who have gone through the 2 year analyst program equivalent - a lateral hire would be at a slight disadvantage re" visibility - overall the culture is "different", not all can get used to it
