Avoid MMLIS at All Costs
Pros
None in the B/D… you can get all the same skills, knowledge and connections at much better financial institution if this is the industry you want to work in. There are many good people working there but you can find that somewhere else too.
Cons
Compensation practices are abhorrent and include putting market ranges on annual award statements that indicate where an employee falls against lowest, median, 75th percentile, etc. They give out these statements saying mastery level employees with glowing review are below all but the lowest measure and then won’t do anything to fix it. Hiring new, registered, individuals as remote and sending entire locations remote and refusing to give existing employees who have been working as such successfully for 2 years a fully remote contract. Any development you get will be self-taught or through mentors you cultivate and you can learn much quicker at a place that doesn’t expect you to acquire every skill you need for free for them. Internal job searches are encouraged and then punished. Managers are getting diversity training and complaining to their own diverse teams about it being nonsense. HR never follows up if you pursue anything through your chain of management. Save yourself!
