Vantaggi
Working in ITO, the only pro is that if you are just an average performer, you can still survive in this organization (at least in ITO). I have seen people who are paper pusher and quality of work left much to be desired, yet they are still with the bank for a long time.
Svantaggi
- Promotion is mostly based on how long you are with the bank; You can perform well but if it is not your turn yet, you can never get promoted. I have seen one co-worker who had been with the bank for more than 6 years, his only contribution was 1 single project for the entire work year, ye he got promoted. - ITO office in 20CQ is a joke for a foreign bank. Decor looks like the 80s and frequent toilet breakdown (urinals overflowing with urine) - Office demography is about 30% locals. When a local leave, manager will take opportunity to get one of their own (race, nationality) as replacement. - Management never care about staff welfare, main concern is on project schedule and budget. It's basically a factory here. - Bonus is pathetic (not like basic salary is any better). Managers will always say bank is still recovering from fine, but bonus is always record-breaking each year.