Vantaggi
Promotes internal mobility - open to apply for other positions in BNP Paribas global network & cross-functional after staying in current role for certain duration (back then it was 2 years). Managers were asked to consider internal candidates with priority. Some colleagues successfully moved to from back to front office roles / cross-functional within back office / to places they preferred e.g. Singapore, Japan, Australia, France, US, UK
Svantaggi
Low annual salary increment. When I got promotion, my salary increment that year was just 2% higher than last year (both years I got above expectation rating). Back office is under constant cost pressure. Every year top management asks all departments to reduce cost by 2-3% and each dept head would need to find ways to achieve more with less resources.