Stuck between two worlds - Recensione dipendente - Associate presso CACIB

2,0
10 set 2020
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Generally willing to hire the scraps that more competitive banks leave behind (like me) Internal mobility

Svantaggi

The Credit Agricole group does not want to own an investment banking division. I have worked on deals in the various Americas Rep Offices, European Branches, and Head Office, and everywhere the mentality is the same: pursue the same roster of clients and their subsidiaries that have been with the bank since it was Credit Lyonnais (or even earlier, Banque Indosuez). It is incredibly difficult to convince management to let us pitch clients that do not fit the "Traditional" CACIB mold, even if these kinds of clients are shrinking by the day. I suspect that the Credit Agricole group's plan for CACIB, and by extension the New York Branch, is to let the roster of existing clients very slowly shrink until CACIB is small enough to close in some ten or twenty years.

Esplora altre recensioni su CACIB

5,0
21 ott 2025
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

Good people that help you

Svantaggi

I do not have any

2,0
6 gen 2026
Consiglia
Gradimento del CEO
Pronostico commerciale

Vantaggi

- Good work life balance. - Good atmosphere in my team.

Svantaggi

- Salary is 30-40% under market, despite "above expectations" at performance reviews and consistent positive feedbacks. Run away if you're on a visa, they'll take advantage of you. - I agree with other comments, HR team is toxic, power play. - Slow. - Don't expect to be able to change things. - No IT culture, lots of manual tasks with low value added due to very poor IS. You'll spend half your time exporting data from legacy systems, manipulate the data and do low value added reporting. As an example, you need to go through a poorly designed UI to export a greek, and wait ~15/30min to proceed with another export. And you only have access to a quarter, so for a period of one year, it's 4 exports. Imagine having to export 3 different greeks over a year, that's 12 exports. - IT team couldn't whitelist yahoo finance endpoints after two years of back and forth with several IT teams.

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