Vantaggi
- Brand: once you have it you pass the resume screening for ITWs at the junior level - Compensation: if the market is booming, you get a good one... - People you work with: you learn everyday / most of the portfolio managers are smart and like sharing knowledge - Culture: very good banter / not that much bureaucracy
Svantaggi
- Job at risk: no matter your level is, no matter your performance is, no matter the long term outlook of the business, if your products / funds are struggling to find investors' appeal or are in the downside cycle regarding performance or fund raising in the short term, you are likely to get laid off... - Political decisions: during the 2008 crisis, the board gave signs to markets: fired a lot people / BUs seen as dead-ends in the coming months...despite the irrationality on the long term. Moreover, some top executives are involved in political moves to yield more power / advancement that may threaten your job.