Pros: location. conveniently located near the 4/5/6, 2/3, & e line.
Cons: too busy to eat lunch or use the restroom.
At first, I thought this was a great place to work at, but that quickly changed. Initially, one would think the work environment is friendly and laid back, but you will soon realize it is hostile and promotes instilling fear tactics. There's a significant turnover ratio and people being fired (lay off). I'm not an HR expert, but I think there are quite a bit of temp employees in every group / team. Literally, every group (even if there are only 3 people) has a temp. This, it is very difficult to maintain a sound group structure and workflow when they let them go and rehire another temp, especially since the group doesn't know about it until the last minute. They are losing quite customers and high-net worth clients as their conservative models are not changing with the current flow of markets. Changing strategies are too difficult due the partnership heirarchy. Hence, their next move is to outsource to Poland. They are not the big players in the Finance industy and many big player competitors are surprised they are still in business. If it wasn't for their Custody business, they would probably be out of business already. If you choose to work here, make sure you think about long-term strategies as your days here might be limited. If you have family or dependent relatives, it might not be the best place for you. I've never seen entire departments just closing their business nor Managing Directors being let go due to their Divisions being shut down. If anything, know that the pay is quite low (such as entry-level standards) compared with the competitors. If you live in New York City, you definately should be able to find a better paying job even if you are only a secretary or in customer service.