Pros
Great work/life balance, low-stress, minimal meetings, and excellent project management. Epics and stories are always well thought out with clear criteria. You'll have the opportunity to take ownership of projects and your voice can help shape the product. RFCs allow you to go into detail about an idea and get feedback from your teammates. Engineering management always has an open door and is always happy to hear feedback. A departmental meeting every 2 weeks covers important topics and give you a chance to present to the department at large (if you ever desire to). Excellent processes/workflow, continuous delivery pipeline, and development tooling. You can be up and running on day 1. This is nothing short of an amazing team to work with.
Cons
Exposure to the rest of the company can be a bit limited (although there are monthly all-hands meetings). This may be a positive for you though, depending on your preferred work style. And on the flip side, you may be surprised how many people have heard about you if you get opportunities to branch out--leadership gives credit where due when discussing their teams' achievements.