Pros
This is a very important business to global finance and there are some clever and engaged people working here but there are some very serious issues with its internal operations.
Cons
By any sensible metric there would be a warning flag up, due to the sheer number of people leaving, senior staff turnover and moral, but oversight seems to be poor and no-one seems to be able to challenge for risk of being black marked. The HR department in particular has a direct, negative and divisive influence on the CEO, the culture and increasingly the operation of the business. It is grotesquely bloated and constantly trying to wag the dog, despite having no strategic wherewithal. There are dozens of HR people for an entire business of only 300 or so and with no concept of the real requirements of the business, just telling the leadership what they want to hear and trying to create more non-critical work to keep itself employed. Staff are constantly being told of the need to ‘engage', while repeat staff surveys achieve nothing when the feedback is either manipulated to make the case for HR spending more, or even worse, ignored entirely. Very demoralising and counterproductive.