Pros
Small office feel, within a large company. Sector coverage teams are relatively small and don’t follow traditional IB hierarchy providing lots of opportunities for growth. Groups work together cohesively (from my experience) and share a common goal, creating a small entrepreneurial type environment. Pay structure is very fair and you will be rewarded for quality work and output. **This is based on my experience within my own group and may change from group to group
Cons
Due to small groups, hours can be quite long. However, consistent deal flow is also a positive. As the company/ my group operates with an entrepreneurial approach, the communication and collaboration between other groups within the company is sometimes not great. However, each group has specialized focuses so sometimes collaboration is not very helpful.