Pros
1. Brand name is good, and also a powerful bank. 2. Training opportunity in New York, where you can systematically learn a lot of technologies. 3. You have the opportunity to work with smart people and embrace new technologies. 4. Their IT infrastructure is the best I have seen so far.
Cons
1. Salary of trainees barely aligned with market average. 2. If you unfortunately work in team that sits far far away in the back office (almost no interaction with front desk), and you are more comfortable with coding rather than talking/managing, your annual salary increase and compensation might be small, or barely match inflation rate. One year may be okay. But if you stay there for a few years, you will find yourself significantly underpaid, compared to your peers hired from the market who do the same daily job as yours. 3. Workload and responsibility is too much for the salary they pay. 4. As with all large companies, bureaucracy is everywhere. You have to make your performance visible to MD+ level to get your effort somewhat appreciated.