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Finally after five years of poor leadership, things are moving in the right direction - Executive Vice President Head of Sales North America Newedge Employee Review

3.0
13 Mar 2014
Recommend
CEO approval
Business outlook

Pros

Great opportunity for the world class sales producers and support staff under talented new SocGen leadership (big Craig Overlander fan from my Bear Stearns days). Lots of very senior management forced out and replaced with talented people who underdstand unified core values, the mission and teamwork. Newedge can finally become profitable again and really excel over the next 24 months with intelligent integration into SG

Cons

Still some very senior management globally need replacement to liberate talented producers, but hopefully that gets fixed by YE 2014. The divisive silos that were built under the previous management the past four years needs to be addressed; from compensation, culture, training and leadership POV. But this can be done and at great benefit to SG, clients and Newedge

Explore other reviews about Newedge

5.0
7 Mar 2017
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Great company with great people working in it.

Cons

Some tasks might be redundant if you're just starting out.

4.0
18 Jun 2013
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Seeing some negative things out here about my company. Some justified...most not. I've worked in financial services for 20+ years, and in my opinion Newedge is still a good place to grow. Benefits from my perspective is the size of the firm relative to our leadership position and the global scale of our operations. Firm size is relatively small at around 2,700. The team I work with is very thin. I've worked at the large shops and prefer the Newedge atmosphere as I find it more rewarding. Smaller teams mean the opportunity to learn more on any project. You also have more direct control for a project's success and means to completion. This is the first global firm I have worked for. Although the hours are not always ideal, in my role I do get to interact with colleagues around the globe. That perspective and experience is beneficial for this role and whatever may be next for me down the road.

Cons

FCMs have had a rough road the last few years and that has had a cascading effect throughout the industry and at Newedge. A side effect of all of this is greater regulatory scrutiny which in turn equates to more checkpoints. Internal/external audit, reporting, compliance oversight are all at fairly elevated levels. The volume of forms to be completed for this request or that request seems overly bureaucratic at times. This all makes the completion of projects that much more challenging.

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