Goldman culture killing the BLK culture - Compliance VP BlackRock Employee Review

2.0
31 Jul 2024
Recommend
CEO approval
Business outlook

Pros

Used to be a great L&C function in London with some great individuals in most teams. Good office location Work is stimulating and varied

Cons

A Goldman culture of fear and self-importance at the top of the Global Compliance function has killed the great atmosphere and the dynamics that used to exist. Senior L&C staff swan over to the London office on trips and it has to be treated like a Presidential visit full of fake forced fun and excitement otherwise you face the chop. All of this is combined with the wider "Big Brother is watching you" mindset that developed post-COVID, (e.g. you get put on a list and spoken to if you only came in three times the previous week or "You left 30 minutes after your contracted working hours - do you not have enough work?") A lot of good people have either been made redundant or are leaving the firm and new roles are only open in Edinburgh and Budapest which is part of the brainwave to drive costs down to maximise profit at the cost of talent (the brilliance of Goldstein). The staff that are left are now seriously overworked and there will come a breaking point. Too long have resources been pumped into Budapest and now Edinburgh and the people propping up the EMEA Compliance function are getting smaller and smaller. The last Christmas party was in 2019 - 2020 and 2021 were cancelled due to COVID and then never spoken about again. They even stopped with the "Pizza Parties" after the first 6 months and just decided to fire you if you didnt come into the office instead.

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5.0
27 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Very Big company and alot of access to amazing people.

Cons

You have to work in Wilmington Delaware.

4.0
30 Jun 2026
Recommend
CEO approval
Business outlook

Pros

Respectable company, working with smart people for the most people.

Cons

Huge company, can be hard to navigate, almost impossible to get fired so good workers pick up slack for bad works. They need to trim fat faster and better

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