Natixis Porto - A place that could be awesome! - Stagiaire Natixis Employee Review

3.0
May 16, 2018
Recommend
CEO approval
Business Outlook

Pros

If you look for a place where you get paid and don't have much to do, this is the place!!! New company, new facilities, new people. In almost all cases, very good environment between coworkers! If you don't have work, they will give you nice bonus and wage raise! If you don't have work, you have playstation, baby-foot and ping pong to play and a nice terrace to go for a cigarrete!

Cons

Too much amateur or junior people, balance is being lost; People don't have work in many, many cases, so they are quitting because they get frustrated; An unbelievable amateur, out of reality HR department!!! Actually sometimes i think they have no idea in what they are doing! If you have work, wage raises are very low or don't exist, and bonus is very small when compared to teams that don't have work! I personally felt this!!! They cheat to hire people, promise good things and work, but in reality it's not what happens. Many teams work portuguese bank holidays because it's not a bank holiday in france! Fot those bank holidays you will be paid a maximum of 75% of your wage! They will offer you, let's say, 30K per year. But then when you go to sign a contract your 30K per year will be divided in 25% for "Isenção de horário" and some more percentage to "flex"... Then you have a clause in contract stating that Natixis can take that from you at anytime! They also don't explain that those percentages stop counting for your hour rate, which means that if you need to do overtime or work a bank holiday, you get paid less than in a normal day!

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Natixis Response
7y
Thank you for your feedback on Natixis. We are very committed with our people’s feedback and ideas to create a better environment within our IT Center of Expertise in Portugal. For this reason, we invite you to present your situation and suggestions to HR and/or your manager. Your opinion is very useful for us.

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5.0
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CEO approval
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Pros

Nice people Work life balance

Cons

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1.0
May 11, 2026
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

A lot of easy transportation options.

Cons

I'll be direct: Natixis CIB's management has a serious disconnect from market reality, and a recent job posting ("IT compliance and finance manager") is a perfect example of it. They are advertising an L1 IT management role — a squad lead position — with a requirement list that would challenge a senior director at a top-tier bank. Python, SQL, Informatica, Business Objects, Power BI, Easymorph, Sybase, CI/CD, Agile, data modeling, requirements gathering, budget management, Steerco presentations, compliance oversight, and direct people management — all in one role, all expected simultaneously. The compensation attached to this does not come close to reflecting that scope. Not even close. This isn't an isolated posting. It reflects how Natixis routinely structures roles: overload the job description, underpay the hire, and then use performance management as a pressure valve when the person — predictably — can't do everything. I have personally seen talented, experienced managers placed into roles like this and then PIPs'd out when they couldn't deliver the impossible. The PIP process here is not a development tool. It is an exit mechanism dressed up in HR language. Leadership operates in a top-down, Paris-driven model that is slow to change and resistant to accountability. Decisions that should take days take months. Technology choices lag the industry by years — the tools listed in this posting (Informatica, Business Objects, Easymorph) tell you everything you need to know about the modernization roadmap. If you are a strong IT manager with real skills and real options, do not take this role at the pay they are offering. You will be stretched thin, undervalued, and held accountable for systemic failures that predate you. The market will pay you significantly more for less frustration.

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