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Promontory Risk Review

Is this your company?

Do not work here - Analyst Promontory Risk Review Employee Review

1.0
17 Mar 2019
Recommend
CEO approval
Business outlook

Pros

The people you work with are great, you get to know them very well, one because you sit about 2 feet from eight different people, and two because you hear them talk about extremely inappropriate work topics at a loud volume about seven hours out of your work day. Benefits are decent. Paid time off is great. They have a flexible schedule “policy” but in recent times have taken a complete 180 and don’t even adhere to their own written procedures...

Cons

If you make any sort of hr compliant, whether it’s sexual harassment, racist comments, etc. don’t expect them to ever be taken seriously. Don’t ever expect a raise. If you do get a raise, it’s because the company was underpaying you to being with. It’s an extremely competivie environment, because raises and promotions are extremely rare. When they do occur, it is based purely on favoritism. Opportunities are a joke. Annual bonuses are a spit in the face to analysts. 95% of the employees there are other looking for a way out or actively seeking other employment. It is rare to see analysts who have been there over a year. It is a consistent revolving door. PRR is the definition of a toxic work place.

Explore other reviews about Promontory Risk Review

5.0
5 Jun 2024
Recommend
CEO approval
Business outlook

Pros

Wonderful working environment, lots of overtime, worked with a lot of brilliant people.

Cons

Project ended abruptly, but that is the nature of such projcts.

2.0
21 Oct 2025
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Good people, interesting and varied work across the AML industry. Used to be a great place to build a career.

Cons

IBM acquired the company in 2016 under their former CEO, and the new regime of IBM leadership is either unable or unwilling to develop the business. Over the past few years there has been an exodus of talent at all levels, stagnation of pay (including diminishing bonuses and raises), major increase in outsourcing operations to India, and evaporation of client contracts. In short, there is no opportunity at this company for a prospective U.S. based AML professional. Unless something drastic changes this will be a strictly offshore operation within a couple years, but even that I'm not sure about. I cannot emphasize enough how much IBM leadership has failed to understand, market, and develop this company.

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