Pros
A great place to start and grow. Good starting salaries and performance based bonuses. Many young professionals keep it competitive; many whom are hungry to move up. Good training programs and opportunities to jump to other areas if you can show initiative. Very flexible in terms of family/work life. If the company is successful, everyone enjoys the spoils.
Cons
UK/NA/Paris office differ in culture and direction. Sometimes it seems as though the EDF machine stalls with lack of clear objectives. There are some that have been there since the Lehman era that have hit a wall and really don't bring anything new to the company. Retention for top talent is not great. Bonuses for trading isn't just performance or book based but how the company does overall. Some good performing traders get shafted while others who get by reap in the benefits.