Pros
The only good aspect is the work-life balance. Working overtime is not often needed, and everyone regularly takes their holidays.
Cons
The compensation is significantly below the market average. Senior management lacks capability, and aside from the former CIO - who was the only true quant - the other PMs are way much below industry standards. The work environment is highly political. Senior PMs are very insincere - they rely on politics and manipulation to compensate for their lack of competence, always attempting to mislead both the CEO and their researchers. There is no career growth. There are no exit opportunities if you stay too long. My advice to new joiners (if you don’t have other offers) is to aim to leave within two years at most.