Pros
Big group that has diversified business lines, may have internal transfer opportunities too.
Cons
Not so systematical in role design, full time IBD analysts need to wear multiple hats in the same time with limited support from back office/facilities.
Bonus of full times delivers over 2-3 years instead of 1 year, e.g, only gets 50% right at the evaluation month after the performance year, then 25% in the next year, then 25% in the next next.