BNY Mellon
2.8 of 5 1,008 reviews
www.bnymellon.com New York, NY 5000+ Employees

BNY Mellon Reviews in Jersey City, NJ

Updated Apr 3, 2014
All Employees Current Employees Only

3.0 10 reviews

                             

100% Approve of the CEO

BNY Mellon Chairman, President and CEO Gerald Hassell

Gerald Hassell

(3 ratings)

56% of employees recommend this company to a friend
10 Employee Reviews Back to all reviews
Relevance Date Rating
in
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Decent

Summer Analyst (Current Employee)
Jersey City, NJ

I have been working at BNY Mellon as an intern for less than a year

ProsGreat experience, I felt like I learned a good amount but the whole summer

ConsCompletely dysfunctional, some things did not really make sense and most managers didn't really help all their interns. I have heard the pay is low

Advice to Senior ManagementBe a little more clear and caring please.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Large bank with many issues after two acquisitions.

Anonymous Employee (Former Employee)
Jersey City, NJ

I worked at BNY Mellon full-time for more than 8 years

ProsLarge corporation with many areas of business.
Variety of workplaces with offices across the country and overseas.

ConsVery political workplace with more issues after the acquisition of the Bank of New York and subsequent merger with Mellon. There is a financial firm called Pershing that was layered into this and for those working for Pershing, issues never stopped once the merger and acquisitions were over. Lay offs and push of jobs to India has caused tension and overwork for the entire company. Many good employees let go with no explanation.

Advice to Senior ManagementTry harder to hold on to the good employees rather than allowing the sub par ones to remain even though they are making less. Be aware of your entire firm and not just the bank side.

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

Enjoyed my time, Fast paced, all new technologies

Senior Project Manager (Former Employee)
Jersey City, NJ

I worked at BNY Mellon full-time for more than 10 years

ProsTalented staff, ability to work remotely at times

ConsSometimes too aggressive on delivery

Advice to Senior Managementtoo many offshore members that are jr level doing senior level roles

Yes, I would recommend this company to a friend – I'm optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

We want your feedback – Are these company reviews helpful to you?  Yes | No
  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

1 person found this helpful  

bleh

Anonymous Employee (Current Employee)
Jersey City, NJ

I have been working at BNY Mellon as a contractor for less than a year

ProsThe benefits is that this company has the potential to be great. They have access to resources such as talented people.

ConsThe culture is toxic with people either brown nosing and allowing themselves to be kicked around like a dog. Or exclusive ethnic groups cluster and babble in their own language all day. The pay is crap in terms of what they want you to put out. Also, the management has control issues and will only promote people who play dumb and suck up.

Advice to Senior ManagementNone. It's endemic.

No, I would not recommend this company to a friend – I'm not optimistic about the outlook for this company

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

1 person found this helpful  

BNY Mellon Shareowner services

Anonymous Employee (Former Employee)
Jersey City, NJ

I worked at BNY Mellon as an intern for less than a year

Prosgreat people, great management. Work environment was comfortable, and was made even more comfortable with the CEO being a fun person to have a short talk with, given you are both on a break at the same time

Conscompensation was alright. Being in financial services, one would expect to be compensated more.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Culture & Values
         
  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

It was all in all a great experience, in the beginning.

Customer Service Representative (Current Employee)
Jersey City, NJ

I have been working at BNY Mellon as a contractor for more than a year

ProsThere are several opportunities for growth. They do monitor and promote often. Very professional environment.

ConsI was there during the merger. There was a problem with getting new equipment that was needed to perform my duties efficiently. I never received it, and clients grew angry, and as usual, took it out on the customer service reps. They were more concerned with the merger than their clients and employees at that time. Still I shouldn't have left. Even today, they are willing to take me back, if I relocate back to area.

Advice to Senior ManagementListen.

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

Good

Intern (Former Employee)
Jersey City, NJ

I worked at BNY Mellon

ProsInformative and good presentations by management

ConsNot enough responsibility and had to ask for work

Advice to Senior Managementgive interns more responsibility

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

 

I think Bob has had a tough situation this year, and he has handled it very well.

Marketing Manager (Current Employee)
Jersey City, NJ

I have been working at BNY Mellon

ProsThey are not very strict on anything except compliance. A little bit of work goes a long way. It seems very hard for them to fire people.

ConsThe quality of people you work with is very low. Many people seems unmotivated and uneducated.

Advice to Senior ManagementKeep the young blood you have int he organization by providing them opportunities to grow quickly. Perhaps have management fast tracks.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • Approves of CEO

1 person found this helpful  

At least we aren't going under

Project Manager (Current Employee)
Jersey City, NJ

I have been working at BNY Mellon

Prosnice offices, and some nice people. We get in someways overloaded with information, which if I didn't have a job to do I could spend the whole day reading. I'm glad they got out of the mortgage business and happy they are conservative.

Consno promotional opportunities. cubicles are small, , not enough people, layoffs frequently. Would like closer scrutiny of the managers in Jersey City, they have some very weak ones.

Advice to Senior Managementget rid of the old boys network, put in standards for managers and make them accountable

Yes, I would recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review

  • Work/Life Balance
         
  • Senior Management
         
  • Comp & Benefits
         
  • Career Opportunities
         
  • No Opinion of CEO

 

MBAs from Prestigious Business Schools, We Gotta Place for You to Work!

Senior Analyst (Current Employee)
Jersey City, NJ

I have been working at BNY Mellon

ProsBigcompanyitis; you can hide here. Also, if you are a minority with an MBA from a prestigious business school, you'll make it here big time.

ConsDefacto hypocrisy: it's not a "Great Place to Work" and there is no work/life balance, unless you suscribe to work > life formula

Advice to Senior ManagementThey need to learn more about themselves, and understand that they too have biases and faults that contribute to the dysfunction of the organization, as opposed to blaming "underlings". They also need to learn about the dysfunctions of their corporate culture and "cure" them before embarking on fad programs which they think will "cure" their ills.

No, I would not recommend this company to a friend

Was this review helpful?
Yes | No
Add Employer Response Flag Review
RSS Feed Embed

Worked for BNY Mellon? Contribute to the Community!

Your response will be removed from the review – this cannot be undone.

Glassdoor is your free inside look at BNY Mellon reviews and ratings in Jersey City, NJ — including employee satisfaction and approval rating for BNY Mellon CEO Gerald Hassell. All 10 reviews posted anonymously by BNY Mellon employees.