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

BNY Mellon Reviews

Updated Apr 22, 2014
All Employees Current Employees Only

2.8 1,008 reviews

                             

64% Approve of the CEO

BNY Mellon Chairman, President and CEO Gerald Hassell

Gerald Hassell

(259 ratings)

45% of employees recommend this company to a friend
1,008 Employee Reviews
Relevance Date Rating
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Review Highlights

Pros:
  • "Good work/life balance and generally fellow employees want to succeed"
    in 93 reviews
  • "It offers good benefits, very laid back and relaxed working environment"
    in 55 reviews
Cons:
  • "No room for growth, once someone gets to middle management, the career growth is shut off"
    in 22 reviews
  • "Senior management is not engaged at all in the day-to-day operation of the company"
    in 39 reviews
  • Show more review highlights

Reviews

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Financial Analyst

Financial Analyst (Current Employee)
Houston, TX

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

ProsGreat environment to work in

Conssalary compared to work load

Advice to Senior Managementpay more or consider telecommuting

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A company in transition

Anonymous Employee (Former Employee)
New York, NY

I worked at BNY Mellon full-time

ProsOpportunity to work with a lot of people who really have a desire to improve the organization. Depending on the group you were in, opportunity existed to grow within the organization

ConsProfit focus of leadership has resulted in some segments of the organization loosing touch with their resources/ Work life balance is not consistent and the sub-cultures in particular groups are bias

Advice to Senior Managementdon't loose focus on your employees as you look to transition the company

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

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Started my Career

Senior Manager (Former Employee)
Nashville, TN

I worked at BNY Mellon full-time for more than 5 years

ProsTons of opportunities all over the world. Exposure to big business strategies, cutting edge technology, education assistance, good benefits, and international experience.

BNY Mellon was my school so to speak. I broke into the management game here, learned tons, was given opportunities to challenge mindsets, and introduce new ideas.

I was lucky enough to find a company that brought me on board with almost virtually no experience. I worked hard, smart, and networked smart. I was able to excel and grow as a professional.

ConsThe dollar rules all. There isn't as much investment in staff as I think is appropriate, and the executive management teams are very much old school New York. During my tenure, I saw years where raises and bonuses were frozen. In some of the firm's low cost markets, pay was exceptionally low, it was very difficult for me to hire High Caliber employees at the pay ranges we offered.

Advice to Senior ManagementRe-Think how much you want to invest in your work force in low cost markets. It was the driving factor in why I left, and I know others have left for similar reasons. Re-Evaluate the return on investments when it comes to your employees. Happy employees will always outperform their unhappy peers.

Yes, I would recommend this company to a friend

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Cool place

Anonymous Employee (Current Employee)

I have been working at BNY Mellon

ProsI would work there full time, and people are friendly. Good pay

ConsHours could be horrible at times. Career advancement is limited

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

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Repetitive

Doc Custody Representative (Former Employee)
Pittsburgh, PA

I worked at BNY Mellon full-time for more than a year

ProsFriendly people, supportive, trainable, intelligent

ConsSupervisors not respected, the need more training on how to deal with reprentsenative

Advice to Senior Managementsupervisor training

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

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Acceptable to begin a career

Associate (Current Employee)
Syracuse, NY

I have been working at BNY Mellon full-time for more than 5 years

ProsYou will learn about the financial industry to some extent. If you show initiative, drive, and ability, you will be rewarded with more work and responsibility. I wouldn't recommend staying here too long, but there is value here for an early career professional (emphasis on early). Time off is generous; you likely won't be asked to work beyond your scheduled hours.

ConsThe level of competency of some of your co-workers will be shocking. This is a place that the unskilled and unmotivated are permitted to hide/float by. If you don't work in NYC or Pittsburgh, you will be largely ignored. Very low pay compared to industry.

No, I would not recommend this company to a friend

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Lots of projection experiences

Senior Cash Reconcilation (Former Employee)
New York, NY

I worked at BNY Mellon as a contractor for more than 10 years

Prosprotensional growth within system real time

Consworking with irate customers daily

Advice to Senior Managementconsideration for ideas

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

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Up to you to make the most of it

Relationship Manager (Former Employee)
Dublin, CA

I worked at BNY Mellon full-time for more than a year

ProsWell established business, with great facilitates for education and career and personal development, it's really down to you go take charge of your experience as the company is so big and middle management can be lacking in people development skills

ConsVery split between the business units with no interaction between colleagues

Yes, I would recommend this company to a friend

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No growth

Operations Analyst (Current Employee)
New York, NY

I have been working at BNY Mellon full-time for more than 10 years

Prosfriendly people ,global environment ,interact with many different departments, you get to learn different aspects of the business

ConsNo growth ,No motivation for good people to move to the next level, associates do the same job for years. Moral is very low, raises are very low

Advice to Senior ManagementPromote people who deserve to be promoted , Have more incentives for company growth ,raises & compensation is very low ..Mangers don't encourage good workers for promotion..

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

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Created a variety of elearning courses in Captivate. Training Project Manager for offshore transitions.

Corporate Learning Manager (Former Employee)
Pittsburgh, PA

I worked at BNY Mellon full-time for more than a year

ProsWork from home 1 day a week

Conslayoffs, hard to interview for posted jobs

Yes, I would recommend this company to a friend – I'm not optimistic about the outlook for this company

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