BNY Mellon Reviews

Updated April 16, 2015
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2.8
1,557 Reviews
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BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
497 Ratings

Pros
  • Good work-life balance in my department, but not in all areas of the company (in 136 reviews)

  • Many good benefits, however, management was not proactive in developing talent (in 77 reviews)

Cons
  • No room for growth, salaries at lower end in the industry and merit increases are close to zero (in 32 reviews)

  • Plenty of talk but no regard for work life balance (in the technology sector) (in 23 reviews)

More Pros and Cons

Employee Reviews

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  1. Helpful (2)

    Vice President

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President Corporate Banker
    Current Employee - Vice President Corporate Banker

    I have been working at BNY Mellon full-time (more than 8 years)

    Recommends
    Neutral Outlook
    Recommends
    Neutral Outlook

    Pros

    Surrounded by talented and well educated professionals. Strong access to LOBs. Access to senior management of fortune 500 companies. Nice mix of analysis, strategy, and client facing. Ability to take initiative and fill in gaps that exist within your respective role.

    Cons

    Senior management is stale. Old school and very hierarchical. Definite silos. Client first in words but not in action. Hard to move up. Lack of cultural identity.

    Advice to Management

    The world is much bigger than the top 50 clients. Executive management needs to be more involved with clients. Adapt to changing landscape - cost reduction can only get you so far.

  2. senior associate

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon

    Pros

    big company you can move around

    Cons

    hard to move up the ladder

  3. IT analyst

    Former Employee - Anonymous Employee in Pittsburgh, PA
    Former Employee - Anonymous Employee in Pittsburgh, PA

    I worked at BNY Mellon

    Pros

    great place to work. Good Work culture

    Cons

    I dont think there are issues.

  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. Securities Settlement Operations

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Securities Settlements in Pittsburgh, PA
    Current Employee - Securities Settlements in Pittsburgh, PA

    I have been working at BNY Mellon (less than a year)

    Recommends
    Positive Outlook
    Recommends
    Positive Outlook

    Pros

    Good training, Good experience, Good name to put on resume

    Cons

    Bad pay, OK training, hard to move up

    Advice to Management

    Train and motivate your employees more

  6. Summer Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Great way to break into the business, lots of resources and mentors, interesting work I am doing which you can see the results.

    Cons

    Disorganized, don't always have something to do, lots of hoops to jump through in order to gain clearance to certain amenities.

    Advice to Management

    Stop trying to micro-manage so much and allow your employees to work individually and in teams without being hounded.

  7. Ok

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Great benefits. Get a lot of vacation time

    Cons

    Hard to move up. Had some interviews but no success

  8. Accounting&reporting specialist

    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Pros

    Schedule is not really flexible

    Cons

    Good environment and really nice team work

  9. Good company to work for.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon

    Recommends
    Positive Outlook
    Approves of CEO
    Recommends
    Positive Outlook
    Approves of CEO

    Pros

    Lot of opportunities available for growth.

    Cons

    Too big. Lot of business division. Hard to understand how all divisions are aligned to company goals.

    Advice to Management

    Less bureaucratic. Lot of education and training about organization and its business structures.

  10. Helpful (1)

    Analyst

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Business Analyst in Orlando, FL
    Current Employee - Business Analyst in Orlando, FL

    I have been working at BNY Mellon full-time (more than 3 years)

    Doesn't Recommend
    Positive Outlook
    Doesn't Recommend
    Positive Outlook

    Pros

    Benefit Package, Diversity, Maternity/Paternity leave, Casual environment,

    Cons

    Culture, Corporate Structure, Slow HR. Very old-school, reactive company. C - organization.

    Advice to Management

    First things first, accountability is a huge issue at BNY Mellon. Management has addressed it, but changes need to be made at all levels. abetterbankofnewyork.com said it better than I ever could have. dont take my word for it, have a look for yourself.

  11. This is one heck of a stressful job but you get used to it.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Shareholder Specialist II in Westborough, MA
    Current Employee - Shareholder Specialist II in Westborough, MA

    I have been working at BNY Mellon full-time (more than a year)

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
    Doesn't Recommend
    Positive Outlook
    Approves of CEO

    Pros

    Casual Enviroment. Friendly co workers, good benefits. Mandatory 5 day vacation option to purchase more, award days/ paid time off for hitting certain criteria, laid back yet professional unit managers that do praise good work and compliment calls, convenient location near home. Plenty of overtime available. Room for promotions.

    Cons

    34k starting salary is laughable. I made 60k my previous job but was laid off. Got in first starting as a contractor temp to perm with lower pay and no benefits. Overall call center experience, Aux buttons to stop incoming calls and you have to be exactly on the phones after 15 min break or 30 min lunch is finished. I feel like a desk puppet with no freedom. I literally have to power walk just to go to the bathroom to get back and take calls.

    Advice to Management

    Give us some freedom to think for ouselves as we get 50-100 calls a day each. Bing Service, Bing Agent, Bing Managed. I dont even have time to look around me and see who is walking around. Im underpaid, we all are. Compensate us as we are the backbone for this company and the clients we work for.

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