There are newer employer reviews for BNY Mellon

 

hardworking individual that worked as an integral part of the group

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Operations Supervisor  in  Everett, MA
Former Employee - Operations Supervisor in Everett, MA

I worked at BNY Mellon

Pros

I really felt there was a strong sense of accomplishment for a job well done.

Cons

the hours of the daily valuation interfere with living a normal life

Advice to ManagementAdvice

I think sometimes there needs to be a broader prospective when it comes to how much time in a salaried employee's working life that can be compromised.

Recommends
Approves of CEO

1238 Other Employee Reviews for BNY Mellon (View Most Recent)

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  1. 2 people found this helpful  

    Stodgy, Stone Age Thinking, Lack of Innovation, and Stifled by Compliance.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Private Banking Administrator  in  Camp Hill, PA
    Current Employee - Private Banking Administrator in Camp Hill, PA

    I have been working at BNY Mellon

    Pros

    The best reasons would be if your interested in pursuing a career in compliance and accounting go for this job, if its sales your looking for, go elsewhere!

    Cons

    They are over-ridden with compliance rules and regulations, it hampers sales efforts and their internal politics warfare stifles productivity and innovation ultimately leading to stagflation, which goes hand in hand with our current economic situation.

    Advice to ManagementAdvice

    I would flatten the organizational hierarchy, improve communications, reduce compliance restrictions to increase sales, increase incentives to all employees regardless of tenure, and place an emphasis on increasing productivity through sales through revamped policies and mergers of separate departments within existing division.

    Doesn't Recommend
    Disapproves of CEO
  2. 4 people found this helpful  

    Politics and fools rules the roost. Caveat emptor.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Software Architect  in  New York, NY
    Current Employee - Software Architect in New York, NY

    I have been working at BNY Mellon

    Pros

    The security of working for the Bank is fairly well known within the financial district of New York. In fact, it seems a large percentage of the workers are what some circles would label, "lifers". Furthermore, this is one of the nine banks awarded a piece of the bailout money and hence deemed necessary by the US for the financial health of the nation. In these tumultuous times and despite the recent announcement of layoffs, its a fairly safe harbor.

    Cons

    It seems that a fair number of employees of the bank don't do well at their jobs and just do the bare minimum to keep it. In fact, with all the extraneous reporting forced upon its employees, the Bank actually encourages wasting of time. It may sound odd but this is one of those private institutions most like working for the government; politics and favors rules the roost here. It's horribly depressing, actually.

    Advice to ManagementAdvice

    Listen to what your employees are saying and trust your employees.

    Approves of CEO
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