BNY Mellon

  www.bnymellon.com
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1 person found this helpful  

Lagging behind in tech, but finally trying to catch up

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Culture & Values
  • Career Opportunities
Former Employee - IT Consultant  in  New York, NY
Former Employee - IT Consultant in New York, NY

Pros

You're at the hub of the financial world. A lot going on around you. If you're a main-framer, this is the place for you!

Cons

They seriously lag behind in the technology world. The client machines use OS's that are two generations behind. Everything is locked down, which makes it harder to move ahead.

Advice to ManagementAdvice

I can only suggest things as far as IT goes. It is time to hire more technical folks and start at redoing the infrastructure. Not only will it create jobs, but also help the bank move into the 21st century.

Doesn't Recommend
Neutral Outlook

Other reviews for BNY Mellon

  1.  

    Can't get out of its own way

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Vice President  in  New York, NY
    Current Employee - Vice President in New York, NY

    Pros

    Occasionally good work & life balance

    Cons

    Inept management focused entirely on fee revenue, no IT support, 10+ year old computers that require multiple boot ups, compensation focused on who supports the correct boss (b/c you get more than one).

    A perfect example of BNY Mellon is its Christmas Party. Held every year on the 54th floor of 200 Park Ave, you eat cheap food in other people's cubicles and they serve 2 buck chuck for wine...and it's held on Mondays to discourage attendance.

    Advice to ManagementAdvice

    sell

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  2. 1 person found this helpful  

    Data jockeys wanted at BNY Mellon

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Derivative Operations Specialist  in  Pittsburgh, PA
    Former Employee - Derivative Operations Specialist in Pittsburgh, PA

    Pros

    Very easy work. If you graduated from a decent college, you are already smarter than most people there.

    Cons

    Monotonous work, day to day grind. No career planning or mentoring. Very low pay, and moving up is based almost purely on seniority versus ability and work ethic.

    Advice to ManagementAdvice

    Paying the bare minimum seems smart, but employee turnover, lack of ingenuity, and creative thinking hurts more in the end.

    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO
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