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Bank of New York Mellon – “Room for Improvement”
Pros
The senior leadership team was very impressive (more so than local leaders) and understood the effort required to build a local office culture aligned with the corporate culture of BoNY. BoNY also offered a reasonable work schedule and I enjoyed a good work-life balance.
Cons
Transforming an organization's culture is a long process and the Houston office has too many A&M alumni and functionally weak VPs from Chase's former CDO business to appeal to outsiders. Some VPs acted as if they were still at A&M or Chase...what a pity. Also, the low-walled cubicles made the office feel more like a call center than a professional environment.
Advice to Senior Management
It wasn't always clear who was in charge at BoNY: Deloitte consultants or functionally/technically weak BoNY VPs.