BNY Mellon Reviews in Jersey City, NJ | Glassdoor

BNY Mellon Jersey City Reviews

Updated June 18, 2017
34 reviews

Filter

Filter

Jersey City, NJ

3.0
Star Star Star Star Star
Rating Trends Rating Trends
Recommend to a friend
Approve of CEO
BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
15 Ratings

34 Employee Reviews

Sort: Popular Rating Date

Pros
  • Work life balance is good in certain areas (in 336 reviews)

  • Life and Work are perfectly balanced Great Work Environment (in 162 reviews)

Cons
More Pros and Cons

  1. "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Jersey City, NJ
    Former Employee - Anonymous Employee in Jersey City, NJ
    Approves of CEO

    I worked at BNY Mellon full-time (More than 5 years)

    Pros

    The people are generally nice and care about each other and the company. Organization recognizes some of its issues and is actively working to make it better.

    Cons

    Company is not always clear and transparent. Organization moves very slowly. There are too many siloed groups. It can take a year to get a project approved as you market it internally to gain support.

    Advice to Management

    Reorganize to reduce silos. ALL products should be managed in one team.


  2. "Not the best place for ScrumMasters"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - SENIOR SCRUMMASTER in Jersey City, NJ
    Former Contractor - SENIOR SCRUMMASTER in Jersey City, NJ
    Doesn't Recommend

    I worked at BNY Mellon as a contractor (More than a year)

    Pros

    The organization seems to be interested in supporting Agile.
    The project team is receptive to following Agile values and principles.

    Cons

    ScrumMaster was reporting to inexperienced Agile Coach.
    Minimal communication and feedback with ScrumMaster to Agile Transformation lead.
    Lack of support for the ScrumMaster role.

    Advice to Management

    Revise the organization structure that allows ScrumMasters to support, improve and grow with the team.
    Change the management mindset into a collaborative, incremental improvement mindset.
    Provide more support and engagement to the ScrumMaster and ScrumMaster rle

  3. "Mis-managed IT department"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Senior Management
    Current Employee - Vice President in Jersey City, NJ
    Current Employee - Vice President in Jersey City, NJ
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at BNY Mellon full-time (More than 10 years)

    Pros

    - Good benefits
    - Work from home

    Cons

    - No work/life balance
    - Development work sent to offshore subsidiary iNautix
    - Bureaucratic - too many layers for simple approvals. Highly inefficient
    - Health plan quite expensive with large out of pocket expenses for employees

    Advice to Management

    - Good step - CIO is being replaced.
    - Promotions should be based on merit - not who you know or which region/country you come from or your religion
    - Remove layers of bureaucracy


  4. Helpful (2)

    "Organizational Chaos"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Program Manager in Jersey City, NJ
    Current Employee - Program Manager in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Trying to emulate a start up culture.

    Cons

    Pay is not as competitive as other big banks or funded start ups. There is enormous organizational chaos. Most of the middle and upper management are tenured and provide lip service to modernization and collaborative spirit. Hiring and onboarding not very efficient.

    Advice to Management

    Hire managers with not just technical skills but also knowledgeable about organization behavior and have leadership acumen. Have an enthusiastic on-boarding process for new employees. Remove dysfunctions within and across teams. Create a system of accountability. Teams providing services to other teams should be accountable for their products and services.


  5. "Investing in the future"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President - Technology in Jersey City, NJ
    Current Employee - Vice President - Technology in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good company - investing in future. Sr management is aware the bank needs good talent and invest in new technologies.

    Cons

    healthcare options offered are poor


  6. Helpful (2)

    "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Jersey City, NJ
    Current Employee - Vice President in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Benefits exclusive of the Insurance

    Cons

    In Tech. most of the groups of Indian only. Be prepared for office politics

    Advice to Management

    Need to be culturally diverse.


  7. "business analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Room for growth and family oriented

    Cons

    Some managers do not take your ideas into consideration and training can be slow

    Advice to Management

    Take time to listen to ideas of some of the employees

  8. "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee in Jersey City, NJ
    Current Employee - Anonymous Employee in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Fantastic Place to work and my direct manager is fantastic, very proactive and collegial!

    Cons

    None that I can think of

    Advice to Management

    promote me :)


  9. "CAO for technology division"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Chief Administrative Officer in Jersey City, NJ
    Current Employee - Chief Administrative Officer in Jersey City, NJ
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Flexibility, lot of opportunity for hard workers to deliver and progress. Great team environment. Good access to executives and enjoyable environment.

    Cons

    Very slow to change, uphill fight to secure funding for some basics while 'novel' development is bleeding money away. HR centralization has just left business carrying the workload


  10. Helpful (1)

    "Vice President"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Vice President in Jersey City, NJ
    Current Employee - Vice President in Jersey City, NJ
    Doesn't Recommend
    Positive Outlook

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

    Pros

    Working from home is an option. Work/life balance is good. Some good and knowledgeable people work here.

    Cons

    Dysfunctional corporate culture. Bureaucratic overhead is brutal. If you want a safe and boring job, this is the place for you.

    Advice to Management

    Stop firing your best people. Try to fix the silo mentality.


Showing 34 of 3,143 reviews
Reset Filters