BNY Mellon Project Manager Reviews | Glassdoor

BNY Mellon Project Manager Reviews

Updated May 25, 2017
42 reviews

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Project Manager

3.0
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Charles W. Scharf
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Pros
  • Excellent Work Life balance,Better Compensation (in 361 reviews)

  • Life and Work are perfectly balanced Great Work Environment (in 170 reviews)

Cons
More Pros and Cons

  1. "VP, Direct of Financial Reporting & Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Vice President & Director of Financial Reporting Project Manager in Wilmington, DE
    Former Employee - Vice President & Director of Financial Reporting Project Manager in Wilmington, DE
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Many locations to choose from

    Cons

    Large size makes it difficult to identify SMEs at times

    Advice to Management

    develop resources, work directly with reports


  2. Helpful (1)

    "Laziest Bank on the Street"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in New York, NY
    Current Employee - Project Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    If you like the 9-5 lifestyle, this is the place for you. It is easy to get by the day without accomplishing much... a majority of employees are suffering from midlife crises and seem to have just "settled" at BNYM.

    Cons

    - Values face-time over efficiency and quality of work
    - Management (for the most part) has poor communication and does not know how to manage without micromanaging. I have had four managers in my time at BNYM--one regularly monitored his employees' Lync statuses; another requested that all time away from desk, including 15-minute coffee breaks, be added to everyone's Outlook calendars
    - Salary and bonus is subpar for the industry. One year, my "bonus" was a $100 gift card to TGI Fridays
    - A lot of dead-weight: BNYM tends to hire multiple FTE and contractors to do the work of one or two employees

    Advice to Management

    Reward and promote employees based on performance and not on face-time. Ensure that the employees hired are actually needed and clearly communicate their responsibilities at the beginning of their employment.

  3. Helpful (4)

    "Underpaid"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in King of Prussia, PA
    Former Employee - Project Manager in King of Prussia, PA
    Doesn't Recommend
    Positive Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time (More than 8 years)

    Pros

    Had a good relationship with management. Good location. Decent health benefits. Met nice people that have turned into great friends.

    Cons

    I was promoted twice in two years and my salary barely moved. I had to leave because I was grossly underpaid.

    Advice to Management

    Pay your people what they're worth and they won't leave.


  4. Helpful (2)

    "manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager in King of Prussia, PA
    Current Employee - Project Manager in King of Prussia, PA
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

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

    Pros

    able to work from home

    Cons

    Company not stable for employees

    Advice to Management

    Go to classes on how to be a good manager. Don't listen to others on what they may or may not think of your employees figure it out your self.


  5. Helpful (1)

    "Solid upward mobility."

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Specialist Project/Program Manager in Pittsburgh, PA
    Current Employee - Senior Specialist Project/Program Manager in Pittsburgh, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    Good Project Manager position, non micro managing. Flex time / Work from home options. Great training program. Positive work environment.

    Cons

    Need to open more to an Agile and scrum community. Tenured employees can get to set in their ways and need to open to new points of view.

    Advice to Management

    More open to agile.


  6. "Technical Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Technical Project Manager in New York, NY
    Former Employee - Technical Project Manager in New York, NY
    Recommends
    No opinion of CEO

    I worked at BNY Mellon (More than a year)

    Pros

    Utilize trending technologies in day to day work

    Cons

    Insufficient long term planning, uneven work distribution


  7. "Senior PM"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Contractor - Senior Project Manager
    Current Contractor - Senior Project Manager
    Recommends
    Positive Outlook

    I have been working at BNY Mellon as a contractor (Less than a year)

    Pros

    A lot of learning opportunity

    Cons

    Terrible client, neverending workload, terrible work/life balance.

    Advice to Management

    Hire more people to support to Bridgewater client demands or keep losing talent to burnout

  8. Helpful (1)

    "Sr. Technical Project Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Technical Project Manager in Wilmington, DE
    Former Employee - Senior Technical Project Manager in Wilmington, DE
    Doesn't Recommend
    Positive Outlook
    Disapproves of CEO

    I worked at BNY Mellon full-time (More than a year)

    Pros

    Good colleagues and the Wilmington Offices are fairly laid-back. It can be good place to work though it is very dependent on who you report to and the department you're in.

    Cons

    Sclerotic business with old technology masquerading as 'innovative'. The executive level is slow and indecisive, often adopting technologies and methodologies as if they are 'new' that are actually very out of date. Promotions, raises and bonuses are small and arbitrary. The organization is very bureaucratic with different lines of business working often at cross-purposes. Many of the jobs that are usually aligned under Technology are misplaced under the business units. If you like working in a logical business environment where good performance is respected and rewarded this is not the place for you. However, if you want to know what technology and businesses were like way-back-when then you'll be very happy here.


  9. Helpful (2)

    "Low on merit"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Project Manager in New York, NY
    Former Employee - Project Manager in New York, NY
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

    I worked at BNY Mellon (Less than a year)

    Pros

    Work life balance is good, and work life is not cut-throat. Most of the employees have been there long term.

    Cons

    Lack of diversity especially for women. Lacks a meritocracy. Senior management has very outdated ideas and is dominated by white men.

    Advice to Management

    Change, America has been changing for the past 20 years, time for you to pull up your socks.


  10. Helpful (2)

    "Good and bad"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Project Manager III in Pittsburgh, PA
    Current Employee - Project Manager III in Pittsburgh, PA
    Recommends
    Positive Outlook
    No opinion of CEO

    I have been working at BNY Mellon full-time

    Pros

    Good benefits other than healthcare. Vacation time is good from the start of employment. Solid company that is well known

    Cons

    Many jobs are filled in India and mgmt doesnt seem to care about employees. India employees get all the promotions and training and a majority of the work is done by US based staff. Employees are required to use their own cell phones to do company work.

    Advice to Management

    Show respect to your employees instead of just talking about it. Hire people in US who will be loyal instead of India staff who get training and then leave.