BNY Mellon Reviews

Pros

Great atmosphere and company to work for

Cons

None so far at this time

Pros

It's a steady paycheck. Some of the people are very nice, even if not the sharpest blades in the shop.

Cons

Company learned nothing from the pandemic -- now forcing everyone back to the office despite all evidence that it will reduce productivity and efficiency. Micromanagement and rule by committee are the order of the day. Some of the most productive areas are chronically understaffed and under budgeted. New "digital" and "X" units are populated by poseurs and charlatans delivering substandard products and vaporware. Stacked ranking and ongoing layoffs lead to perverse outcomes and unfair division of labor.

Pros

If you are lucky to be in a good team or group with a good group manager. Matching 401K up to 7% but matching is only contributed to 401K at the end of the year so you can’t dollar cost average.

Cons

Non exempt employees can make more money than exempt employees two levels higher with overtime. Annual raises are not keeping up with inflation. Most managers, AVPs and VPs had never went through leadership training. Some teams are filled with incredibly selfish people who don’t help other employees. Most middle managers have no concern for professional development for staff. They just want everyone to stay where they are doing the same tasks. Servicing a financial product gets compartmentalized to gain economies of scale in turn if you don’t move around you are not marketable when looking for jobs outside the company. They know this so they take advantage of lowballing employees in raises and in promotions. Incredibly short sighted company who doesn’t value human capital while courting executive level people.

Pros

Great values Great training Support is amazing Quick hiring process

Cons

Based on individual relationships No cons

Pros

Overall, good place to work, plenty of people to learn from. Higher ups willing to teach you if they see you being curious and willing to learn.

Cons

No downsides really. As with any job, you have to make the most of it. Try to learn, do more than the bare minimum.

Pros

Good exposure and resume headline without the stress of a 12+hr day like at some banks.

Cons

Salary/Benefits could be more competitive within industry

Pros

Work from home.Starting pay is great. Interaction with the clients.

Cons

The starting pay is great, but you should not be stuck in that pay range for more than a year. They hire through temp agencies and hire you permanent from there, but your pay never changes in the process. It would be nice to actually earn a living wage, especially when living in a state with a high cost of living.They pick apart calls for some people —but then you have an employee who out right told a caller where to get off, and he is still there taking calls.

Pros

-Typical large bank. Usually know what to expect. -if member of protected group you will be fast tracked

Cons

-Benefits shrinking (401k in particular, newest change is the match paid all at once in March. Amount of match determined at that time. -Management out of touch - too concerned with pushing social agendas like DEI, Gender ID, etc.

Pros

Excellent opportunity to get exposure to fund accounting.

Cons

When there is work you are busy, when there isn’t it can lead to people getting laid off.

Pros

Flexible environment that allows for learning

Cons

Pervasive culture of getting the minimum done