BNY Mellon Reviews | Glassdoor

BNY Mellon Reviews

Updated December 17, 2018
3,903 reviews

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3.2
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BNY Mellon Chief Executive Officer Charles W. Scharf
Charles W. Scharf
342 Ratings

Employee Reviews

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Pros
Cons
  • "overtimes affect the work life balance" (in 87 reviews)

  • "Not much room for growth or learning, not a challenging environment so it is hard to be ambitious" (in 73 reviews)

More Pros and Cons

  1. Featured Review

    Helpful (10)

    "Global Securities Ops"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Global Securities Processing Ops in Pittsburgh, PA
    Current Employee - Global Securities Processing Ops in Pittsburgh, PA
    Recommends
    Positive Outlook
    Approves of CEO

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

    Pros

    M-F 8:30am - 5pm, no weekends so far.

    Plenty of time to have healthy hobbies after work, study Techy certifications online to open doors for higher paying salaried positions in the tech related field or Fin-Tech related fields of work.. I HIGHLY Recommend preparing your lunch and healthy snacks for your work desk and get your things in order for work the day before so you can be early to work and feel proud each day giving your best.
    Treats me with Respect, non-biased environment, Interview was Excellent and engaging. Even set my new desk up with a new Dual Screen Monitors and new Computer.

    Coworkers are pleasant, helpful, and respectful of your personal space by default.

    Coworkers genuinely say hello or good morning if you say hello or good morning to them which is good communication environment to start with as opposed to not. Be detailed focused and learn as much as you can, and ask TONS of questions about the older software still being used in the Securities trading game. Its a entire market thing, not by fault of B.N.Y. Mellon by any means.

    Making new programs that work for all your clients is time, personnel, and cost intensive, and only a few companies get lucky enough to buy the program they always dreamed of from a MIT student or Stanford student for a low price. \

    So its definitely a challenge processing things that are DOS based ONLY because the lack of automation and lack of built in Artificial Intelligence in the Securities game.

    There are of course newer programs out there but are not yet widely used, and therefor it would be an immense undertaking for ANY company to make such a switch, especially when the clients and brokers you serve are not asking for the newer programs across the board. So i feel where B.N.Y.

    Mellon is coming from. So there in itself lays the challenges of Global Securities Ops jobs in the USA.

    Cons

    The only way to get in the door, even if you live in the same city as your work location would be, is to apply and professionally network with Temp Agencies whom are contracted with BNY Mellon to Pre-screen potential candidates throught the temp agency instead of directly through BNY Mellon HR. That can be a pro and a con at the same time. Because, if you never thought to apply to this company by means of a temp service, you would possibly wait 1 to 7 years to get hired directly. Depends of course on your background, and who you know in the field you are applying for. (comments are simply based on life experiences)

    Advice to Management

    Continue being awesome...
    Also thank you for the 5 Gallon Water dispensing unit on our floor, super convenient. It even dispenses HOT water for Green Teas and Instant coffee if you are into the healthy energy boosts.


  2. "Good experience"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BNY Mellon full-time

    Pros

    I liked the work culture!!

    Cons

    Not many new or adventurous projects.

  3. "Great People, Good Opportunities"

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

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

    Pros

    There are numerous opportunities for career development and networking. The people I work with are fantastic and the onsite health center is convenient.

    Cons

    The salaries are almost always on the low side.


  4. "Owner"

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

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

    Pros

    Great place to work for myself.

    Cons

    Communication is not the strong point.


  5. "IT"

    StarStarStarStarStar
    Current Employee - Technology in Jersey City, NJ
    Current Employee - Technology in Jersey City, NJ

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

    Pros

    Recently joined. Tons of opportunities, if you’re looking for the challenges. My team is great and company culture is good too.

    Cons

    Nothing yet. So far so good.


  6. "Investor Relations"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at BNY Mellon full-time

    Pros

    Good management, work-life Balance and benefits

    Cons

    annual salary increment is meagre


  7. "great work life balance; smart people"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at BNY Mellon full-time

    Pros

    great benefits. Not so stressful. hours are awesome. A lot of freedom.

    Cons

    too many middle managers. compensation slightly lower than industry average.

    Advice to Management

    value your employees. be nimble to fast changing market

  8. "BA/Senior Apps Developer"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BNY Mellon full-time

    Pros

    BNYM is the best place for women to work with

    Cons

    They can improve the team building activities and providing more business knowledge to the entry-level employees.


  9. "Team lead financial reporting Supervisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Everett, MA
    Former Employee - Anonymous Employee in Everett, MA
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BNY Mellon (More than 8 years)

    Pros

    Great company , opportunity to grow

    Cons

    Bad direct management , very unprofessional senior management

    Advice to Management

    Be more professional


  10. "Good starter job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Check Service Clerk in Pittsburgh, PA
    Former Employee - Check Service Clerk in Pittsburgh, PA
    Recommends

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

    Pros

    Easy work, decent pay not too much not too little, can get a shift change at the drop of a dime .

    Cons

    Not enough work for the whole 8 hours