BNY Mellon Reviews | Glassdoor

BNY Mellon Reviews

Updated September 25, 2017
3,114 reviews

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3.1
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Charles W. Scharf
18 Ratings

3,114 Employee Reviews

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Pros
  • Excellent Work Life balance,Better Compensation (in 363 reviews)

  • Life and Work are perfectly balanced Great Work Environment (in 174 reviews)

Cons
More Pros and Cons

  1. "Only have been working there for a week, but love it so far, learning allot"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Derivative Operations Specialist in Orlando, FL
    Current Employee - Derivative Operations Specialist in Orlando, FL
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Good place to start your career in Finance and interesting work environment. Good pay, good benefits, good location, close to UCF

    Cons

    Make you stay till 7pm sometimes. The on boarding process isn't very organized. Other than that I can't think of any other cons really.

    Advice to Management

    Be more engaging when training


  2. "VP, Marketing Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Recommends
    Neutral Outlook
    No opinion of CEO

    I have been working at BNY Mellon full-time

    Pros

    Opportunities for growth and development. Mobility, flexibility. Great 401k match.
    The people are the best I've ever worked with.

    Cons

    Biggest con: Does not pay competitively. Benefits are expensive.

    Advice to Management

    Happy people, happy clients, happy shareholders. And, pay your people competitively.

  3. "Love Your Job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Trade Investigator in Oriskany, NY
    Former Employee - Senior Trade Investigator in Oriskany, NY
    Recommends
    Positive Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time (More than 10 years)

    Pros

    Team Oriented, Open Minded atmosphere, clearly defined goals

    Cons

    division of labor on the management end unfair

    Advice to Management

    know your team, take time to know the people that work for you and do your best to accommodate them. happy employees work harder


  4. "Accounting Supervisor"

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

    I have been working at BNY Mellon full-time (More than 5 years)

    Pros

    401k company matching policy, stable job, full benefits, 4 weeks vacation and holidays, a large number of departments and organizations to work amongst, Eagle, IAS, Fund Accounting, GAAP Accounting, Reconciliation, Fund Valuation, Bloomberg and DTC exposure, Investment Manager Support into Large institutional, Mutual and Private Wealth Fund Basis

    Cons

    Not as competitive of a salary as would be expected of a Large company, Small Merit increases and bonuses from the merger as well as the financial collapse, sometimes it is hard to find opportunities outside of your department and hiring managers to take a chance on your work experience and skills

    Advice to Management

    Attempt to work with Upper Management on a better incentive plan


  5. "A great crash course in the fundamentals"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Senior Fund Accountant in Lake Mary, FL
    Former Employee - Senior Fund Accountant in Lake Mary, FL
    Recommends
    No opinion of CEO

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

    Pros

    Great people; great atmosphere; you will learn a ton

    Cons

    Depending on location, salary and lack of internal upward and lateral mobility

    Advice to Management

    Great management, keep up the good work


  6. "Tax Manager"

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

    I have been working at BNY Mellon full-time (More than 5 years)

    Pros

    Large organization with room for career growth

    Cons

    None to mention at this time


  7. "Account Analyst"

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

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

    Pros

    Great team environment and friendly people. It was a great first job to get experience in a bank/corporate environment before going back to law school.

    Cons

    Steep learning curve with the number of reports and very fast paced deadlines every day.

  8. "Wealth Management"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at BNY Mellon full-time

    Pros

    very collegial environment, there is a competitive nature but not to the detriment of the work environment

    Cons

    zero room for growth, no communication from upper management

    Advice to Management

    Severe disconnect between management and employees- open up a dialogue with employees or you will continue to lose people. Brushing issues under the rug or pretending like they are not there does not help.


  9. "Great Company with good experience"

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

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

    Pros

    Great Platform and have a lot exposure to the industry

    Cons

    Promotion is slow and compensations are moderate


  10. "Lead Analyst at BNY Mellon"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    No opinion of CEO

    I have been working at BNY Mellon full-time

    Pros

    Grow your skill set. New challenges everyday. Exposure to the global economy and global workforce. Diverse employee fingerprint

    Cons

    Lack of employee engagement and hard to retain talent. Horrible employee development program.

    Advice to Management

    Listen to SME and create a non-retaliatory environment. Challenge your manager instead of being a habitual yes man.


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