BNY Mellon Reviews | Glassdoor

BNY Mellon Reviews

Updated February 22, 2019
4,107 reviews

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BNY Mellon Chief Executive Officer Charles W. Scharf
Charles W. Scharf
439 Ratings

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  1. Featured Review

    Helpful (16)

    "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. "Great place for JD Advantage seekers"

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

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

    Pros

    Good pay, benefits, vacation, paid maternity leave. Treated with respect by management. Generally left alone to do my job.

    Cons

    Parking downtown is expensive, a lot of links in the chain of command, diminished chances to work from home

    Advice to Management

    Expand WFH because parking costs are insane.

  3. "Excellent Place to Work"

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

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

    Pros

    Undergoing leadership transformation - Bold, Leading and Risk Taking - will be the new leader in the banking space

    Cons

    Work from home policy is restrictive

    Advice to Management

    Keep up the good work -


  4. "Great people, salary not great"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant
    Former Employee - Accountant

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

    Pros

    Great environment, benefits are good

    Cons

    Salary is a little below other companies


  5. Helpful (1)

    "Full time Everett Mass"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - GIA Accounting Analyst in Everett, MA
    Current Employee - GIA Accounting Analyst in Everett, MA
    Recommends
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Located conveniently outside the city with plenty of parking, building is clean, plenty of work to do to stay busy, multiple schedules with different hours, get to work with reputable clients and build skills needed for many other opportunities.

    Cons

    Management can be a bit harsh however this is corporate America. Difficult to advance within the ranks and creat constant career growth. The company is too segregated among duties leading to much confusion. Too much can rely on too few of people

    Advice to Management

    Acknowledge employees personal lives and embrace new technologies


  6. Helpful (2)

    "Average company"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Senior Specialist in Everett, MA
    Current Employee - Senior Specialist in Everett, MA
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

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

    Pros

    good work life balance with generous days off.

    Cons

    Constance change in policy and culture due to high management turnover.


  7. "Amazing company to work for"

    StarStarStarStarStar
    Former Employee - Anonymous Employee in Orlando, FL
    Former Employee - Anonymous Employee in Orlando, FL

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

    Pros

    Benefits and work life balance are great

    Cons

    Extra hours during tax seasons are hard on that work life balance

  8. "Analyst"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at BNY Mellon full-time

    Pros

    Company is Good and facilities are good

    Cons

    Bad Atmosphere in some of the Process, Favourism, Harashment..

    Advice to Management

    Need to retain the dedicated employees


  9. "Client Service"

    StarStarStarStarStar
    Current Employee - Specialist in New York, NY
    Current Employee - Specialist in New York, NY

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

    Pros

    work life balance, great people

    Cons

    low pay, slow growth


  10. Helpful (1)

    "Friendly, respectful work environment"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Executive Assistant in New York, NY
    Current Employee - Executive Assistant in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    The people are nice
    There is work-life balance
    Great 401K
    Great work location

    Cons

    I've only been here a few weeks, so this question will need to be updated later. None at the moment.

    Advice to Management

    None.