BNY Mellon Reviews | Glassdoor

BNY Mellon Reviews

Updated May 24, 2017
2,900 reviews

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2,900 Employee Reviews

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  1. Helpful (2)

    "Quantitative risk analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Quantitative Risk Analyst in New York, NY
    Former Employee - Quantitative Risk Analyst in New York, NY
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    Pros

    Lay back culture, work life balance

    Cons

    The bureaucracy is huge to the point it is difficult to achieve anything. The pay is mediocre.

    Advice to Management

    Promote people who are willing to take on responsibility


  2. "Fund Accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Investment Accountant in Westborough, MA
    Former Employee - Investment Accountant in Westborough, MA

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

    Pros

    Nice people, easy work and hours

    Cons

    No much room for growth


  3. "Great opportunity"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Client Service Specialist in Uniondale, NY
    Current Employee - Client Service Specialist in Uniondale, NY
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

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

    Pros

    Training programs are excellent.
    Firm committed to the highest ethical standards.

    Cons

    Not so much upward mobility.

    Advice to Management

    Do not stick to antiquated ways.


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  5. Helpful (3)

    "Fund/Investment accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Accountant in Wilmington, DE
    Former Employee - Accountant in Wilmington, DE
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Friendly coworkers with ok benefits

    LEAVE with-in 2 years

    Cons

    • The pay is below the industry standard
    • Felt like paid Slavery
    • Long hours
    • Your extra effort is never noticed.
    • When an issue arises it's a finger pointing game instead of trying to resolve the issue.
    • Minimum controls in place to pervent errors
    • Inadequate training ( if something doesn't go as planned luck).
    • Want innovation ideas but won't consider your idea because it's there way or the highway.
    • Outdated software (leaves too many opportunities for errors)
    • Management is unsure how to process some transactions and it's a guessing game sometimes.
    • If you want a promotion, your hard work and long hours won't do it ,be prepared to kiss some butt
    • Turnover is VERY HIGH from layoffs and people just leaving. (Personally knew about 23 people who left. I'm not being dramatic )
    • Career Growth is limited don't listen to the dream they try to sell you.

    Advice to Management

    • Listen to the people actually doing the work.
    • Try to be more innovational
    • Promote existing employees instead of hiring external employees so that you can retain your top talent.
    • Work life balance vs pay is unacceptable
    • Implement more EFFECTIVE controls


  6. "This is a financial accounting position. You learn new things everyday."

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

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

    Pros

    Really nice environment and it's to talk to managers. Flexible as long as the job is done. The company provides a lot of courses and online classes.

    Cons

    Started with a low salary and the annual raise is poor. They tried to keep you in low payment range.

    Advice to Management

    More training


  7. Helpful (2)

    "Stay away if you can"

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

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

    Pros

    Flexible hours and Work from Home

    Cons

    Highly political environment. Hard to raise a voice. Favoritism everywhere.


  8. "Operations Specialists"

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

    I have been working at BNY Mellon full-time

    Pros

    The team gets along very well, and there is a great work-life balance.

    Cons

    The only con I can think of at the moment is the amount of downtime in the day.


  9. Helpful (1)

    "BNY Mellon"

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

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

    Pros

    Industry leading innovator. Ample opportunity to learn from years of industry experience.

    Cons

    Compensation and employee appreciation is lacking.


  10. "Horrible experience!"

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

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

    Pros

    Nice offices, cafeteria on site. Friendly helpful people for the most part. Nice location, close to alot of shopping, lunch places.

    Cons

    Horrible training, not allowed to ask questions once I was on the phone.


  11. "BNY Mellon"

    Star Star Star Star Star
    Current Employee - Anonymous Employee in New York, NY
    Current Employee - Anonymous Employee in New York, NY

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

    Pros

    Management is very supportive of employees

    Cons

    Merit increases tend to be small


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