BNY Mellon Reviews | Glassdoor

BNY Mellon Reviews

Updated June 20, 2017
2,941 reviews

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2,941 Employee Reviews

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Pros
  • Work life balance is good in certain areas (in 336 reviews)

  • Life and Work are perfectly balanced Great Work Environment (in 162 reviews)

Cons
More Pros and Cons

  1. "Accountant"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Accountant in King of Prussia, PA
    Current Employee - Accountant in King of Prussia, PA
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Easy work and good pay

    Cons

    Hours, insurance isn't that great and work environment is very dry and boring


  2. "Sales"

    Star Star Star Star Star
    • 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 (Less than a year)

    Pros

    Great work balance, generous education plans, and amazing people.

    Cons

    Technology is taking too long to be integrated.

    Advice to Management

    Keep what you are doing


  3. Helpful (2)

    "Corporate Trust Division, Associate client service manager role"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Associate Client Service Manager in New York, NY
    Current Employee - Associate Client Service Manager in New York, NY
    Recommends
    Negative Outlook
    No opinion of CEO

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

    Pros

    Stable company. I like the people and the corporate environment.

    Cons

    Promotions are nonexistent. salaries do not reflect market. Corporate Trust division elimated grade level (i) 65-74k salary range. im an H level. My next jump is level J which is challenging to obtain. Salary increases are 2% or lower no matter the work effort within the client service management position. Give. the information, the company has forced my hand to look elsewhere regrettably.

    Advice to Management

    It is rather difficult being a Grade Level H (55-64k) to be promoted when the company elimated Grade Level I for corporate trust. The next grade level is J. How do you justify giving promotions with such a be salary gap? Is the strategy to limit promotions all together?


  4. "HR Client Service Representative II"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Human Resources Client Service Representative II in Pittsburgh, PA
    Current Employee - Human Resources Client Service Representative II in Pittsburgh, PA
    Doesn't Recommend

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

    Pros

    Good place to start. Good area to learn a variety of informatio.

    Cons

    No room for advancement. No flexibility.


  5. Helpful (2)

    "An OKAY company for starter. A few years experience can be helpful to find next better employer/positions"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Financial Analyst in Pittsburgh, PA
    Former Employee - Financial Analyst in Pittsburgh, PA
    Recommends
    Negative Outlook
    No opinion of CEO

    I worked at BNY Mellon full-time (More than 5 years)

    Pros

    work life balance. lots of exposures to financial industry.

    Cons

    bad pay and rewarding system, not much room for promotion, bureaucratic

    Advice to Management

    The reason why this company can still make money is that the regulation put high bar for technology companies entering into this industry. Senior management should be more proactive and aggressive in reducing manual operations and promoting digitalization and reenginnering all current custodian services provided. Otherwise, the tech company will disrupt this sector in at most 10-20 years.


  6. Helpful (1)

    "Compliance Director"

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

    I worked at BNY Mellon full-time (More than 8 years)

    Pros

    Offer good professional development training programs, adequate benefit package and 401k

    Cons

    Very political environment, lack job security

    Advice to Management

    Should provide more transparency to employees about organizational direction and company's goals


  7. "Great place"

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

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

    Pros

    Very flexible and good people to work with. Most are easily available. Happy to be here and plan on being here for awhile.

    Cons

    Pay may be lower than other competitors. A lot of co-workers have moved on and change is constant. Technology issues are persistent.

    Advice to Management

    N/A


  8. "Summer Analyst"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Summer Analyst Program in New York, NY
    Former Employee - Summer Analyst Program in New York, NY
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Great environment. invest in their young employees

    Cons

    I have no cons, keep improving the internship program

    Advice to Management

    keep up the good work.


  9. Helpful (2)

    "Normal"

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

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

    Pros

    Immediate colleagues are good and good team feeling.

    Cons

    Out of office upper management could not care less about their lower end employees. There is no flexibility day to day.

    Advice to Management

    Be more employee friendly.


  10. Helpful (2)

    "Organizational Chaos"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Program Manager in Jersey City, NJ
    Current Employee - Program Manager in Jersey City, NJ
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Trying to emulate a start up culture.

    Cons

    Pay is not as competitive as other big banks or funded start ups. There is enormous organizational chaos. Most of the middle and upper management are tenured and provide lip service to modernization and collaborative spirit. Hiring and onboarding not very efficient.

    Advice to Management

    Hire managers with not just technical skills but also knowledgeable about organization behavior and have leadership acumen. Have an enthusiastic on-boarding process for new employees. Remove dysfunctions within and across teams. Create a system of accountability. Teams providing services to other teams should be accountable for their products and services.


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