BNY Mellon Reviews in United Kingdom | Glassdoor

BNY Mellon UK Reviews

Updated February 11, 2017
164 reviews

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United Kingdom

3.2
Star Star Star Star Star
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BNY Mellon Chairman, President and CEO Gerald Hassell
Gerald Hassell
51 Ratings

164 Employee Reviews

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Pros
  • Employee Friendly organization, Best part is Diversity & Inclusion, Work Life Balance (in 311 reviews)

  • Friendly work environment with flexibility to work from home or arriving a little late (in 149 reviews)

Cons
More Pros and Cons

  1. "Automation Analyst Experience"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Contractor - Automation Analyst in London, England (UK)
    Former Contractor - Automation Analyst in London, England (UK)
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at BNY Mellon as a contractor (Less than a year)

    Pros

    Excellent people to work with

    Cons

    I think it a great place to work

    Advice to Management

    Keep up the good work


  2. "Process Accounting Manager II"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Comp & Benefits
    • Senior Management
    Current Employee - Process Accounting Manager in Manchester, England (UK)
    Current Employee - Process Accounting Manager in Manchester, England (UK)
    Recommends
    Neutral Outlook
    Approves of CEO

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

    Pros

    Good work/life balance, good benefits package. Generally good culture within the organisation.

    Cons

    Promotional prospects are very limited as all of the Senior Finance positions are located in London. This also applies to all Treasury positions


  3. "Great Team"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Relationship Manager in Woking, England (UK)
    Former Employee - Relationship Manager in Woking, England (UK)
    Recommends

    I worked at BNY Mellon (More than a year)

    Pros

    Flexible hours, decent bonus, enjoyable team events.

    Cons

    Limited opportunity to grow and transfer across divisions.


  4. Is this helpful? The community relies on everyone sharing – Add Anonymous Review


  5. "Great Company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Client Service Representative in Edinburgh, Scotland (UK)
    Former Employee - Client Service Representative in Edinburgh, Scotland (UK)
    Recommends

    Pros

    Excellent management & leadership team.
    Robust training & supportive training staff.
    Friendly helpful environment.

    Cons

    Salary was the only downside.

    Advice to Management

    Salaries need to be reviewed to retain staff.


  6. "Below average"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Corporate Actions Senior Specialist in Manchester, England (UK)
    Current Employee - Corporate Actions Senior Specialist in Manchester, England (UK)
    Doesn't Recommend
    Neutral Outlook
    Disapproves of CEO

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

    Pros

    Diverse work place and also scope for quick progression due to people leaving as a regular occurrence for better money at other banks

    Cons

    No talent retention, poor wages leads to people often being promoted beyond where they should be. There is very little scope for yearly bonus/wage rise.

    Advice to Management

    Keep you best people by paying them more


  7. "Great company"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Unit Manager in London, England (UK)
    Former Employee - Unit Manager in London, England (UK)
    Recommends
    Positive Outlook
    No opinion of CEO

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

    Pros

    Progressive. Flexible and encouraging. A vary varied mix of businesses means that there are many job opportunities and the ability to change business lines and specialisms.

    Cons

    Big company. Some people may not like working for a organisation with over forty thousand employees. The headquarters are in the US.

    Advice to Management

    Keep up the good work.


  8. "Not great for support staff"

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

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

    Pros

    Good benefits
    Lots of social activities if you want to get involved
    Reasonable offices

    Cons

    Cliquey teams
    Poor onboarding and training non existent
    Hr poor

    Advice to Management

    Dont treat support staff as if they dont have a brain or patronise them
    Allow people to do their jobs trust them listen to ideas


  9. "A confused future"

    Star Star Star Star Star
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    It seems the US want to take back more control since Brent decision. Lots of job cuts / costs savings = share price finally went up.

    Cons

    May find that mid 2017 they lost too many good employees and to fill the gap will hire lots of contracters for triple the cost. Or send even more offshore.


  10. Helpful (1)

    "Edinburgh - Honest Appraisal."

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee in Edinburgh, Scotland (UK)
    Former Employee - Anonymous Employee in Edinburgh, Scotland (UK)
    Doesn't Recommend
    Negative Outlook

    I worked at BNY Mellon full-time

    Pros

    In general, the people are good and there is a general willingness to do things right amongst the administrators.
    City centre location is good.

    Cons

    The pay is poor.
    The parameters for any bonus are vague and open to interpretation, and therefore comes down to the opinion of your manager.
    Lower management are tick-box supervisors, with no interest in developing their staff. Their prime concern is flying under the radar of their bosses.
    The systems are appalling and require a huge overhaul and investment tha the company is never going to make.
    Training is weak, especially in areas such as CASS, where no attempt has been made to make it relevant to your role, and overall knowledge is learned through word of mouth from selected staff.
    Work life balance depends on the manager so there are no guarantees. This is especially true if you are male.
    Staff numbers have been cut by approx three quarters so it is doubtful if there is a long term future. This has been ongoing for over two years and the planning has been nonexistent, so staff have been allowed to leave with no plan as to how their work will be done in their absence.
    Favouritism. People promoted into good management positions with no interview.
    There is no real drive amongst management to tackle the major issues, such as training, the systems or the imbalance of knowledge held by a few and the office appears to be drifting.
    There is zero connection between teams, except for lynx messaging or email. Only four floors but you can go months without seeing anyone from another department. Furthermore, some managers revel in closing ranks and making it as difficult as possible for other teams by refusing to allow their staff to assist other teams who need help.
    The new Chief of Operations is invisible and is more concerned at name dropping her relationships with senior management.
    Essentially, upper management have been so focussed on the reduction in staff numbers, they have completely dropped the ball in terms of general operations,

    Advice to Management

    Start managing your staff, looking at ways to improve their daily lives. If that means rocking the boat with your own manager then do that. Too often the response is a shrug of the shoulders and a "what can I do?" attitude.
    Put pressure on staff to be better, but give them the opportunity to be rewarded. At the moment there is no motivation to truly exceed because there is no tangible reward.


  11. "Good place to work"

    Star Star Star Star Star
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Analyst in Brentwood, England (UK)
    Current Employee - Business Analyst in Brentwood, England (UK)
    Recommends
    Neutral Outlook
    No opinion of CEO

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

    Pros

    Good career development and training, management are open and support flexible working

    Cons

    System developments are often done on the cheap and could be much better if the necessary budget was made available.

    Advice to Management

    Remain open to flexible working patterns, work life balance is important and flexible working patterns help employees achieve it.



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