Good starting job, mediocre management. - Settlement Agent BNY Employee Review

3.0
Feb 9, 2014
Recommend
CEO approval
Business Outlook

Pros

Good starting job in Banking. A lot of young people, a lot of nationalities. Good teamwork (although largely driven by being 'in the same boat')

Cons

No clear or ambiguous communication in the department I worked. Frequently overtime and no appreciation by management. If you are not part of the inner circle : no promotion, favoritism is frequently seem.

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5.0
Jun 23, 2026
Recommend
CEO approval
Business Outlook

Pros

Really technology driven and laid back first

Cons

Low salary for new associates.

4.0
Jul 5, 2026
Recommend
CEO approval
Business Outlook

Pros

There is real opportunity for career and skill growth. The company runs short on head count, so people willing to take on more responsibilities have avenues to progress. However, you will need to force the issue for promotions & large salary increases after you prove your capabilities. Realistically it'll take an external counteroffer to move the needle.

Cons

It's a large bank and you're a number in the system. If your NPV is positive you'll stay, else you'll be laid off. This includes both scenarios you control and those you don't. Ex. You control your performance, in office time and networking You don't control if your location is a strategic growth site, if a major client goes with a competitor, or if you'd be impacted by a general company-wide layoff plan.

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