BNYM - Account Administrator BNY Employee Review

1.0
Jul 31, 2010
Recommend
CEO approval
Business Outlook

Pros

The company is one of the oldest banks in the country and is a good name to have on your resume. It is a very good start for someone who is fresh out of college or a place for someone who has retired and want to learn something new. Benefits are pretty good, you can purchase up to one week of vacation and some departments even let you work from home once a month.

Cons

Not much room for growth and or development. Only exempt employees are bonus eligible and the salaries are not that great.

Explore other reviews about BNY

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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