Managing Director - Anonymous employee BNY Employee Review

1.0
May 20, 2015
Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The pay check comes every week such as it is.

Cons

Senior management does not believe that employees below the senior levels are important to the overall company success and treats them as cogs to be replaced at will. The company routinely equates the cost of the government fines and loses they create with the number of lower level people they will need to fire.

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Jun 23, 2026
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CEO approval
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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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