Fine for a first job out of college, but look elsewhere if you are looking for advancement. - Corporate Trust Associate BNY Employee Review

3.0
Jan 10, 2011
Recommend
CEO approval
Business Outlook

Pros

Not sure if this is a "Pro", but the work is not excepetionally challenging so if you are looking for a postion that allows you to Veg. out from 9-5 then this is the position for you.

Cons

Very little opportunity for advancement or increase in salary. The experience, knowlege, and skill set learned in the CDO department of Corporate Trust is not easily transferable to other positions. I also feel that the work is not challenging enough.

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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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