If you care for career growth and professional growth, STAY AWAY - Senior Associate BNY Employee Review

1.0
Apr 16, 2011
Recommend
CEO approval
Business Outlook

Pros

If you are not too competent you will rise up in the management. If you do your daily work and keep the regular hours, you will survive through in the company. Easy work for those who want to keep their job.

Cons

The upper management has no training or experience in the posts they hold at MCM - don't believe me, look up the profiles of some of the upper management personnel. Favoritism reigns high and promotions and high salaries are given to friends with anyone in the upper management, not the ones who really put in the hard work. The general consensus is that employees are so dissatisfied that people will leave as soon as the market picks up.

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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